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Legal
April 26, 2023
Wynn Las Vegas’ Tipping Policy Draws New Legal Trouble
According to plaintiff Sheila Little, tip sharing violated labor laws, depriving some employees of their lawfully earned income. The lawsuit marks the second time Wynn Vegas got in hot water over its tipping policies. Given the previous precedent, the operator may need to seek a settlement and adjust its compensation policies. Little Seeks Over $15,000 […]
Industry
April 12, 2023
White Hat Gaming and mkodo Join Forces to Power the New WynnBet Sportsbook App
White Hat and mkodo already maintain an existing and fruitful partnership, significantly bolstering their ability to coordinate on the new project. As part of White Hat’s PAM agreement with WynnBet, the supplier appointed mkodo as the app’s official front-end developer. The two companies’ leadership teams lauded the new partnership opportunity, hoping to extend their cooperation […]
Casino
April 3, 2023
Deutsche Bank Upbeat about Wynn Prospects
Deutsche Bank analyst Carlo Santarelli has defied expectations for the casino resorts sector, posting an upbeat outlook for Wynn Resorts. According to Santarelli, Wynn’s shares will soar. Wynn Resorts Is Gathering Financial Momentum He bases this outlook on several main factors that are going to drive an upsurge in the company’s stock over the next […]
Casino
March 22, 2023
Wynn Resorts Designates ALEC as Wynn Marjan Contractor
Wynn Resorts has taken another step toward its goal to recreate the Las Vegas Strip in the United Arab Emirates. The global gambling operator has announced that the main contractor for the construction of the unprecedented Marjan Island property is ALEC Engineering and Contracting. The contractor, a part of the Investment Corporation of Dubai, was […]
Casino
March 6, 2023
Wynn Resorts Wants to Build “Las Vegas Strip” in the UAE
The Al-Marjan island which will be hosting the upcoming casino resort which may not be the only property in the vicinity, as Wynn seeks to evoke a Las Vegas vibe to the future venture. Wynn Resorts Confident in the Success of “Vegas Strip” in UAE According to company filings, Wynn Resorts has already registered “Arabian […]
Casino
February 10, 2023
Massachusetts Approves Encore Boston Harbor Expansion
Wynn Resorts – Encore’s operator – received MGC’s blessing to construct a new building right across the street from its current integrated casino. The new plans include a variety of fresh offers, including sports betting, thanks to Massachusetts legalizing it recently. Expansion Plans Get Green Light The MGC approved the expansion on Wednesday after a […]
Business
February 9, 2023
Wynn Resorts Posts Strong Performance and Results for Q4 22
On Wednesday, the company posted its preliminary 2022 results, showing that its operating revenues for the year ended December 31, 2022, hit $3.76 billion, marking a flat result when compared to the corresponding period a year ago. Adjusted property EBITDAR for 2022 hit $725.4 million, marking an increase when compared to the $596.4 million result […]
Casino
January 18, 2023
Wynn Resorts Implements New Wellbeing Program
This new commitment is captured by the company’s signature Wynn Living Well program which has been carefully tailored to meet current customer needs and improve on their overall experience. Wynn Resorts Is All About the Healthy Lifestyle Wynn Resorts COO for North America, Brian Gullbrants, said that the property and the company were striving to […]
Business
January 3, 2023
Wynn Macau Employees to Benefit from Special Allowance
A statement released by the company reveals that the special allowance will be paid to 98% of its current workforce which is 11,600 employees. Wynn Palace and Wynn Macau Employees to Receive Special Allowance on January 16 Wynn Macau explained that the special allowance will be “equivalent to one month’s gross salary.” The payment itself […]
Casino
January 3, 2023
Ellen Whittemore Was Named Non-Executive Director of Wynn Macau
On Friday, December 30, 2022, Wynn Macau, Limited announced in its filing to the Hong Kong Stock Exchange that Ellen F. Whittemore has been named a non-executive director of the gaming operator with effect from January 1, 2023. Matthew O. Maddox stepped down on December 31, 2022, from his position as a non-executive director of […]
