Business
August 20, 2021
WynnBet Integrates Rewards Program with Sports and iGaming Businesses
Wynn Rewards hits the shelves at WynnBet’s iGaming and sports gambling platforms. Interconnectivity between Wynn Resorts’ iGaming, sports gambling and integrated resorts businesses is back in focus. WynnBet Implements Rewards Program with Interactive Products WynnBet has confirmed that it will be integrating the Wynn Rewards Program, associated with the firm’s hospitality business, into its remote sports gambling […]
Business
May 31, 2021
Wynn Resorts President Billings Named Wynn Interactive CFO
US gaming and hospitality operator Wynn Resorts announced in a filing issued on Friday its president Craig Billings stepped down from the position effective May 24, 2021. Billings remained on his other role, the chief financial officer of the company, though. Internal Shift Craig Billings was appointed as Chief Financial Officer at the online gaming […]
Business
May 11, 2021
Wynn Interactive to Merge with SPAC and Trade on NASDAQ
Wynn Resorts’ subsidiary, Wynn Interactive is to merge with special purpose acquisition company, Austerlitz Acquisition Corporation I to create an independent public company and list on the NASDAQ stock exchange. Once the merger is completed, the combined company is expected to have an enterprise value of approximately $3.2 billion. Wynn Interactive Is on Its Way […]
Business
November 7, 2020
Wynn Resorts Absorbes BetBull into $80M Wynn Interactive
Wynn Resorts and UK social sports betting operator BetBull expanded on their partnership by creating an $80 million joint venture company, as the casino operator is looking to diversify its portfolio of online gaming. As part of the deal, Wynn has also acquired the BetBull business for an undisclosed price. Wynn Acquires BetBull Wynn Resorts […]
Business
November 6, 2020
Wynn Resorts Reports $758.1 Million Loss in Q3, Focuses On iGaming Venture
On November 5, Wynn Resorts reported a net loss of $758.1 million in Q3, a 53.3% decline year-on-year. Despite huge falls in revenue at its two Macau resorts, positive trends have been emerging on the local market. Positive Trends Emerge in Macau High-end hotel and casino developer Wynn Resorts reported yesterday a $758.1 million loss […]