Tag: Wynn

Overall, Wynn's Q4 earnings were down XX%, but Strip casinos (Image: John Locher/AP)

Casino Stocks Crash as Macau Considers Tighter Regulations

Shares of casino stocks tanked on Tuesday after Macau announced it will revise its gambling regulations. In just one day, casino companies operating in the world’s largest gambling center lost roughly $18 billion in stock value. On Tuesday, Macau’s Secretary for Economy and Finance announced a 45-day consultation period for […]

WynnBET Expansion Lights Fiscal Path for Wynn Resorts

WynnBET Expansion Lights Fiscal Path for Wynn Resorts

An announcement that Wynn Resorts is in the process of investing heavily in its online gambling product, combined with the news that a COVID-19 vaccine may be in the offing, resulted in a mammoth win for the resort and entertainment giant (NASDAQ: WYNN) as its stock price surged more than 22% Monday […]