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Wynn Resorts Ltd.



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Macau, tax benefit boost Wynn Resorts

CHICAGO (MarketWatch) -- Brisk business in Macau and a tax benefit helped lift Wynn Resorts Ltd. to sharply higher profit in the second quarter even as the economic downturn dragged down revenue at its Las Vegas property, the company said Thursday. Wynn earned $272 million, or $2.42 a share, on the period, up from $89.6 million or 82 cents in the year-ago period. Adjusted to exclude...

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‘Wynn Resorts may raise US$3b in HK share sale’

HONG KONG: US casino giant Wynn Resorts Ltd is considering a Hong Kong share sale to raise as much as US$3 billion (US$1 = RM3.24) to help fund the firm’s planned mega resort in the former Portuguese enclave of Macau, a newspaper reported yesterday. UBS, Morgan Stanley and Deutsche Bank have been hired to handle the transaction, the South China Morning Post cited sources as saying. But the sources...

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BeaconEquity.com Issues Trade Alerts on Gaming Stocks: WYNN, LVS, MGM, IGT, BYI, NCTY

Today's Trade Alerts include: Wynn Resorts Ltd. (Nasdaq: ), Las Vegas Sands Corp. (NYSE: ), MGM Mirage (NYSE: ), International Gaming Technology (NYSE: ), Bally Technologies Inc. (NYSE: ) and The9 Limited (Nasdaq:

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Seven Summits Research Releases Comments on GE, MOS, TGT, FDX, and WYNN

... Electric Co. (NYSE: ), Mosaic Co. (NYSE: ), Target Corp. (NYSE: ), FedEx Corporation (NYSE: ), and Wynn Resorts Ltd. (Nasdaq: ). These brief stock reports may contain details regarding recent or anticipated stock moves, resistance and support price levels, insider trades, upgrades, downgrades, and other news from our network of information resources. Reports may also include hedged...

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Looking Inside Wynn's Vault (WYNN)

We just got earnings out of Wynn Resorts Ltd. (NASDAQ: WYNN). The ultra-high-end casino operator posted non-GAAP EPS of $1.11 on revenues of $825.2 million... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Steve Wynn About To Show His Pocketbook (WYNN)

Very shortly after today's close we are going to get a good glimmer into the overall health of casino stocks as Wynn Resorts Ltd. (NASDAQ: WYNN) is going to be... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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Moody's downgrades casinos' bond ratings

... of the year. The service believes the slump could continue.Moody's changed the ratings outlook on Wynn Resorts Ltd., Fountainebleau and Riviera Holdings to "negative" from "stable." Boyd Gaming Corp. was told its bonds were on review for a possible downgrade.The changes and review for the four companies covers more than $6.3 billion in public debt. Wynn Resorts had the largest...

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BeaconEquity.com Issues TraderNotes on Active Stocks: OPSY, WYNN, UCBH, ATML, TRMS, CENX, RSMI, FLWS

DALLAS, July 14 /PRNewswire/ -- BeaconEquity.com announces the availability of TraderNotes on stocks making news today. Investors can view all of the daily trading notes for free by visiting: Today's TraderNotes include: Optical Systems Inc. (Pink Sheets: OPSY), Wynn Resorts Ltd. (Nasdaq: ), UCBH Holdings Inc. (Nasdaq: ), Atmel Corp. (Nasdaq: ), Trimeris Inc. (Nasdaq: ), Century...

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On the Watch: LWSN WYNN CVX

Shares of Lawson Software Inc. may trade actively on Friday, after the business software company guided for adjusted fiscal first-quarter and annual earnings below Wall Street expectations. Elsewhere, Wynn Resorts Ltd. forecast a decline in second-quarter operating income for its Las Vegas property based on preliminary results. However, operating profit at the casino operator’s Macau property...

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Wynn sees strong Macau, weak Vegas income in second quarter

SAN FRANCISCO (MarketWatch) -- Wynn Resorts Ltd. said late Thursday it sees second-quarter operating income in Macau doubling and Las Vegas operating income dropping by more than 50%. The company also announced an increase to its share buyback program. Wynn said operating income for its Las Vegas property will be in the $18 million to $22 million range, compared with $63.4 million last...

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Macau tycoon wins court battle against sister

... in Macau several years ago. Now his 18 casinos must compete with American such newcomers as Wynn Resorts Ltd. and Las Vegas Sands Corp.

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Las Vegas Casino Sues 'Girls Gone Wild' Founder

... Ronn Torossian, said in a statement.Torossian said Francis was waiting for his day in court with Wynn Resorts Ltd. chief executive Steve Wynn, and planned on "exposing how exactly Mr. Wynn deceives his high end customers."Wynn Las Vegas spokeswoman Jennifer Dunne said she could not comment on the specifics of the lawsuit, but said that the casino wouldn't sue unless all other options...

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Las Vegas casino sues 'Girls Gone Wild' founder

... Ronn Torossian said in a statement.Torossian said Francis was waiting for his day in court with Wynn Resorts Ltd. Chief Executive Steve Wynn and planned on "exposing how exactly Mr. Wynn deceives his high-end customers."Wynn Las Vegas spokeswoman Jennifer Dunne said she could not comment on the specifics of the lawsuit but said the casino wouldn't have sued unless other options were...

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Las Vegas casino sues 'Girls Gone Wild' founder

... Ronn Torossian said in a statement.Torossian said Francis was waiting for his day in court with Wynn Resorts Ltd. Chief Executive Steve Wynn and planned on "exposing how exactly Mr. Wynn deceives his high-end customers."Wynn Las Vegas spokeswoman Jennifer Dunne said she could not comment on the specifics of the lawsuit but said the casino wouldn't have sued unless other options were...