WYNN News and Press, Wynn Resorts Limited From 08/04/23

2023-08-04 15:00:42 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar ...

WynnBET's New Multi-State App Now Available in Six More Jurisdictions PR Newswire WynnBET's new app features improved user experience and interface LAS VEGAS , Aug. 4, 2023 /PRNewswire/ -- WynnBET, the online casino and sports betting ("iGaming") app from...

2023-08-04 08:09:53 ET DraftKings ( NASDAQ: DKNG ) soared in early trading on Friday after the sports betting company's profitable quarter and strong guidance invigorated investors. "We are acquiring new customers efficiently while simultaneously retaining and monetizing our...

2023-08-02 13:16:37 ET Summary Forecasters of the Macau recovery have consistently underestimated the speed and depth of revenue recovery ahead. The three U.S.-based Macau facing casino operators have moved higher, but still are not in a range which commands freshened valuations. ...

2023-08-01 06:53:52 ET The Macau Gaming Inspection and Coordination Bureau reported gross gaming revenue in the gambling region rose 4,086% year-over-year in July to $16.6B patacas ($2.07B) against a soft comparable to last year when travel restrictions were in place for several weeks. The ...

2023-07-29 11:09:10 ET The casino and gaming sector has outperformed the broad market over the last 52 weeks, despite anxiety that ramped up early in 2023 over the impact on consumer discretionary spending of the high interest rate environment and volatile macroeconomic backdrop. Without an...

2023-07-25 08:28:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Real Estate Fund increased 7.41% in the second quarter of 2023, modestly outperf...

2023-07-17 16:29:02 ET Summary Full House Resorts, a casino and hospitality company, faces challenges due to inconsistent revenue growth, negative net profit margin, and increased operating expenses from the opening of a new property, The Temporary. The rise of online casinos pose...

2023-07-11 19:45:00 ET Summary Heading into the Q1 earnings season, we were expecting an ‘earnings recession’ based on a negative Q4 actual growth rate along with analyst estimates forecasting a negative growth rate for both Q1 and Q2. Over the last three months, the...

2023-07-11 18:32:14 ET Summary Bears think Wynn Resorts, Limited forward prospects are already baked into the trading range. That's wrong. Investors need to understand the long history of this stock trading above sector peers because of Steve Wynn and now his property legacy. ...