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Wynn Resorts Limited (WYNN)

137.90-0.55 (-0.40%) 8:11P EDT (NASDAQ)
Price Quote as of Saturday, May 25th, 2013

Latest Wynn Resorts Limited (WYNN) Headlines

After Yesterday's Decline of 2.25%, Wynn Resorts Offers Investors Better Value

Comtex SmarTrend(R) - Thu May 23, 4:01PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $137.36 to a high of $140.00. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $140.85 on volume of 1.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)

Watch for Wynn Resorts to Potentially Rebound After Falling 2.25% Yesterday

Comtex SmarTrend(R) - Thu May 23, 4:00PM CDT
Wynn Resorts (NASDAQ:WYNN) traded in a range yesterday that spanned from a low of $137.36 to a high of $140.00. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $140.85 on volume of 1.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. (full story)

Sector Snap: Casino stocks fall on China worries

AP - Thu May 23, 12:48PM CDT
NEW YORK (AP) — Shares of casino companies took a hit Thursday as the broader stock market declined due to fears a slowdown in China's economy. A sustained slowdown in China would rattle the sector with double-digit gaming revenue from Macau. (full story)

Wynn Resorts Pinned at Neutral - Analyst Blog

Zacks Equity Research - Zacks Investment Research - Wed May 22, 5:30PM CDT
We remain Neutral on Wynn Resorts. (full story)

Wynn Resorts Announces Completion of Tender Offer and Consent Solicitation and Completion of Private Offering of Wynn Las Vegas 4.25% Senior Notes Due 2023

Business Wire - Wed May 22, 3:08PM CDT
Wynn Resorts, Limited (NASDAQ: WYNN) announced today that Wynn Las Vegas, LLC, an indirect wholly owned subsidiary of Wynn Resorts, Limited, completed its previously announced cash tender offer (the "Tender Offer") for any and all of the 7 7/8% First Mortgage Notes due 2017 (the "2017 Notes") issued by Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp. (the "issuers") and a solicitation of consents to certain proposed amendments to the indenture (the "Indenture") governing the 2017 Notes (the "Consent Solicitation"). The Tender Offer and Consent Solicitation expired at midnight, New York City time, in the evening of May 21, 2013 (the "Expiration Time"), and the issuers have received the requisite consents from holders of the 2017 Notes in connection with the Consent Solicitation to amend the Indenture. At the Expiration Time, valid tenders had been received with respect to approximately $274.7 million of the $500.0 (full story)

Critical Alerts For HSBC, Merck, CSX, Wynn Resorts, and Lam Research Released By InvestorsObserver

PR Newswire - Wed May 22, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for HBC, MRK, CSX, WYNN, and LRCX. (full story)

Macau lawyer says assault was intimidation attempt

By KELVIN CHAN - AP - Mon May 20, 4:43AM CDT
HONG KONG (AP) — A Macau lawyer assaulted in broad daylight in the Chinese gambling haven said Monday the attack was an attempt to intimidate him. (full story)

Starwood' Extensive Latin America Plans - Analyst Blog

Zacks Equity Research - Zacks Investment Research - Thu May 16, 12:00PM CDT
Starwood plans to expand its operations in Latin America by 50% over the next five years. (full story)

Wynn Resorts prices private offering of USD500.0m of subsidiaries' senior notes due 2023

M2 - Thu May 16, 3:53AM CDT
Wynn Resorts Limited (NASDAQ:WYNN), together with its subsidiaries develop, own and operate destination casino resorts, stated on Wednesday that USD500.0m aggregate principal amount of 4.25% senior notes due 2023 were priced by each of its indirect wholly owned subsidiaries, Wynn Las Vegas LLC and Wynn Las Vegas Capital Corp (the issuers). (full story)

MGM, China State Construction Deal - Analyst Blog

Zacks Equity Research - Zacks Investment Research - Wed May 15, 5:51PM CDT
MGM inked a Strategic Cooperation Agreement with China State Construction. (full story)

Wynn Resorts Announces Pricing of Private Offering of $500.0 Million Aggregate Principal Amount of Wynn Las Vegas 4.25% Senior Notes Due 2023

Business Wire - Wed May 15, 3:44PM CDT
Wynn Resorts, Limited (NASDAQ: WYNN) announced today the pricing by Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp. (the "issuers"), each an indirect wholly owned subsidiary of Wynn Resorts, Limited, of $500.0 million aggregate principal amount of 4.25% Senior Notes due 2023 (the "Notes"). The Notes will be issued at par. Wynn Las Vegas, LLC plans to use the net proceeds from the offering to purchase any and all of the issuers' outstanding $500.0 million aggregate principal amount of 77/8% First Mortgage Notes due 2017 (the "2017 notes") pursuant to a cash tender offer and consent solicitation with respect to the 2017 notes announced today. In addition, Wynn Las Vegas, LLC intends to satisfy and discharge the indenture governing the 2017 Notes and use any remaining net proceeds from the offering to redeem any 2017 Notes not tendered. (full story)

Make the Ultimate Consumer Bet with the Gaming ETF - ETF News And Commentary

Eric Dutram - Zacks Investment Research - Wed May 15, 2:45PM CDT
Should investors gamble on this discretionary ETF as a great consumer play? (full story)

Wynn Resorts Announces Private Offering of $500.0 Million Aggregate Principal Amount of Wynn Las Vegas Senior Notes Due 2023

Business Wire - Wed May 15, 8:17AM CDT
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp. (the "issuers"), each an indirect wholly owned subsidiary of Wynn Resorts, Limited, are offering $500.0 million aggregate principal amount of Senior Notes due 2023 (the "Notes"). Wynn Las Vegas, LLC plans to use the net proceeds from the offering to purchase any and all of the issuers' outstanding $500.0 million aggregate principal amount of 77/8% First Mortgage Notes due 2017 (the "2017 notes") pursuant to a cash tender offer and consent solicitation with respect to the 2017 notes announced today. In addition, Wynn Las Vegas, LLC intends to satisfy and discharge the indenture governing the 2017 Notes and use any remaining net proceeds from the offering to redeem any 2017 Notes not tendered. (full story)

Wynn Resorts Announces Commencement of Tender Offer for Cash and Consent Solicitation by Wynn Las Vegas, LLC for Any and All of its 77/8% First Mortgage Notes Due 2017

Business Wire - Wed May 15, 8:15AM CDT
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that its indirect wholly owned subsidiary, Wynn Las Vegas, LLC, has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding $500.0 million aggregate principal amount of 77/8% First Mortgage Notes due 2017 (the "Notes") and a solicitation of consents to certain proposed amendments to the indenture (the "Indenture") governing the Notes (the "Consent Solicitation"). The proposed amendments would eliminate substantially all of the restrictive covenants as well as various events of default and other provisions. (full story)

Wynn Las Vegas Receives 2013 Communicator Awards for New Taxi Cab Marketing Campaign and Website

Thomson Reuters ONE - Thu May 09, 12:23PM CDT
FOR IMMEDIATE RELEASE (full story)

MGM Resorts Beats 1Q Earnings, Rev - Analyst Blog

Mark Vickery - Zacks Investment Research - Fri May 03, 9:40AM CDT
MGM Resorts International's first-quarter earnings per share and revenues beat the Zacks Consensus Estimate. (full story)

Las Vegas Earnings Move Up, Revs in Line - Analyst Blog

Zacks Equity Research - Zacks Investment Research - Thu May 02, 9:15AM CDT
Las Vegas Sands recently reported first-quarter 2013 adjusted earnings of 71 cents per share. (full story)

Garth Brooks Set To Celebrate His 3 Year Wynn Engagement With Two Upcoming Concert Weekends

PR Newswire - Thu May 02, 8:00AM CDT
After spending 3 years together at the Encore Theater in Las Vegas, Steve Wynn and Garth Brooks are proud to announce that they are planning to film the upcoming Memorial Day and July 4th weekend concerts to memorialize his time on the Encore Theater stage, the special will also then be available on DVD. (full story)

Macau helps Las Vegas Sands top 1Q expectations

By HANNAH DREIER - AP - Wed May 01, 7:42PM CDT
LAS VEGAS (AP) — Las Vegas Sands Corp. drew a record number of gamblers in Macau in the first quarter and took in more money from its Singapore casinos, helping lift net income by 15 percent to top expectations. (full story)

Caesars' 1Q loss shrinks but still misses estimate

By HANNAH DREIER - AP - Wed May 01, 6:28PM CDT
LAS VEGAS (AP) — Casino operator Caesars Entertainment Corp. posted a smaller loss for its first quarter on Wednesday, but results still missed expectations as a drop in visitors dragged down revenue. (full story)
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