Because of our current focus in Macau, our Board of...

Because of our current focus in Macau, our Board of Directors decided that any decision we make must enhance the vitality and future of Macau. Making it possible for PBL to enter was a positive and dynamic step toward upgrading and expanding the quality of investment in Macau. What's good for Macau is good for Wynn Resorts. This transaction was appealing from a financial perspective and most importantly sets the stage for other activities done in conjunction with PBL in Asia and around the world.