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Wall Street Bets: Wynn and Light & Wonder earnings, New York OSB, Churchill Downs’ Virginia projects
November 13, 2023 - Wynn Resorts Wynn Resorts’s third-quarter results were looked on mostly favorably by Wall Street analysts. Jefferies equity analyst David Katz Nov. 10 wrote, “The solid performance in Las Vegas... Read more »
Resorts World boss fights subpoena in high-roller bankruptcy litigation
February 2, 2022 - Resorts World Las Vegas president Scott Sibella is fighting a recent subpoena in the messy multimillion-dollar bankruptcy litigation of controversial Strip high roller Brandon Sattler. In a response filed Jan.... Read more »
Wynn Resorts’ CEO Matt Maddox resigns effective Jan. 31
November 10, 2021 - Wynn Resorts’ Chief Executive Officer announced Tuesday he’s leaving the company effective Jan. 31 and will be replaced by Wynn’s president and Chief Financial Officer Craig Billings on Feb. 1.... Read more »
Wynn’s name set to re-emerge after $50M hospital donation
March 24, 2021 - Scandalized former casino mogul Steve Wynn has found a place where they welcome his name on a building. It didn’t come cheap. Wynn has announced he’s donating $50 million toward... Read more »
Nevada gaming authorities rule they have jurisdiction over ex-casino executive Steve Wynn
December 20, 2019 - A court will ultimately decide if the Nevada Gaming Commission has the authority and jurisdiction to rule on the suitability of former casino executive Steve Wynn. An attorney for Wynn... Read more »
Will Wynn Resorts stockholder suit generate more than damaging headlines?
June 8, 2019 - Whenever I write about Wynn Resorts these days, I always wind up sounding like the voice-over for the commercial for “Jaws 2.” You remember that one. It was like the... Read more »
Ex-chairman now ‘stars’ in WSJ ad as Wynn Resorts moves forward
May 14, 2019 - Just when you think it’s safe not to think about all the ugliness that emanated from Wynn Resorts, a check of Twitter brings it all back. “Discover how the king... Read more »
With Mass. Gaming Commission hearing, is Wynn Resorts’ nightmare finally moving toward closure?
April 2, 2019 - It isn’t Watergate, but I am reminded of the words of accidental President Gerald Ford whenever I’m forced to think about the gaming industry’s long nightmare at Wynn Resorts. At... Read more »
Maddox: Wynn Resorts has transitioned into a ‘growth trajectory’ position
January 31, 2019 - A year-long transition at Wynn Resorts following the downfall of Steve Wynn “is over,” CEO Matt Maddox proclaimed Wednesday, telling the investment community the casino operator is now on a... Read more »
Wynn trademark infringement lawsuit against Resorts World Las Vegas seems overblown
January 2, 2019 - For a nanosecond the other day, I thought Steve Wynn had returned to the helm of Wynn Resorts. How else can you explain the federal lawsuit the company filed just... Read more »