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Tag Archives: Wynn Resorts

China – Cost controls leave Wynn’s EBIDTA in its ‘best ever position’

Wynn Resorts has said the progress made in its fourth quarter has left the company’s EBITDA in its best ever position. Matt Maddox, CEO of Wynn Resorts, said: ““We clearly made progress in the fourth quarter of this year as all of our properties were actually EBITDA positive. I think, our company is in the…

US – WynnBET enters Iowa with Elite Casino Resorts

WynnBET has increased its market access to seven states. Most recently, WynnBET entered into a multi-year market access partnership with Elite Casino Resorts, the leading integrated resort company in Iowa. The partnership will give avid sports fans in the Hawkeye State access to WynnBET for mobile sports betting licensed by Elite’s Riverside Casino and Golf…

US – Wynn denies that Encore Boston Harbor is up for sale

Encore Boston Harbor President Brian Gullbrants has contacted employees to assure them the casino has not been put up for sale. “The company has not engaged in any conversations about the sale of the property and we cannot wait until we are fully re-open,” he explained. “It has been falsely reported that Encore Boston Harbor…

China – Wynn Macau set to bloom post-COVID

Analyst Sanford C. Bernstein is predicting that Wynn Macau’s mix of VIP and mass gaming, along with its expansion at Wynn Palace in Cotai, should see it explode out of the COVID-19 slowdown. It has highlighted that Wynn Macau’s strength and diversity in operating efficiency should help its rebound. Sanford Bernstein analysts Vitaly Umansky, Tianjiao…

US – WynnBET to go live in Colorado, Michigan and Indiana over next six months

Having recently debuted in the New Jersey market, WynnBET, the new digital betting arm formed from a partnership between Wynn Resorts and Betbull, has signed market access deals in nine US states, representing about 25 per cent of the market. It has its sights firmly set on entering Colorado, Michigan and Indiana over the ‘next…

US – Evolution enters into agreement with Wynn for the US market

Evolution, leading provider of Live Casino solutions, has entered into a partnership with Wynn Sports Interactive for the supply of Live Casino content and services for the US market. The partnership with WSI will see Wynn Sports offer Evolution’s live games initially in New Jersey with additional states to follow. The Evolution live games offered…

US – Wynn launches out door live entertainment with only show to debut this autumn on The Strip

With Covid-19 restrictions hampering pretty much any live entertainment, Wynn Las Vegas has launched Lake of Dreams, the only show to debut this autumn anywhere on The Strip. Staged outdoors in an environmental theater with open-air patios for viewing, Lake of Dreams is uniquely suited for a socially distanced experience while providing all the glamour,…

Wynn Resorts: Getting Vegas back to what it does best

Matt Maddox, CEO of Wynn Resorts, explains how Wynn Resorts is trying to get Las Vegas back to what it does best; having fun. As a long-standing member of the Las Vegas community and the current CEO of Wynn Resorts, I have been deeply entrenched in the economy and culture of Las Vegas for almost…

US – Wynn Resorts releases COVID numbers for Wynn Las Vegas

Wynn Resorts has updated the results of its testing and contact tracing program for Wynn Las Vegas. The Company made a commitment to public transparency of its efforts to keep guests and employees safe during the COVID-19 pandemic, beginning with the disclosure of its Health and Safety Program on 19 April, and the subsequent release…