The Latest Breaking News from WYNN

A new bill would set a higher threshold for what slot winnings need to be reported to the IRS (which Caesars, MGM, and others should love). Should you bet on it passing?

With inflation disproportionally hurting those with less money, customer wealth is an important issue for casinos.

According to data from Benzinga Pro, during Q1, Wynn Resorts's (NASDAQ:WYNN) reported sales totaled $953.33 million. Despite a 0.71% increase in earnings, the company posted a loss of $254.61 million.

Always bet on the company holding the most chips. That's not Caesars or MGM.

The dollar has soared this year, with the Bloomberg Dollar Spot Index gaining 4.5%. That’s a big number for the greenback.

Casino operator Wynn may not own as many properties as MGM and Caesars, but it's focused on competing with its bigger rivals.

The legalization of gambling in several states has not led to the boom in gaming and casino stocks that many were expecting over the long term.

Over the past 3 months, 6 analysts have published their opinion on Wynn Resorts (NASDAQ:WYNN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Wynn Resorts (NASDAQ:WYNN) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Wynn Resorts missed estimated earnings by 5.22%, reporting an EPS of $-1.21 versus an estimate of $-1.15.

This once-dormant area has quickly become a challenger to Caesars and MGM's Las Vegas dominance on the Central and South parts of the iconic Las Vegas Strip.

This time around, it's an all-quarterback challenge at the Wynn in Vegas.