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.
Wynn Resorts, Limited (NASDAQ: WYNN) generates a steady flow of news related to its luxury casino hotels and integrated resorts in Las Vegas, Boston, Macau, London, and Ras Al Khaimah in the United Arab Emirates. As a member of the S&P 500 Index with properties across several major gaming and hospitality markets, the company issues frequent updates on property performance, development projects, and corporate actions.
Investors and followers of WYNN news will find regular quarterly earnings releases detailing operating revenues, net income, and non-GAAP measures such as Adjusted Property EBITDAR for Wynn Palace, Wynn Macau, Las Vegas operations, and Encore Boston Harbor. These releases often include commentary from management on market share, table games performance, and progress on development projects like Wynn Al Marjan Island.
Company announcements also cover capital markets and financing activities, including offerings of senior notes by Wynn Macau, Limited, amendments to revolving credit facilities, and changes in borrowing capacity. Such items are typically reported through Form 8-K filings and accompanying press releases, providing insight into the company’s balance sheet, liquidity, and debt structure.
Operational and brand news includes updates on major entertainment offerings at Wynn Las Vegas, such as enhancements to the Awakening show, and hospitality programming like the Revelry culinary festival, which brings together culinary teams from Wynn Las Vegas, Wynn Macau, Wynn Palace, and Wynn Al Marjan Island. In addition, Wynn Resorts issues news about international expansion, including details on Wynn Mayfair in London and the design and amenities of Wynn Al Marjan Island and its Enclave component.
Corporate governance and leadership developments, such as changes in the Chief Financial Officer role and other senior positions, are also disclosed through company news. For readers tracking WYNN, this news stream provides context on property-level trends, strategic projects, and financial decisions that influence the company’s long-term profile.
Wynn Resorts reported Q2 2021 financials, showcasing operating revenues of $990.1 million, a substantial increase of $904.4 million from Q2 2020. Despite this growth, the net loss narrowed to $131.4 million, or $1.15 per diluted share, compared to $637.6 million in the prior year. Key metrics included an Adjusted Property EBITDA of $206.9 million, significantly improved from $(322.9) million a year ago. The company noted a strong recovery in demand, particularly in Las Vegas and highlighted the ongoing expansion of WynnBET into six states.
Wynn Resorts, Limited (NASDAQ: WYNN) will announce its financial results for the second quarter ending June 30, 2021, on August 4, 2021, post-market close. The results will be discussed in a live conference call at 1:15 p.m. PT (4:15 p.m. ET). Interested parties can listen at www.wynnresorts.com and call in at (888) 455-5965, with international access at (773) 799-3869. A replay of the conference will be available until September 4, 2021, using the same access codes. For further information, visit the company’s website.
On July 28, 2021, WynnBET and CUMULUS MEDIA launched a multi-year partnership, enhancing WynnBET's marketing reach through CUMULUS's platform, which engages over 250 million monthly listeners. This collaboration positions WynnBET as a major advertising partner for CUMULUS MEDIA, facilitating targeted messaging across radio stations and digital platforms. WynnBET will benefit from national exposure and endorsements, contributing to its growth in the rapidly expanding sports betting market. This partnership signals an aggressive strategy to boost user acquisition and brand engagement.
WynnBET and CUMULUS MEDIA have announced a multi-year partnership aimed at enhancing WynnBET's visibility and user engagement. This collaboration enables WynnBET to leverage CUMULUS MEDIA's reach, which engages over 250 million listeners monthly. The partnership includes national advertising on prominent programming and local promotions across CUMULUS radio stations. Additionally, advanced targeting technology will allow customized messaging to diverse markets. This move is positioned to strengthen WynnBET's brand presence in the rapidly growing sports betting sector.
WynnBET announced the hiring of Claudia Bellofatto as an on-air host and ambassador. Bellofatto brings extensive broadcast experience, having hosted a live sports betting show and contributing to network programs. She will host a sports betting program from the Blue Wire Podcasts Studio at Wynn Las Vegas and provide live commentary on social media. To celebrate her arrival, WynnBET is enhancing the odds for the Red Sox game against Toronto to +150. WynnBET offers mobile sports and casino betting and is expanding its presence across various states.
WynnBET, the mobile sports betting app by Wynn Resorts, has announced a multi-year sponsorship with the Detroit Lions, marking its first partnership with an NFL team. As part of the deal, WynnBET will be the official sportsbook and gaming partner, featuring the WynnBET Sports Bar at Ford Field. This venue will offer live betting lines and amenities for fans. WynnBET will gain access to extensive media visibility through the Lions' platforms and will sponsor a Free To Play game with various prizes. WynnBET aims for rapid expansion with pending licenses in several states.
WynnBET has announced a partnership with sports icons Chad 'Ochocinco' Johnson, Tim Howard, and Nick Mangold as brand ambassadors. The trio will promote the WynnBET app through advertising, live events, and social media interactions. Johnson, a notable influencer, and former NFL player, Howard, a prominent soccer analyst, and Mangold, a Pro Bowl offensive lineman, will enhance WynnBET's visibility. The app is currently available in several states and is planning to expand further in 2021, adding unique features and user-friendly experiences.
WynnBET has announced a multi-year partnership with the Colorado Rockies, becoming the team's proud sports betting partner. This collaboration allows WynnBET to utilize various branding assets, including signage at Coors Field and digital promotion through Rockies' social media. WynnBET will host premium hospitality events and offer fans opportunities to participate in special moments like ceremonial first pitches. The partnership includes in-game promotions and an odds boost for Colorado users betting on the Rockies, highlighting WynnBET's commitment to expanding its presence in sports betting.
WynnBET, the sports betting app of Wynn Resorts, has partnered with the San Carlos Apache Tribe to seek an online sports betting license in Arizona. This collaboration adds Arizona as the 16th state where WynnBET is planning to operate. The app already services states like Colorado, Indiana, and New Jersey, reaching 53% of the U.S. population with plans for further expansion. WynnBET offers a user-friendly experience with various sports betting options and aims to enhance its market presence through this new partnership.
WynnBET announced the construction of a new 1,700-square-foot Blue Wire podcasting studio at Wynn Las Vegas, set to open in August 2021. This state-of-the-art facility will produce content for over 175 podcasts that attract more than 50 million annual downloads. Key highlights include partnerships with NFL legends Cris Carter and Chris Long, who will host new podcasts. The studio aims to enhance the WynnBET brand and energize the sportsbook experience while providing an engaging environment for sports content creation.