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Wynn Resorts News
Proposed Macau smoking ban threatens 2016 profits, Vegas-based licensees
8 Jul 2015
The ban is almost certain to further cut into Macau's already-declining gaming revenues, raising speculation about the political motivations behind the ban.
Chinese government eases visitation rules as Macau gaming revenues decline
2 Jul 2015
This June was the 13th straight month of declining gaming revenue in Macau, but there was still good news to be found.
Details emerge for Alon Las Vegas project
29 Jun 2015
The hotel-casino project is planned for the former New Frontier site.
Court slaps Wynn with $422,380 in fees over slander lawsuit
24 Jun 2015
Wynn's case against stock market analyst James Chanos had been dismissed twice under California's anti-SLAPP laws.
New credit agreement to help MGM complete $2.9 billion Macau resort
15 Jun 2015
The company's credit agreement increased to $1.55 billion in addition to a $1.45 billion revolving line of credit, with the maturity date extended to 2019.
Boyd Gaming optimistic about Las Vegas locals market
15 Jun 2015
Boyd Gaming CEO Keith Smith says the area's economy is improving and cites growth in gaming and nongaming revenue in the past quarter.
Inside Gaming: Despite the rumor, an MGM-Wynn merger is off-base
10 Jun 2015
CNBC host and financial gossipmonger Jim Cramer told his "Mad Money" audience there was "speculation" that Wynn Resorts Ltd. "might merge" with MGM Resorts International.
Wynn Resorts shares rise despite 'Macau malaise'
5 Jun 2015
Companies that operate casinos in Macau have seen share prices decline recently as the Macau gaming market loses revenue, but analysts believe May's uptick in prices may be a sign that the market is starting to stabilize.
Inside Gaming: Macau in a free-fall and taking Wynn Resorts with it
3 Jun 2015
Wynn Resorts stock on Monday closed below $100 per share for the first time since December 2010 after Macau reported its 12th straight monthly dip.
Macau experiences 12th straight month of gaming revenue decline
2 Jun 2015
Casino operators worry that the Macau government's plans to implement a smoking ban could further erode the market.
Rise in proxy battles indicates vulnerability in gaming industry
26 May 2015
Proxy battles are common in corporate America, but they can be time-consuming and expensive. In the past several years, the gaming industry has become embroiled in many proxy battles.
City of Boston files amended lawsuit against Gaming Commission
22 May 2015
City of Boston has filed an amended complaint against the Massachusetts Gaming Commission, in which it wants all Commission's decisions on Wynn Gaming licence nullified.
Analysis: 'Net gambling bill accidentally criminalizes some Nevada sports bets
21 May 2015
A bill in Congress that would ban Internet gambling would inadvertently criminalize Nevada's booming mobile sports wagering business.
MGM Resorts files application to leave Nevada Power Co.
20 May 2015
MGM becomes the latest Las Vegas operator to leave Nevada Power and purchase its own electricity on the wholesale market, joining Wynn Resorts and Las Vegas Sands.
Analyst sees no 'silver bullets' to Macau turnaround
19 May 2015
Goldman Sachs gaming analyst Steven Kent has downgraded his stock price projections for Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International.
Macau gaming revenue down 39 percent in April, 11th straight monthly dip
11 May 2015
The region's casinos collected $2.4 billion in April, a 39 percent drop from April 2014.
Union Gaming Group establishes office in Hong Kong
11 May 2015
Union Gaming Managing Director Rich Moriarty said the focus for the gaming industry expansion over "the next 20 years belongs to Asia."
Gaming companies seek to leave Nevada Power, utility considers adding capacity
11 May 2015
All four companies have submitted letters to the Public Utilities Commission announcing their intentions to purchase power from a "qualified energy provider."
Caesars turns in best quarterly performance since 2008
7 May 2015
The company's gains in revenue were partly attributed to increased volume through Caesars Interactive, the subsidiary that runs the company's World Series of Poker online poker sites.
Boyd Gaming reports quarterly earnings of $35.1 million
4 May 2015
The company bounced back after a net loss of $6.2 million in the first quarter of 2014.
Elaine Wynn collected 17.1 percent of proxy vote
4 May 2015
Of that 17.1 percent, most of the votes were cast by Elaine's ex-husband, Steve Wynn, who was obligated by the terms of a stockholder agreement to vote shares held by Elaine.
Shares of Wynn Resorts rebound, gain 2 percent
4 May 2015
The company's shares went up by $2.30 and closed at $111.07.
Wynn share loss wipes out $2.2 billion in stock market value
30 Apr 2015
Shares in the gaming giant fell by $21.71, or 16.6 percent, on volume of about 15.7 million shares — nearly eight times average volume. Based on the 101.52 million outstanding shares reported by Google Finance, the loss wiped out about $2.2 billion in market capitalization.
Elaine Wynn sends an open letter to Wynn Resorts stockholders addressing her qualifications for re-election to the Board
6 Apr 2015
Elaine Wynn releases letter to all stockholders outlining her superior qualifications for re-election to the Wynn Resorts Board of Directors.
Wynn Resorts named Most Trustworthy Hotel Company by Forbes Magazine again
1 Apr 2015
Wynn Resorts on Forbes Magazine's 2015 "100 Most Trustworthy Companies in America" list.
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