Wynn Resorts Agrees to Buy Crown Resorts Casino in London

Wynn Resorts Ltd., the operator of upscale casino resorts, agreed to buy the members-only casino Crown London, establishing a European footprint ahead of its planned opening of a resort in the United Arab Emirates.

Terms of the purchase from Australia’s Crown Resorts Ltd. weren’t disclosed. The sale is subject to customary regulatory approvals and is expected to close in the second half of the year, Wynn said Thursday in a statement.