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Casino developer studies opportunities in Mexico

Friday, Dec. 6, 2002 | 11:14 a.m.

Las Vegas and Chinese gambling-hotel developer Steve Wynn has lined up a partner in Mexico in anticipation that casinos will be legalized in that nation, the Wall Street Journal reported today.

The Journal said Wynn plans to go to Mexico in January to scout locations and that he would operate a casino with a partner, Alberto Santos, a wealthy Mexican businessman and former senator.

Besides his developments in Nevada and China and his interest in Mexico, Wynn has recently explored gambling opportunities in Maryland.

The Journal reported that Wynn expects that the final version of a bill legalizing gambling won't permit casinos in most areas, including Mexico City, but would reserve them for tourist areas such as Acapulco, Tijuana, Cancun and Puerto Vallarta.

Many hoteliers support the bill -- hotels would be operated separately from the gambling halls, an official told the Journal.

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