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Wynn Resorts Ltd - $WYNN STOCK NEWS

Welcome to our dedicated page for Wynn Resorts news (Ticker: $WYNN), a resource for investors and traders seeking the latest updates and insights on Wynn Resorts stock.

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Wynn Resorts, (NASDAQ: WYNN) reported strong financial results for the first quarter of 2024. Operating revenues reached $1.86 billion, a $439.2 million increase from the same period in 2023. Net income was $144.2 million, compared to $12.3 million in 2023. Adjusted Property EBITDAR was $646.5 million, showing significant growth. The Board of Directors declared a cash dividend of $0.25 per share. Wynn Resorts continues to invest in its properties and development projects to drive long-term growth.

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Wynn Resorts has released new images of Wynn Al Marjan Island, an upcoming luxury resort in Ras Al Khaimah, UAE, marking the company's first beachfront project in the MENA region. The resort features 1,542 rooms, unique dining experiences, luxury boutiques, a spa, and extensive event spaces. Construction began in early 2023 and is expected to be completed in early 2027. The project aims to be a landmark destination in the Middle East North Africa region, offering a blend of luxury, leisure, and entertainment.

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Wynn Resorts, (NASDAQ: WYNN) has announced the release date of its first-quarter financial results for 2024 on May 7, 2024, followed by a conference call. The call will be available for live broadcast on the company's website, with replay options and access codes provided. Interested parties can tune in to discover the latest financial performance of the company.

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Wynn Resorts has released its 2023 Environmental, Social, and Governance (ESG) Report showcasing sustainable initiatives like waste diversion, renewable energy use, and philanthropic efforts. The company aims to become Net-Zero by 2050 and prioritizes animal welfare in its supply chain. Wynn Resorts' commitment to social impact earned it recognition as one of the Best Brands for Social Impact in 2023 by Forbes.

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Wynn Resorts, Limited (NASDAQ: WYNN) has announced the final results of its tender offer to purchase a portion of its outstanding 5.500% Senior Notes due 2025. The Tender Offer saw $680,986,000 in principal amount accepted for purchase out of the $800,000,000 tendered. The company is also redeeming $119,015,000 of the Notes on March 27, 2024.
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Wynn Las Vegas announces Revelry, a culinary festival featuring top chefs, mixologists, and entertainment from June 5-8, 2024. The festival includes master classes, collaborative dinners, and a grand tasting event. Ticketing and event details are available online.
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Wynn Resorts, Limited announces early results and upsizing of tender offer for 5.500% Senior Notes due 2025. The company's subsidiary, Wynn Las Vegas, LLC, accepted $677,975,000 in principal amount for purchase. The Tender Offer expires on March 8, 2024, with early settlement on February 23, 2024, and final settlement on March 11, 2024.
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Wynn Resorts, Limited announced a cash tender offer to purchase a portion of its 5.500% Senior Notes due 2025 in a principal amount of up to $800 million. The terms and conditions of the Tender Offer are detailed in an Offer to Purchase, dated February 8, 2024. Holders of Notes must validly tender and not validly withdraw their Notes by February 22, 2024, to be eligible to receive the Total Consideration.
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Wynn Resorts, Limited announced the pricing of $400 million aggregate principal amount of 7.125% Senior Notes due 2031 in a private offering. The net proceeds will be used to repurchase existing senior notes and for general corporate purposes. The offering is made pursuant to an exemption under the Securities Act of 1933.
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Wynn Resorts, Limited is offering an additional $400 million aggregate principal amount of 7.125% Senior Notes due 2031 in a private offering. The Notes will be issued as additional notes under a supplemental indenture and will be treated as a single series with the existing notes. The net proceeds from the offering will be used for repurchasing outstanding 5.500% Senior Notes due 2025, paying related fees and expenses, and for general corporate purposes.
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Wynn Resorts Ltd

Nasdaq:WYNN

WYNN Rankings

WYNN Stock Data

10.90B
94.03M
15.25%
63.19%
4.45%
Casino Hotels
Accommodation and Food Services
Link
United States of America
LAS VEGAS

About WYNN

wynn resorts, limited is traded on the nasdaq global select market under the ticker symbol wynn and is part of the s&p 500 index. wynn resorts owns and operates wynn las vegas, encore boston harbor, wynn macau and wynn palace, cotai.wynn resorts holds more forbes travel guide five stars than any other independent hotel company in the world.