WYNN

Wynn Las Vegas to Debut Culinary Festival, Revelry, Following The World's 50 Best Restaurants Awards

Retrieved on: 
Wednesday, March 6, 2024

LAS VEGAS, March 6, 2024 /PRNewswire/ -- This summer, Wynn Las Vegas (Nasdaq: WYNN) will unveil Revelry, an all-new culinary festival that will bring together some of the world's most esteemed chefs, best-in-class vintners, mixologists, art installations, and live entertainment. Taking place Wednesday, June 5 through Saturday, June 8, Revelry will showcase a variety of events and curated experiences throughout Wynn Las Vegas, featuring top culinary talent from the resort and across the country.

Key Points: 
  • LAS VEGAS, March 6, 2024 /PRNewswire/ -- This summer, Wynn Las Vegas (Nasdaq: WYNN) will unveil Revelry, an all-new culinary festival that will bring together some of the world's most esteemed chefs, best-in-class vintners, mixologists, art installations, and live entertainment.
  • Taking place Wednesday, June 5 through Saturday, June 8, Revelry will showcase a variety of events and curated experiences throughout Wynn Las Vegas, featuring top culinary talent from the resort and across the country.
  • "Wynn Las Vegas is known for creating innovative, once-in-a-lifetime experiences and our inaugural Revelry festival will be no exception," said Steve Weitman, president of Wynn Las Vegas.
  • An iconic group of chefs previously recognized by The World's 50 Best Restaurants Awards will come together to present this world-class experience.

Wynn Resorts Announces Pricing of Private Add-On Offering of $400 Million Aggregate Principal Amount of Wynn Resorts Finance 7.125% Senior Notes due 2031

Retrieved on: 
Thursday, February 8, 2024

Wynn Resorts, Limited (“Wynn Resorts”) (NASDAQ: WYNN) announced today the pricing by Wynn Resorts Finance, LLC (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, of $400 million aggregate principal amount of 7.125% Senior Notes due 2031 (the “Notes”) in a private offering.

Key Points: 
  • Wynn Resorts, Limited (“Wynn Resorts”) (NASDAQ: WYNN) announced today the pricing by Wynn Resorts Finance, LLC (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, of $400 million aggregate principal amount of 7.125% Senior Notes due 2031 (the “Notes”) in a private offering.
  • This press release shall not constitute an offer to purchase or the solicitation of an offer to sell the 2025 LV Notes.
  • The Issuers will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes have not been and will not be registered under the Securities Act or under any state securities laws.

Wynn Resorts Announces Private Add-On Offering of $400 Million of Wynn Resorts Finance 7.125% Senior Notes due 2031

Retrieved on: 
Thursday, February 8, 2024

Wynn Resorts, Limited (NASDAQ: WYNN) (“Wynn Resorts”) announced today that Wynn Resorts Finance, LLC (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, are offering an additional $400 million aggregate principal amount of 7.125% Senior Notes due 2031 (the “Notes”) in a private offering.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) (“Wynn Resorts”) announced today that Wynn Resorts Finance, LLC (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, are offering an additional $400 million aggregate principal amount of 7.125% Senior Notes due 2031 (the “Notes”) in a private offering.
  • The Notes will be issued as additional notes under a supplemental indenture to the indenture dated as of February 16, 2023, and will constitute the same series of securities as the $600 million 7.125% Senior Notes due 2031 issued on February 16, 2023 (the “Existing Notes” and together with the Notes, the “2031 WRF Notes”).
  • The Issuers will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes have not been and will not be registered under the Securities Act or under any state securities laws.

Wynn Resorts, Limited Reports Fourth Quarter and Year End 2023 Results

Retrieved on: 
Wednesday, February 7, 2024

Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the fourth quarter ended December 31, 2023.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the fourth quarter ended December 31, 2023.
  • Net income attributable to Wynn Resorts, Limited was $729.2 million for the fourth quarter of 2023, compared to net income attributable to Wynn Resorts, Limited of $32.4 million for the fourth quarter of 2022.
  • Net income attributable to Wynn Resorts, Limited was $729.2 million for the fourth quarter of 2023, compared to net income attributable to Wynn Resorts, Limited of $32.4 million for the fourth quarter of 2022.
  • Adjusted Property EBITDAR from Wynn Macau was $125.8 million for the fourth quarter of 2023, compared to $(35.2) million for the fourth quarter of 2022.

Wynn Resorts Announces Fourth Quarter Earnings Release Date

Retrieved on: 
Wednesday, January 31, 2024

Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company’s financial results for the fourth quarter ended December 31, 2023 after the market close on Wednesday, February 7, 2024, followed by a conference call at 2:00 p.m. PT (5:00 p.m.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company’s financial results for the fourth quarter ended December 31, 2023 after the market close on Wednesday, February 7, 2024, followed by a conference call at 2:00 p.m. PT (5:00 p.m.
  • The call will be broadcast live at www.wynnresorts.com under the “Company Information” section.
  • Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869.
  • A replay of the call will be available through March 7, 2024 by dialing (888) 566-0495 or, for international callers, (203) 369-3054.

Wynn Resorts, Limited Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the third quarter ended September 30, 2023.
  • Net loss attributable to Wynn Resorts, Limited was $116.7 million for the third quarter of 2023, compared to net loss attributable to Wynn Resorts, Limited of $142.9 million for the third quarter of 2022.
  • "Our third quarter results reflect continued strength across our property portfolio," said Craig Billings, CEO of Wynn Resorts, Limited.
  • Net loss attributable to Wynn Resorts, Limited was $116.7 million for the third quarter of 2023, compared to net loss attributable to Wynn Resorts, Limited of $142.9 million for the third quarter of 2022.

Wynn Resorts Announces Third Quarter Earnings Release Date

Retrieved on: 
Thursday, November 2, 2023

Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company’s financial results for the third quarter ended September 30, 2023 after the market close on Thursday, November 9, 2023, followed by a conference call at 1:30 p.m. PT (4:30 p.m.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company’s financial results for the third quarter ended September 30, 2023 after the market close on Thursday, November 9, 2023, followed by a conference call at 1:30 p.m. PT (4:30 p.m.
  • The call will be broadcast live at www.wynnresorts.com under the “Company Information” section.
  • Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869.
  • A replay of the call will be available through December 9, 2023 by dialing (800) 839-2290 or, for international callers, (203) 369-3607.

PRIVATE MEMBERSHIP CLUB ZERO BOND TO OPEN SECOND LOCATION AT WYNN LAS VEGAS IN 2025

Retrieved on: 
Tuesday, October 24, 2023

NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Bond Hospitality Group, the distinguished leader in luxury hospitality, best known for their private membership club, Zero Bond, and Italian Restaurant, Sartiano's at The Mercer, announced today an exclusive partnership with Wynn Resorts, Limited (NASDAQ: WYNN), the world's leading luxury hotel and casino resort company, to develop and expand the Zero Bond footprint to Las Vegas and beyond.

Key Points: 
  • NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Bond Hospitality Group , the distinguished leader in luxury hospitality, best known for their private membership club, Zero Bond, and Italian Restaurant, Sartiano's at The Mercer, announced today an exclusive partnership with Wynn Resorts, Limited (NASDAQ: WYNN), the world's leading luxury hotel and casino resort company, to develop and expand the Zero Bond footprint to Las Vegas and beyond.
  • Zero Bond will become the exclusive private members' club at Wynn Las Vegas, complementing the resort's lineup of premier restaurants, bars, shows, nightclubs, and spas.
  • Zero Bond Las Vegas is set to open in 2025.
  • We look forward to working together to design, build and operate Zero Bond at Wynn Las Vegas."

Wynn Resorts Announces Reduction of WynnBET Markets

Retrieved on: 
Friday, August 11, 2023

Wynn Resorts, Limited (NASDAQ: WYNN) announced today its decision to close its online sports betting and iGaming platform, WynnBET, in certain jurisdictions.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) announced today its decision to close its online sports betting and iGaming platform, WynnBET, in certain jurisdictions.
  • “In light of the continued requirement for outsized marketing spend through user acquisition and promotions in online sports betting, we believe there are higher and better uses of capital deployment for Wynn Resorts shareholders,” said Julie Cameron-Doe, Chief Financial Officer of Wynn Resorts.
  • Working with its regulators and patrons, the Company will seek to cease operations in Arizona, Colorado, Indiana, Louisiana, New Jersey, Tennessee, Virginia, and West Virginia as soon as possible.
  • Operations in Nevada and Massachusetts will continue unaffected and operations in New York and Michigan remain under review.

Wynn Resorts, Limited Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023

Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the second quarter ended June 30, 2023.
  • Net income attributable to Wynn Resorts, Limited was $105.2 million for the second quarter of 2023, compared to net loss attributable to Wynn Resorts, Limited of $130.1 million for the second quarter of 2022.
  • For the second quarter of 2023, operating revenues increased $409.7 million, $243.0 million, $17.0 million, $11.8 million, and $5.5 million at Wynn Palace, Wynn Macau, our Las Vegas Operations, Encore Boston Harbor, and Wynn Interactive, respectively, from the second quarter of 2022.
  • Net income attributable to Wynn Resorts, Limited was $105.2 million for the second quarter of 2023, compared to net loss attributable to Wynn Resorts, Limited of $130.1 million for the second quarter of 2022.