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Wynn Resorts News
Wynn Resorts sees major jump in profits
19 Jul 2011
Wynn Resorts reported double-digit increases in revenues across the board that helped the company more than double its second-quarter profit.
Wynn, Adelson smooth over contentious relationship
21 Jun 2011
Steve Wynn and Sheldon Adelson have buried their animosity after years of open antagonism as the two casino giants have publicly complemented each other.
Gaming stocks show modest increases in May
1 Jun 2011
Financial consultant Applied Analysis said the gaming industry seems to be rebounding from the nearly two-year-long recession.
Hong Kong IPO looks promising for MGM
16 May 2011
A long-awaited stock offering by MGM Resorts International on the Hong Kong Stock Exchange is close to fruition, and it turns out the nearly 18-month wait could be profitable.
Steve Wynn discusses online poker and Macau
2 May 2011
Despite a setback with the collapse of a "strategic relationship" with PokerStars, Wynn Resorts Chairman Steve Wynn remains focused on breaking ground on his long-awaited $2.5 billion project on the Cotai Strip in Macau.
Top-10 things to watch for in the online poker industry
18 Apr 2011
After digesting the news of the indictment of the owners of PokerStars, Full Tilt Poker and Absolute Poker for bank fraud, money laundering and illegal gambling, over the weekend, the editorial staff at Casino City takes a look at what's down the road for the online poker industry.
DOJ indicts founders of three major U.S. online poker operators
15 Apr 2011
The Department of Justice has indicted the founders of PokerStars, Full Tilt Poker and Absolute Poker on charges of bank fraud, money laundering, illegal gambling offenses and violating the Unlawful Internet Gambling Enforcement Act.
Steve Wynn earned $14.6 million in 2010
15 Apr 2011
Wynn Resorts Chairman and CEO Steve Wynn earned more than $14 million in 2010 from a compensation package.
Pinnacle Entertainment re-launches loyalty program
12 Apr 2011
Pinnacle Entertainment's "mychoice" guest loyalty program is a cross-marketing agreement with Wynn Resorts gives guests the opportunity to earn fantastic luxury benefits.
Revenues up at Wynn Resorts
7 Apr 2011
Las Vegas revenues for the first quarter were estimated at $349.7 million, up from $331.8 million.
Full Tilt reaches agreement with Fertitta Interactive
1 Apr 2011
Full Tilt Poker has struck a partnership with the company that co-owned by the family that founded Station Casinos to operate an online poker website if the activity gains federal approval.
Top-10 things that make you go "hmmmm" after the PokerStars/Wynn partnership
28 Mar 2011
When news broke late last week that Wynn Resorts and PokerStars reached a deal, Casino City's Vin Narayanan's response was "hmmmm."
Who holds the cards in the online poker legalization debate?
28 Mar 2011
Supporters of a bill that would legalize online poker in Nevada claim such an action would have a $1.8 billion impact. However, the state's largest casino operators want Nevada to wait for the federal government to legalize Internet poker. Included in that group is Wynn Resorts, who just announced a partnership with PokerStars.
Press Release: Wynn Resorts announces relationship with PokerStars
25 Mar 2011
Wynn Resorts has reached an agreement with PokerStars to lobby for legalized online poker in the United States.
PokerStars, Wynn Resorts reach partnership
25 Mar 2011
PokerStars has reached an agreement with Wynn Resorts to attempt to secure legalized online poker in the U.S. Should such legislation be passed, the two companies will operate a regulated, U.S. online poker site called PokerStarsWynn.com.
Southern Nevada the home of plenty of billionaires
11 Mar 2011
Forbes magazine released its list of the world's billionaires Wednesday, and 16 of those billionaires live or do business in Las Vegas.
February a mixed bag for gaming stocks
1 Mar 2011
Four out of the 10 publically traded casino companies and slot manufacturers charted by Applied Analysis say increases in their daily stock price.
Wynn Resorts reports better-than-expected profits
11 Feb 2011
Wynn Resorts attributed the increase in profits to improving business conditions in Las Vegas and growth in Macau.
Gaming stocks rebound in 2010
3 Jan 2011
Stock prices for casino operators and slot machine manufacturers rebounded in 2010 following a disastrous 2009.
Wynn Resorts signs deal with dealers' union
12 Nov 2010
Wynn Resorts has signed an agreement with the Transport Workers Union that covers dealers at the Wynn Las Vegas for the next 10 years.
Gaming stocks rise in October
1 Nov 2010
Nine of 10 publicly traded casino operators and slot machine manufacturers saw their average daily stock prices increase during October.
Wynn Resorts to make more shares public
25 Oct 2010
Wynn Resorts filed documentation with federal regulators to sell an unspecified number of shares in the casino operator.
Wynn softens stance on iGaming
11 Oct 2010
According to The New York Times, Wynn Resorts changed its stance on online gambling from "never" to a softer "we'll see."
Shares rise after Macau gambling revenue increases
4 Oct 2010
Casino owners see shares rise, as revenue increases in Macau.
Gaming stocks see gains in September
4 Oct 2010
Eight of 10 publicly traded casino operators and slot machine manufacturers experienced increases in their average daily stock prices.
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