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Would the loss of a gaming license in Boston spell doom for Wynn Resorts? We’ll have to wait and see.
Christopher Palmeri and Janelle Lawrence , Bloomberg | 3 years ago
A mere $20 million in fines is nothing for a company that made $6.72 billion in operating revenues last year. Wynn Resorts is certainly lucky to have retained its gaming licenses in Nevada, too.
Nick Turner, Bloomberg | 3 years ago
Does this really signal the "new Wynn" or is this just more of the same?
Christopher Palmeri , Bloomberg | 4 years ago
The power struggle at Wynn Resorts continues. Changing the board is one step, but is it enough to ensure the company's future success?
Christopher Palmeri, Bloomberg | 4 years ago
We can only hope that a large portion of Steve Wynn's $34 million compensation from last year will go to his multiple alleged victims.
Deanna Ting, Skift | 4 years ago
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.
Travel isn't as big a political player as some other industries, but major players wield significant influence over political candidates and the issues surrounding airports and hotels. More transparency is a good thing, particularly for shareholders who may fear a decline in stock value due to political positioning based on the whims of a company's CEO.
Andrew Sheivachman, Skift | 4 years ago
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.
Associated Press | 4 years ago
So maybe MGM isn't buying all of Wynn Resorts, but hoping to settle for a piece of it in Boston?
Perhaps more important than who might eventually wind up buying Wynn is what a buyer would have to do with the brand's tarnished image.
