Legal
May 10, 2024
Judge Rules against Wynn’s Injunction Plea in Fontainebleau Lawsuit
A few months have passed since Wynn Las Vegas filed a lawsuit against Fontainebleau Las Vegas. In its lawsuit, Wynn alleged that its competitor poached senior-level employees by offering them incentives, including higher pay and asking them to leave their positions, effectively breaching their non-compete clauses. Last month, Wynn filed a preliminary injunction plea, asking […]
Industry
May 8, 2024
Wynn Releases New Concept Art of Its New Al Marjan Island Resort
Leading casino operator Wynn Resorts has unveiled new images of its highly anticipated luxury resort, Wynn Al Marjan Island, currently under construction in Ras Al Khaimah, United Arab Emirates. Set to be the company’s first beachfront resort, Wynn Al Marjan Island is poised to become a landmark destination in the Middle East North Africa (MENA) […]
Legal
April 23, 2024
Fontainebleau Objects to Wynn’s Injunction Plea in Poaching Lawsuit
The legal battle between two leading gaming operators in Las Vegas, Fontainebleau Las Vegas and Wynn Las Vegas (WLV), started late in February. At the time, Wynn filed a lawsuit, claiming that Fontainebleau poached its senior-level employees, offering them different employment incentives and encouraging them to leave their positions with the company. In the latest […]
Industry
April 12, 2024
Wynn’s Hudson Yards Office-Casino Proposal Faces Community Board Opposition
In September 2022, Wynn Resorts and Related Companies joined forces in an effort to pursue a casino license in New York. The duo selected Western Yards at Hudson Yards for the site of the ambitious project. New York is expected to award a total of three new downstate casino licenses so the interest in the […]
Casino
April 9, 2024
Wynn Resorts Escalates Legal Battle Against Fontainebleau
Wynn Las Vegas has taken legal action against Fontainebleau, requesting a Clark County District Court judge to intervene and halt what they claim is the ongoing poaching of their executives by the rival resort. Wynn’s Legal Filing Claims Fontainebleau Tempts Executives with Salary Boosts In a recent court filing, Wynn attorneys outlined allegations that Fontainebleau […]
Industry
March 25, 2024
Wynn Resorts’ Lawsuit against Fontainebleau Intensifies
Despite the existing non-compete clauses, effectively restricting employees from one gambling operator to engage in employment with another, competition in the sector is fierce. Such policies affect a number of important employees and breaches may result in legal action. A few years ago, Wynn filed a lawsuit after losing a high-ranking employee to Fontainebleau. While […]
Casino
March 15, 2024
Wynn Resorts Discloses Further Details on $12bn Casino Plan
The Nevada-based, publicly traded corporation that develops and operates high-end hotels and casinos, Wynn Resorts, has offered additional details of its bold plans for a $12 billion skyscraper casino resort in New York City. Wynn Resorts has recently released the renderings of the upcoming complex that will be located at Hudson Yards. 5.6-Acre Recreational Area […]
Business
March 13, 2024
Entain Strengthens Board with Former Wynn Resorts President
Entain, the global sports betting and gaming conglomerate, has appointed Ronald J. Kramer, former president of Wynn Resorts, to its board of directors as an Independent non-executive director. Kramer’s extensive experience in the gaming industry, coupled with his corporate finance background, is expected to fortify Entain’s position in the US market. Kramer’s Arrival and Share […]
Industry
March 12, 2024
Wynn Resorts CEO Joins Online Gambling Expansion Debate
Over the last decade, online gambling has been expanding across the globe. In the last five years alone, pushed by the pandemic in early 2020, iGaming activities surged in a number of markets. The temporary closures of brick-and-mortar casinos led many gamblers to the online space. And while some returned, others chose the comfort of […]
Legal
March 4, 2024
Fontainebleau Faces Wynn Lawsuit over Alleged Employee Poaching
Rivalry within the gambling industry is fierce, which is one of the main reasons why many leading gambling operators include non-compete clauses in their contracts with senior-level employees. A non-compete clause effectively restricts the employee from being employed with a rival company. Such clauses can be applicable for different durations with one year being a […]