Thursday, May 26, 2022

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U.S. Justice Department sues Steve Wynn, compels him to register as an agent of China

Steve Wynn, the founder and former CEO of Wynn Resorts has been sued by the U.S. Justice Department, and has been compelled to register as an agent of China for actions he allegedly took during the Trump administration.

Two charged for offering former Wynn Macau director HK$1.5m in bribes in aircon case

Two men have been charged for attempting to bribe a former Wynn Macau director to win air conditioning maintenance contracts worth HK$22 million ($2.8 million).

Wynn Macau Q1 results fall on subdued visitation

Wynn Resorts’ Macau operations continue to be impacted by Covid-19 related travel restrictions and conditions, with operating revenues and EBITDA falling year-on-year. 

Wynn Resorts to revamp Macau VIP rooms, develop land parcels

Wynn Resorts has revealed plans to revamp its former VIP rooms at its two Macau properties, whilst revealing that its holding three undeveloped land parcels to “expand our business considerably” in Macau.

HKS Architects appointed to develop Wynn’s UAE project

HKS Architects have been appointed to develop the concept and design of a planned multi-billion dollar project from Wynn Resorts in the United Arab Emirates.

Wynn board recognized by Fortune Magazine as “most innovative”

Wynn Resorts has been recognized by Fortune Magazine as having of the top 25 “most innovative boards of directors” among S&P 500 companies. 

Wynn says remaining Dore-linked cases “without merit and unfounded”

Wynn Macau said it has paid out HK$9.3 million to an individual as a result of a court ruling in a theft case involving junket operator Dore Entertainment, but that it believes remaining cases against the company are “without merit and unfounded.” 

Wynn Resorts affirms the appointment of Julie Cameron-Doe on April 18

Wynn Resorts has affirmed the appointment of former Aristocrat finance boss Julie Cameron-Doe as chief financial officer of the company, effective April 18, 2022.

Wynn Macau/Melco apply to extend concession contract to December, to pay $5.8m

Wynn Macau has confirmed it had submitted its request for an extension of its gaming concession contract earlier in March, which has come at a cost of MOP 47 million.

Wynn’s Wing Lei Palace named four fourth year in Asia’s top 50 restaurants

Wynn Macau's Wing Lei Palace, the Cantonese restaurant at Wynn Palace is once again the only restaurant in Macau to rank on the Asia's 50 Best Restaurants list. Golden Flower at Wynn Macau also made its debut on the Asia’s 50 Best Restaurants 51-100 list.