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"Wynn Resorts" Tag Results

US Justice Department Sues Las Vegas Casino Mogul Steve Wynn
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US Justice Department Sues Las Vegas Casino Mogul Steve Wynn

Steve Wynn, one of the country’s most powerful casino moguls, has been charged by the Justice Department. The lawsuit wants him to register as a foreign agent for lobbying work he allegedly did on behalf of China during Trump’s presidency. According to the lawsuit, in 2017, Wynn allegedly pressed then-President Donald Trump and others in […]
Wynn Resorts Stops Development Plans on the Encore Boston Harbor in Everett
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Wynn Resorts Stops Development Plans on the Encore Boston Harbor in Everett

Wynn Resorts has put a pause on developments across the Encore Boston Harbor in Everett. The development includes restaurants, an entertainment venue and a parking garage. This sudden cessation is attributed to the need to re-evaluate development plans. According to a statement made by Chief of Community Affairs of the Massachusetts Gaming Commission, Joe Delaney, […]
California Judge Dismisses Lawsuit against Wynn Resorts Executives and Steve Wynn
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California Judge Dismisses Lawsuit against Wynn Resorts Executives and Steve Wynn

On 29th October, Judge Ronald Lew dismissed bribery charges brought against Steve Wynn and his executives. The case got filed by a former salon manager at the Wynn Las Vegas. Besides having no grounds in a California court, the judge claimed there weren’t enough facts to support the allegations made. He stated there were too […]
Federal Judge Revives Investor Claims against Wynn Resorts
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Federal Judge Revives Investor Claims against Wynn Resorts

A federal judge in Nevada is reviving the class-action lawsuit against Wynn Resorts Ltd. According to the lawsuit, executives at the company were aware of former CEO and founder Steve Wynn’s behavior but chose to ignore or act on reports of sexual harassment and misconduct originating from the alleged victims of the retired casino mogul. […]
Wynn Resorts Agrees to $5.6m Settlement with Dealers
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Wynn Resorts Agrees to $5.6m Settlement with Dealers

Wynn Resorts Ltd. has agreed to pay $5.6 million to 1,000 current, and former dealers who have been working at Wynn Las Vegas and Encore, court documents seen by the Las Vegas Review-Journal have revealed.  Based on a ruling signed by US District Judge Andrew Gordon,: “the court [found] the proposed settlement is a fair […]
Fitch Predicts 2024 Recovery for Las Vegas Casinos
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Fitch Predicts 2024 Recovery for Las Vegas Casinos

Fitch Ratings Service has predicted a lengthy road to recovery for Las Vegas casinos. While many jurisdictions have been recovering fairly quickly, Las Vegas seems to be struggling to fill up its 150,000 hotel rooms and bring back faithful casino players and business travelers who are not too reluctant to return, but local regulations may […]
Pennsylvania Looking to Expand Video Gambling in Bars
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Pennsylvania Looking to Expand Video Gambling in Bars

A Senate panel has been presented with a new proposal that outlines the possible expansion of video gaming terminals to taverns, bars and social clubs in Pennsylvania. The issue has been the subject of some intense debating between various lobbyists who have been pushing for new gaming solutions, including video-game style devices and games of […]
William Hill Acquires CG Technology with Nevada’s Blessing
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William Hill Acquires CG Technology with Nevada’s Blessing

William Hill has received the formal approval of Nevada regulators to acquire CG Technology. The move allows the company to assume control over four additional casinos on the Las Vegas Strip and specifically their sports betting product. The four sportsbooks are available at The Venetian, The Palazzo, The Cosmopolitan and Silverton. William Hill first announced […]
US Casinos Shutdown As the Coronavirus Tighens Its Grip
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US Casinos Shutdown As the Coronavirus Tighens Its Grip

The novel coronavirus outbreak has been dominating the news, posing one challenge after another ahead of countries and their economies. Casinos and gambling establishments across the United States have been faced with the same qualms as most entertainment industries out there, and the forecasts have been dispiriting. Estimated 11% of the global gambling market will […]