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Wynn Resorts News
Wynn shares finish slightly lower as analysts adjust expectations
19 Jul 2012
The Las Vegas-based company posted second quarter net income of $138.1 million, or $1.37 a share, for the second quarter on revenue of $1.25 billion. Analysts expected earnings of $1.54 a share on revenue of $1.36 billion.
Wynn Resorts earnings hit by slumps in Las Vegas, Macau
18 Jul 2012
Revenue was $1.25 billion, a decline from the $1.36 billion the company reported in the same period last year.
Wynn Resorts reports second quarter results for 2012
18 Jul 2012
Wynn Resorts saw 7.1% decrease in revenues from Macau Operations and 11.6% decline in Las Vegas revenues for Q2.
Ex-Wynn partner Okada must come to U.S.
29 Jun 2012
Backing a request by Wynn attorneys, Clark County District Court Judge Elizabeth Gonzalez said Kazuo Okada must appear for a deposition in Las Vegas rather than have Wynn's legal team travel to his Hong Kong headquarters at their expense, the course promoted by Okada.
Wynn Resorts says Okada "recycles" allegations
18 Jun 2012
Okada's decision to file a new claim Thursday against Wynn Resorts was the latest development in the ongoing legal battle between Okada and his former business partner and chairman of Wynn Resorts, Steve Wynn.
Universal Entertainment seeks court order to halt Steve Wynn's "Power Play' at Wynn Resorts Limited
15 Jun 2012
Universal Entertainment Corp. asked a judge today to immediately restore Aruze USA’s rights as the largest shareholder of Wynn Resorts.
Steve Wynn invests $15 million in Pie Face
14 Jun 2012
Wynn acquired 43 percent of the issued and outstanding shares of Pie Face USA's common stock in a private placement.
Macau approves $3 billion Wynn Cotai resort
2 May 2012
Wynn Macau Ltd. said the government of the Chinese gambling hub has published formal approval of the land concession contract, paving the way for construction to start.
Report: Wynn Cotai deal sealed
20 Apr 2012
Wynn Resorts shares rise on news of possible land contract for Cotai resort.
March mixed for gaming stocks
2 Apr 2012
Stock prices for one of the Las Vegas Strip's largest operators saw a small decline while two Vegas operators doing well in Asia saw increases.
Steve Wynn dropped from Barron's list
27 Mar 2012
International business publication Barron's has dropped Steve Wynn from annual list of the world's top 30 corporate CEOs.
Gaming industry staying away from Las Vegas Strip
13 Mar 2012
The industry is focusing on nongaming attractions instead of resort expansion along the Strip for the rest of the decade.
Soap opera surrounds Wynn Resorts
27 Feb 2012
Japanese businessman Kazuo Okada saw his nearly 20 percent stake in Wynn Resorts reduced to zero in a matter of hours on Feb. 17.
Wynn Resorts buys out Japanese board member
20 Feb 2012
Wynn Resorts will pay Kazuo Okada, a former close business associate of Steve Wynn, $1.9 billion over 10 years for his 20 percent stake in the gaming company.
Florida casino supporters vow to continue fight
20 Feb 2012
Supporters of legislation that could land three casinos in South Florida weren't overly disappointed when state lawmakers canceled a planned vote on the controversial bill.
SEC wants Wynn Macau University donation details
13 Feb 2012
SEC conducting an informal inquiry into Wynn's University of Macau donation.
Wynn asked to calm down on marketing campaign
21 Dec 2011
Wynn Resorts asked to tone down phone survey hustling for opinions on proposed casino over holiday season.
Market surge boosts gaming stocks
2 Dec 2011
Wednesday's 490-point surge by the Dow Jones industrial average gave the stock prices of several publicly traded casino operators and slot machine manufacturers a lift.
Moody's bullish on Vegas gaming companies
18 Nov 2011
Moody's Investors Service upgraded its opinion of MGM Resorts International, Las Vegas Sands and Wynn Resorts.
Macau helps boost Wynn earnings
20 Oct 2011
A 41.7 percent increase in revenues at Wynn Macau helped return Wynn Resorts to profitability in the third quarter.
Wynn Las Vegas revamps Red Card program
21 Sep 2011
Guests will be able to earn points, free credit and comps faster than before and redeem for services and amenities with the new card.
Wynn Las Vegas nightclub to close Saturday
9 Sep 2011
Wynn Las Vegas and Las Vegas Nightlife Group announced the boutique nightclub will close Saturday.
Wynn Macau turns five-years-old
7 Sep 2011
Wynn Macau opened on Sept. 6, 2006 and the luxury resort has thrived in the booming Macau gaming market.
Macau casino revenues top $3 billion in August
2 Sep 2011
Macau's 34 casinos shattered single-month gaming revenue figures in August, collecting $3.09 billion from gamblers.
Wynn sets sights on Singapore
1 Aug 2011
Casino giant Steve Wynn said he's interested in expanding to Singapore, but comments he made back in 2005 might come back to bite him.
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