Legal
November 10, 2021
Steve Wynn and Wynn Resorts Execs Saved Once Again By Court Judge
A California federal judge dismissed a suit brought by a woman claiming that corruption and bribery had destroyed a case she had brought against Steve Wynn, the founder and ousted CEO of Wynn Resorts, and other company executives. The judge determined that California wasn’t able to oversee the case. Wynn Wins Another Lawsuit Angelica Limcaco […]
Business
November 10, 2021
Matt Maddox to Make Unexpected Exit from Wynn Resorts
Wynn Resorts CEO Matt Maddox announced yesterday that he will leave the company on January 31, 2022. The Board of Directors unanimously requested that Maddox remain on the Wynn Macau Limited Board and Wynn Interactive Limited Boards until the end of 2022. The Board unanimously elected Craig Billings, Wynn Interactive’s CEO and president and also […]
Casino
September 3, 2021
Wynn LA Dealers Unanimously Agree on UAW Deal
Wynn Las Vegas table game dealers will be joining the United Automobile, Aerospace, and Agricultural Implement Workers of America labor union through a unanimously agreed-on three-year deal. The UAW Deal Will Improve the Work Conditions for Dealers According to the dealers’ spokesperson, Kanie Kastroll, over 96% of them have voted in favor of joining the […]
Business
August 31, 2021
Wynn Resorts Brings in Ben Affleck, Shaq to Promote Sports Betting App
Wynn Resorts Ltd. is looking to make a huge impact on this football season as the company will spend upwards of $100 million advertising its new sportsbook app. This is yet another example of how online wagering is shaping the gambling industry. On Monday, Wynn Resorts debuted a new TV ad in which two celebrities […]
Business
August 5, 2021
Federal Judge Revives Steve Wynn-tied Lawsuit Against Wynn Resorts
A Nevada federal judge revived a securities fraud lawsuit in which executives at Wynn Resorts were well aware of some reports concerning misconduct and sexual harassment against Steve Wynn, the casino operator’s founder and former CEO. According to the allegations, even though the executives knew about these events, they chose to disregard them. Andrew Gordon, […]
Industry
June 28, 2021
Encore Boston Harbor Legal Battle over Property Value Comes to an End
Ever since Encore Boston Harbor casino in Massachusetts opened a few years ago, it has been embroiled in one legal battle after another over the property. However, the Wynn Resorts-owned property has almost always managed to emerge on the winning side of the fight. It has done so one more time, thanks to a judge’s […]
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 […]
Legal
May 27, 2021
Wynn Resorts Founder Steve Wynn Faces Now Legal Trouble with the Department of Justice
After accusations of sexual misconduct surfaced against Steve Wynn, the founder and former head of Wynn Resorts stepped down from the company. He repeatedly asserted that he hadn’t done anything wrong, despite a number of individuals stepping forward to allegedly confirm his deviant behavior. That was a couple of years ago and Wynn has still […]
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 […]
Poker
April 28, 2021
Wynn to Host the Wynn Millions $10M GTD Poker Event in Summer
The poker summer in Las Vegas will be busy as Wynn Resorts is hosting the Wynn Millions $10,000 buy-in event, part of its $16 million Signature Series. Multi-Million Poker Events Back on the Strip Wynn Millions will feature a $10,000 buy-in event to fill up for the vacuum left by the WSOP Main Event, which has been pushed back […]