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U.S. markets recover from steep losses
LAS VEGAS, Dec. 28 (UPI) -- Las Vegas developer Steve Wynn has been granted citizenship by Monaco, a spokeswoman of Wynn Resorts said Tuesday.
Wynn is not disclaiming U.S. citizenship and will remain a U.S. taxpayer, spokeswoman Jennifer Dunne said.
Prince Albert II of Monaco, however, has conferred Monegasque citizenship upon Wynn, so he can serve as an outside director for a joint Monegasque and Qatar venture, the Las Vegas Sun reported.
It was not announced what venture was involved. A likely possibility is the Monaco QD International Hotels and Resorts Management, a joint venture that is attempting to purchase hotels in Europe, the United States and the Middle East, the Sun reported.
Wynn is chairman and chief executive officer of Wynn Resorts Ltd.
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