LAS VEGAS----Wynn Resorts, Limited , announced today that its Board of Directors declared a cash distribution of $6.00 per share on its outstanding common stock. This distribution will be payable on December 10, 2007, to stockholders of record on November 30, 2007.
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A Detroit-area man bilked senior citizens and others out of as much as $250 million in a long-running scam that promised profits on lucrative telecommunication contracts with Las Vegas resorts and casinos, U.S. authorities said in court documents filed Tuesday.
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Shares of hotel and casino operator Wynn Resorts Ltd. rose in Tuesday morning trading after the company declared a cash distribution of $6 per share on its outstanding common stock.
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