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Gambling News - 'Wynn'
Legal
January 13, 2025
Trial Date Set for Wrongful Death, Negligence Lawsuit Against Wynn
Late in 2023, the family of a woman who collapsed at a slot and died while at Wynn Las Vegas filed a lawsuit against the hospitality and gaming company. The legal claim was filed with the Clark County District Court with family members alleging wrongful death and negligence, among other issues. Now, the lawsuit filed […]
Casino
January 9, 2025
Wynn’s Hudson Yards Casino Faces Fierce Opposition from Local Communities
In a major setback to Wynn’s plans for a $12 billion casino complex in Manhattan’s Hudson Yards, Community Board 4 voted unanimously against a zoning change required for the project to go ahead. The joint-venture proposal by Related Companies and Wynn Resorts has drawn sharp criticism from residents and advocacy groups, who argue the development […]
Business
December 31, 2024
Macau Concessionaires Unveil Bonuses for Employees
Several operators in Macau have unveiled special discretionary bonuses for most of their staff. As of the time of this writing, most of the concessionaires have announced similar bonuses, affecting thousands of workers. Wynn Thanked Its Employees for Their Incredible Contributions Among others, Wynn Macau unveiled a bonus equivalent to one month’s salary for the […]
Business
December 30, 2024
Congressman Bid on Wynn Before Fertitta’s Stake Was Announced
Texas Rep. Dan Crenshaw had invested in gambling giant Wynn Resorts before Tilman Fertitta’s initial stake became public. As reported by casino.org, Crenshaw made his purchases several days after Fertitta’s stake and several days before the latter was made public. Crenshaw Bought Shares Shortly After Fertitta According to the report, Crenshaw spent between $1,001 and […]
Business
December 11, 2024
Wynn Boosts Investor Relations Team with New VP & SVP
Casino and hospitality juggernaut Wynn Resorts has expanded its investor relations team with two new appointments. The new hires will be tasked with overseeing the company’s investor relations strategy as Wynn seeks to further grow its business. Wynn Enhances Its IR Team with New Appointments The two additions to Wynn’s IR team are Price Karr […]
Business
November 22, 2024
Wynn Shares Al Marjan Casino Update, Says Building Is 55% Complete
Wynn Resorts announced that the construction of its Al Marjan Island casino resort is progressing well, moving the company closer to realizing its UAE casino ambitions. The company hopes to complete the overall property by December 2025. The Construction Is Progressing Well According to Wynn’s announcement, 55% of the structural concrete is now complete. The […]
Casino
November 22, 2024
Opposition to Wynn NY Casino Grows as 5,000 Join “Protect the High Line”
As the awarding of the downstate New York casino licenses draws near, the competition between casino operators intensifies. Unfortunately for them, not everyone is on board with their casino projects. The War for New York Rages On Wynn Resorts continues to face trouble in New York where locals have strongly opposed its plans for a […]
Legal
November 22, 2024
Wynn Las Vegas Files Motion Against Cocktail Server’s Compensation
Wynn Las Vegas is reportedly looking into reducing the compensation a court jury awarded a former cocktail server who alleged her rights under the Family and Medical Leave Act (FMLA) were breached. Legal Battle over $321K Compensation Continues Late last month, a jury decision with a US District Court jury ruled in favor of compensation […]
Business
November 18, 2024
Fertitta’s Wynn Investment Viewed by Analysts as Confidence Not a Takeover
Billionaire Tilman Fertitta from Houston, who has made smart investments in hotels and entertainment now owns almost 10% of Wynn Resorts. He bought a lot more shares making him the biggest individual owner of the casino company with a stake even bigger than that of Elaine Wynn. Experts Caution Against Jumping to Conclusions About Fertitta’s […]
Business
November 15, 2024
Tilman Fertitta Bolsters His Influence Within Wynn Resorts
Billionaire entrepreneur Tilman Fertitta, known for his ventures in hospitality and gaming, has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the US Securities and Exchange Commission (SEC). The filing currently designates Fertitta’s position as “passive,” but industry insiders have reportedly hinted that the Houston billionaire may soon push […]