Casino
January 25, 2022
Wynn Announces Plans for Multibillion-Dollar Resort in UAE
The international developer and operator of luxury resorts, Wynn Resorts, announced its plans for a new multibillion-dollar integrated resort (IR) on the man-made Al Marjan Island in Ras Al Khaimah, United Arab Emirates (UAE). Wynn Announces Plans for a New Multibillion-Dollar IR The new resort is going to be developed by Wynn in collaboration with […]
Business
January 24, 2022
Rewards Don’t Outweigh the Costs as Wynn Looks to Unload Wynn Interactive
Wynn Resorts wants to sell its online sports betting arm, Wynn Interactive, according to the New York Post. The move comes as a surprise to many, given the attention the online gaming industry is receiving. Adding to the puzzling situation is the fact that Wynn is willing to let it go in what can only […]
Casino
January 13, 2022
Wynn Resorts Halts Development Plans Across Encore Boston Harbor in Everett
Wynn Resorts has decided to pause its development plans for Encore Boston Harbor, located in Everest, a Wednesday statement by an official of the Massachusetts Gaming Commission (MGA) explains. The development plans include restaurants, a parking garage, and an entertainment venue. Reevaluation is Set to Take Place The MGA chief of community affairs, Joe Delaney, […]
Poker
December 21, 2021
Wynn Millions Returns on February 21 with $15M GTD Prizes
Good news poker aficionados, the Wynn Millions is back early next year, with the event running from February 21 through March 20. The series is touted as one of the largest to take place outside the World Series of Poker, the focal point of competitive poker in Las Vegas and most of the United States. […]
Business
December 8, 2021
Wynn Resorts Secures Top CFO Talent from Aristocrat
Wynn Resorts Ltd. has announced the appointment of Julie Cameron-Doe as its new chief financial officer. Cameron-Doe will step into her new position in the second quarter of 2022 as she is currently winding down from her responsibilities as CFO at Aristocrat Leisure Ltd. She is a long-standing industry veteran whose experience spans numerous companies. […]
Business
November 25, 2021
Ian Williams Appointed Wynn Interactive President
As WynnBET expands its digital footprint, the company needs well-seasoned veterans to keep securing a share of what is a rapidly expanding industry. The appointment of Ian Williams as president of the company’s interactive division will now help Wynn continue on a growth trajectory that brings its retail expertise into the digital sector and allows it to […]
Business
November 25, 2021
Macau Finds Casino Operators Can be Liable for Junket Partner Debt
On Wednesday, Macau’s Court of Final Appeal upheld a decision that found Wynn Resorts Macau jointly liable for $747,482 debt to a VIP, along with its junket partner, Dore Entertainment. Wynn isn’t satisfied with the outcome and Paulo Martins Chan, a former boss of the Gaming Inspection and Coordination Bureau (DICJ, for its Portuguese acronym), […]
Legal
November 24, 2021
Appellate Court Revives Lawsuit Against Steve Wynn and Wynn Resorts
A sexual harassment lawsuit that was filed against the former CEO of Wynn Resorts, Steve Wynn, and the company itself by nine women will go forward after a decision made by the Court of Appeals for the Ninth Circuit on Tuesday. In the original ruling, the suit was dismissed in July 2020 by James Mahan, […]
Business
November 23, 2021
Wynn Resorts Chair Gives Update on Sudden Departure of CEO
Wynn Resorts’ chairman of the board of directors spoke out on Monday about CEO Matt Maddox’s departure from the company and suggested that he might seek a non-gaming role following his departure. Chairman Phil Satre made a Friday statement stating that Maddox chose to leave the casino operator on his own, although the board of […]
Business
November 12, 2021
Wynn and Austerlitz Call Off $3.2B Merger Agreement
A combination between a special purpose acquisition company (SPAC) and the online gaming arm of a major US casino operator will not materialize after both parties agreed to terminate their previously agreed definitive agreement. Wynn Interactive Re-Thinking Marketing Strategy Wynn Resorts entered, in May of this year, into a definitive agreement with Austerlitz Acquisition Corporation […]