The unlikely business partners of one of the world's biggest casino companies.
This is the conclusion of a two-part series on how Wynn Resorts, one of the world’s biggest casino operators, pursued a deal to acquire land in Macau’s Cotai Strip from a pair of Chinese businessmen.
Steve Wynn has said it was a simple real estate deal: In 2005, when Wynn Resorts wanted to build a second casino in Macau, China's fast-growing gambling hub, the government told him the land had already been committed to someone — a man named Ho Ho. In order to get access to the land, Wynn
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Bob Fu's relationship with China has gone through phases. First, he thought money would solve his problems there; then he joined protesters at Tiananmen Square, thinking the politics could change. In the end, he determined, only God could save China, and he's been fighting for religious freedom in China ever since he resettled in Texas. With his nonprofit, ChinaAid, prospering like never before, he says the U.S. is finally catching on.