WYNN News & Events

Nevada Gaming Control Board reports February Las Vegas Strip gaming win up 0.86% versus last year to $1.07B. Publicly traded companies in the gaming space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).

Wynn Resorts offered an update, current as of time of issue, on Wynn Al Marjan Island, its resort under development in Ras Al Khaimah, in the United Arab Emirates, or UAE: "The Company continues to be in regular communication with the governments of the United States and Ras Al Khaimah, UAE, so that we can make informed decisions. The Company believes the broad defense posture of the UAE has worked extremely well, and we have confidence in the UAE's ability to keep its population safe. We note that for broad segments of the local population, business continues to follow normal patterns. Our project construction has resumed following a short pause. Steps have been taken to ensure the safety and security of all employees working on site. The Wynn Design and Development team overseeing the construction, architecture, and design of project, and the resort executive team leading operational strategy and planning, have been able to continue their work in a consistent manner. Wynn employees have been offered the opportunity to work from abroad, if their home embassy recommends they do so. We will continue to closely monitor the situation; any additional impacts on the project will be assessed in due course. The Company thanks its employees and the construction teams in the UAE for their truly remarkable commitment and professionalism during this extraordinary time."

The Nevada Gaming Control Board reports January Las Vegas Strip gaming win down 11% to $747.66M versus last year. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).

Kyle Langford, a Republican candidate for governor in California, has been fined $2,246.36 by Kalshi for violating its rules for making prediction-market wages on its platform, Krystal Hur of The Wall Street Journal reports. Langford was fined and banned from using the platform for five years after betting on his own victory for California governor. The platform prohibits candidates in a political race from betting in markets related to their own elections. Artem Kaptur, a video editor for YouTube streamer MrBeast, has similarly been fined $20,397.58 due to trading on markets tied to MrBeast's videos. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).