Wynn Resorts Stock News

The head of the New York State Gaming Commission flagged recent Las Vegas betting scandals as potential roadblocks for two major bidders vying for highly coveted New York City casino licenses.

Major U.S. equities indexes were mixed on the final trading day of the week as investors digested the latest Personal Consumption Expenditure (PCE) data showing consumer price pressures cooled in August, reinforcing expectations that the Federal Reserve will continue cutting interest rates.

China announced a stimulus that is aimed at reaching the country's 5% GDP growth goal. Investors are betting that one area to benefit from stimulus is Macao's casinos.

Morgan Stanley analysts see opportunities beyond China—like the United Arab Emirates.

Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) gained again Friday on optimism that the big stimulus package announced by China will increase business at their casinos in Macau.

LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) (“Wynn Resorts”) announced today that 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, are offering $800 million aggregate principal amount of Se...

I recommend buying Wynn Resorts shares due to impressive financial results and reasonable valuation, despite the dividend yield being lower than the 10-year Treasury Note. Recent financial performance shows significant improvements: revenue, operating income, and net income up 8.6%, 33.5%, and 28.5%, respectively, compared to 2019. Long-term debt has decreased by 7.4%, reducing interest expense...

The Proposal to Build Hudson Yards West on top of the Undeveloped Western Rail Yards is an Unprecedented $12B Total Project Investment in NYC that will Create 35,000 Union Construction Jobs, 5,000 Permanent Union Careers in the Resort and 1,500 units of New Housing Hudson Green, a 5.6 Acre Public Park, will be the Centerpiece of Hudson Yards West Renderings and Animations Available to Download ...