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Business
March 26, 2025
Tilman Fertitta Boosts Wynn Shareholding to Over 10%
Billionaire Tilman Fertitta has further increased his stake in Wynn Resorts, consistent with an earlier announcement. In February, Wynn confirmed that Fertitta intends to bolster his shareholding by May 13. Fertitta Can Play a Role in Wynn’s Decision-Making On Tuesday, Fertitta acted on his plan, purchasing the extra shares he was interested in. According to […]
Business
March 24, 2025
Wynn Resorts CEO: UAE Expansion, “Substantial Market Opportunity”
Last November, despite its less-than-ideal Q3 earnings report, NASDAQ-listed Wynn Resorts announced it would double down on its bold expansion plan aimed at the United Arab Emirates (UAE), specifically through its Al Marjan Island project in Ras Al Khaimah. Then, chief executive officer Craig Billings expressed optimism regarding the project set to launch in 2027. […]
Casino
March 4, 2025
Small Businesses Speak Out Against Wynn Hudson Yards Casino
The proposed $12 billion casino and resort project by Wynn Resorts and Related Companies at Hudson Yards continues to spark heated debate in New York City. While the developers claim the venue will bring substantial economic opportunities, small business owners remain apprehensive, fearing that the massive casino will impact their livelihoods and dramatically change the […]
Casino
February 28, 2025
Zero Bond to Open New Venue at Wynn Las Vegas
Popular members club Zero Bond has partnered with Wynn Resorts to bring an exclusive experience to the Last Vegas Strip. Zero Bond to Open Branch in Las Vegas Zero Bond is one of the most famous VIP clubs in the world, its New York establishment often being frequented by the likes of Taylor Swift, Elon […]
Casino
February 28, 2025
Wynn UAE Resort Could Host an Extra Private Casino Space
Late last year, Wynn Resorts, the leading gaming, hospitality and entertainment company, made history after securing the first commercial gaming license in the United Arab Emirates (UAE) for its Wynn Al Marjan resort. While initially, the company confirmed that the resort would be the home of one casino, an executive suggested that there may be […]
Business
February 26, 2025
Fertitta Raises Stake in Wynn to Over 10%, Becomes Business Insider
Wynn Resorts has submitted a Securities and Exchange Commission Form 3, confirming that billionaire Tilman Fertitta has increased his stake in the company to over 10%. As a result, he is now considered a “business insider” for the casino & hospitality giant. The Billionaire Became a Business Insider Tilman Fertitta is no stranger to the […]
Casino
February 7, 2025
Wynn Resorts $2.4B Loan to Make UAE Casino Resort Project Reality
The Wynn Al Marjan Island is coming. The soon-to-be-renowned Las Vegas-style casino resort, and the first of its kind in the Middle East, will be moving forward as the company behind the project, Wynn Resorts, has been able to secure the $2.4 billion it needs to kickstart things. Wynn Gets $2.4B to Push Forward with […]
Business
January 21, 2025
Golden Entertainment, Wynn Resorts Tipped for Success, Says Analyst
An expert analyst recently highlighted a number of stock picks for the year, mentioning several companies within the gambling sector. Fox Can Enter the Gambling Vertical Through Share Purchase in FanDuel That’s the opinion of Mario Gabelli, Gabelli Funds’ CEO and chairman, who participated in Barron’s “Roundtable,” along with five other experts. Those professionals shared […]
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 […]
