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Industry
December 28, 2021
Wynn Macau and Melco Resorts Severed Ties with Junkets
Two of the six casino licensees in Macau, Wynn Macau and Melco Resorts, confirmed to have completely cut their ties with junket operators, an article in GGRAsia revealed. Wynn Macau and Melco Resorts The junket sector has been seriously hit after the arrest of Suncity chief executive officer Alvin Chao last month when analysts predicted […]
Poker
December 21, 2021
Wynn Millions Returns on February 21 with $15M GTD Prizes
Good news poker aficionados, the Wynn Millions is back early next year, with the event running from February 21 through March 20. The series is touted as one of the largest to take place outside the World Series of Poker, the focal point of competitive poker in Las Vegas and most of the United States. […]
Business
December 8, 2021
Wynn Resorts Secures Top CFO Talent from Aristocrat
Wynn Resorts Ltd. has announced the appointment of Julie Cameron-Doe as its new chief financial officer. Cameron-Doe will step into her new position in the second quarter of 2022 as she is currently winding down from her responsibilities as CFO at Aristocrat Leisure Ltd. She is a long-standing industry veteran whose experience spans numerous companies. […]
Business
December 6, 2021
Craig Billings Confirmed as new Wynn Macau Boss Starting February
Wynn Macau confirmed that it will follow the US parent Wynn Resorts’ lead. It has decided to appoint Craig Billings to be the new CEO of the company once Matt Maddox leaves early next year. Billings Takes the Helm Billings will assume the role and will be redesigned from a non-executive director to an executive […]
Business
November 25, 2021
Ian Williams Appointed Wynn Interactive President
As WynnBET expands its digital footprint, the company needs well-seasoned veterans to keep securing a share of what is a rapidly expanding industry. The appointment of Ian Williams as president of the company’s interactive division will now help Wynn continue on a growth trajectory that brings its retail expertise into the digital sector and allows it to […]
Business
November 25, 2021
Macau Finds Casino Operators Can be Liable for Junket Partner Debt
On Wednesday, Macau’s Court of Final Appeal upheld a decision that found Wynn Resorts Macau jointly liable for $747,482 debt to a VIP, along with its junket partner, Dore Entertainment. Wynn isn’t satisfied with the outcome and Paulo Martins Chan, a former boss of the Gaming Inspection and Coordination Bureau (DICJ, for its Portuguese acronym), […]
Legal
November 24, 2021
Appellate Court Revives Lawsuit Against Steve Wynn and Wynn Resorts
A sexual harassment lawsuit that was filed against the former CEO of Wynn Resorts, Steve Wynn, and the company itself by nine women will go forward after a decision made by the Court of Appeals for the Ninth Circuit on Tuesday. In the original ruling, the suit was dismissed in July 2020 by James Mahan, […]
Business
November 23, 2021
Wynn Resorts Chair Gives Update on Sudden Departure of CEO
Wynn Resorts’ chairman of the board of directors spoke out on Monday about CEO Matt Maddox’s departure from the company and suggested that he might seek a non-gaming role following his departure. Chairman Phil Satre made a Friday statement stating that Maddox chose to leave the casino operator on his own, although the board of […]
Business
November 12, 2021
Wynn and Austerlitz Call Off $3.2B Merger Agreement
A combination between a special purpose acquisition company (SPAC) and the online gaming arm of a major US casino operator will not materialize after both parties agreed to terminate their previously agreed definitive agreement. Wynn Interactive Re-Thinking Marketing Strategy Wynn Resorts entered, in May of this year, into a definitive agreement with Austerlitz Acquisition Corporation […]
Legal
November 10, 2021
Steve Wynn and Wynn Resorts Execs Saved Once Again By Court Judge
A California federal judge dismissed a suit brought by a woman claiming that corruption and bribery had destroyed a case she had brought against Steve Wynn, the founder and ousted CEO of Wynn Resorts, and other company executives. The judge determined that California wasn’t able to oversee the case. Wynn Wins Another Lawsuit Angelica Limcaco […]