-
How Will Macau Phone Betting Ban Impact Casino Operators?
Monday, May 9, 2016 - 3:15pm | 354Read More...The Macau Gaming Inspection Coordination Bureau has placed yet another restriction on the Macau gaming market by banning “proxy betting” starting this week. The recent corruption crackdown in Macau has spooked many VIP high-roller gamblers away from the casinos, but others have been...
-
Ms. Wynn Vs. Mr. Wynn
Wednesday, April 6, 2016 - 8:29am | 390Read More...Elaine Wynn, ex-wife to Wynn Resorts, Limited (NASDAQ: WYNN)'s CEO Steve Wynn issued some scathing remarks concerning her former husband's business practices. Elaine Wynn, a co-founder of Wynn Resorts, said on Tuesday that Steve Wynn "set a tone at the top of the company that has given rise to...
-
Jim Cramer Recommends Some Stocks Ahead Of The Elections
Wednesday, March 2, 2016 - 9:51am | 471Read More...In the current political backdrop, investors are looking to pay less than they normally would for certain stocks, CNBC’s Jim Cramer said on Monday. However, as Warren Buffett explained, this will only lead them to miss out on the opportunities that arise. Cramer then went into a few stocks to...
-
Wynn CEO Buys 1 Million Shares; Is Current Valuation Indicative Of 'Unearthed Value'?
Wednesday, December 9, 2015 - 10:59am | 327Read More...Shares of Wynn Resorts, Limited (NASDAQ: WYNN) have declined 58.46 percent year-to-date, from $148.76 on December 31, 2014. Deutsche Bank’s Carlo Santarelli has maintained a Buy rating on the company, with a price target of $82. The company announced after market close on December 8 that its...
-
Wynn Reports Q1 Earnings; Shares Jump
Friday, May 2, 2014 - 4:49pm | 575Read More...Wynn Reports (NASDAQ: WYNN) reported its first quarter earnings on May 2, 2014. Shares of the company are up 7.28 percent or $15.05 per share to $221.68. Below are some key takeaways from its conference call: Steve Wynn: We're very happy with the performance of the company and as we start...
-
Wynn Jumps 7% As Co-Founder Okada Forced Out
Tuesday, February 21, 2012 - 2:23pm | 592Read More...Shares of Wynn Resorts (NASDAQ: WYNN) have surged more than 7% on Tuesday after the casino company announced that its board had declared co-founder Kazuo Okada unsuitable and forced him out. According to the company, an internal investigation conducted by former FBI Director Louis Freeh discovered...
-
How Wynn's Vice Chairman Could Tank the Company
Thursday, January 12, 2012 - 2:55pm | 494Read More...Wynn Resorts (NASDAQ: WYNN) is down nearly 4% on news that Kazuo Okada, the casino group's vice chairman, intends to sue the firm for access to financial records. Okada filed the complaint, which would force the company to publicize its spending records. Okada is also chairman of Universal...
-
Should You Place Your Bets On Steve Wynn?
Tuesday, July 19, 2011 - 12:03pm | 700Read More...Wynn Resorts (NASDAQ: WYNN) reported strong earnings last night after the bell and CEO Steve Wynn provided analysts and conference call listeners to one of the more entertaining rants about politics in America. Despite the blowout quarter, shares are falling around 2% today, as it appears traders...
-
Steve Wynn Tells Fox Business The President Is Lying To Americans
Thursday, April 21, 2011 - 1:24pm | 416Read More...Billionaire casino owner and CEO of Wynn Resorts Steve Wynn spoke candidly with FOX Business Network's (FBN) Neil Cavuto about the economic situation in the United States. Wynn says “you guys on television use the term 'disingenuous' when the president says something that isn't true; that's a fancy...
-
Steve Wynn Considering Shifting Headquarters Of Wynn Resorts (WYNN) From Las Vegas To Macau
Wednesday, April 21, 2010 - 12:17pm | 117Read More...Steve Wynn, the casino magnate, has said that he is planning to build a third major casino in Macau. On Wednesday, during an interview with CNBC to promote the launch of Encore Macau, Wynn said that he is considering relocating the headquarters of Wynn Resorts (NASDAQ: WYNN) from Las Vegas to Macau...
-
Winning Is Difficult For Wynn Resorts (WYNN)
Wednesday, October 28, 2009 - 11:11am | 135Read More...According to Barrons, the US$ 7 billion Wynn Resorts (NASDAQ: WYNN) reported its 3rd quarter working results which indicated a fall in occupancy and higher costs. The company’s revenues increased 1% to $ 773 million. The average estimate of analysts was $ 743 million. Except for casino operations...
