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Tag Archives: Wynn Interactive

US – Wynn tipped to offload Wynn Interactive at market price

Wynn Resorts has says suggestions that it is about to offload Wynn Interactive, including the WynnBet sports app at a price of just $500m compared to a market valuation of US$1bn as ‘market speculation.’ Fanatics and Penn National Gaming’s Penn Interactive are expected to be likely bidders for the company. In May Wynn axed plans to merge its online division…

US – Wynn Interactive to merge and float with Austerlitz Acquisition

Wynn Resorts and Austerlitz Acquisition have entered into a definitive agreement under which Austerlitz will combine with Wynn Interactive to create an independent public company, listing its shares on the Nasdaq Stock Exchange under the new ticker symbol WBET. Wynn Interactive, the online gaming division of Wynn Resorts, offers a world-class collection of casino and…