Wynn, MGM Plan Japan IPOs to Fund Expansion in Asia Push

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Wynn Resorts Ltd. and MGM Resorts International, Las Vegas-based casino operators, intend to conduct initial public offerings for planned Japan resort ventures to help boost their profiles in the country.

Wynn is “actively looking” for equity partners for a planned integrated resort in Japan and would eventually list the venture, President Matt Maddox said in an interview in Tokyo yesterday.