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Fontainebleau’s counterclaim against Wynn Resorts over exec moves got nasty in a hurry
March 24, 2024 - The Fontainebleau court response to Wynnâs lawsuit over the new resort interfering with existing or potential contractual relations by poaching Wynn employees has devolved into a gang fight. âWell, that... Read more »
Fontainebleau Las Vegas files counterclaim against Wynn over executive moves
March 19, 2024 - Fontainebleau officials say the executives who left Wynn to join the Stripâs newest resort did so on their own terms and left because they had grown dissatisfied with the resort.... Read more »
Las Vegas: Does Wynn have a viable case against Fontainbleau?
March 18, 2024 - Are noncompete clauses in gaming executive contracts enforceable? Thatâs a question that could emerge as Wynn Las Vegasâ recent lawsuit against Fontainebleau Las Vegas moves forward. The suit accuses Fontainebleau... Read more »
New Edition residency becomes fastest-ever sellout at Wynn Las Vegas
March 11, 2024 - There was a time when Mike Tyson attending a New Edition show would send shock waves through the crowd. That time was Friday night. It was a rewind for all... Read more »
Wynn CEO calls igaming cannibalization debate ‘reductive’
March 11, 2024 - Wynn Resortsâ CEO Craig Billings this weekend took to LinkedIn to label the debate surrounding the effect of online gambling on brick-and-mortar casinos as âa bit reductive.â While the emergence... Read more »
Wynn Resorts lawsuit accuses Fontainebleau Las Vegas of âunhealthy obsessionâ with resort, poaching employees
March 2, 2024 - Executives of Wynn Las Vegas have long thought Fontainebleau was trying to replicate the Wynn experience, even going so far as to steal some of their top employees. Now, the... Read more »
Analyst: Wynn Resorts a âcompellingâ value
February 27, 2024 - In an investor note released today, J.P. Morgan analyst Joseph Greff hailed Wynn Resorts as âone of the more compelling risk-rewards [scenarios] in our coverage universe.â He wrote that a... Read more »
Caesars acquires Michigan WynnBET casino
February 21, 2024 - Caesars Entertainment has agreed to acquire WynnBETâs igaming operations in Michigan. The move aligns with Wynn Resortsâ decision to exit markets where WynnBET operated and bring the business to a... Read more »
Penn Entertainment acquires Wynnâs New York mobile sports and wagering licenses
February 13, 2024 - Penn Entertainment Tuesday announced an agreement to acquire Wynn Interactive Holdingsâs mobile-sports and wagering licenses in New York for $25 million. The acquisition gives Penn Entertainment market access in the... Read more »
Wall Street Bets: Red Rock Resorts, gambling vote in Alabama, Wynn Resorts
February 12, 2024 - Red Rock Resorts Red Rock Resortsâs 2023 4th quarter results were generally positive, according to analysts. According to J. P. Morgan analysts Joseph Greff in a Feb. 7 statement, the... Read more »