Wynn Resorts Finance has launched an offering for $800 million in unsecured notes due in 2033. The proceeds are expected to help cover ‘all or a portion’ of the $130.13 million record fine imposed on the company over unlicensed money transmitting business.

Wynn Resorts has announced that it has reached an agreement with the United States Department of Justice (DOJ) to pay the largest penalty ever by a Nevada gaming company: $130.13 million.

Wynn Resorts has announced the internal appointment of Max Tappeiner to the role of President of Wynn Al Marjan Island, the group’s property currently under development in the United Arab Emirates (UAE).

The UAE’s strategic location and robust population within an 8-hour flight radius give confidence in the success of the future Wynn Al Marjan Island project, says Wynn Resorts CEO Craig Billings.

Wynn Resort’s Macau operations saw some $885.3 million in revenue during the second quarter, with rises from both its Macau peninsula and Cotai property – up by $35.7 million and $79.7 million yearly, respectively.

Deutsche Bank has trimmed Wynn Macau’s 2Q24 forecast due to market share loss to rival Galaxy Entertainment.

Wynn Resorts’ casino in the United Arab Emirate of Ras al-Khaimah could be “really in trouble” if nearby Dubai also chooses to allow gaming in the emirate.

It is all in the premium. Seaport Research highlights that gaining premium mass market share in Macau is critical for Wynn's growth over the next 1-2 years. According to senior analyst Vitaly Umansky, Wynn may increase its market share in 2024 but could lose some in 2025 due to competition from newer properties like Sands and Galaxy.

Gaining premium mass market share in Macau is crucial for Wynn's growth over the next 1-2 years, according to Seaport Research. According to senior analyst Vitaly Umansky, Wynn may increase its market share in 2024 but could lose some in 2025 due to competition from newer properties like Sands and Galaxy.

Macau gaming operator Wynn Macau announced that its board has approved amendments to the company’s existing dividend policy, effective immediately.