Casino
November 11, 2022
Wynn Resorts, Ready to Open the First Casino in the Gulf Arab Region
US publicly traded corporation that develops and operates high-end casinos and hotels Wynn Resorts has used its Q3 earnings conference call to update its investors on its plans to build an integrated resort in the United Arab Emirates (UAE). According to the original plans announced at the beginning of the year, the man-made island of […]
Business
November 10, 2022
Wynn Resorts Released 3Q22 Financial Results
The company is showing great US results and losses from its Macau operations yet again, but the general sentiment is still positive. Q3 Results Tell Familiar Story Wynn Resorts recently held an earnings call and the company’s financial results for the third quarter are out. Operating revenue was $889.7 million, which was down around 10% […]
Business
November 1, 2022
Tilman Fertitta Becomes One of Largest Wynn Shareholders
The legendary Tilman Fertitta has been looking to get even more active on the Strip, and his latest moves all seem to come up wins for him. His latest involvement in Wynn might spell good news for both sides. Second-largest Shareholder A Securities and Exchanges Commission (SEC) filing from Monday indicated that the billionaire Tilman […]
Legal
October 13, 2022
Judge Clears Up Allegations against Steve Wynn
On Wednesday, the casino tycoon Stephen A. “Steve” Wynn won his battle against the U.S. Department of Justice when a federal judge in Washington DC ruled that Wynn could not be required to register as a foreign agent. DOJ Sought to Force Wynn to Register under FARA In May, the Department of Justice filed a […]
Legal
September 21, 2022
Massage Therapist Files New Lawsuit Against Wynn Resorts
A massage therapist working at Wynn Resorts keeps haunting the company with yet another lawsuit alleging sexual misconduct. Brenna Schrader filed a new lawsuit on September 1, while she is also a plaintiff in an ongoing class action against former Wynn Resorts CEO Steve Wynn and Wynn Resorts, which was filed back in 2019. New […]
Casino
September 16, 2022
Related Companies to Build a Casino With Wynn Resorts in Hudson Yards
Related Companies, a real estate giant, has announced that it will be pursuing a casino license in a joint venture with Wynn Resorts. The casino license that both parties want to gain will be for a casino on the western half of the Hudson Yards. Developing the Western Point of the Yards Is a Priority […]
Casino
September 13, 2022
Wynn Macau Submits License Re-tendering Bid
Wynn Macau, Wynn Resorts’ Chinese arm, announced that it has submitted its application for a new gaming concession. This makes the company the first among the six concessionaires to confirm joining the concession race. Wynn Macau Submits Concession Bid Wynn Macau’s submitted its tender for a new 10-year concession under the name Wynn Resorts (Macau). […]
Casino
August 10, 2022
Wynn Resorts’ US Operations Soar, Macau Dips in Q2, 2022
The leading luxury resorts and casino company, Wynn Resorts, released its financial results for the three months ended June 30, 2022. Wynn Unveils Financial Results for Second Quarter Overall, the company reported operating revenue of $908.8 million in Q2, 2022. This marked a decrease of $81.3 million or 8.2% when compared to the $990.1 million […]
Casino
August 8, 2022
Wynn Senior Moving from Macau to UAE For Upcoming Integrated Resort
After an eight-year grind of climbing up the corporate ladder in Wynn’s subsidiary in Macau, Derek Sands will be taking on the role of executive vice president for the upcoming integrated resort in Ras Al Khaimah. Experienced Asia Market President Already Moved to UAE Derek Sands has filled one of the first positions for Wynn […]
Industry
July 5, 2022
Wynn’s $2B UAE Casino Resort Offers ‘Brand Extension’
A $2 billion integrated casino resort in the United Arab Emirates (UAE) is one of the key priorities for Wynn Resorts as the company seeks to extend its brand worldwide according to Wynn Resorts CEO Craig Billings. Billings, who is now over six months into the position of chief executive officer at the casino resort […]