Wynn Resorts Ltd., the US-based prominent casino operator, has spread its wings by entering the
UK gaming market with the launch of
Wynn Mayfair, a London-based casino. The expansion indicates an optimistic trajectory among investors, despite the company withdrawing from its pursuit of a New York City casino licence. Adding to the recent developments, Wynn Resorts have recently been rated a "
Moderate Buy" by several brokerages. While the firm has seen some substantial investment with 263,564 shares purchased by
GAMMA Investing LLC, it also witnessed sell-offs with
Wellington Management Group selling 63,967 shares, which showcases a mixed opinion among the investment community. Additionally, the company was subjected to a
$5.5 million fine due to an illegal scheme concerning high-roller recruitment.
Anticipated growth foreseen in this sector has led to the acquisition of 15,798 Wynn Resorts shares by
Universal Beteiligungs und Servicegesellschaft mbH, reflecting investor confidence in the company's long-term prospects. Despite marginal vegetation in the share price over a month, the investing community seems to have a divided opinion regarding the future of Wynn Resorts' stock.
Wynn Resorts Ltd WYNN News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sat, 07 Jun 2025 19:06:18 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor 2
