Wynn Resorts Drops Litigation Against Former Largest Shareholder Kazuo Okada

Wynn Resorts Ltd. on Monday dropped litigation against its former largest shareholder, Japanese pachinko mogul Kazuo Okada, according to a court order signed by the judge in the case and viewed by The Wall Street Journal.

The move brings the company another step closer to resolving a six-year legal battle that also involves Wynn co-founder Elaine Wynn, the ex-wife of former Chairman and Chief Executive Steve Wynn.


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