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Wynn Resorts Ltd. - WYNN STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wynn Resorts Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wynn Resorts Ltd.'s position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
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Rhea-AI Summary
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.
Rhea-AI Impact
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End-of-Day
-0.63%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.7%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.29%
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none
Rhea-AI Summary
Wynn Resorts, Limited (NASDAQ: WYNN) reported a significant increase in operating revenues and net income for the fourth quarter of 2023 compared to the same period in 2022. Operating revenues were $1.84 billion, up by $835.5 million, and net income attributable to Wynn Resorts, Limited was $729.2 million, compared to $32.4 million in 2022. The increase in net income was mainly due to higher operating revenues from Macau and Las Vegas, as well as an income tax benefit. Diluted net income per share was $6.19, and Adjusted Property EBITDAR reached a new all-time record of $630.4 million. Wynn Resorts is also making progress in the development of Wynn Al Marjan Island in the UAE, which is expected to be a prominent tourism destination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.29%
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Rhea-AI Summary
Wynn Resorts has been named the highest ranked gaming resort company on FORTUNE Magazine’s World’s Most Admired Companies list for 2024. The company also placed first among all hotel companies in the Quality of Products/Services category for the fifth time. CEO Craig S. Billings expressed gratitude for the recognition and highlighted the efforts of the company's global workforce. Wynn Resorts also ranked in the top two for Innovation and received high marks for Social Responsibility, People Management, Quality of Management, Financial Soundness, Long-Term Investment, and Global Competitiveness. The company's service-driven mentality and prestigious concierge team have earned it the most Forbes Travel Guide Five-Star Awards of any independent hotel company in the world.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
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Rhea-AI Summary
Wynn Resorts, Limited (WYNN) will release its Q4 2023 financial results on February 7, 2024, followed by a conference call. Interested parties can access the call via the company's website or by phone. A replay will be available until March 7, 2024. Contact information and access codes are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
Tags
earnings
Rhea-AI Summary
Wynn Las Vegas announces a lineup of programming for the Big Game weekend, including celebrity-centric events, themed activities, and exclusive pop-up activations. The festivities range from nightlife events to viewing parties, offering an extensive lineup of experiences for sports enthusiasts and guests. The resort will also offer limited room reservations for the weekend.
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Rhea-AI Sentiment
End-of-Day
0.34%
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Wynn Resorts Ltd.

Nasdaq:WYNN

WYNN Rankings

WYNN Stock Data

11.41B
93.88M
15.25%
63.29%
3.7%
Casino Hotels
Accommodation and Food Services
Link
US
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.