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Wynn Resorts creates subsidiary to spur global growth
Wynn Resorts has announced the formation of Wynn Resorts Development to spearhead the company's expansion worldwide. Wynn Resorts is pursuing several development plans, including a $4 billion resort on Macau's Cotai Strip and casino proposals in Philadelphia and Massachusetts. Gamal Aziz, former president and CEO of MGM Hospitality, will assume the role of president and chief operating officer of the new business.

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