Steve Wynn

In a show of support for former President Donald Trump, Republican billionaires are set to host a high-dollar fundraiser in April to boost his presidential campaign. What Happened: Hedge fund founder John Paulson will host a fundraiser on April 6 in Palm Beach, Florida. The event is expected to...

Wynn Resorts. Ltd (NASDAQ:WYNN) stock just made a Golden Cross. The stock is up 15.5% year-to-date, driven by a recovery in the gaming market. Over the past year, however, the stock had steadily declined. In early February, the stock delivered an earnings beat that lifted the stock. While 2024...

One of the worst-performing sectors since 2014 has been the casino industry.  The sector — and specifically Wynn Resorts Limited (NASDAQ: WYNN) — has been searching for a catalyst and got not one but two on Monday. The price action following the news makes it the...

Two recent items for a casino stock could signal a buyout coming. Here are the details to consider. What Happened: On Friday morning, Wynn Resorts (NASDAQ: WYNN) announced it was terminating a previously announced SPAC merger for Wynn Interactive with Austerlitz Acquisition Corporation I (NYSE...

Casino operator Wynn Resorts, Limited (NASDAQ: WYNN) withdrew its A$10 billion ($7.1 billion) offer to buy Australia's Crown Resorts (OTC: CWLDF) after merger discussions were leaked in media outlets, CNBC reported. What Happened Wynn Resorts was looking to buy Crown, which would give it...

Now that Steve Wynn is gone from the company, a pair of Wall Street analysts sees a buying opportunity for Wynn Resorts, Limited (NASDAQ: WYNN) investors ahead of a potential buyout or breakup of the company. Overhang Removed The Analyst Union Gaming analyst John DeCree upgraded Wynn from Hold to...

Wynn Resorts, Limited (NASDAQ: WYNN) shareholders have had a rough go of it in recent weeks after CEO Steve Wynn was forced to resign in the wake of sexual misconduct allegations. But while Wynn shareholders are still reeling from the leadership change, Height Securities analyst Stefanie Miller...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) have gained around 75 percent over the past year, even when including a sharp sell-off in the stock after sexual assault accusations against its CEO Steve Wynn, who resigned Tuesday. Now is a good time for investors to sell the stock,...

Steve Wynn, chairman and CEO of Wynn Resorts, Limited (NASDAQ: WYNN), said he has resigned from the gaming company he founded. What You Need To Know Wynn came under fire after a Wall Street Journal report detailed allegations of sexual misconduct that spanned decades. The report said dozens of...

Wynn Resorts, Limited (NASDAQ: WYNN) founder and CEO Steve Wynn has found himself embroiled in a reputational crisis event: accusations of sexual misconduct. The gaming company’s board faces a decision of whether to keep an industry legend at the helm. The founder is pushing back and asking...

Wynn Resorts, Limited (NASDAQ: WYNN) shares are now in their second session of freefall following accusations of sexual misconduct against Founder and CEO Steve Wynn. Wynn Resorts has lost over $2 billion in market cap since the Wall Street Journal published the allegations. Wynn was one of...

Wynn Resorts, Limited (NASDAQ: WYNN) plummeted more than 7 percent Friday after CEO Steve Wynn was reported to have pressured employees to engage in sexual acts. Wynn rejected “dozens” of allegations, as reported by The Wall Street Journal. “The idea that I ever assaulted any...

As Macau recovers, so do casino stocks. Wynn Resorts, Limited (NASDAQ: WYNN), which has a particularly high exposure to Macau, China, is the world’s biggest gaming destination. The company derived 69 percent of its EBITDA from Macau, according to its second-quarter earnings report released...

Thirty-two (32) of the 148 S&P 500 companies that have already reported their earnings have something in common: President Donald Trump was mentioned by name. According to CNBC, Trump has been mentioned in more than 20 percent of the conference calls that occurred this year through the end of...

The Macau Gaming Inspection Coordination Bureau has placed yet another restriction on the Macau gaming market by banning “proxy betting” starting this week. The recent corruption crackdown in Macau has spooked many VIP high-roller gamblers away from the casinos, but others have been...