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Non-Tech : WYNN RESORTS -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (15)	2/20/2012 6:21:11 PM
From: Sr K	1 Recommendation Read Replies (1) \| Respond to of 39

Mavin's column belittles the Wall Street Journal. The 10 years and the 2% interest rate come from ARTICLE VII COMPLIANCE WITH GAMING LAWS (j) of the Articles of Incorporation (page 7) filed with the S-1 in 2002. It was not arbitrarily picked yesterday. But the timing, just after the ex-dividend date for $.50, saves Wynn Resorts Limited ~50¢ a share on the whole Okada position. Overlooked so far is that Wynn Resorts has to pay Okada's legal fees in defending his ouster. It's in the Articles of Incorporation.