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Business
January 31, 2024
WynnBET Plans to Exit Massachusetts, MGC Says
WynnBET, the online gambling venture of Wynn Resorts, seems to be preparing to exit Massachusetts’ gambling market, a recent announcement by the Massachusetts Gaming Commission (MGC) suggests. As the MGC prepares for tomorrow’s meeting, the authority published its agenda for the event. The second entry under the Legal and Sports Wagering Division section reads that […]
Business
January 31, 2024
Fitch Bumps Wynn Resorts to BB- with Stable Outlook
Wynn Resorts, the global hospitality, entertainment and gaming company, secured a first-time BB- rating from Fitch Ratings, the leading provider of credit ratings, commentary and research for global capital markets. Announcement about the rating and the stable outlook, applicable for the gaming company along with its related companies, came Tuesday. Per the leading credit research […]
Legal
January 31, 2024
Court Greenlights Settlement in Wynn Resorts Sexual Harassment Lawsuit
A sexual harassment lawsuit against Wynn Resorts dating back to 2019 has finally come to an end following a court decision. Back in September, the company confirmed it had come to a settlement for the sexual harassment lawsuit filed by nine anonymous salon workers. On Friday, the final chapter of the legal drama was completed […]
Business
December 25, 2023
Tilman Fertitta Confident in DraftKings, Wynn’s Prospects for 2024
In a recent interview with CNBC’s Brian Sullivan, Tilman Fertitta argued that Golden Nugget is not the only equity that is most likely going to benefit from the momentum in the gaming industry in 2024. He also sees Wynn Resorts and DraftKings as sector companies in a very strong position, not least because of his […]
Poker
December 21, 2023
Calvin Anderson Wins WPT Prime Championship, Takes Home $1.4M
Calvin Anderson, the Las Vegas-based professional poker player, emerged as the winner of the 2023 World Poker Tour (WPT) Prime Championship. The prestigious event took place at Wynn Las Vegas and saw a staggering 10,512 entries that helped generate a prize pool of $10,196,640. This year’s Prime Championship enjoyed much more interest when compared to […]
Casino
December 18, 2023
Wynn Resort Sued by Family of Woman Who Collapsed at Slot and Died
The Wynn Las Vegas patron’s family is now stepping in to demand what they insist is justice. In their allegations, the family of Billie Sakkab, 74, insists that there was a lack of proper intervention on behalf of the casino. A lawsuit has been filed with the Clark County District Court, with the family represented […]
Casino
November 10, 2023
Wynn Resorts Reports Strong Q3 2023 Financials Amid UAE Expansion Plans
Wynn Resorts, a leading global hospitality and entertainment company, announced stellar financial results for the third quarter ended September 30, 2023. CEO Craig Billings Applauds Wynn Resorts’ Q3 Success and Diverse Portfolio Strength The company reported operating revenues of $1.67 billion, marking a significant increase of $782.2 million compared to the same period in 2022. […]
Casino
September 26, 2023
Wynn Macau’s Cancelation of the HallyuPopFest Causes Online Outrage
Casino and hospitality company Wynn Macau was planning to host a spectacular K-pop festival, promising visitors a lot of musical enjoyment. Unfortunately, the event had to be suddenly called off, prompting disgruntlement among fans. The so-called HallyuPopFest Macau 2023 was set to take place on October 21 and October 22 and welcome some of the […]
Legal
September 7, 2023
Wynn Resorts Settles Sexual Harassment Suit with Salon Workers
Wynn Resorts Ltd. has come to a settlement agreement with nine anonymous women who had filed a sexual harassment lawsuit against the company in 2019, reported The Las Vegas Review-Journal. Sexual Harassment Allegations Shook Wynn Resorts The lawsuit, initially brought forward in 2019, saw nine women who worked as salon staff at Wynn Resorts making […]
Casino
August 10, 2023
Wynn Resorts Reports Strong Q2 Performance and Unveils UAE Resort Project
Wynn Resorts, a prominent player in the global hospitality and gaming industry, released its second-quarter financial results, showcasing robust growth in both North America and Macau. Wynn Resorts Reports Strong Revenue Surge and Resilience in Macau Market The company reported operating revenues of $1.60 billion for the second quarter ended June 30, 2023, marking a […]