wynn resorts
Marjan to Develop a Multibillion-Dollar Integrated Resort in Ras Al Khaimah With Wynn Resorts
Wynn Resorts | January 25, 2022
RAS AL KHAIMAH, UAE - January 25, 2022 - Marjan, RAK Hospitality Holding and Wynn Resorts, Limited, the US-listed international developer and operator of luxury resorts, have announced a multibillion-dollar integrated resort development on the man-made Al Marjan Island in Ras Al Khaimah, United Arab Emirates. The spectacular Al Marjan Island, already a leading tourism destination, is only 15 minutes from the Ras Al Khaimah International Airport and 45 minutes from the Dubai International Airport. Comprising four islands, Al Marjan Island delights visitors with over 7.8 kilometers of sparkling beaches and 23 kilometers of waterfr...
Wynn Resorts Names Julie Cameron-Doe as New Chief Financial Officer
Wynn Resorts | December 8, 2021
LAS VEGAS , NV - December 8, 2021 - Wynn Resorts, Limited (“Wynn Resorts”) announced it will appoint Julie Cameron-Doe as its Chief Financial Officer, effective in the second quarter of 2022 on completion of her notice period with her current employer. Ms. Cameron-Doe will succeed Craig Billings, who will become the Company’s CEO early next year. Mr. Billings said, “Julie is a proven leader and is a sitting public company CFO. Coming from the gaming industry, she understands many aspects of our business and she has diverse international experience. She is the clear choice for this position and her appointment rounds out our senior ...
Wynn Resorts, Limited Reports First Quarter 2021 Results
May 13, 2021
LAS VEGAS - May 13, 2021 - Wynn Resorts, Limited (NASDAQ: WYNN) (the "Company") today reported financial results for the quarter ended March 31, 2021. Operating revenues were $725.8 million for the first quarter of 2021, a decrease of 23.9%, or $227.9 million, from $953.7 million for the first quarter of 2020. Net loss attributable to Wynn Resorts, Limited was $281.0 million, or $2.53 per diluted share, for the first quarter of 2021, compared to net loss attributable to Wynn Resorts, Limited of $402.0 million, or $3.77 per diluted share, in the first quarter of 2020. Adjusted Property EBITDA (1) at our integrated resort properties increase...
Wynn Resorts, Limited Reports First Quarter 2020 Results
May 7, 2020
LAS VEGAS--May 7, 2020--Wynn Resorts, Limited (NASDAQ: WYNN) (the "Company") today reported financial results for the quarter ended March 31, 2020. Operating revenues were $953.7 million for the first quarter of 2020, a decrease of 42.3%, or $697.8 million, from $1.65 billion for the first quarter of 2019. Net loss attributable to Wynn Resorts, Limited was $402.0 million, or $3.77 per diluted share, for the first quarter of 2020, compared to net income attributable to Wynn Resorts, Limited of $104.9 million, or $0.98 per diluted share, in the first quarter of 2019. Adjusted Property EBITDA (1) was $(5.3) million for the first quarter of 20...
Wynn Resorts Announces Pricing and Upsizing of Private Offering of $600 Million Aggregate Principal Amount of Wynn Resorts Finance 7.75% Senior Notes
Wynn Resorts | April 8, 2020
LAS VEGAS - Wynn Resorts, Limited (“Wynn Resorts”) (NASDAQ: WYNN) announced today the pricing by Wynn Resorts Finance, LLC (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, of $600 million aggregate principal amount of 7.75% Senior Notes due 2025 (the “Notes”) in a private offering. The aggregate principal amount of Notes to be issued in the offering was increased to $600 million from the previously announced $350 million. The Notes will be guaranteed by all of ...
Wynn Resorts Extends Benefits for All North American Employees
Wynn Resorts | April 2, 2020
LAS VEGAS, April 2, 2020 -- Wynn Resorts (Nasdaq: WYNN), the world's leading resort company based in Las Vegas, Nevada, announced today that the Company will extend paying all salaried, hourly and part-time employees through May 15, for a total of 60 days of payroll continuance. The Company decided to take this action as part of its shared responsibility for the health and safety of its employees, their families and the Las Vegas and Greater Boston communities during this pandemic. Payroll coverage will include more than 15,000 current Wynn and Encore employees. For tipped employees, it includes the average tip compliance rate or distr...
Wynn Resorts Appoints Erik Hansen as First Chief Sustainability Officer
Wynn Resorts | June 7, 2018
LAS VEGAS, June 7, 2018 -- Wynn Resorts announced today the appointment of Erik Hansen as the company's first Chief Sustainability Officer. In this newly-created role, Hansen is responsible for the development of the company's global sustainability strategy and energy procurement goals. "Erik has proven to be a visionary as we continue to deepen our company's sustainability strategy and make monumental moves towards taking control of our energy future," said Kim Sinatra, EVP and General Counsel for Wynn Resorts. "His experience extends across all facets of environmental protection and government regulation, an...
Galaxy Entertainment to Purchase 5.3 Million Primary Shares of Wynn Resorts; Former CEO and Founder Steve Wynn to Sell Remaining Eight Million Shares
Galaxy Entertainment Group | March 23, 2018
HONG KONG and LAS VEGAS, March 23, 2018 -- Galaxy Entertainment Group (HKEx stock code: 27) and Wynn Resorts, Limited (NASDAQ: WYNN) today announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of Wynn Resorts at a price of $175 a share, resulting in $927,500,000 of gross proceeds to Wynn Resorts. Galaxy Entertainment Group Vice Chairman Francis Lui said, "This is a unique opportunity to acquire an investment in a globally recognized entertainment corporation with exceptionally high quality assets and a significant development pipeline." "It is an honor to have such a distinguished company a...
