Articles tagged “wynn resorts”

Elaine Wynn Emerges as a Shareholder Activist With a Refreshing Approach

Elaine Wynn Emerges as a Shareholder Activist With a Refreshing Approach

Joe Nocera, Bloomberg

Bloomberg columnist Joe Nocera adds up the victories by Steve Wynn's ex-wife Elaine as she attempts to clean up Wynn Resorts. He rightfully calls her a shareholder activist who breaks the mold because she doesn't have a cut-and-run mindset. Now there's a model for others to follow.

1 month ago

Wynn Resorts Expects to Complete Its Sexual-Harassment Probe by the Fall

Wynn Resorts Expects to Complete Its Sexual-Harassment Probe by the Fall

Christopher Palmeri, Bloomberg

How the multibillion-dollar company conducts itself with regard to the multiple allegations of sexual harassment and abuse lodged against its founder will really determine whether the "new Wynn" can actually succeed.

1 month ago

Elaine Wynn Succeeds as One of Her Ex-Husband’s Allies to Depart Wynn Board

Elaine Wynn Succeeds as One of Her Ex-Husband’s Allies to Depart Wynn Board

Christopher Palmeri, Bloomberg

Given the turmoil at Wynn Resorts, it's probably a good idea to bring as many new board members as possible. The company could benefit from having a fresh group of overseers. Three-fifths of the board has left since February.

1 month ago

Wynn Resorts Is Coming Up With New Ways to Distance Itself From Former CEO

Wynn Resorts Is Coming Up With New Ways to Distance Itself From Former CEO

Christopher Palmeri, Bloomberg

Removing the founder's name from its new property, and requesting executives consult an attorney after talking to him, is a definite sign that Wynn Resorts wants to break with the past. Surely, we can't be far off a total rebrand?

1 month ago

Elaine Wynn Wants Shareholders to Oust Longtime Board Director

Elaine Wynn Wants Shareholders to Oust Longtime Board Director

Associated Press

In her efforts to create a new, post-scandal Wynn Resorts, Elaine Wynn isn't backing down at all. But is this enough for the company to overcome the tarnished reputation her ex-husband has left behind? Still, kudos to her for bringing up the issue of executive compensation. Last year, Steve Wynn was the highest paid hotel CEO, taking home a paycheck of $28 million.

2 months ago

Elaine Wynn Wants to Replace Wynn Resorts Board Members After Harassment Scandal

Elaine Wynn Wants to Replace Wynn Resorts Board Members After Harassment Scandal

Christopher Palmeri, Bloomberg

Elaine Wynn is ready to clean house, and it's probably a good idea considering the stained reputation her ex-husband has left on the casino resort company that bears his name.

2 months ago

Wynn Resorts Competitor Obtains 5 Percent Stake as Steve Wynn Cashes Out

Wynn Resorts Competitor Obtains 5 Percent Stake as Steve Wynn Cashes Out

Christopher Palmeri, Bloomberg

Wynn Resorts competitor Galaxy Entertainment now has an inside track to pick up the pieces of the rubble that Steve Wynn left in his wake.

3 months ago

What Could Happen to Wynn Resorts After Steve Wynn Cashes Out

What Could Happen to Wynn Resorts After Steve Wynn Cashes Out

Anthony Palazzo, Bloomberg

Will Steve Wynn's company follow in the footsteps of Harvey Weinstein's? Will another company want to take it over and, if so, what would it do with a gaming conglomerate whose history is so entwined with a sexual predator?

3 months ago

Steve Wynn Is Out as Wynn Resorts CEO Effective Immediately

Steve Wynn Is Out as Wynn Resorts CEO Effective Immediately

Deanna Ting, Skift

Wynn's departure has us thinking about another hotelier (a hotel brand, really) with much less success in the gaming industry, and even more proof of having committed assaults against women. But, alas, it's proving much tougher to get him to resign.

4 months ago

Wynn Resorts Founder Steve Wynn Subject to Multiple Sexual Harassment Allegations

Wynn Resorts Founder Steve Wynn Subject to Multiple Sexual Harassment Allegations

Christopher Palmeri, Bloomberg

Sadly, Steve Wynn isn't the only major travel or hotel industry executive to be accused of sexual harassment. In fact, another one is currently checked into the White House.

5 months ago

Wynn Resorts Misses Fourth Quarter Profit Expectations

Wynn Resorts Misses Fourth Quarter Profit Expectations

Associated Press

If Macau's revival continues, things could be looking much better for Wynn in 2017.

1 year ago

Wynn Las Vegas Bets Big on Amazon Echo and Voice-Activated Rooms

Wynn Las Vegas Bets Big on Amazon Echo and Voice-Activated Rooms

Deanna Ting, Skift

Will the Amazon Echo eventually become the new iHome docking station of the past? Will this technology be outdated in just a year or more? And more importantly: Is this what people really want from their hotel experience just yet?

2 years ago

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