Wynn Resorts, Limited (WYNN) has appeared in various investment discussions, with a significant focus on its recent performance. Notable investors like Bayforest Capital Ltd, Goodman Financial Corp, Universal Beteiligungs und Servicegesellschaft mbH, AE Wealth Management LLC, Wedbush Securities Inc., IFP Advisors Inc., and Bryce Point Capital LLC have all made new investments or increased their holdings in the company's stock. Additionally, there's been a surge in its stock's price following a remarkable increase in Macau gaming revenue. Several incidences have also made the news; one is the withdrawal of its bid for a New York City casino license and being fined $5.5M for an illegal scheme related to high-rolls recruitment. Wynn Macau Ltd secured an extra US$1bln in revolving credit, a significant financial milestone. On the downside, the Q1 2025 earnings and revenues fell short of expectations. Furthermore, there were reports about Fertitta increasing his stake in Wynn Resorts and the retirement of major shareholder Elaine Wynn. The company also opened a new venture, Wynn Mayfair, and appointed Anthony Sanfilippo to its board of directors. Collectively, these events have given a mixed sentiment towards the investment outlook.
Wynn Resorts Ltd WYNN News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sat, 02 Aug 2025 19:47:22 GMT -
Rating 2
- Innovation -3
- Information 7
- Rumor -1
