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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 […]
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
November 3, 2021
WynnBET Gains Access in West Virginia with Delaware North
WynnBET has secured another important market access and entry deal, this time in West Virginia. The iGaming and sports betting arm for the luxury hospitality company Wynn Resorts have successfully struck a multi-year collaboration with Delaware North, opening up access to the West Virginia market where the brand will run a dedicated casino and online […]
Sports
October 5, 2021
WynnBET Taps Churchill Downs Online Guru Ian Williams as COO
WynnBET has appointed Ian Williams, an iGaming veteran with over 20 years of experience under his belt, as the company’s new chief operating officer (COO). Williams will be responsible for WynnBET’s extensive operations across numerous verticals as well as the brand’s trading, marketing, payments, customer service, and data science teams, and he will report to Wynn […]
Business
September 15, 2021
WynnBET Signs with New York Jets, Becomes Partner for Green Room
The New York Jets bring WynnBET to their home field, MetLife Stadium, to improve the sportsbook experience and introduce numerous hospitality options. WynnBET to Bring Sportsbook Experience to Jets’ Arena WynnBET has revealed a new partnership with the New York Jets, becoming the official sports betting partner for the franchise. As part of this multi-year agreement, WynnBET […]
Business
September 8, 2021
Genius Sports to Drive Fan Engagement for WynnBET, Deliver NFL Data
Genius Sports has extended an existing supplier agreement with WynnBET, which will now feature official NFL sportsbook data, content and fan engagement options. Genius Sports builds on its existing relationship with WynnBET, which already features various sports data and odds from important competitions, including English Premier League, Liga MX, Argentine and Colombian Soccer, the companies specify in […]