Wynn Resorts reports news on luxury casino and resort operations in Las Vegas, Macau and Boston, along with development activity for Wynn Al Marjan Island in Ras Al Khaimah, United Arab Emirates. Company updates frequently cover quarterly revenue, net income, Adjusted Property EBITDAR, gaming volumes, hotel demand, dividends and share repurchases.
Other recurring announcements describe the hospitality features attached to Wynn properties, including Wynn Nightlife venues, culinary programming, art exhibitions, Forbes Travel Guide awards and guest-experience initiatives. News also includes subsidiary activity at Wynn Macau, Limited and design, construction and operational planning updates for the new integrated resort.
The Memphis Grizzlies have partnered with WynnBET in a multi-year marketing agreement aimed at enhancing the sports betting experience in Tennessee. This partnership will utilize the Grizzlies' digital platforms, including social media and mobile apps, as well as create a dedicated physical space at FedExForum. WynnBET becomes the presenting partner of several Grizzlies shows and introduces a new in-app game, Buzzer Beater Picks, offering fans chances to win prizes. The official launch of the WynnBET mobile experience will coincide with the Grizzlies' final home games.
Wynn Resorts will announce its financial results for Q1 2021 on May 10, 2021, post-market close.
The accompanying conference call is scheduled for 1:30 p.m. PT (4:30 p.m. ET), accessible via www.wynnresorts.com or by dialing (888) 455-5965 (international: (773) 799-3869), access code 3983556.
A replay of the call will be available until June 10, 2021, through the same numbers. The call will also be archived on their website.
WynnBET, a leading sports betting app from Wynn Resorts, launched its mobile sportsbook in Tennessee on April 30, 2021. This marks the sixth state where WynnBET is now operational within nine months. Users can download the app on Apple and Android devices. A marketing collaboration with the Memphis Grizzlies will kick off with events from May 10-14, featuring fan activations and digital campaigns. WynnBET also has market access opportunities in additional states, subject to regulatory approvals.
WynnBET, the online gaming division of Wynn Resorts, has announced a multi-year partnership with Minute Media, enhancing its content marketing and affiliate strategies. This collaboration aims to leverage Minute Media's platform to reach an audience of approximately 60 million monthly users in the U.S. The partnership will produce targeted sports and lifestyle content, alongside advertising initiatives. WynnBET's recent collaboration with Blue Wire Podcasts further emphasizes its efforts in expanding brand awareness and engagement in the sports betting sector.
The Wynn Golf Club introduces an exclusive golf getaway package for guests on the Las Vegas Strip, available until June 30, 2021. Starting at $595 for weekdays and $675 for weekends, the package includes deluxe accommodations, one round of golf, complimentary room upgrades, and a $100 credit for dining or spa services. Additionally, guests can benefit from a 20% discount on door-to-door shipping of golf clubs through Ship Sticks. The golf course, redesigned by Tom Fazio, features lush landscapes, water features, and a new putting green.
WynnBET, a mobile sports betting app from Wynn Resorts, launched in Indiana on April 1, 2021, marking its entry into the fifth state since its New Jersey debut in July 2020. The app expanded rapidly, with launches in Colorado, Michigan, and Virginia in recent months. WynnBET secured market access in Indiana through a multi-year partnership with Full House Resorts. The app is set for further expansion, with potential access in Iowa, Massachusetts, and other states, pending regulatory approvals.
NASCAR partner WynnBET, the digital gaming division of Wynn Resorts, has launched its mobile app in Virginia following the award of an online sports betting permit. This launch is part of a multi-year partnership with NASCAR to enhance sports betting experiences for fans. Players 21 and older can now access the app, offering a $500 risk-free bet. WynnBET is now one of six licensed operators in Virginia and plans to expand its betting options, including live, in-play betting. This move aims to strengthen engagement among NASCAR fans, especially at iconic venues like Richmond Raceway and Martinsville Speedway.
On March 5, 2021, WynnBET announced that it has received a permit to operate online sports betting in Virginia, marking it the tenth state to launch its mobile app. The WynnBET app will soon be available for registration, enhancing its market access opportunities alongside existing states like New Jersey, Colorado, and Michigan. WynnBET is an Authorized Gaming Operator of NASCAR and aims to provide a world-class betting experience. This expansion in Virginia aligns with Wynn's rapid growth strategy in the online gaming sector.
WynnBET, the mobile app from Wynn Resorts, has announced a multi-year partnership with the Detroit Pistons. This collaboration includes new marketing initiatives aimed at enhancing fan engagement through promotions like Wynn Wednesdays, where app users can win prizes. WynnBET plans in-arena activations to provide VIP experiences, alongside traditional sponsorships across various media platforms. The company has also secured partnerships with other sports franchises and is expanding its market access in several states, enhancing its position in the sports betting industry.
Wynn Resorts has successfully retained all 22 Forbes Travel Guide Five-Star awards for 2021, showcasing its leadership in the hospitality industry. It holds the most FTG Five-Star accolades among independent hotel companies, with Wynn Las Vegas, Encore Las Vegas, and Wynn Palace recognized as the top FTG Five-Star resorts globally. Wynn Macau continues to lead with eight FTG Five-Star awards, achieving this distinction for five consecutive years. The Wynn properties also achieved Sharecare Health Security verification to enhance safety protocols.