Search Results
Wynn Resorts sees impressive results in Vegas and Macau pushing 4Q23 revenue
Wynn Resorts saw a massive fourth quarter, with operating revenues rising to $1.84 billion, while net income surged to $729.2 million, as Wynn Palace delivered strong results.
Wynn Resorts granted BB- rating for the first time: Fitch Ratings
Fitch Ratings has assigned a first-time 'BB-' Issuer Default Rating (IDR) to the Wynn Resorts group, together with a 'stable' outlook.
Likely duopoly or oligopoly for the UAE: Wynn Resorts
In its latest investment note, Deutsche Bank points out that Wynn Resorts' management believes the gaming operator will be the first to market in the UAE for a few years. They note that it's highly unlikely for every Emirate to have an integrated resort, citing reasons ranging from cultural nuances to population density and visitation.
Your Daily Asia Gaming eBrief: UAE casino to unlock gateway for Wynn Resorts
Wynn's foray into the UAE could be opening the gateway for a casino flourish in the desert, with expectations that the property could generate similar EBITDA to Wynn's Cotai strip property, says an analyst.
Wynn Resorts stock deemed ‘too risky’ compared to alternatives: analyst
Wynn Resorts stock is currently being deemed ‘too risky’ compared to other alternatives, according to an analyst, as the group’s financial results improved compared to 2022 but did not yet return to pre-COVID levels.
Wynn Resorts reaches settlement in sexual harassment lawsuit
Wynn Resorts has reached a settlement with nine women who accused the gaming group's former CEO, Steve Wynn, of sexual harassment.
Wynn Resorts appoints Paul Liu as board member
Wynn Resorts has appointed Paul Liu as a member of the Company’s Board of Directors, praising his experience in developing VIP guest experiences for the...
Wynn Resorts inks $1.5 bln Bank of China Macau loan
Gaming group Wynn Resorts has entered into an agreement with Bank of China Macau involving a loan of some $1.5 billion.
According to a company...
Wynn Resorts extends contracts for CEO and CFO, ups salaries
Wynn Resorts has announced extensions to the contracts of its CEO and CFO, as well as salary increases for each.
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”.