Tag: Wynn Resorts
Wynn issues $800 million public offering days after forfeiting $130 million to settle federal criminal allegations
Four days ago, Wynn Resorts said it will forfeit $130 million to the federal government to settle criminal allegations that it conspired... more
Analyst: Wynn stock represents a “good risk-reward”
J.P. Morgan analyst Joseph Greff cautioned investors not to be fooled by the underperformance of Wynn Resorts stock. It “represents a good... more
Wynn touts growth opportunities in Las Vegas, UAE, Thailand
As construction continues on the $3.9 billion Wynn Al Marjan integrated resort in the United Arab Emirates, Wynn Resorts touted future... more
Wynn Resorts sets second quarter earnings record
Wynn Resorts Tuesday announced it set a second-quarter record for property earnings, along with year-over-year increases in operating... more
UAE’s licensing procedures should ease concerns about investing in integrated resorts, analyst says
The United Arab Emirates’ launch of its website detailing commercial gaming licensing procedures should help ease any investor concerns... more
Wall Street Bets: Analyst look at Bally’s/GLPI deal, Wynn Resorts, casino foot traffic
Bally’s/GLPI Wall Street analysts scrutinized Bally’s July 12 announcement that Gaming and Leisure Properties (GLPI) had... more
Analyst: Wynn Resorts looks solid for second quarter
Ahead of the release of Wynn Resorts’s second-quarter earnings, Deutsche Bank is trimming its forecasts for Wynn Macau, while raising its... more
Wynn positioning itself as ‘best-in-class’ in free cash flow margin as it funds UAE project, analyst says
Wynn Resorts is well positioned to fund its integrated resort project in the United Arab Emirates and position itself as the... more
Super Bowl and Lunar New Year drive record Q1 results for Wynn Resorts, as attention turns to UAE, NYC, elsewhere
Wynn Resorts registered an all-time quarterly record for property EBITDAR in the first quarter of 2024, aided by Las Vegas’s first Super... more
Wynn Resorts Q1 revenue up year over year
Wynn Resorts Tuesday reported a 31% increase in operating revenue and 50% in adjusted property earnings in the first quarter. Operating... more
