|Bid||27.650 x 0|
|Ask||27.700 x 0|
|Day's range||26.800 - 27.750|
|52-week range||15.360 - 30.250|
|PE ratio (TTM)||98.93|
|Earnings date||26 Mar 2018 - 30 Mar 2018|
|Forward dividend & yield||0.63 (2.17%)|
|1y target est||29.70|
Feb.07 -- Massachusetts and Nevada casino regulators said they will continue investigations into sexual harassment allegations at Wynn Resorts Ltd. even after Chairman and CEO Steve Wynn stepped down. Bloomberg's Chris Palmeri reports on "Bloomberg Markets: Americas."
Jan.30 -- Bloomberg Intelligence’s Brian Egger discusses how fallout from sexual harassment allegations against Steve Wynn could impact his casino business. He speaks on "Bloomberg Markets."
Jan.29 -- Wynn Macau Ltd. said it will cooperate with regulators after the government of the Chinese territory voiced concern over sexual harassment allegations swirling around casino magnate Steve Wynn. Bloomberg's Daniela Wei reports on "Bloomberg Markets."
March 23 (Reuters) - Wynn Macau Ltd: * FY PROFIT ATTRIBUTABLE TO OWNERS HK$3.70 BILLION VERSUS HK$1.44 BILLION * BOARD HAS DECLARED A SPECIAL DIVIDEND OF HK$0.75 PER SHARE * FY CASINO REVENUES HK$33.63 ...
Steve Wynn, the former chief executive of Wynn Resorts Ltd, has disposed his entire 11.8 percent stake in the firm for $2.1 billion in a dramatic exit of the casino and hotel enterprise he founded over 16 years ago. In an unexpected separate move, Macau casino operator Galaxy Entertainment said it has agreed to buy 5.3 million primary shares of Wynn Resorts at $175 per share, giving them around a 5 percent stake in the operator which has resorts in Las Vegas and Macau.
Macau has finished drafting a proposed new law barring foreign judges from hearing national security and defense cases, an unprecedented move that has heightened concerns over Beijing's grip over the gambling hub. The proposed draft law, announced in February by Sonia Chan, the enclave's mainland-China born justice secretary, has been completed, Macau's Legal Affairs Bureau said in an email to Reuters. The draft law is part of suggested amendments to Macau's Judicial Framework Law that was implemented in 1999 when the former Portuguese colony reverted to Chinese rule.
(Adds visitor numbers, analyst estimates, industry background) HONG KONG, March 1 (REUTERS) - Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected ...
HONG KONG, March 1 (REUTERS) - - Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected for the big-spending holiday period but still the 19th ...
Macau casino operator Galaxy Entertainment Group posted a 67 percent jump in full-year net profit as Chinese high rollers returned to the world's biggest casino hub. Galaxy, one of six listed casino operators in the Chinese territory of Macau, the only place in the country where citizens are legally allowed to gamble, reported HK$10.5 billion ($1.34 billion) in net profit attributable to shareholders for 2017. The company said VIP rolling chip volume, or betting volume by wealthy gamblers at its flagship casino Galaxy Macau, rose 27 percent to HK$621.5 billion last year.
A trial involving Macau's youngest lawmaker is pitting a vocal younger generation of activists pushing for greater government transparency against the territory's political and business elites. Lawmaker Sulu Sou, 26, is facing charges of aggravated disobedience during a protest against perceived conflict of interest by the Chinese-controlled territory's leader, Fernando Chui. The case has drawn parallels between Sou and democracy activists like Joshua Wong in neighbouring Hong Kong.
MGM Resorts opened its $3.4 billion casino resort in the Chinese-controlled territory of Macau on Tuesday, just days ahead of the Lunar New Year holiday, hoping to ride a boom in business in the world's biggest gaming hub. MGM Cotai, which will more than triple the number of MGM's hotel rooms in the former Portuguese colony to 1,972, marks a major expansion in non-gaming attractions amid uncertainty over the renewal process of its casino license that expires in two years. The new resort, MGM's second and the biggest investment in Macau, boasts a 2,000-seat theatre and artwork including 28 carpets from the Qing dynasty as well as a four-storey atrium garden space that features digital art.
For the moment, investors seem to be hoping things will soon go back to normal at Wynn Resorts following Steve Wynn’s departure as chief executive. But many uncertainties remain.
Global stocks were mixed Thursday, with European stocks declining after gains in Asian, as investors appeared skittish after this week's financial turmoil. The pound rose sharply after the U.K. central ...
Shares of Wynn Resorts Ltd. soared more than 9% Wednesday, after Founder and Chief Executive Steve Wynn stepped down from his role, succumbing to the pressure on the company and its stock following allegations ...
Shares of Wynn Resorts (WYNN) gained more than 8% in early morning trading hours Wednesday after the company announced that Steve Wynn has resigned from his position as CEO and chairman in the wake of a report alleging that the casino mogul engaged in decades of sexual misconduct.
Feb 7 (Reuters) - Wynn Macau Ltd: * STEPHEN A. WYNN HAS RESIGNED AS CHAIRMAN OF BOARD, AN EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER * ALLAN ZEMAN APPOINTED AS NON-EXECUTIVE CHAIRMAN * MATTHEW ...
Matt Maddox, who has taken the helm at Wynn Resorts Ltd after founder Steve Wynn resigned in the wake of sexual misconduct allegations, is a veteran employee long seen as a natural successor to his former boss. "With Matt, Wynn Resorts is in good hands. Maddox moved to the Chinese-controlled territory of Macau soon after Wynn Resorts secured its concession there.
U.S. casino mogul Steve Wynn has resigned as CEO of his company Wynn Resorts following claims he subjected women who worked for him to unwanted advances, becoming one of the most prominent business leaders to quit over sexual misconduct allegations in recent months. The company said it was appointing Matt Maddox, its president since 2013, as chief executive, effective immediately.
Feb 7 (Reuters) - Wynn Macau Ltd: * TRADING IN SHARES AND DEBT SECURITIES OF CO HALTED PENDING ANNOUNCEMENT ON CHANGES IN DIRECTORS Source text for Eikon: Further company coverage:
HONG KONG, Feb 7 (Reuters) - Trade in shares of Wynn Macau Ltd were suspended on Wednesday, the Hong Kong stock exchange said without providing further details. Last week, Macau's gaming regulator met ...
Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent year-on-year in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play in the country's only legal casino hub also drove up business. In 2017, the former Portuguese colony posted its first annual revenue gain in three years. January's haul of 26.3 billion patacas ($3.27 billion) was the highest figure in the past year bar the month of October which had the week-long Chinese holiday, data from Macau's Gaming Inspection and Coordination bureau showed on Thursday.
Hong Kong, Feb 1 (Reuters) - Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play ...
HONG KONG (AP) — The China arm of Steve Wynn's casino empire said Tuesday it will comply with Macau regulators as they seek more information about sexual misconduct allegations against the Las Vegas billionaire.
Jan 30 (Reuters) - Wynn Macau Ltd: * FORMED SPECIAL COMMITTEE OF WRL BOARD TO INVESTIGATE ALLEGATIONS CONTAINED IN A JAN 26 WALL STREET JOURNAL ARTICLE * SPECIAL COMMITTEE CHAIRED BY PATRICIA MULROY, A ...
Macau's gaming regulator met with representatives of U.S. mogul Steve Wynn in the Chinese controlled territory over claims in a newspaper report that he routinely subjected women who worked for him to unwanted sexual advances. Wynn has denied the accusations published by the Wall Street Journal as "preposterous" and said they were instigated by his ex-wife to seek advantage in their divorce lawsuit. Shares of Wynn Macau continued to fall on Tuesday, sliding 7 percent.