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IN BUSINESS COURTS SEC LOOKING INTO WYNN'S DEALINGS IN MACAU By Steve Green senior staff writer Casino resort operator Wynn Resorts Ltd. of Las Vegas on Feb. 13 disclosed the U.S. Securities and Exchange Commission is looking into its $135 million donation pledge to the University of Macau and its casino license in Macau. The disclosure was made after the prior week's court hearing in which dissident board member Kazuoa Okada received the right to see documentation about that gift and other issues — as long as his information requests are reasonable. In a regulatory filing with the SEC, the U.S. regulator of securities including stocks and bonds, Wynn said that on Feb. 8, "following Mr. Okada's lawsuit, the company received a letter from the Salt Lake Regional Office of the U.S. Securities and Exchange Commission requesting that, in connection with an informal inquiry by the SEC, the company preserve information relating to the donation to the University of Macau, any donations by the company to any other educational charitable institutions, including the University of Macau Development Foundation, and the company's casino or concession gaming licenses or renewals in Macau. The company intends to fully comply with the SEC's request." This lifts to two the number of Las Vegas gaming companies facing SEC inquiries of the casino operators' dealings in Macau, a gambling district in China. Las Vegas Sands Corp. has previously disclosed an SEC inquiry into its compliance with a U.S. anti- bribery law. That probe was prompted by a fired executive's lawsuit alleging wrongdoing in Macau — charges denied by Las Vegas Sands. Also, Wynn disclosed more detail about its donation commitment to the University of Macau. The company said in its regulatory filing: "As previously disclosed, in May 2011, Wynn Macau, a majority owned subsidiary of Wynn Resorts Ltd., TRAVEL SOUTHWEST AIMING TO OFFER FOOTBALL, BASEBALL GAMES VIA WI-FI Michelle Agnew, a Southwest By Richard N. Velotta senior staff writer Southwest Airlines passengers may soon be able to watch baseball and football games while they fly. The company developing Southwest's in-flight broadband entertainment platform is partnering with the National Football League and a division of Major League Baseball to live-stream programming from the leagues, which could lead to the ability of passengers to watch games and catch up on highlights from the comfort of their seats. Row 44, the California-based satellite- delivered Internet access provider for Southwest planes, recently signed a deal with the NFL Network to deliver live and on-demand programming, | 20 FEBRUARY 2012 | including Thursday Night Football NFL games and the NFL RedZone Channel on Sundays. In August, Row 44 issued a similar announcement regarding a partnership with Major League Baseball. A Southwest spokeswoman said the airline hadn't committed to any access agreements and had no announcements in connection with Row 44, but added "it's definitely an option for us." Row 44 and Southwest are in the process of equipping all of the airline's Boeing 737-700 jets with the equipment to provide an in-flight Wi-Fi network that would enable passengers Internet access on their own laptops, tablets and smart phones. spokeswoman, said about 175 of the airline's 372 737-700 jets had been equipped to provide Wi-Fi access and all the company's new jets, including larger -800 series planes, would have the system installed. "We're open to the opportunity and excited about the possibility of our passengers being able to access games," Agnew said. In the last few months, Southwest has enhanced its in-flight Wi-Fi portal to include some free offerings. Within the portal, users can access the southwest. com website, games, shopping and a flight tracker for free. Airline officials say they have enhanced the flight tracking program ASSOCIATED PRESS FILE (2006) SEC INQUIRY: Steve Wynn is shown during the opening ceremony of his Wynn Macau. Federal officials are looking into Wynn Resorts' Macau operations. made a commitment to the University of Macau Development Foundation in support of the new Asia- Pacific Academy of Economics and Management. This contribution consists of a $25 million payment made in May 2011 and a commitment for additional donations of $10 million each year for the calendar years 2012 through 2022 inclusive. The pledge was consistent with the company's long-standing practice of providing philanthropic support for deserving institutions in the markets in which it operates. The pledge was made following an extensive analysis which concluded that the gift was made in accordance with all applicable laws. The pledge was considered by the Boards of Directors of both the company and Wynn Macau and approved by 15 of the 16 directors who serve on those boards. The sole dissenting vote was Mr. Kazuo Okada whose stated objection was to the length of time over which the donation would occur, not its propriety." through a partnership with MapQuest. Southwest currently is offering Internet access on Wi-Fi-equipped flights for $5 per one-way route, meaning that one charge is assessed despite a change of planes on the route. The airline also is offering free access to A-List Preferred members — the airline's best customers. Southwest now has a web page on its site for passengers to determine whether a flight they're on will have Wi-Fi access. By visiting www.southwest.com/wifi, passengers can check up to 24 hours before departure whether they're on a Wi-Fi flight by supplying a flight confirmation number, first and last name. 13