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Stephen Cootey stepping down at Wynn Resorts Limited

February 24, 2017

Casino News, Latest Casino and Gambling News, Nevada

American casino operator Wynn Resorts Limited has announced that Stephen Cootey will be stepping down as its Chief Financial Officer at the end of the month to be replaced by former banker and gaming machine ma...

Tracinda Corporation selling all of its stake in MGM Resorts International

Adam Morgan

February 15, 2017

Casino News, Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships

Private investments firm Tracinda Corporation has revealed that it will be selling the around 16% stake it holds in American casino giant MGM Resorts International to Swiss investment bank UBS for approximately...

Macau casino market on track to end 2016 on a high

Adam Morgan

December 28, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, industry experts have reportedly predicted that aggregated gross gaming revenues for December are on track to post a year-on-year increase of between 4% and 6% and bring the monthly tally to around $2...