Wynn Resorts takes tougher stance as it defends its Massachusetts gaming license

Österreich Nachrichten Nachrichten

Wynn Resorts takes tougher stance as it defends its Massachusetts gaming license
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Wynn Resorts is taking an aggressive new tact with the Massachusetts Gaming Commission, it questioned whether regulators are violating the company's due process rights and those of the executives and directors in a post-hearing brief.

Wynn Resorts is taking an aggressive new tact with the Massachusetts Gaming Commission, questioning whether regulators are violating the company's due process rights and those of the executives and directors in a post-hearing brief.

Last week, the Investigations and Enforcement Bureau declined to make a recommendation to regulators regarding Wynn Resorts' suitability as a gaming licensee. Commissioners were especially tough in their questioning of Maddox, Steve Wynn's protegee and appointed successor. Maddox has repeatedly denied knowledge of the litany of complaints by employees against Steve Wynn.

The commission also suggested that Nevada's investigation may be continuing, however, the Nevada Gaming Control Board provided Wynn Resorts with written confirmation that Maddox was found suitable and remains in good standing with gaming regulators in that state, according to a statement received by Wynn Resorts. The chairman of the Nevada Gaming Commission Tony Alamo said its investigation has ended entirely.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

CNBC /  🏆 12. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Wynn Resorts Bids $7.1 Billion for Australia’s Crown ResortsWynn Resorts Bids $7.1 Billion for Australia’s Crown ResortsWynn Resorts of Las Vegas offered to buy Australia’s Crown Resorts for about $7.1 billion, in the latest sign that global gambling companies are looking to get bigger as they battle with online gaming.
Weiterlesen »

Wynn Resorts confirms 'discussions' with Crown Resorts regarding potential buyout dealWynn Resorts confirms 'discussions' with Crown Resorts regarding potential buyout dealWynn Resorts Ltd. confirmed Tuesday that it was in discussions with Crown Resorts Ltd. regarding a potential buyout of the Australia-based gaming giant. Wynn's statement comes after Crown said overnight the companies were in "confidential discussion" about a potential deal, with reports saying Wynn made a bid worth about 10 billion Australian dollars, or the equivalent of roughly $7.1 billion. Crown's stock soared 20% in overseas trading, while Wynn shares slipped 0.6% in light premarket trade. Wynn said in a filing with the SEC Tuesday that there is "no assurance that these discussions will result in a transaction," and that it does not intend to comment further. Wynn's stock has soared 46.5% year to date through Monday, compared with a 15.5% gain for the S&P 500 .
Weiterlesen »

Wynn Resorts Ends Talks With Crown Resorts After Premature DisclosureWynn Resorts Ends Talks With Crown Resorts After Premature DisclosureWynn Resorts said it has walked away from talks on a potential $7.1 billion deal with Crown Resorts, citing the Australian company’s premature disclosure of the discussions.
Weiterlesen »

Australia's Crown Resorts gets $7.1 billion takeover approach from Wynn ResortsAustralia's Crown Resorts gets $7.1 billion takeover approach from Wynn ResortsAustralia's Crown Resorts said on Tuesday it was in talks with Las Vegas ri...
Weiterlesen »

Wynn terminating discussions with Australia's Crown Resorts after deal talks leakedWynn terminating discussions with Australia's Crown Resorts after deal talks leakedThe world's No. 2 casino operator Wynn Resorts has terminated deal talks with Crown Resorts after those discussions were leaked.
Weiterlesen »

Stocks making the biggest moves premarket: Boeing, Disney, Wynn Resorts, Altria, Zogenix & moreStocks making the biggest moves premarket: Boeing, Disney, Wynn Resorts, Altria, Zogenix & moreSome of the names on the move ahead of the open.
Weiterlesen »

Wynn Resorts Scraps $7 Billion Takeover Talks With Australian Casino OperatorWynn Resorts Scraps $7 Billion Takeover Talks With Australian Casino Operator
Weiterlesen »

Big Wynn? Vegas giant makes $7.1 billion play for Australia's CrownBig Wynn? Vegas giant makes $7.1 billion play for Australia's CrownLas Vegas’s Wynn Resorts makes $7.1 billion buyout play for Australian casino giant Crown Resorts via byronkaye TSWestbrook
Weiterlesen »

Factbox: Synergies and opportunities in Wynn's $7.1 billion buyout play for CrownFactbox: Synergies and opportunities in Wynn's $7.1 billion buyout play for CrownLas Vegas's Wynn Resorts has made a $7.1 billion takeover offer for Austral...
Weiterlesen »



Render Time: 2025-04-05 23:01:13