WYNN News and Press, Wynn Resorts Limited From 06/12/23

2023-06-12 09:15:09 ET The casino industry has experienced tremendous growth in recent years, and several companies highlight the potential for even better times ahead. Digitization and regulatory changes have paved the way for gaming companies to diversify their operations and offe...

2023-06-12 09:00:39 ET Equity analysts at research firm Jefferies downgraded last Thursday two notable names in the online casino space. Las Vegas Sands Corp ( NYSE: LVS ) and Wynn Resorts Limited ( NASDAQ: WYNN ) were each taken lower to a “hold” rating. In hi...

2023-06-10 09:06:00 ET Wynn Resorts (NASDAQ: WYNN) delivered an all-time earnings record for its Las Vegas resorts in Q1, despite a macro environment of high inflation, rising interest rates, and bank failures. Based on Wynn's Q1 results and company outlook, here's why I think this ...

2023-06-09 16:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-06-08 07:24:31 ET Jefferies lowered its rating on Wynn Resorts ( NASDAQ: WYNN ) and Las Vegas Sands ( LVS ) to Hold from Buy on its view that the stocks are being fairly valued at their current share prices. Analyst David Katz and team believe the bull case arguments fo...

2023-06-05 10:17:34 ET Summary DraftKings' stock has experienced significant growth, but concerns about their long-term business strategy and profitability may lead to a pullback in the coming weeks and months. The company faces strong competition from FanDuel and other establishe...

2023-06-01 09:30:54 ET Wynn Resorts ( WYNN ) declares $0.25/share quarterly dividend . Forward yield 1.01% Payable June 6; for shareholders of record May 23; ex-div May 22. The company suspended dividend in May 2020 . See WYNN Dividend Scorecard, Yield Ch...

2023-06-01 08:20:15 ET Macau casinos generated gross gaming revenue of 15.57B patacas ($1.93B) to mark growth of 366% year-over-year from a year ago and set a new post-pandemic high. The May GGR tally was up about 5.7% from the April total. For the first five months of 2023 combined, Ma...

2023-05-27 12:00:00 ET The anxiety over a potential wave of COVID cases impacting economic activity may be overwrought, according to fresh analysis from Cowen. The firm said there are a number of reasons to be optimistic that sweeping reports of a large number of Omicron variant XBB cas...

2023-05-26 14:30:56 ET Summary PENN has underperformed in the market compared to its peers thus far in 2023. Upon further research, this does not accurately represent their position in the field. PENN is well-equipped in both online and brick-and-mortar markets, owning Barstool Sp...