Tag / Financial Press Releases

Wynn Macau 4Q profits down by 27%, revenue up by two thirds

Wynn Macau Limited, the Asian arm of Wynn Resorts Ltd, saw a 26.6% decline in year-on-year profits for the fourth quarter of 2016, according to a recently posted financial report from the company. The drop in profits is reportedly due to costs associated with the launch of the Wynn Palace casino in Cotai, which took […]

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Steve Wynn gets $12.5 million in stock compensation

Head of Wynn Resorts Ltd and seasoned casino magnate Steve Wynn is reportedly having a great start to 2017, thanks to a stock compensation package in the amount of $12.5 million. Namely, the casino chief’s stock infusion might be his biggest payout thus far, thanks to a 2014 compensation agreement. In 2014, Steve Wynn agreed […]

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