Wynn’s impetus for considering moving headquarters to Macau

The Las Vegas Sun reports:

For some industry observers, Steve Wynn’s talk of moving his corporate headquarters to Macau is a logical reflection of his casino there generating 65 percent of Wynn Resorts’ revenue.

It’s also an acknowledgment of what many industry executives have long known: Las Vegas is no longer the center of the gambling universe.

Although many of gaming’s corporate giants and related businesses are based in Nevada, the big money is coming out of Asia. And it’s not just Macau, where baccarat tables make more than twice what they take from Nevada’s biggest high rollers.