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Wynn Resorts has no plans for Las Vegas sale-leaseback, details UAE project on Q4 earnings call
February 16, 2022 - As hotel bookings pick up after the omicron-caused slowdown in January, Wynn Resorts told Wall Street analysts Tuesday it has no plans to sell its Las Vegas real estate, though... Read more »
Wynn shakes up Q1 earnings, spins off interactive division through $640M SPAC deal
May 11, 2021 - Las Vegas-based casino operator Wynn Resorts is spinning off its Wynn Interactive division into a separate public company, saying Monday the sports betting and online gaming operation could have an... Read more »
Wynn CEO expresses optimism, touts ‘green shoots’ in describing a return of Strip visitation
February 5, 2021 - Despite a year in which a worldwide pandemic disrupted the company’s casino and tourism business on two continents, Wynn Resorts CEO Matt Maddox says he can now see the proverbial... Read more »
Nevada casino operators hope customers are ‘yearning to get back’ as reopening nears
May 28, 2020 - Nevada casino operators – large, small, and in between – didn’t waste time announcing reopening plans following word late Tuesday that June 4 would officially mark a return to business... Read more »
Paying it forward: Wynn keeps employees on the payroll, CEO sees potential LV reopening by end of May
May 7, 2020 - The decisions Wynn Resorts made in mid-March to deal with the oncoming coronavirus pandemic, including spending $75.7 million to pay its U.S. employees during the nationwide casino shutdown, sent the... Read more »
With investigation behind them, Wynn focuses on Encore Boston Harbor opening, Macau
May 10, 2019 - Wynn Resorts CEO Matt Maddox said Thursday the company was reviewing some of the conditions Massachusetts gaming regulators placed on its license for the $2.6 billion Encore Boston Harbor, but... 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 »
MGM delays opening of $3.45B Cotai project until February
January 26, 2018 - The Macau subsidiary of MGM Resorts International delayed the opening of the $3.45 billion MGM Cotai project Thursday, blaming slowness in the Special Administrative Region’s approval process. The hotel-casino, which... Read more »
Faces of Gaming: Debi Nutton — Everi board member, gaming trailblazer
December 16, 2023 - Debi Nutton is a trailblazing woman in gaming with a talent for stepping out of her comfort zone. During her early days as one of the first women to deal... Read more »
Las Vegas Strip hotel room rates boosted by events and optimism
April 4, 2022 - The return of convention business and the draw of the NFL Draft has boosted midweek hotel room rates on the Strip 200% for the last week of April and 81%... Read more »