Wynn Resorts confirms Craig Billings CEO appointment to take effect from Feb. 1, 2022
Wynn Resorts has confirmed that Craig Billings will take up his position as CEO and executive director from Feb. 1st next year, taking over from Matt Maddox.
Wynn president Billings to focus on interactive arm
Wynn Resorts President Craig Billings is reducing his role at the operator in order to focus on its growing interactive arm. Billings will remain as...
Wynn Resorts expecting UAE resort to generate up to $600 million in EBITDA
Wynn Resorts’ CEO, Craig Billings, says that the group is expecting its anticipated resort in the UAE, Wynn Al Marjan Island, to generate “between $450 million and $600 million of steady-state EBITDA”.
Industry leaders to present keynotes at G2E Las Vegas
Wynn Resorts’ Craig Billings, FanDuel’s Amy Howe, Bally’s Corporation Soo Kim, DraftKings’ Jason Robins, Circa Resort and Casino’s Derek Stevens, and PENN Entertainment’s Jay Snowden are among the keynotes at G2E Las Vegas 2022.
US-listed operators expect Macau’s swift recovery – post lockdown
MGM Resorts CEO Bill Hornbuckle, Wynn Resorts CEO Craig Billings and Sands Chairman and CEO Robert Goldstein unanimously argued that the Macau will quickly recover once the latest lockdown comes to an end.
Wynn Resorts says RAK gaming regulations are “well advanced”
Felix Ng -
Wynn Resorts CEO Craig Billings said he does not expect a multi-year process for the legalization of land-based gaming in Ras Al Khaimah, with regulations already “well advanced” having been modeled on Singapore and the United States.
Wynn Resorts CEO Matt Maddox to step down in 2022
Felix Ng -
Wynn Resorts CEO Matt Maddox is stepping down from the company as of January 31 and will be replaced by Wynn Interactive CEO Craig Billings.
Wynn says direct VIP business could exceed previous levels, strong Golden Week figures
Wynn Resorts’ CEO says that its Macau VIP direct business has been “generally unaffected by the legal changes that happened” and that “there’s really no legal or structural impediments” for the group to return to its previous levels or even “exceeding” them.
Wynn’s Macau operations shine in 1Q23, $47mln in profit, $155.8mln in EBITDAR
Wynn Macau has reported solid first quarter results, with the company registering a profit of $47.13 million during the three-month period, a complete about-face from the $98.26 million loss recorded in the same period of 2022. The group also recorded adjusted property EBITDAR of $155.8 million.
Wynn unveils design for UAE IR: Wynn Al Marjan Island, opening in ‘early 2027’
Wynn Resorts has revealed the ‘design vision’ for its planned integrated resort in the United Arab Emirates sheikdom of Ras al-Khaimah. Named the Wynn Al Marjan Island, the resort is being developed with local partners Marjan LLC and RAK Hospitality Holding LLC.