Wynn Resorts Ltd. has seen a flurry of activity, with prominent institutional investors and prominent figures increasing their stakes in the company. The likes of
Oppenheimer & Co. Inc, Lazari Capital Management Inc, KG&L Capital Management LLC, Hedges Asset Management LLC, Janney Montgomery Scott LLC, and
United Advisor Group LLC have purchased substantial shares.
Tilman Fertitta, Golden Nugget owner, has become the top shareholder, whilst
Wynn Resorts has also received an
Overweight rating from
JPMorgan. On the operational front,
Wynn Resorts continues expansion with the opening of
Wynn Mayfair and recent acquisition of
Crown London from Crown Resorts. The company has also been hit with a hefty $5.5M fine for an illicit recruitment scheme. Its Q1 2025 earnings were marked by a strong performance in Macau but missed overall forecasts. Amid these developments, the company withdrew its bid for a New York City Casino License, bolstered its Investor Relations Team, and faced the loss of major shareholder Elaine Wynn.
Wynn Resorts Ltd WYNN News Analytics from Fri, 06 Sep 2024 07:00:00 GMT to Sat, 28 Jun 2025 08:02:27 GMT -
Rating 5
- Innovation -5
- Information 7
- Rumor 0
