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Wynn Resorts News
Big Six Post Record Profits
21 Apr 2006
The "Big Six" gaming operators are starting 2006 with record-breaking profits, up nearly 45 percent from the first quarter 2005.
Wynn Sells Macau Casino Rights to Australia's PBL for $900 Million
5 Apr 2006
International News Brief: Casino operator Wynn Resorts says it has agreed to sell the right to build a casino in Macau to Australian entertainment group Publishing and Broadcasting Limited for 900 million dollars.
Inside Gaming: Harrah's May Spell Expansion C-a-e-s-a-r-s
3 Apr 2006
A selection of news and views from inside the industry this week.
Wall Street Applauds Wynn's Macau Deal
7 Mar 2006
Wall Street gave Wynn Resorts Ltd. its stamp of approval Monday following a weekend announcement that the Las Vegas-based company had sold a subconcession to operate casinos in Macau to a rival gaming developer for $900 million.
Wynn Resorts Sells Subconcession to PBL
6 Mar 2006
Wynn Resorts, Limited reports that Publishing and Broadcasting Limited has signed an agreement to purchase a subconcession from Wynn Resorts in the Macau Special Administrative Region of the People's Republic of China for $900 million.
Gaming Stocks Increase Slightly
1 Mar 2006
Wall Street gave gaming stocks mixed reviews in February, with the Dow Jones U.S.
gambling index closing at 531.99, up just more than 1 percent for the month.
Wynn Focuses on Macau During Call
24 Feb 2006
Wynn Resorts Chairman Steve Wynn was more interested Thursday afternoon in discussing the casino company's prospects in Macau than the gambling operator's fourth-quarter earnings.
Wynn Resorts Reports Results
23 Feb 2006
For 2005, Wynn Resorts reports net revenues were $722.0 million and adjusted net income was $12.8 million, or $0.13 per diluted share.
Wynn: Encore On Schedule
17 Feb 2006
Despite project cancellations and concerns about overbuilding on the Strip, Wynn Resorts Ltd. is proceeding quickly with development of the 2,000-room Encore, the second phase of Wynn Las Vegas.
Casino Firms Bet on Asia
9 Feb 2006
International News Brief: The love of gambling throughout Asia and rising affluence in that part of the world is drawing gaming firms such as MGM Mirage and Wynn Resorts Ltd. who are eager to invest billions of dollars in Asia.
Gaming Industry: Big Six to Post New High
23 Jan 2006
The "Big Six" gaming operators ended 2005 with record-breaking profits nearly double the previous year's, thanks to surging demand for Las Vegas vacations and the two biggest mergers in industry history.
Columnist Jeff Simpson: Why Wynn, Stations are Likely to Pass on Penn
9 Jan 2006
Steve Wynn's Wynn Resorts and Station Casinos are taking a pass on gaming opportunities in Pennsylvania.
Inside Gaming: Bargain Seekers Squeeze High End
19 Dec 2005
A selection of news and views from inside the industry.
Columnist Jeff Simpson: On Why Wynn is Smiling
12 Dec 2005
Steve Wynn is feeling good these days. With good news in Las Vegas and major plans in Macau, Wynn believes his company is poised for even bigger success.
Wynn Departs Singapore Bidding
12 Dec 2005
Wynn Resorts Ltd. has withdrawn from bidding for one of the two proposed gaming-resort sites in Singapore because the Las Vegas-based casino operator cannot devote necessary resources to the project.
Wynn, Who Has an Early Winner, Plans an Encore
6 Dec 2005
Business at Wynn Las Vegas has been so strong that Steve Wynn says he'll begin building his next Las Vegas hotel in the spring.
Wynn Resorts Reports Q3 Results
3 Nov 2005
Wynn Resorts net revenues for Q3 were $251.4 million and adjusted net loss was $1.0 million, or $0.01 per diluted share.
Wynn Bets on Name
13 Oct 2005
ynn Resorts Ltd. Is betting the house it can turn name recognition into a brand identification that will lure guests and keep them coming back.
Wynn Las Vegas Names COO, President
7 Oct 2005
Wynn Resorts, Limited is pleased to announce that Andrew Pascal has been promoted to President and Chief Operating Officer of Wynn Las Vegas.
Steve Wynn's prospects in Singapore, Station Casinos' Plans in Reno and More
3 Oct 2005
Steve Wynn exudes a quiet confidence about his company's chances of landing a highly sought-after license to develop a casino in Singapore.
Wynn Resorts' Cuts Macau Casino Loan
16 Sep 2005
International News Brief: Wynn Resorts Ltd., the Las Vegas casino company, this week cut the borrowing cost for its Macau gaming project amid bank demand for investment opportunities in the only place in China where casinos are legal.
Las Vegas Companies Lead Singapore Short List
15 Sep 2005
An Asian casino expert says the four Las Vegas-based resort companies looking to build an integrated resort at Singapore's Marina Bay area have the inside track among 12 companies that have made the "short list" of developers.
Wynn Resorts Expands Credit Facilities
14 Sep 2005
Wynn Resorts, Limited reports the completion of an expansion of the senior secured financing for its subsidiary, Wynn Resorts S.A.
Wynn Resorts, Limited Reports Q2 Results
2 Aug 2005
Wynn Resorts reports adjusted earnings were $8.2 million, or $0.08 per diluted share.
Wynn Resorts Completes Exchange Offer
7 Jul 2005
Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp. have completed their offer to exchange up to $1.3 billion of their outstanding 6 5/8% First Mortgage Notes due 2014 for 6 5/8% First Mortgage Notes due 2014.
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