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Wynn Resorts News
Wynn Resorts wants a woman on board, just not Elaine
31 Mar 2015
Both Wynn Resorts and Elaine Wynn, the ex-wife of company chairman and CEO Steve Wynn, are seeking shareholder support for the make-up of the company’s board.
Elaine Wynn defends fight to retain board seat
26 Mar 2015
Elaine Wynn has challenged the company’s selection process. She is asking shareholders to return her to the board over one of its chosen candidates.
Inside Gaming: Macau top official's speech not the message Las Vegas wanted to hear
25 Mar 2015
Macau Chief Executive Fernando Chui told lawmakers on Monday the Special Administrative Region had entered an “adjustment” period of slower and stable growth.
Company: Elaine Wynn had conflicts in Strip land deal
25 Mar 2015
Wynn Resorts sent a letter to shareholders Tuesday, asking them to support the company’s two board nominees and ignore Elaine Wynn, who launched a proxy fight to regain her seat.
Game on: Elaine Wynn files formal proxy to regain board seat
23 Mar 2015
Elaine Wynn is asking Wynn Resorts shareholders to bypass the company’s selection and elect to another term on the board, where she has served since 2002.
Filing: Elaine Wynn learned of board issue from ex-husband
20 Mar 2015
Elaine Wynn has filed a proxy challenge and is asking company shareholders to re-elect her to the board.
Corporate concerns cited in not renominating Elaine Wynn to board
17 Mar 2015
Wynn Resorts went into longer detail on why Elaine Wynn was not re-nominated for a seat on the board where she has sat since its founding in 2002.
Inside Gaming: Chinese government almost seems to be purposely torpedoing Macau
16 Mar 2015
Nine straight months of casino revenue declines, including a record 49 percent drop in February, are primarily because of a government-imposed crackdown on corruption.
Wynn Resorts executive Kim Sinatra will deliver 2015 Faiss Lecture
16 Mar 2015
The event will take place Thursday from 4-5:30 p.m. at the Thomas & Mack Moot Court.
Gloves set to come off in Wynn proxy fight
11 Mar 2015
Less than a week after being removed from consideration for another term as a member Wynn Resorts board, Elaine Wynn announced she was undertaking a costly and potentially nasty proxy fight to retain her seat.
Elaine Wynn files paperwork seeking to regain board position
9 Mar 2015
The ex-wife of Wynn Resorts Chairman and CEO Steve Wynn — and the casino operator’s third-largest shareholder — filed paperwork with the Securities and Exchange Commission on Thursday, seeking to regain her seat less than a week after fellow board members chose not to renominate her.
Wynn Resorts adding two more acres to Boston-area casino site
9 Mar 2015
The company said Tuesday it closed on a 1.75-acre site that was purchased from the Massachusetts Bay Transportation Authority for $6 million.
Feb. decline marks Macau's worst gaming revenue month since 2011
9 Mar 2015
Despite what is normally a lucrative time period, the annual Chinese New Year, the region reported an overall gaming revenue total of $2.44 billion.
Elaine Wynn: Removal from company's board 'extraordinarily disappointing'
9 Mar 2015
In a proxy filing with the Securities and Exchange Commission, Wynn Resorts said it was reducing its Class I board members from three to two and said the board decided not to renominate Wynn to serve as a director.
Macau gaming revenues fall a record 49 percent in February
9 Mar 2015
Casinos collected $2.44 billion from gamblers during the month, a drop of 49 percent. A year ago, Macau casinos collected a single-month industry high of $4.8 billion.
Wynn Resorts seeks to oust Elaine Wynn from board of directors
2 Mar 2015
In a proxy filing with the U.S. SEC Friday, Wynn Resorts said it will reduce its Class I board members from three to two.
Inside Gaming: How would legalizing U.S. sports betting change Nevada's industry?
23 Feb 2015
If legal sports books pop up in California Indian casinos, for example, would the Strip’s high-end gambling facilities dry up?
Plunge in Macau revenue leads to lower profits for Wynn Resorts
4 Feb 2015
Wynn said Tuesday revenue from it two Macau casinos dipped 32 percent in the quarter that ended Dec. 31.
Casino revenue in Nevada, on the Strip retreats slightly in 2014
2 Feb 2015
Gaming revenue collected by casinos ended a four-year upswing last year as the state's largest industry continued its recovery from the recession.
Vegas gaming companies may face bigger tax bite in Macau
21 Jan 2015
A Chinese government official is hinting at a potential gaming tax increase ahead of license renewals for Macau's casino operators.
Spokesman: Wynn's pay will now include 'performance-based equity'
21 Jan 2015
In a filing with the Securities and Exchange Commission Tuesday, Wynn Resorts Ltd. said it was slashing the CEO's salary to $2.5 million per year from $4 million.
Gaming regulators may allow wagering on Olympics
16 Jan 2015
The only question is whether or not the betting would be allowed on all Summer and Winter Olympics events, or just a handful of popular competitions.
Wynn Resorts completes acquisition of Everett casino site
5 Jan 2015
Wynn’s deal for the Everett land has drawn immense scrutiny.
Analysts thought Macau's first-ever annual dip could have been worse
5 Jan 2015
The worry is now about 2015 and what effect continued softness in the world’s largest gambling enclave will have on Nevada casino operators.
Inside Gaming: Crumbled buildings, cannons symbolize current status of Macau
17 Dec 2014
Even after six consecutive monthly gaming revenue declines, Macau is still not close to hitting bottom.
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