Wynn Macau has appointed Gamal Aziz as president, replacing Steve Wynn who will continue as CEO and chairman of the board. Mr. Aziz will report to Mr. Wynn. Mr. Aziz returned to work at Wynn in January last year, after serving as president and CEO of MGM Hospitality, where he was responsible for developing and operating luxury hotels under the Bellagio, MGM Grand and Skylofts brands. Prior to MGM Hospitality, he served as president and COO of the MGM Grand.
Suncity Group saw its loss for the year increase six-fold year-on-year to RMB1.5 billion (US$223.6 million), due mainly to the change in fair value...