In this photo taken Thursday, April 22, 2010, Wynn Resorts founder, chairman and CEO Steve Wynn speaks during the opening ceremony of his newest resort Wynn Encore Macau. The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday, May 2, 2012 for a new casino in the Cotai district of Macau, the world's most lucrative gambling market. Wynn said the Cotai development is the "single most important project" in his company's history. (AP Photo/Kin Cheung)

Associated Press
In this photo taken Thursday, April 22, 2010, Wynn Resorts founder, chairman and CEO Steve Wynn speaks during the opening ceremony of his newest resort Wynn Encore Macau. The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday, May 2, 2012 for a new casino in the Cotai district of Macau, the world's most lucrative gambling market. Wynn said the Cotai development is the "single most important project" in his company's history. (AP Photo/Kin Cheung)
In this photo taken Thursday, April 22, 2010, Wynn Resorts founder, chairman and CEO Steve Wynn speaks during the opening ceremony of his newest resort Wynn Encore Macau. The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday, May 2, 2012 for a new casino in the Cotai district of Macau, the world's most lucrative gambling market. Wynn said the Cotai development is the "single most important project" in his company's history. (AP Photo/Kin Cheung)
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