Wynn Resorts Limited (WYNN)

Nov 11, 2026

Wynn Resorts (Macau) S.A. has filed a lawsuit in the Victorian Supreme Court against Simon Pan, a former junket agent, to recover an alleged HK$2 million (US$254,850) gambling debt from Wynn Palace. Pan, identified in inquiries into Crown Resorts and Star Entertainment Group, is accused of borrowing the sum and ending his trip down HK$1.4 million. The lawsuit highlights Pan's past connections with Australian casinos despite being flagged for significant risk due to allegations of illegal activities.

Nov 9, 2026

Chris Gumiela has been appointed as the new president and COO of MGM National Harbor, returning to the property after previously serving as vice president of marketing. His appointment comes as the $1.4 billion Sphere National Harbor project, a 6,000-seat immersive entertainment venue, is set to advance nearby. Gumiela will lead one of MGM's most profitable properties and aims to expand its role as an entertainment hub and community pillar.

Nov 9, 2026

Craig Billings, CEO of Wynn Resorts, is ranked number 7 on the 2026 Asian Gaming Power 50 list. He is recognized for securing the UAE's first casino license for Wynn Al Marjan Island and for strengthening Wynn's position in Macau with strong financial performance and the development of a new luxury hotel, The Enclave. Billings has been instrumental in reshaping Wynn Resorts since becoming CEO in February 2022.

Nov 9, 2026

Wynn Resorts reported an 80.4% decline in net income for the third quarter of 2026, totaling $17.3 million, primarily due to lower revenue and weaker property earnings across its operations. Operating revenue decreased by 7.9% to $1.69 billion. Despite these challenges, CEO Craig Billings noted healthy demand in Las Vegas and Macau, while the company's UAE resort development remains on track for a September 2027 opening.

Nov 7, 2026

Francis Lui, Chairman of Galaxy Entertainment Group, has been ranked as the most influential person in the Asian gaming industry for the eighth consecutive year, topping Inside Asian Gaming’s Asian Gaming Power 50 list for 2026. This marks his 10th time overall at the number one spot. The announcement was made at a gala dinner held at Lui's own Galaxy Resort, Macau, highlighting his significant influence in the region.

Nov 7, 2026

Bragg Gaming Group has announced a leadership transition, with CEO Matevž Mazij stepping down to become a strategic advisor. Morten Tonnesen, previously the company's chief operating officer, has been appointed interim CEO, effective November 6, 2026. Tonnesen brings 17 years of leadership experience in iGaming and technology to his new role.

Nov 6, 2026

Wynn Resorts (NASDAQ:WYNN) declared a quarterly dividend of $0.25 per share, totaling $1.00 annually, representing a 1.3% yield. The dividend is payable on November 30th to shareholders of record on November 16th. Despite this shareholder return, the company reported third-quarter earnings that missed analyst expectations, with EPS of $0.33 and revenue of $1.69 billion.

Nov 6, 2026

Wynn Resorts reported a significant decline in consolidated operating revenue and net income for the third quarter ending September 30, with all properties experiencing a year-on-year fall. Despite slower market conditions and external impacts like a strike, CEO Craig Billings highlighted strong operational discipline and progress on the Wynn Al Marjan Island project in the UAE, slated for a September 2027 opening. The company contributed an additional $62.2m to the UAE joint venture, bringing its total cash contributions to $1.12bn.

Nov 5, 2026

Wynn Resorts (NASDAQ:WYNN) reported quarterly earnings of $0.33 per share, missing analyst estimates of $0.52 by $0.19, with revenue also falling short at $1.69 billion against an expected $1.75 billion. Despite the miss, management noted a strong October and an improving outlook for Las Vegas, supported by events like F1, conventions, and NFL demand. The company's Wynn Al Marjan Island project remains on schedule for a September 2027 opening, though its budget has increased by $600 million.

Nov 5, 2026

Wynn Resorts reported mixed Q3 2026 financial results with Las Vegas RevPAR and ADR up 3% despite a $24 million negative impact from unfavorable hold on EBITDA. Encore Boston Harbor faced a labor strike but reached a resolution, while Macau's performance benefited from a $12 million VIP hold boost to EBITDA. The company remains optimistic about Q4 with strong demand expected for the F1 weekend and ongoing construction projects in Macau and the UAE, including Wynn Al Marjan Island, which is on track for a September 2027 opening. Management highlighted strong liquidity of $4 billion and continued capital returns through dividends and stock buybacks.

Nov 5, 2026

Wynn Resorts (WYNN) reported Q3 earnings of $0.33 per share, significantly missing the Zacks Consensus Estimate of $0.58, and revenues of $1.69 billion, falling short of the $1.77 billion estimate. The company's stock has underperformed the S&P 500 year-to-date, and its current Zacks Rank of #4 (Sell) suggests expected underperformance in the near future.

Nov 5, 2026

Wynn Resorts Ltd. (WYNN) shares dropped 3.71% on Thursday, closing at $79.32. This decline occurred during a broad market downturn, with both the S&P 500 Index and Dow Jones Industrial Average also experiencing significant losses. The stock's fall ended a five-day winning streak.

Nov 4, 2026

BW Altor Pte. Ltd. has fully divested its stake in Cadeler A/S following the completion of Cadeler's redomiciliation from Denmark to the United Kingdom. BW Altor exchanged all 109,352,091 Cadeler A/S shares for an equal number of newly issued Cadeler plc shares and also made open market purchases of Cadeler plc shares. As of November 2, 2026, BW Altor no longer holds any ordinary shares in Cadeler A/S.

Nov 4, 2026

The Baron SMID Cap ETF (NYSE: BSCM) has sold off its entire holding in Wynn Resorts (NASDAQ: WYNN) stock during the third quarter, opting instead to invest in Texas Roadhouse (NASDAQ: TXRH). This move leaves the ETF with no gaming stocks in its portfolio, despite Baron Capital having previously expressed bullish sentiment on Wynn. The decision reflects a broader strategy shift towards consumer stocks, which portfolio managers believe are undervalued.

Nov 4, 2026

Las Vegas Sands Corp (LVS) Chairman and CEO Patrick Dumont has acquired a controlling 69% stake in the NBA's Dallas Mavericks from his mother-in-law, Dr. Miriam Adelson. Dumont also expressed his intention to purchase an additional 20% from former owner Mark Cuban in the future, aiming to build the best arena in the NBA and win championships for Dallas. This move is seen as part of the family's strategy to legalize casino gambling in Texas.

Nov 4, 2026

Melco Resorts and Entertainment (NASDAQ: MLCO) reported a Q3 2026 adjusted property EBITDA of $288 million, emphasizing disciplined execution in Macau with strategic renovations and the opening of Hotel REM. Despite a challenging demand environment, operations outside Macau, particularly in Cyprus and Manila, showed resilience and growth. The company maintains strong liquidity, is focused on deleveraging, and has executed significant debt redemptions and share buybacks, with an aim to reinstate dividends in the future.

Nov 4, 2026

Tilman J. Fertitta, a director and 10% stakeholder in Wynn Resorts Ltd, sold 620,000 call options on Wynn Resorts common stock in two transactions on October 30 and November 2, 2026. The sales involved 600,000 call options with a $94 strike price and 20,000 call options with a $98 strike price, both expiring on May 3, 2027. These transactions were reported via a Form 4 filing on November 3, 2026.

Nov 4, 2026

Wynn Resorts has not responded to concerns raised by UNI Global Union regarding the risks faced by migrant workers at its upcoming casino in the UAE. The Business and Human Rights Centre details a timeline of events, including accusations that Wynn Resorts is prioritizing its UAE project over workers' rights at its Boston property. UNI Global Union initially raised concerns about potential migrant worker abuse at the Wynn Al Marjan resort in September 2026.

Nov 4, 2026

Las Vegas Sands Corp. (NYSE:LVS) has an average "Moderate Buy" rating from analysts, with a consensus one-year price target of $53.28. The company recently missed quarterly earnings expectations, reporting EPS of $0.54 against a forecast of $0.68, and revenue of $3.22 billion, below the expected $3.33 billion. Despite the earnings miss, Las Vegas Sands announced a quarterly dividend of $0.30 per share, yielding approximately 3.1% annually.

Nov 3, 2026

Jewel Nightclub at Aria will close permanently on November 21, 2026, after a 10-year run on the Las Vegas Strip. MGM Resorts and Tao Group Hospitality, which jointly operated the venue, mutually agreed to the closure, with MGM stating no immediate replacement plans for the 24,000 square-foot space. The closure reflects an evolving Las Vegas nightlife scene, where giant nightclubs are seeing competition from a growing number of alternatives.

Nov 2, 2026

Jewel Nightclub at Aria on the Las Vegas Strip is permanently closing its doors after November 21, marking an end to a decade of operation. MGM Resorts International announced the closure, stating there are no immediate plans for the space. The club hosted numerous celebrity performances and championship celebrations, including Usher and the Golden State Warriors and Las Vegas Aces.

Nov 2, 2026

Voters in Amherst and Pulaski counties are set to decide on referendums regarding pari-mutuel wagering, which could lead to the establishment of Rosie’s Gaming Emporium facilities by Churchill Downs Incorporated. These facilities, classified as historical horse racing, are supported by proponents for new entertainment and revenue, while opponents express concerns about the impact on local businesses. Amherst County had previously rejected a similar referendum in 2021.

Nov 2, 2026

MGM Resorts International's amended voting agreement with Barry Diller’s People Inc. will allow People Inc. to vote its shares in line with MGM's board recommendations, potentially easing a future sale. CreditSights highlights MGM China's strong operating performance and market share as attractive to potential buyers, despite no current sale discussions. This revised agreement removes an obstacle that could give MGM’s board greater flexibility if another buyer makes an approach.

Nov 1, 2026

Macau's gross gaming revenue dropped 10.0% year over year in October to 21.7 billion patacas ($2.68 billion), marking the fifth consecutive month of declining GGR for the casino sector. This slump comes against a challenging comparable period. The data was released by the Gaming Inspection and Coordination Bureau.

Oct 31, 2026

Vail Resorts and Alterra Mountain Co. are defending themselves against two class-action antitrust lawsuits in U.S. District Court in Denver, claiming the ski industry is "fiercely competitive." Skiers allege the companies artificially inflate single-day lift ticket prices to coerce customers into buying expensive multi-resort passes. Additionally, Vail Resorts' board of directors faces a third lawsuit from an investor, citing claims of anticompetitive behavior and breach of fiduciary responsibility.

Oct 30, 2026

MGM Resorts International reported its financial results for Q3 2026, with consolidated revenue down 1% to $4.2 billion but a reduced net loss compared to the prior year. Despite lower room rates impacting Las Vegas Strip Resorts, the company highlighted strong performance from MGM China and growth in its digital businesses, including BetMGM. Leadership emphasized a focus on shareholder value through share repurchases and future growth drivers like MGM Osaka and its digital portfolio.

Oct 30, 2026

During their third-quarter earnings call, Gaming & Leisure Properties Inc. executives addressed concerns about Bally's Corp., particularly the slowed Chicago casino project, and reaffirmed their commitment to their development partner. Despite the Chicago slot route issues and Bally's August "going-concern" warning, GLPI expressed confidence in Bally's ability to liquidate assets and stated their credit risk outlook had not changed. They also discussed their joint venture with Prologis to redevelop the Hollywood Joliet site, emphasizing it would generate significant excess cash.

Oct 29, 2026

Wynn Resorts Ltd. (WYNN) shares rose 3.96% to $74.21 on Thursday, outperforming the broader market, which saw the S&P 500 Index (SPX) fall 0.30% and the Dow Jones Industrial Average (DJIA) fall 0.25%. This rise broke a two-day losing streak for the stock.

Oct 29, 2026

Wynn Resorts (WYNN) is scheduled to release its Q3 2026 earnings after market close on Thursday, November 5th, with analysts expecting $0.535 per share on $1.75 billion in revenue. The company surpassed expectations in the prior quarter and maintains a "Moderate Buy" consensus rating with an average analyst price target of $124.88. Shares recently opened near their 12-month low, and the company offers a quarterly dividend of $0.25.

Oct 28, 2026

MGM Resorts International has reached an agreement with its largest shareholder, Barry Diller’s People Inc, to cap People Inc's voting power at 29.9% of MGM's common stock. This agreement also mandates how People Inc will vote shares exceeding 25.73% of MGM's total voting power, particularly in change of control transactions. The move follows People Inc's earlier withdrawn takeover bid for MGM and aims to balance influence while also providing protections for Diller and People Inc against adverse defensive measures from MGM.

Oct 28, 2026

Mike Repole, a prominent critic of horse racing, has invested approximately $80 million to become the second-largest individual shareholder in Churchill Downs Inc. This move, which he describes as "building his own table," aims to leverage his marketing expertise to revitalize the sport beyond the Kentucky Derby. Repole believes Churchill Downs is undervalued and seeks to influence the industry by addressing issues like declining viewership and a lack of accountability among established racing bodies.