The Wynn hotel and casino in Las Vegas. Wynn Resorts is placing its bets on one of Australia's largest gaming and entertainment groups.

CREDIT: Lawrence K. Ho/LA Times via Getty Images

The Wynn hotel and casino in Las Vegas. Wynn Resorts is placing its bets on one of Australia's largest gaming and entertainment groups.

CREDIT: Lawrence K. Ho/LA Times via Getty Images

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Wynn Resorts abandons $7 billion play for Australia's Crown Resorts

Wynn Resorts abandoned plans to buy one of Australia's largest gaming and entertainment groups.