Wynn forms subsidiary to develop hotels outside of Las Vegas | reuters.com

Wynn Resorts Ltd will form a new subsidiary to develop hotels and casinos outside Las Vegas, to be headed by Gamal Aziz, the former president and CEO of MGM Hospitality, chairman Steve Wynn said on Monday. The formation of Wynn Resorts Development LLC, continues Wynn's efforts to expand beyond Las Vegas, after opening properties in Macau, the world's largest gambling destination, and announcing plans to build a casino in the island's area known...