Wynn Macau to Pay US$193 Million for 51 Acres

 Wynn Macau Ltd. is paying top dollar for a 51-acre plot in the Chinese city. The casino company has agreed to pay the Macau government 1.55 billion patacas (US$193 million) for the land, according to Businessweek. The contract allows Wynn Macau to build a resort on the parcel in the Cotai Strip that include gambling and retail outlets.