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Wynn says Okada motion recycles old claims
Wynn Resorts, ensnarled in a lawsuit with its one-time largest shareholder, dismissed as old "baseless allegations" a motion by Japanese pachinko tycoon Kazuo Okada to stop the casino from forcibly buying his shares. Wynn Resorts6/12/2013
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Wynn Resorts Finances Lobbying Effort For Massachusetts Casino
(Massachusetts) -- With just more than a week before a crucial referendum on a Wynn Resorts Ltd. project, a group of volunteers & business owners are going door-to-...
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Wynn Resorts finances lobbying effort for Massachusetts casino
(Massachusetts) -- With just more than a week before a crucial referendum on a Wynn Resorts Ltd. project, a group of volunteers and business owners are going door-to-...
5/27/2013
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Wynn fights university donation lawsuit
(Las Vegas) -- Steve Wynn and other directors of casino operator Wynn Resorts Ltd have asked a federal judge in the United States to dismiss an amended lawsuit by...
5/22/2013
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On top of big salaries, companies like Wynn Resorts pile on perks for CEOs
(Las Vegas) -- Wynn Resorts kept a suite open all year at its tony Las Vegas hotel and casino for founder and CEO Steve Wynn, at a cost of nearly $452,000.
5/16/2013
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COLUMN: The magical mogul
(Massachusetts) -- Think of Everett as a plain, unglamorous woman, who secretly burns with passion for the right suitor. Against all odds, a mesmerizing billionaire...
5/14/2013
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Wynn reiterates: Nevada casinos 'in ill health'
(Nevada) -- Wynn Resorts Ltd. Chairman Steve Wynn defended his recent remarks to Nevada lawmakers on the health of the gaming industry while voicing support for a broad-...
5/11/2013
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7 Reasons I Like The Odds On Wynn Resorts
(Wall Street) -- The Wynn Resorts (WYNN) owns and operates Wynn Las Vegas, Encore and Wynn Macau. Wynn Las Vegas, a luxury hotel and destination casino resort located on...
5/3/2013
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Wynn Resorts and Okada Must Freeze Their Legal Battle to Let the Feds Pursue Okada’s Alleged Casino Bribery
(Las Vegas) -- Two casinos have been at each other’s throats, Wynn Resorts Ltd and those owned by Kazuo Okada; the owners used to be on good terms, but when Wynn...
5/2/2013
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Judge puts civil case between Wynn, Okada on hold
(Las Vegas) -- The messy lawsuit over the way Wynn Resorts Ltd. forcibly bought back the entire stake of Kazuo Okada, its former largest shareholder, has been put on...
4/28/2013
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Wynn Macau Q1 net revenue near US$1 bln
(Macau) -- Adjusted property EBITDA up 14 pct, beating analyst consensus, despite y-o-y fall in VIP chip turnover
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Wynn Resorts profit on the rise thanks to Vegas bump, but Macau growth slows
(Wall Street) -- Wynn Resorts Ltd., the casino company run by billionaire Steve Wynn, reported first-quarter profit that beat analysts’ estimates, helped by gains...
4/26/2013
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An Ex-Wife Threatens Steve Wynn’s Casino Empire
(Las Vegas) -- He’s been kicked out of a company. He’s been through a $750 million divorce. He argued down the ransom demands of men who kidnapped his...
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Wynn Holding Steady in Macau
(Macau) -- Cotai is no doubt the hottest area of Macau for gaming and Wynn Resorts' results from the first quarter are another data point showing one of the...
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Wynn Resorts earns $202.9 million in first quarter, tops expectations
(Las Vegas) -- Wynn Resorts Ltd. first-quarter profit rose modestly but enough to easily beating analysts’ expectations as the gaming company reported higher...
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Wynn Wary Of Online Expansion
(Las Vegas) -- Wynn Resorts will focus its immediate expansion attention on new mega-casino projects in Cotai, Boston, Philadelphia and possibly Toronto, but will move...
4/25/2013
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Steve Wynn says urban hotels will focus on luxury over gaming
(Las Vegas) -- A record quarter for revenue in Macau and a 6.6 percent increase in Las Vegas lifted Wynn Resorts to a 44.4 percent increase in first-quarter earnings for...
4/22/2013
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Okada-Wynn feud escalates with release of new report
(Las Vegas) -- Allegations of misconduct used by Wynn Resorts Ltd. to oust a Japanese billionaire as a majority shareholder were based on a “deeply flawed”...
4/19/2013
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Former Wynn Partner Revels In Some Good News
(Las Vegas) -- You can’t blame him for bragging. Gambling industry billionaire Kazuo Okada hasn’t had much to brag about in recent many months as he has...
4/12/2013
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Credit Spread – Wynn Resorts Ltd. (WYNN)
(Wall Street) -- Many people have compared trading to gambling. Truth be told, there are quite a few similarities. Both traders and gamblers are trying to put the odds...
4/9/2013
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U.S. Seeks to Intervene in Wynn Resorts’ Okada Case
(Las Vegas) -- The U.S. is seeking to intervene in the lawsuit that Wynn Resorts Ltd. (WYNN) brought against former director Kazuo Okada, whom the casino operator...
4/5/2013
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Wynn details proposed Fishtown casino
(Pennsylvania) -- Gaming mogul Steve Wynn has proposed Wynn Philadelphia, a casino & high-rise, all-suite hotel planned for 60 acres on the - Delaware River in...
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Trade Idea: Short this casino operator
(Wall Street) -- Luxury hotel and casino operator Wynn Resorts Ltd (WYNN: NASDAQ) often acts well technically, so from a swing-trading perspective makes for a good watch...
3/28/2013
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Marc Schorr to retire as chief operating officer of Wynn Resorts
(Las Vegas) -- Marc Schorr, chief operating officer of Wynn Resorts Ltd., will retire effective June 1, the Las Vegas-based gaming company said Thursday in a filing with...
3/21/2013
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Wynn Resorts criticizes fund's lawsuit
(Las Vegas) -- Wynn Resorts Ltd. on Wednesday criticized an amended lawsuit by a Louisiana public employee pension fund that claims the Las Vegas-based gaming company...
3/12/2013
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Timothy Poster resigns as COO of Wynn Las Vegas
(Las Vegas) -- Timothy Poster resigned Monday as chief operating officer of Wynn Las Vegas less than a month after he was promoted to replace Maurice Wooden. Wooden is...
3/8/2013
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Kazuo Okada summoned to Nevada Gaming Control Board hearing
(Las Vegas) -- Kazuo Okada, chairman of Universal Entertainment Corp., and three other directors of the Japanese gaming company will be in Las Vegas next week for a...
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Wynn Resorts ranks fifth on Fortune's most admired hotel, casino list
(Las Vegas) -- Wynn Resorts Ltd. again ranks among the highest large hotel-casino operators in Fortune magazine's annual rankings of the most admired companies in...
3/6/2013
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Wynn Resorts retracts some accusations in lawsuit, Okada says
(Las Vegas) -- Wynn Resorts Ltd., the gaming company controlled by Steve Wynn, retracted some accusations made in a lawsuit against his former business partner, Kazuo...
3/3/2013
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Opinion: Wynn backs tip pool
(Las Vegas) -- Casino magnate Steve Wynn called me Friday to lodge his objections to my column on the tip-pooling policy he implemented at his eponymous hotel in 2006.
2/26/2013
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Wynn Resorts, Guy Savoy given five-star awards by Forbes
(Las Vegas) -- Wynn Resorts Ltd. and Restaurant Guy Savoy are among the 2013 Forbes Five-Star Award winners.
2/24/2013
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Okada quits Wynn board
(Washington D.C.) -- Japanese gambling tycoon Kazuo Okada announced Thursday he was resigning from the board of casino operator Wynn Resorts, a day before the company...
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Okada quits Wynn board ahead of shareholder vote
(Macau) -- Kazuo Okada, the Japanese billionaire facing removal from Wynn Resorts Ltd.’s board of directors, resigned ahead of a shareholder vote he was certain to...
2/22/2013
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Wynn Resorts shareholders oust Kazuo Okada from board
(Las Vegas) -- Wynn Resorts Ltd. stockholders voted overwhelmingly to remove company co-founder Kazuo Okada from its board of directors during a special shareholder...
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Wynn Resorts shareholders vote against Okada
(Las Vegas) -- Wynn Resorts Ltd. said Friday that its shareholders voted overwhelmingly to remove Kazuo Okada from the company's board, but the Japanese billionaire...
2/21/2013
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Okada Steps Down From Wynn's Board
(Las Vegas) -- In a final split with Wynn Resorts Ltd., Japanese businessman Kazuo Okada said Thursday he would resign effective immediately from the board of the casino...
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Wynn Director Okada Resigns Ahead of Shareholder Vote
(Las Vegas) -- Kazuo Okada, the Japanese billionaire facing removal from Wynn Resorts Ltd. (WYNN)’s board of directors tomorrow, resigned ahead of a shareholder...
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Wynn Fight Continues, But Kazuo Okada Resigns From The Board
(Las Vegas) -- Wynn Resorts Ltd. is perhaps one of the craziest infighting scenarios that investors have seen in modern times. The fight for control and influence has...
2/19/2013
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Wynn – Okada showdown could leave both wounded
(Las Vegas) -- If the - desert dust-up between billionaire gambling men Steve Wynn & Kazuo Okada were one of those old black-and-white Westerns, this would be the -...
2/15/2013
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Judge won’t halt attempt to oust Wynn board member
(Las Vegas) -- A Japanese billionaire lost his bid Friday to halt a move by Wynn Resorts Ltd. to oust him from its board.
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Okada denied bid to stop Wynn Resort's special shareholders meeting
(Las Vegas) -- Japanese gaming tycoon Kazuo Okada lost his bid Friday to halt the Wynn Resort Ltd. special shareholders meeting on Feb. 22 that would oust him from the...
2/13/2013
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Wynn Macau raises salaries by 5 percent
(Macau) -- Wynn Macau Ltd announced a 5-percent salary increase on Monday, effective March, for all non-senior management employees.
2/4/2013
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Wynn 4Q profit down but revenue beats expectations
(Las Vegas) -- Wynn Resorts Ltd.'s fourth-quarter profit slipped due to higher tax expenses and weaker revenue from China, but the casino operator managed to beat...
2/2/2013
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Wynn Earnings: Macau Results Fall Behind Competitors
(Las Vegas) -- The earnings reports from Las Vegas Sands (NYSE: LVS ) & Wynn Resorts (NASDAQ: WYNN ) over the - last two days couldn’t have been any more...
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Wynn Macau profits slump 18pc
(Macau) -- Wynn Macau, controlled by Las Vegas' Wynn Resorts, yesterday reported the worst results among all listed gaming resorts in Macau by posting an 18 per cent...
2/1/2013
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Over-reliance on ‘VIPs’ hurts Wynn Macau
(Macau) -- Wynn Macau, a division of Las Vegas billionaire Steve Wynn’s empire, suffered an 18 per cent drop in quarterly net profit which analysts blamed on the...
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BLOG: Macau Weighs Down Wynn's 4Q
(Las Vegas) -- Wynn Resorts Ltd.’s (WYNN) fourth quarter 2012 adjusted earnings of $1.17 per share fell short of the - Zacks Consensus Estimate of $1.26 as well as...
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WYNN NASDAQ: WYNN Reported After the Close Thursday, Doubled its Dividend
(Wall Street) -- Wynn Resorts Ltd. reported Q-4 and FY 2012 results after markets closed Thursday. For the Quarter, the casino and resort operator posted EPS of 1.17 on...
1/31/2013
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Wynn set to start construction on $3.5 billion Macau resort
(Macau) -- Wynn Resorts Ltd. will begin construction of its multibillion-dollar Macau resort on the Cotai Strip the day after Chinese New Year — Feb. 11 —...
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Wynn Resorts posts lower fourth-quarter earnings, cites Macau decline
(Wall Street) -- Wynn Resorts Ltd., owner of Wynn Las Vegas, Encore and resorts in Macau, on Thursday posted fourth-quarter earnings that fell short of analyst...
1/25/2013
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Wynn director seeks to halt meeting to remove him
(Las Vegas) -- A Japanese billionaire is asking a federal judge to halt an attempt by Wynn Resorts Ltd. to oust him from its board.
1/22/2013
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Daily Mail Apologizes To Casino Owner Steve Wynn
(UK) -- London-based media outlet the Daily Mail issued an apology to Las Vegas casino owner Steve Wynn. According to the newspaper, it falsely stated that Wynn had...
1/15/2013
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Old ties could hurt Wynn lawsuit
(Las Vegas) -- Personal and business ties that date back more than a decade between Steve Wynn and Japanese gaming magnate Kazuo Okada could come to hurt the lawsuit...
1/7/2013
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Gamal Aziz jumps from MGM Hospitality to new post with Wynn
(Las Vegas) -- One of Steve Wynn’s favorite resort officials is rejoining his operation in a newly formed international resort division.
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Wynn forms subsidiary to develop hotels outside of Las Vegas
(Las Vegas) -- Wynn Resorts Ltd will form a new subsidiary to develop hotels and casinos outside Las Vegas, to be headed by Gamal Aziz, the former president and CEO of...
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Wynn Resorts Lures MGM Executive for New Casino-Development Unit
(Las Vegas) -- Wynn Resorts Ltd. (WYNN) hired an executive from MGM Resorts International (MGM) to head a new development division, signaling it wants to build casinos...
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Wynn Resorts to expand worldwide reach
(Las Vegas) -- Wynn Resorts Ltd., owner and operator of casinos in Las Vegas and Macau, is launching a new business focused on developing gaming and nongaming properties...
1/6/2013
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Wynn resorts seeks to oust director Okada at Feb. 22 meeting
(Macau) -- Wynn Resorts Ltd. scheduled a special Feb. 22 shareholder meeting to vote on the proposed ouster of Kazuo Okada, once the casino company’s largest...
1/4/2013
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Wynn Resorts seeks to remove Okada at Feb. 22 meeting
(Las Vegas) -- Wynn Resorts Ltd., the gaming company controlled by Steve Wynn, scheduled a Feb. 22 shareholder meeting at Wynn Las Vegas to vote on the proposed removal...
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Steve Wynn swaps golf acreage for jets
(Las Vegas) -- Steve Wynn, founder and chairman of Wynn Resorts Ltd., on Friday terminated an option to buy a 2-acre tract on the company's golf course in Las Vegas...
12/27/2012
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Steve Wynn ends 2012 flying high with a new $65 million jet
(Las Vegas) -- You can never anticipate what sort of information you’ll uncover while traipsing across the Intermountain West.
12/16/2012
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Wynn Resorts seeks to remove Okada from its board
(Macau) -- Wynn Resorts Ltd., the casino company controlled by Chairman Stephen Wynn, sought to remove Japanese billionaire Kazuo Okada from its board, the latest volley...
12/14/2012
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Wynn Resorts plans to remove Okada from company board
(Las Vegas) -- Wynn Resorts Ltd., the gaming company controlled by Steve Wynn, is seeking to remove co-founder Kazuo Okada from its board, the latest round in a...
12/13/2012
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Wynn GC embodies The Strip's grandiosity
(Las Vegas) -- Spend enough time in this oasis of a town and you’ll end up thinking it’s for real. Or so it seems – which is pretty good for a faux...
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Okada firm sues casino owner before DOJ
(Philippines) -- Japanese billionaire Kazuo Okada’s Tiger Resort Leisure & Entertainment Inc. has lodged with the Department of Justice (DOJ) a criminal...
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Universal accuses Wynn of libel in Philippines lawsuit
(Philippines) -- Japan's Universal Entertainment Corp (6425.OS) said on Thursday it had filed a criminal complaint in the Philippines against the chairman of Wynn...
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Universal files criminal complaint against Wynn in Philippines
(Philippines) -- Universal Entertainment Corp. said Thursday it had filed a criminal complaint in the Philippines against Wynn Resorts Ltd. Chairman and CEO Steve Wynn,...
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Wynn Revamps Board, Aims to Remove Okada
(Wall Street) -- Steve Wynn's casino company, Wynn Resorts Ltd., WYNN +0.67% announced changes Thursday that will weight its board more towards independence in a...
11/22/2012
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Wynn Resorts, others paying special dividends before '13
(Las Vegas) -- Wynn Resorts Ltd. has joined a long list of companies paying special dividends before the end of the year, to help investors avoid a larger tax bill in...
11/19/2012
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Steve Wynn and other US company bosses plan payouts ahead of fiscal cliff
(USA) -- Casino magnate Steve Wynn is cashing in some chips as he bets the row over the fiscal cliff in Washington will cost shareholders dear next year. He is not alone.
11/15/2012
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Coolican: Steve Wynn much better suited to casinos than politics
(Las Vegas) -- For years now, we’ve been hearing the rich baritone carnival bark of Steve Wynn, who never misses an opportunity to attack President Barack Obama...
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Wynn Resorts ordered into arbitration over disputed fee
(Nevada) -- An appellate court ruling will force Wynn Resorts Ltd. into arbitration over a disputed fee to an investment bank it hired in the depths of the recession but...
11/13/2012
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Okada's counterattck against Wynn Resorts scaled back
(Nevada) -- Kazuo Okada's counterattack against Wynn Resorts Ltd. for the forced redemption of his shares in February was trimmed at a Tuesday hearing but largely...
11/12/2012
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Leighton to build Macau gambling hotel
(Macau) -- A Leighton Holdings subsidiary has been selected as the preferred proponent by US group Wynn Resorts to design and build the Wynn Cotai hotel resort in Macau...
11/9/2012
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Steve Wynn again wants to build a Philly casino
(Philadelphia) -- Steve Wynn has become the third contender to offer to build a casino and hotel in Philadelphia, on a 60-acre site on the Delaware River waterfront in...
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Wynn Resorts to bid for casino in Philadelphia
(Las Vegas) -- Steve Wynn is going to bid for the last casino license in Philadelphia. The chairman of Wynn Resorts Ltd. proposes to build a 150,000-square-foot casino...
11/8/2012
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Steve Wynn proposes riverfront casino in Fishtown
(Philadelphia) -- Steve Wynn wants to come back to Philadelphia and will apply for a license to build a casino and hotel on about 60 acres of waterfront land in Fishtown.
11/7/2012
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MOTLEY FOOL: Is Wynn Resorts Really Worth More Than $110?
(Wall Street) -- If Macau gambling is back, then Wynn Resorts (NAS: WYNN) may be able to double down on its growth prospects, which would dovetail nicely with its plans...
11/3/2012
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Letter knocks Wynn board exclusion
(Nevada) -- Although Kazuo Okada dropped his plan for a proxy battle last month, he still sent his greetings to the Wynn Resorts Ltd. annual meeting on Friday.
10/25/2012
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Wynn Resorts Up As Las Vegas Trumps Slumping Macau
(Wall Street) -- Wynn Resorts shares leapt near midday after the casino resorts operator reported third quarter profit late Wednesday that, for the first time this year...
10/24/2012
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Wynn Macau Profit Declines as High Rollers Cut Back
(Las Vegas) -- Wynn Macau Ltd., a unit of billionaire Steve Wynn’s Las Vegas-based casino operator, reported a 3.1 percent drop in third-quarter profit as high...
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Wynn profit falls, despite steady performance in Las Vegas
(Las Vegas) -- Casino resort operator Wynn Resorts Ltd. today said its third quarter profit fell as net revenue remained steady. The company earned $112 million, or $1....
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Wynn Resorts third-quarter profit declines, revenue flat
(Las Vegas) -- Wynn Resort Ltd., the casino company funded by Steve Wynn, said Wednesday its profit fell almost 12 percent in the third quarter as a debt-related expense...
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Wynn Resorts' 3Q profit falls on expenses
(Las Vegas) -- Wynn Resorts Ltd.'s profit fell nearly 12 percent in the third quarter, as a debt-related loss boosted expenses for the casino operator.
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Las Vegas Is Back! Wynn Rallies On Sin City Strength Despite Macau Weakness
(Las Vegas) -- Wynn Resorts posted a nice earnings beat as Las Vegas, not Macau, fed the bottom line. The large casino and hotel operator also managed to raise its...
10/19/2012
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Okada drops effort to nominate Wynn Resorts board members
(Nevada) -- Billionaire Wynn Resorts Ltd. board member Kazuo Okada is dropping his effort to nominate two independent directors to the company’s board but is...
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Wynn sues former Chinese executive now working for competitor
(Macau) -- Wynn Resorts Ltd. is suing a former high-level Chinese marketing executive who’s now working for a competitor in Macau, charging he violated noncompete...
10/15/2012
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Wynn Resorts given Tuesday deadline to turn over books, records
(Las Vegas) -- Wynn Resorts Ltd. has until Tuesday to turn over to former major shareholder Kazuo Okada various books and records dating back a decade or more.
10/10/2012
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Wynn shareholder lawsuits reinstated
(Nevada) -- Four federal shareholder lawsuits against the Wynn Resorts Ltd. board members were reinstated on Wednesday after they were apparently dismissed in error on...
10/9/2012
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Four Wynn shareholder suits dismissed, two remain active
(Nevada) -- A federal judge on Tuesday dismissed a group of four shareholder lawsuits filed against the board members of Wynn Resorts Ltd. after conflicts broke out this...
9/20/2012
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Wynn Resorts makes Fortune’s list of fastest-growing U.S. companies
(Nevada) -- Even as its key board members jockey for position with multiple lawsuits, Wynn Resorts Ltd. is the only Nevada firm on Fortune magazine's new list of the...
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Wynn Resorts picks up $700 million in deal with Wynn Las Vegas
(Wall Street) -- Shares of Wynn Resorts Ltd. gained almost 3 percent Wednesday after it had its "buy" rating reaffirmed by Goldman Sachs, and J.P. Morgan...
9/19/2012
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Fitch says Wynn Las Vegas transactions negative for unit
(Wall Street) -- Wynn Resorts Ltd (Wynn Resorts, or the parent) announced today that it has terminated its credit facility at its Las Vegas subsidiary, Wynn Las Vegas...
9/18/2012
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Wynn Resorts rejects Kazuo Okada's board of directors nominees
(Las Vegas) -- Wynn Resorts Ltd. on Tuesday described Kazuo Okada's letter to shareholders and his attempt to nominate two board members a "regrettable attempt...
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Wynn returns fire on Okada over shareholder letter
(Las Vegas) -- Casino resort owner Wynn Resorts Ltd. fired back Tuesday at board member Kazuo Okada in their dispute over whether Okada can make nominations to the Wynn...
9/17/2012
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Aruze USA Inc. letter blasts Steve Wynn's management style
(Las Vegas) -- The battle of two billionaires involved in the founding of Wynn Resorts Ltd. (WYNN) heated up on Monday with a letter being sent to the company’s...
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Okada releases shareholder letter critical of Steve Wynn
(Las Vegas) -- Heading toward a court showdown, Japanese billionaire Kazuo Okada today released a letter to Wynn Resorts Ltd. shareholders criticizing Chairman and CEO...
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Okada steps up efforts to elect members to Wynn board
(Las Vegas) -- Kazuo Okada, the Japanese billionaire locked in a legal battle with his former business partner Steve Wynn, stepped up his efforts Monday to elect two...
9/16/2012
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John Moran to retire from Wynn Resorts board
(Las Vegas) -- Wynn Resorts Ltd. announced Friday that John A. Moran will retire from the company's board of directors and not stand for re-election.
9/14/2012
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Wynn Gets First Chance to Grill Okada in Casino Control Fight [4th Item]
(Las Vegas) -- Gaming mogul Steve Wynn may gain an edge in his courtroom battle for control of a $10 billion casino empire as business- partner-turned-rival Kazuo Okada...
9/11/2012
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Steve Wynn's $20-million award against Joe Francis likely to grow
(California) -- A Los Angeles County jury awarded casino mogul Steve Wynn $20 million Monday in his slander suit against "Girls Gone Wild" founder Joe Francis.
9/10/2012
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Both Sides Face Dangers in Tokyo Lawsuit Against Wynn Resorts [sub req'd]
(Japan) -- Both Las Vegas casino titan Steve Wynn and his company's largest shareholder Kazuo Okada could lose future opportunities for casino development in Japan,...
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Jury awards casino mogul Wynn $20M in slander case
(California) -- A jury says "Girls Gone Wild" founder Joe Francis slandered Steve Wynn when he claimed the casino mogul threatened to kill him and bury him in...
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L.A. jury awards casino mogul Steve Wynn $20 million in slander suit
(California) -- A Los Angeles jury awarded casino owner Steve Wynn $20 million in damages on Monday in his defamation suit against Joe Francis, creator of the "...
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Steve Wynn-Joe Francis defamation lawsuit in jury’s hands
(California) -- A Los Angeles County jury will resume its deliberations Monday morning as it decides whether Joe Francis defamed Steve Wynn by claiming the casino mogul...
9/6/2012
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Okada names two proposed Wynn board nominees
(Nevada) -- Dissident Wynn Resorts Ltd. board member Kazuo Okada on Wednesday identified two of his proposed independent nominees to the Wynn board – nominations...
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Feud between casino mogul and porn purveyor enters L.A. court
(California) -- Steve Wynn and Joe Francis provided a crash course this week in how rich men settle scores. The Las Vegas casino mogul and the "Girls Gone Wild...
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Joe Francis Is a LIAR!!! / There Was No Murder Plot
(California) -- Quincy Jones just testified ... he NEVER saw an email from casino mogul Steve Wynn threatening to kill "Girls Gone Wild" honcho Joe Francis --...
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Quincy Jones denies casino mogul Steve Wynn made threats
(California) -- Quincy Jones says he never told porn producer Joe Francis that casino mogul Steve Wynn threatened to kill him and have him buried in the desert.
9/4/2012
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Okada seeks injunction to vote Wynn shares
(Las Vegas) -- Wynn Resorts Ltd. board member Kazuo Okada asked a Las Vegas judge Friday to restore his status as Wynn’s largest shareholder.
9/3/2012
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Casino dealers’ union joins fight over Wynn tip-sharing policy
(Las Vegas) -- Just in time for Labor Day, Nevada’s only casino dealers' union has joined the legal battle over whether Wynn Las Vegas can require dealers to...
9/2/2012
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Joe Francis ‘Goes Wild’ On Steve Wynn’s Lawsuit
(New York) -- Las Vegas is a town accustomed to big-ticket bouts, and now one of sin city's nastiest fights is about to enter round three as Girls Gone Wild creator...
8/31/2012
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Who knew? A hidden gift shop under the Wynn casino
(Las Vegas) -- Through a private door near the Wynn buffet, past a security guard and down an escalator, sits a small, brightly lit convenience store. Its shelves are...
8/29/2012
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Japanese pachinko mogul Okada files suit against Wynn Resorts
(Japan) -- Japanese pachinko tycoon Kazuo Okada has filed a lawsuit in Tokyo District Court seeking US$140 million in damages from casino operator Wynn Resorts.
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Japanese Tycoon Files Suit Against Wynn Resorts
(Japan) -- A company controlled by the Japanese pachinko tycoon Kazuo Okada said Wednesday that it had filed a lawsuit in Tokyo District Court seeking ¥11 billion in...
8/28/2012
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Okada sues Wynn in Japan
(Japan) -- The ongoing legal war between Wynn Resorts Ltd and former largest shareholder Kazuo Okada expanded to a new front, as Okada filed a $140 million (11 billion...
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Okada sues Wynn in Tokyo
(Japan) -- Kazuo Okada’s Universal Entertainment Corp is suing Wynn Resorts Ltd and 12 company officials, including chief executive officer Stephen Wynn for...
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Pachinko mogul Okada sues Wynn for $140 mln in Tokyo court
(Japan) -- Kazuo Okada, the Japanese billionaire embroiled in a legal fistfight with former partner and chairman of Wynn Resorts, Steve Wynn, on Tuesday filed a...
8/22/2012
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Kazuo Okada To Argue Again For Wynn Resorts Books Access
(Nevada) -- Lawyers for Kazuo Okada, the Japanese billionaire Wynn Resorts Ltd. (WYNN) is trying to remove from its board, will return to a Nevada court today to argue...
7/31/2012
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Wynn Macau ups borrowing by $2.3B for new resort
(Macau) -- U.S. billionaire Steve Wynn's Macau casino company says it will borrow up to $2.3 billion to finance construction of its next resort in the world's...
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Wynn Macau: Expect Total Budget for New Cotai Resort to Be US$3.5 Billion-US$4.0 Billion
(Macau) -- Wynn Resorts Ltd. unit Wynn Macau Ltd. said Wednesday it expects to spend around US$3.5 billion to US$4.0 billion to develop its flagship casino resort...
7/20/2012
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Wynn Macau struggling to generate revenue as Chinese economy stumbles
(Macau) -- Wynn Macau Ltd saw its revenue decline from $976.5 million last year to $907.6 million this year. The company is listed in the Hong Kong stock market and its...
7/17/2012
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Wynn results suggest high-end business steady on the Strip
(Las Vegas) -- The first financial results for the Las Vegas Strip for the second quarter are out — and they suggest business remained steady in the high-end...
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Wynn Macau Casino Revenue Drops as VIP Gamblers Cut Back
(Macau) -- Wynn Macau Ltd. (1128), the Hong Kong- listed unit of billionaire Steve Wynn’s Las Vegas company, reported a 7.1 percent drop in second-quarter revenue...
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Wynn Misses Est.on Weaker Macau, Nevada
(Wall Street) -- Wynn Resorts Ltd., the casino company run by billionaire Steve Wynn, reported second-quarter results that missed analysts’ estimates because of...
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Wynn Resorts earnings hit by slumps in Las Vegas, Macau
(Wall Street) -- Wynn Resorts Ltd., the casino company founded by Steve Wynn, on Tuesday reported second-quarter earnings fell short of analyst estimates as revenue fell...
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Wynn Resorts' income up / Revenue drop in Macau a first in three years
(Wall Street) -- Wynn Resorts Ltd. said Tuesday its second-quarter earnings rose from the same quarter last year, which was weighed down by a hefty charge. But revenue...
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Wynn Sees Weakness In Macau And Las Vegas, But Q2 Profits Jump
(Wall Street) -- Wynn Resorts posted earnings after the bell on Tuesday, seeing net income increase despite a decline in revenues on the back of weaker casino operations...
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Wynn’s Profit Misses Estimates on Weaker Macau, Nevada Win
(Wall Street) -- Wynn Resorts Ltd., the casino company run by billionaire Steve Wynn, reported second-quarter results that missed analysts’ estimates because of...
7/16/2012
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Earnings Preview: Wynn Resorts
(New York) -- Wynn Resorts Ltd. is expected to report significantly stronger second-quarter net income when it releases results after the market closes Tuesday.
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Wynn Resorts Call Volume Surges Ahead of Earnings
(Wall Street) -- Options traders appear to be gambling on a post-earnings pop for Wynn Resorts, Limited (NASDAQ:WYNN - 96.94), with front-month calls flying off the...
6/29/2012
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Movement in Macau / Wynn reveals project; Sands China drops challenge to 7 and 8
(Macau) -- The pipeline for development in Macau continues immediately with the Wynn Macau project in the Cotai region. But after that, it’s anyone’s guess.
6/28/2012
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Okada deposition objection rejected — all Wynn board members to be questioned
(Las Vegas) -- All of the Wynn Resorts Ltd. board members can be questioned by attorneys in the legal battle pitting Kazuo Okada against the rest of the board, a judge...
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Wynn partner must come to U.S.
(Las Vegas) -- Kazuo Okada on Thursday earned an unwelcome trip to Las Vegas to face hostile questioning by attorneys for Wynn Resorts Ltd.
6/25/2012
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Casino owner Steve Wynn surprises needy Las Vegans with $2 million, sends tongues wagging
(Las Vegas) -- To LeRoy Stapleton, $500 could mean the difference between prolonged homelessness and finding a job that could get him back on his feet.
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Pie Face chief tells – why casino billionaire Steve Wynn invested $15 million in my company
(Australia) -- The founder and chief executive of the Pie Face chain says casino mogul Steven Wynn now has a minority stake in the company after investing $15 million...
6/19/2012
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After Futile Efforts To Settle Out Of Court, Billionaire Elaine Wynn Sues So She Can Sell Her Wynn Resorts Shares
(Las Vegas) -- After nearly a year of trying to reach an agreement out of court, billionaire Elaine Wynn – a board member of Wynn Resorts and ex-wife of casino...
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Elaine Wynn enters legal fray between ex-husband, Okada
(Las Vegas) -- Elaine Wynn on Tuesday opened her own front in the brutal legal war between former husband Steve Wynn and former business partner Kazuo Okada, essentially...
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Wynn Resorts Director Proposes to Sell Stake
(Las Vegas) -- Elaine Wynn, the former wife of Las Vegas casino mogul Steve Wynn, sought permission from a federal court on Tuesday to sell her shares in the gambling...
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Wynn Resorts Founder's Ex-Wife Seeks Order to Sell Shares
(Las Vegas) -- The ex-wife of Wynn Resorts Ltd. founder and chairman Steve Wynn asked for a court order invalidating a stockholders agreement that prevents her from...
6/18/2012
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Wynn ups the stakes in China’s gambling center
(Macau) -- The capital of the gaming world looks set to add another massive casino to its collection with news that America's Steve Wynn will spend an estimated US$4...
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A Gambling Man Ups the Ante
(Japan) -- Kazuo Okada is known for making risky bets. The 69-year-old Japanese pinball magnate has poured millions of dollars into businesses ranging from pizza...
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Wynn seeks to depose Okada in Las Vegas
(Las Vegas) -- Casino resort owner Wynn Resorts Ltd. asked a state court judge Monday to require that dissident board member Kazuo Okada appear for a deposition in Las...
6/15/2012
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In ongoing dispute, Wynn hits back against Okada
(Las Vegas) -- Wynn Resorts Ltd. hit back Friday against board member Kazuo Okada in their legal dispute, calling Okada’s latest charges recycled and baseless.
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Okada asks court to restore his Wynn shares
(Las Vegas) -- The 6-month-old legal dispute between Wynn Resorts Ltd. board member Kazuo Okada and the rest of the Wynn board is heating up, with Okada asking a court...
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Okada files new claim against Wynn Resorts
(Las Vegas) -- Japanese billionaire Kazuo Okada has filed a new claim against Wynn Resorts Ltd, in the latest development in the ongoing legal battle between Okada and...
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Wynn says Okada motion recycles old claims
(Las Vegas) -- Wynn Resorts, ensnarled in a lawsuit with its one-time largest shareholder, dismissed as old "baseless allegations" a motion by Japanese...
6/13/2012
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Steve Wynn invests $15 million in Pie Face
(Las Vegas) -- Steve Wynn has purchased a $15 million slice in Pie Face USA, an American subsidiary of an Australia-based bakery-cafe chain known for their meat pot pies.
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Steve Wynn invests $15 million in Pie Face meat pie chain
(Las Vegas) -- He’s not exactly known as a meat and potatoes guy. In fact, he's a vegan. But casino developer Steve Wynn has purchased a 43-percent stake in...
6/8/2012
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Wynn debt rating affirmed despite Chinese slowdown
(Wall Street) -- A key Wynn Resorts Ltd. debt rating was affirmed Friday, even as analysts continued to warn about a growth slowdown in Macau.
6/6/2012
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SIEROTY: Size of Wynn's Macau play surprises industry analysts
(Las Vegas) -- Wynn Resorts Holdings, LLC said Tuesday that its casino-resort project in China's special gambling district will cost $4 billion, just shy of the $4.4...
6/5/2012
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Wynn announces USD4 billion Cotai resort with 500 gaming tables
(Macau) -- Wynn Macau yesterday announced the construction of its first integrated resort in the Cotai Strip at a tag of USD 4 billion, which will take around 4 years to...
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Wynn shrugs off slowdown in $4 billion Macau casino venture
(Macau) -- U.S. casino magnate Steve Wynn said on Tuesday that Wynn Macau Ltd's latest casino resort in the former Portuguese enclave would cost $4 billion, as the...
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Wynn unveils $4 billion Macau casino plan
(Macau) -- Las Vegas casino magnate Steve Wynn plans to spend $4 billion building his long-awaited second Macau resort, shrugging off concerns Tuesday that the global...
6/4/2012
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Wynn: Atlantic City missed its chance
(Atlantic City) -- Casino magnate Steve Wynn told The Post he did not see an antidote for Atlantic City’s problems. He spoke while promoting his former Mirage...
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Wynn says new Macau casino to cost $4B
(Macau) -- U.S. casino magnate Steve Wynn says he'll spend $4 billion to build his long-awaited second resort in the Asian gambling hub of Macau.
5/23/2012
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Wynn Macau Said to Start Marketing $1.5 Billion Casino Loan
(Macau) -- Wynn Macau Ltd., the Hong Kong-listed unit of billionaire Steve Wynn’s Las Vegas company, has started marketing a $1.5 billion loan to banks, according...
5/21/2012
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Wynn Macau Said to Hold Loan Bank Meetings in Hong Kong Tomorrow
(Hong Kong) -- Wynn Macau Ltd., the owner and operator of casino resort Wynn Macau, has approached banks seeking an about $1 billion loan, according to three people...
5/17/2012
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Court asks for more detail about Okada request
(Nevada) -- Japanese businessman Kazuo Okada was allowed by a Nevada court to amend his request for more Wynn Resorts Ltd’s documents yesterday.
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Judge orders more briefing in Wynn/Okada document dispute
(Nevada) -- A Nevada state judge on Thursday indicated she needs more information before deciding whether Wynn Resorts Ltd. must turn over more records to board member...
5/16/2012
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Wynn: Company does not ‘entertain’ or bribe government officials
(Nevada) -- Attorneys for Wynn Resorts Ltd. of Las Vegas say dissident board member Kazuo Okada’s latest demand for company documents is a ''fishing...
5/9/2012
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Okada tries again to pry records from Wynn Resorts
(Nevada) -- In another clash between casino billionaires Kazuo Okada and Steve Wynn, Okada’s attorneys have gone back to Nevada state court in hopes of prying...
5/8/2012
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Wynn Tumbles on Weak Results in Macau and Las Vegas
(Wall Street) -- Wynn Resorts (NAS: WYNN) came out with earnings last night, and there wasn't much to be impressed by. Las Vegas was weak, which may not be a huge...
5/7/2012
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Wynn expects Cotai Strip resort to be ‘irresistible to our guests’
(Las Vegas) -- A 9.8 percent increase in revenue from Macau helped offset an 8.1 percent decline in Las Vegas, causing Wynn Resorts Ltd. to report lower profits in the...
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Wynn Set To Dodge Japanese Backlash From Okada Battle [sub req'd]
(Japan) -- The legal sparring between casino magnate Steve Wynn and Wynn Resorts co-founder Kazuo Okada, although embarrassing, will probably not have any ripple effects...
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Wynn Macau Profit Rises 10% on Chinese Tourists
(Hong Kong) -- Wynn Macau Ltd. (1128), the Hong Kong-listed unit of billionaire Steve Wynn’s Las Vegas company, reported a 10 percent increase in first-quarter...
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Wynn Profit Fell 4%, Revenue Barely Up; Shares Dip
(Wall Street) -- Wynn Resorts disappointed investors by missing first-quarter estimates on both profit and sales when it announced results after the market close.
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Wynn Resorts Earnings Miss Estimates on Vegas Shortfall
(Las Vegas) -- Wynn Resorts Ltd. (WYNN), the casino company founded by billionaire Steve Wynn, reported first-quarter earnings fell 19 percent, missing analysts...
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Wynn Resorts reports decline in 1st-quarter profits
(Wall Street) -- A 9.8 percent increase in revenue from Macau helped offset an 8.1 percent decline in Las Vegas, but Wynn Resorts Ltd. still reported lower profits in...
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Wynn Resorts sees quarterly profits drop
(Wall Street) -- The decision by Wynn Resorts Ltd. to toss former majority shareholder Kazuo Okada out of the company in February sliced into the casino operator's...
5/6/2012
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Macau Gambling, Big Wynn for Tiny Locale
(Macau) -- Reports state that Macau, which is considered one of the biggest if not the absolute biggest gambling destination, has reached an outstanding revenue in April.
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Wynn has the Go Ahead in Macau
(Macau) -- It has been stated by Steve Wynn that his gambling business plans in Macau has received great news, as he has received the approval to start working on...
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Wynn Resorts gets Macau government approval for Cotai casino development
(Hong Kong) -- The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday for a new casino in the Cotai district of Macau, the world’s most...
5/4/2012
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How Elaine Wynn Survived 45 Years in Sin City
(Las Vegas) -- In 2011 you were included on a list of self-made female billionaires. There were only 19 of them. A cynic might question how divorcing the casino magnate...
5/2/2012
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Wynn Macau gets land grant for casino resort on Cotai Strip
(Macau) -- Wynn Macau Ltd., the unit of billionaire Steve Wynn’s Las Vegas company, won a land grant for its second resort in the Chinese city as surging revenue...
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Positives seen in Wynn expansion plan
(Wall Street) -- The Macau government's approval of Wynn Cotai was perceived Wednesday as a "meaningful positive" by gaming analysts who believe the...
5/1/2012
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Macau approves $3 billion Wynn Cotai resort
(Macau) -- The Macau government has approved a new 51-acre casino resort on the Cotai Strip, a subsidiary of Wynn Resorts Ltd. announced late Tuesday.
4/18/2012
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Wynn Resorts shares jump on Macau news
(New York) -- Wynn Resorts Ltd. shares rose almost 5 percent Wednesday after a report that the owners of the Wynn and Encore casinos in Macau may sign a land contract...
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Wynn Resorts shares jump on Macau reports
(New York) -- Shares of Wynn Resorts Ltd. jumped Wednesday on speculation that the company might be close to signing a land deal that could pave the way for it to open...
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Fifth shareholder suit filed against Wynn directors
(Las Vegas) -- Shareholder lawsuit No. 5 was filed Tuesday against Wynn Resorts Ltd. board members over allegations of potential violations of the federal Foreign...
4/4/2012
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Two more shareholders suing Wynn directors
(Wall Street) -- Two more shareholder lawsuits were filed Wednesday against 11 directors of Wynn Resorts Ltd. as the fallout over board member Kazuo Okada continues.
3/30/2012
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Wynn Wants Okada Lawsuit Sent Back to Nevada State Court
(Nevada) -- Wynn Resorts Ltd. (WYNN) wants its lawsuit against Japanese billionaire Kazuo Okada sent back to Nevada state court, arguing its removal to federal court was...
3/29/2012
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Investors in Louisiana join case against Wynn Resorts
(Louisiana) -- The litigation surrounding Wynn Resorts Ltd. has gained another entrant. The Louisiana Municipal Police Employees' Retirement System, which holds Wynn...
3/28/2012
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Wynn, Okada fallout continues with shareholder lawsuit
(Las Vegas) -- Wynn Resorts Ltd. board members, including Steve Wynn and Kazuo Okada, were sued Tuesday by a shareholder who says their conduct has harmed the company.
3/27/2012
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Casino operator net on the winning side
(Hong Kong) -- Casino operator Wynn Macau (1128) booked earnings of HK$5.92 billion last year as the bottom line grew 34 percent, largely on gambling revenue. The firm,...
3/18/2012
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STUTZ: Lawsuit against Wynn Resorts reads like screenplay
(Las Vegas) -- Kazuo Okada's most recent lawsuit against Wynn Resorts Ltd., filed less than a month after he was unceremoniously dumped as the company's largest...
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Wynn-Okada legal battle highlights once-obscure federal law
(Las Vegas) -- The legal battle between Wynn Resorts Ltd. and Kazuo Okada, the Japanese billionaire who financed the business 12 years ago and recently was ousted as a...
3/16/2012
press release
Wynn Las Vegas Outranks All Other Casino Competitors on Fortune Magazine's 2012 Most Admired List
(Las Vegas) -- Wynn Las Vegas (NASDAQ: WYNN) was honored as the highest ranking casino resort on Fortune's 2012 Most Admired list in the hotel, casino, resort...
3/15/2012
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How to ‘Wynn’ in the battle of casino moguls
(Tel Aviv) -- In a life in the spotlight, casino mogul Steve Wynn, has been labeled many things, but being meek is not one of them.
3/14/2012
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Doubts raised over Wynn governance
(Wall Street) -- The ongoing legal dispute with Japanese pachinko tycoon Kazuo Okada is likely to highlight bigger problems with gaming operator Wynn Resorts’...
3/13/2012
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Bring it on, Wynn Resorts tells Okada
(Nevada) -- Wynn Resorts Ltd. says it “looks forward” to meeting Japanese businessman Kazuo Okada in court to discuss the details of the counterclaim Mr...
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Japan's Okada blasts Wynn in casino tycoon battle
(Japan) -- Japanese gambling tycoon Kazuo Okada lashed out Tuesday at his US partner, accusing Steve Wynn of manipulating facts to wrest control of Wynn Resorts casinos...
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Okada video rebuts casino mogul Wynn in legal fight
(Hong Kong) -- Japanese billionaire Kazuo Okada, embroiled in a legal fight with former partner Steve Wynn, the chairman of casino operator Wynn Resorts , used a video...
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Wynn Resorts Ltd. says Okada countersuit doesn't deny allegations
(Las Vegas) -- Wynn Resorts Ltd. said Kazuo Okada's countersuit doesn't contain any meaningful denial of the allegations that he and his subsidiary Aruze USA Inc...
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Wynn Resorts says it’s eager to fight Okada’s counterclaim in court
(Nevada) -- Casino-resort owner Wynn Resorts Ltd. of Las Vegas on Tuesday criticized as ''scurrilous'' the counterclaim filed against the company Monday...
3/12/2012
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Countersuit Escalates Feud at Wynn
(Nevada) -- In a suit filed Monday, Steve Wynn's former business partner Kazuo Okada fired back at Wynn Resorts Ltd., portraying his ouster last month as a major...
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In dispute with Wynn, Okada cites ambiguities in U.S. anti-bribery law
(Nevada) -- Attorneys for Wynn Resorts Ltd. board member Kazuo Okada signaled Monday that he would cite ambiguities in a federal anti-bribery law in defending against a...
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Okada disputes Wynn's right to redeem shares
(Nevada) -- The legal battle between Steve Wynn and Kazuo Okada, Wynn Resorts Ltd.'s largest shareholder, escalated Monday as Okada countersued in federal court in...
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Okada sues to stop redemption of Wynn stake
(Nevada) -- Kazuo Okada has hit back at Steve Wynn, filing a lawsuit that seeks to block the forced redemption of his $2.77bn stake in Wynn Resorts, accusing his former...
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Wynn-sanity: A Power Struggle at Macau Gambling Giant Wynn Resorts Puts Shareholder Value at Risk
(Nevada) -- An internecine board struggle at casino giant Wynn Resorts between the company’s 70 year old founder and his Japanese business partner could damage the...
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Wynn Macau Leads Casinos Higher on Outlook: Hong Kong Mover
(Hong Kong) -- Wynn Macau Ltd. (1128) led gains in Hong Kong-listed gambling stocks after Deutsche Bank raised its estimate for casino revenue growth in Macau to 25...
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