Wynn Resorts Limited | World Casino News

Wynn Macau Limited warning of April and May earnings deficit

June 12, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Wynn Macau Limited has reportedly warned investors that it is expecting to record a combined loss of up to $126.1 million in adjusted earnings before interest, tax, depreciation and amorti...

Enthusiastic gamblers welcome re-opening Las Vegas Strip casinos

Adam Morgan

June 8, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino openings, Gaming Industry News, Economy/Finance

The almost twelve-week coronavirus-related shuttering of casinos in Nevada ended early on Thursday morning with the re-opening venues along the world-famous Las Vegas Strip reportedly being met by ‘long lines a...

Wynn Resorts Limited ‘optimistic’ about its future in Macau

Adam Morgan

May 7, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

American casino operator Wynn Resorts Limited reportedly believes that its Wynn Macau Limited subsidiary has the ability to bounce back quickly once authorities in Macau lift a range of coronavirus-related trav...

Nevada casino operators given post-coronavirus re-opening roadmap

Adam Morgan

April 23, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Nevada

The Nevada Gaming Control Board has reportedly announced that casino operators in the western state are to be required to submit detailed re-opening plans for any facility they hope to revive following the end ...

Casino firms discussing post-coronavirus possibilities for Las Vegas

Adam Morgan

April 16, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance

Representatives for some of the largest casino operators in the United States are reportedly holding informal meetings in order to discuss possible ways to re-open Las Vegas to gamblers following the conclusion...

Credit facility move for Asian casino operator Wynn Macau Limited

Adam Morgan

April 8, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly drawn some $50 million from a revolving $74 million credit facility in an attempt to counter the ongoing financi...

Wynn Macau Limited decides to forego annual dividend payment

Adam Morgan

March 31, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly announced that its board has decided not to pay investors a final dividend on its 2019 financial performance. ...

Wakayama Prefecture initiates RFP stage of casino plan

Adam Morgan

March 30, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and the government for Wakayama Prefecture has reportedly launched the request for proposal (RFP) stage of its plan to secure one of the nation’s coming trio of licenses to build and operate an integra...

Las Vegas casino firms feeling the burn as shutdown enters its second week

Adam Morgan

March 25, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Labor Relations

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Casino operators in Las Vegas are reportedly losing up to $14.4 million every day as a result of the city’s coronavirus-related shutdown and may now have as little as five months before they completely run out ...

Salary surrender for Wynn Resorts Limited executives

Adam Morgan

March 25, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Labor Relations

The senior leadership of American casino operator Wynn Resorts Limited has reportedly announced that it will be forgoing some or all of its salaries for 2020 in an attempt to help mitigate the financial impacts...

Coronavirus fears continue to send casino share prices plummeting

Adam Morgan

March 20, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

Ongoing anxieties concerning the global coronavirus pandemic have recently sent stock prices falling around the world while yesterday reportedly saw the value of shares in Macau’s six licensed casino operators ...

NFL modifies 2020 player draft amid coronavirus concerns

Adam Morgan

March 16, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, NFL, Casino closures, Gaming Industry News, Economy/Finance

In the United States and the National Football League (NFL) has reportedly announced that its upcoming player draft will not be held as a public event in Las Vegas as was originally planned due to continued fea...

MGM China Holdings Limited suffering from coronavirus fears

Adam Morgan

March 12, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The price of shares in Asian casino operator MGM China Holdings Limited reportedly fell to its lowest level in just over four years on Tuesday due to investor anxieties over the ongoing outbreak of a coronaviru...

Encore Boston Harbor taking steps to fight coronavirus

Adam Morgan

March 12, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Massachusetts

In Massachusetts and the giant Encore Boston Harbor facility is reportedly due to implement a number of precautionary measures in hopes of helping to stop the potential spread of the potentially-deadly coronavi...

Wakayama Prefecture launches harm mitigation public consultation

Adam Morgan

March 11, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Japan, Mergers, Acquisitions & Partnerships

In Japan and the government for Wakayama Prefecture has reportedly launched a public consultation period regarding measures it is proposing to introduce in order to help prevent locals from developing a gamblin...