Articles tagged “wynn”

The Most Highly Compensated Hotel CEOs of 2017

The Most Highly Compensated Hotel CEOs of 2017

Deanna Ting, Skift

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.

6 days 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.

7 days ago

Shareholders Push Travel Companies to Disclose Political Giving as Mid-Terms Loom

Shareholders Push Travel Companies to Disclose Political Giving as Mid-Terms Loom

Andrew Sheivachman, Skift

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.

1 week ago

Wynn Resorts’ New CEO Signals Changes in First Earnings Call

Wynn Resorts’ New CEO Signals Changes in First Earnings Call

Christopher Palmeri, Bloomberg

It's no longer the House of Wynn. In his first earnings call since founder Steve Wynn left the company amid a sexual harassment scandal, new CEO Matt Maddox said he's pulling back on some grand plans. Could he be readying the gaming and resort giant for a sale?

4 weeks 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.

4 weeks ago

Wynn’s New Boston Casino Resort May Be Sold to MGM

Wynn’s New Boston Casino Resort May Be Sold to MGM

Christopher Palmeri, Bloomberg

So maybe MGM isn't buying all of Wynn Resorts, but hoping to settle for a piece of it in Boston?

1 month ago

Is Wynn Resorts in Play?

Is Wynn Resorts in Play?

Deanna Ting, Skift

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.

2 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?

2 months ago

Getting Rid of Steve Wynn Could Help the Gaming Company in Giant Macau Market

Getting Rid of Steve Wynn Could Help the Gaming Company in Giant Macau Market

Daniela Wei and Bruce Einhorn, Bloomberg

The new license was going to be tough, and Wynn's behavior would have been a factor. The hotel giant needs to make sure it has serious and talented management in place now that he's gone – he can't be secretly operating behind the scenes.

3 months ago

Wynn’s Departure Signals an Opportunity for Women to Rise in Gaming Leadership

Wynn’s Departure Signals an Opportunity for Women to Rise in Gaming Leadership

David Fickling, Bloomberg

Time's up for hospitality and gaming companies: the dearth of women in leadership roles needs to be fixed.

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.

4 months ago

Steve Wynn Eyes a $400 Nightly Rate for His 4th Vegas Hotel

Steve Wynn Eyes a $400 Nightly Rate for His 4th Vegas Hotel

Christopher Palmeri, Bloomberg

For a hotel this size, the price point for Vegas seems ambitious, to say the least.

4 months ago