Wynn Resorts Limited | World Casino News

Public tender for future Macau casino licenses gaining traction

April 19, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Licenses, Macau

The most senior legislator in Macau has reportedly announced that there is no need for his fellow lawmakers to delay the launch of a new public tender designed to decide who will be allowed to operate casinos i...

Potential sale on the cards for The Cosmopolitan of Las Vegas

Adam Morgan

April 19, 2019

Casino Sales, Latest Casino and Gambling News, Las Vegas, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships

American private equity firm, Blackstone Group LP, has reportedly retained the services of financial services experts, PJT Partners Incorporated, and Deutsche Bank AG in order to explore the possibility of sell...

Crown Resorts Limited divulges takeover talks involvement

Adam Morgan

April 11, 2019

Casino Sales, Latest Casino and Gambling News, Australia, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships

Australian casino operator, Crown Resorts Limited, has reportedly revealed that it is holding talks regarding a $7.1 billion deal that could see it sold to American counterpart, Wynn Resorts Limited. Private...

Encore Boston Harbor unveils plan to introduce water taxi service

Adam Morgan

March 26, 2019

Latest Casino and Gambling News, Casino News, Casino project updates, Massachusetts

In Massachusetts, Wynn Resorts Limited has reportedly announced that it hopes to attract even more patrons to its soon-to-open Encore Boston Harbor integrated casino resort by introducing a free shuttle service...

Suffolk Downs not interested in Massachusetts casino license

Adam Morgan

March 19, 2019

Latest Casino and Gambling News, Casino News, Casino project updates, Horse Racing, Licenses, Fines, Lawsuits & Litigation, Massachusetts

In Massachusetts, the firm behind the Suffolk Downs horseracing facility near Boston has reportedly announced that it does not intend to renew its bid for a casino license even if the eastern state’s gaming reg...

MGM China Holdings Limited to benefit from contract extension

Adam Morgan

March 18, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Economy/Finance, Licenses, Macau

The recent decision by the government of Macau to extend the casino license of MGM China Holdings Limited by a further two years will allow the operator to improve its ‘capacity to finance the business’ and pre...

Limited pool for Caesars Entertainment Corporation buyers

Adam Morgan

March 13, 2019

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

There are reportedly only three American casino operators that currently have enough financial clout to purchase the entirety of Caesars Entertainment Corporation while any other such interested local parties w...

Wynn Resorts Limited agrees to pay record-setting $20 million penalty

Adam Morgan

February 27, 2019

Latest Casino and Gambling News, Licenses, Fines, Lawsuits & Litigation, Nevada

In Nevada, casino operator, Wynn Resorts Limited, has reportedly agreed to pay a fine of $20 million in order to settle claims that it had failed to properly investigate multiple sexual misconduct allegations l...

Massachusetts gaming regulator agrees Steve Wynn deal

Adam Morgan

February 21, 2019

Latest Casino and Gambling News, Casino News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, Massachusetts

The gaming regulator for Massachusetts has reportedly agreed a deal that will allow it to receive the findings of an almost year-long investigation into the alleged actions of former casino magnate, Steve Wynn....

Wynn Resorts Limited offers Encore Boston Harbor reassurance

Adam Morgan

February 4, 2019

Latest Casino and Gambling News, Casino News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, Massachusetts

The boss for American casino operator, Wynn Resorts Limited, has reportedly reassured investors that his company is planning to open its under-construction Encore Boston Harbor property on schedule despite the ...

Wynn Resorts Limited agrees to pay undisclosed Nevada fine

Adam Morgan

January 29, 2019

Latest Casino and Gambling News, Licenses, Fines, Lawsuits & Litigation, Nevada

American casino operator, Wynn Resorts Limited, is reportedly set to pay an undisclosed fine in order to settle an investigation into sexual misconduct allegations that were last year levied against its former ...

Resorts World Las Vegas lawsuit settled by Wynn Resorts Limited

Adam Morgan

January 29, 2019

Latest Casino and Gambling News, Las Vegas, Casino News, Casino project updates, Fines, Lawsuits & Litigation

American casino operator, Wynn Resorts Limited, has reportedly settled the five-count trademark infringement and unfair competition lawsuit it had filed against Malaysian counterpart, Genting Malaysia Berhad, i...

Wynn Macau Limited wins landmark court case in Malaysia

Adam Morgan

January 21, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Malaysia, Fines, Lawsuits & Litigation

In Malaysia, a High Court Judge reportedly made history on Friday by ordering local gambler, Paul Poh Yang Hong, to pay off the entirety of a debt he allegedly ran up while playing at a casino owned by Wynn Mac...

Wynn Macau Limited to hand out employee ‘winter bonus’

Adam Morgan

January 16, 2019

Latest Casino and Gambling News, Economy/Finance, Macau, Labor Relations

Asian casino giant Wynn Macau Limited has reportedly declared that it will be rewarding eligible employees at its Wynn Palace Cotai and Wynn Macau integrated casino resorts with a ‘winter bonus’ set to be equiv...

American casino operators to face possible challenges in Macau

Adam Morgan

January 15, 2019

Latest Casino and Gambling News, Economy/Finance, Licenses, Macau

In Macau, a slowing economy alongside the prospects of a heightened trade war between the United States and China could reportedly lead to significant challenges for the three foreign gambling firms that operat...