Articles tagged “wynn resorts”

Tourism

Macau Brings Back Restrictions, Locks Down Casino Even as China Eases Visa Rules

China may have loosened visa rules for the gambling hub, but casino resort operators of Macau will have to wait a little longer before they get back to business.

Farah Master, Reuters | 1 year ago

Tourism

UAE’s Ras Al Khaimah Faces Hard Balance Between Tourism Ambitions and Sustainability

Even as it calls itself a nature-based emirate, Ras Al Khaimah is keen to earn the reputation of being a leading meetings, incentive, conference and event hub. The emirate is adopting a measured approach with a controlled pipeline of sustainable development to help strike a balance.

Peden Doma Bhutia | 2 years ago

Coronavirus

Casino Resorts Look to Diversify Asia Growth Beyond Macau

MGM Resorts International and Las Vegas Sands aren’t writing off Macau, but they also aren’t solely focusing on China’s gaming hotspot for growth in Asia.

Cameron Sperance | 2 years ago

Hotels

Wynn to Build UAE Luxury Resort Paving Way for Possible Gambling

The resort, located on man-made island Al Marjan, won't be ready until 2026. The question is whether the sheikhdom will have relaxed the rules around gambling by that point.

Lisa Barrington and Aziz El Yaakoubi, Reuters | 2 years ago

Hotels

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

Increased oversight from Chinese regulators in Macau threatens a massive financial hit to U.S. gaming resort operators. But don’t expect this to lead to a mass exodus to other gaming markets in Asia.

Cameron Sperance | 3 years ago

Coronavirus

Travel Helps to Fuel the Record-Setting $100 Billion in SPAC Deals Announced This Year

Travel companies increasingly looked to go public via SPACs this year, but the exuberance might be short-lived as a slowdown is likely in the U.S. Regulators are already looking into the explosion of activity.

Cameron Sperance, Skift | 3 years ago

Coronavirus

Wynn Resorts Will Unleash Online Gaming Into a Public Company

Casino companies like Wynn Resorts accelerating their push into online gaming isn't a sign sprawling gaming resorts are endangered species. This is about reaching customers who aren't the type to spend a few days in Las Vegas or Macau.

Cameron Sperance, Skift | 3 years ago

Coronavirus

Hotel Union Frustrations Boil Over as Deeper Job Cuts Coming

Unite Here, one of the largest North American labor unions, is angry at hotel companies for laying off a bulk of their workforce during the pandemic. But companies like Wynn Resorts and Omni are pushing back against what they see as unfair criticism.

Cameron Sperance, Skift | 3 years ago

Coronavirus

Short Sellers Lost Billions as Travel and Leisure Stocks Rallied Monday

For more evidence of the travel industry's current volatility, look no further than the billions of dollars certain funds lost following news of a vaccine.

Tommy Wilkes and Saqib Iqbal Ahmed, Reuters | 3 years ago

EventMB

Wynn Resorts Bets on Testing for a Faster Return to Events

4 years ago