After a recent hearing at the Massachusetts Gaming Commission, Wynn Boston Harbor President Robert DeSalvio told the press that the company will “definitely” rebrand the project. When asked about what the new brand of the towering integrated resort will be, DeSalvio didn’t reveal any details, only saying that it is “under active consideration right now”. But some recent internet domain name acquisitions made by the company point to the potential use of the “Encore” brand, at least in relation to this project. According to the paper, Wynn Resorts Holdings has registered at least nine internet domains using this brand, including…

Embattled casino king Steve Wynn is once again threatening a defamation suit, this time against Boston Mayor Martin Walsh. Earlier this year, Wynn was embarrassed when a California judge dismissed a slander suit he filed against stock market short-seller James Chanos and ordered his casino company to pay $422,000 in court costs and legal fees. Weeks later Wynn sent one of his attorneys to the Nevada Legislature to attempt to gut the state’€™s strong strategic lawsuit against public participation, or SLAPP, law, with tepid results. Now Wynn Resorts Ltd. is threatening to sue Walsh for allegedly smearing the company in…

Casino tycoon and billionaire Steve Wynn is no stranger to lawsuits or controversy as Wynn Resorts and Steve Wynn have had their fair share of battles over the years. What Wynn is not accustomed to is losing and that is exactly what happened with his lawsuit against James Chanos, a hedge fund manager and the founder of Kynikos Associates. It all started on the UC Berkeley campus in 2014 during the Logan Symposium investigative journalism conference where Chanos said he had shorted Macau casino operators because he was worried about violations of U.S. anti-bribery laws and the general way business was done…

Shares of Las Vegas-based casino operator Wynn Resorts ended Thursday’s trading day up over 7%, making it TheStreet’s Move of the Day. The reason was merger speculation. TheStreet’s Jim Cramer, portfolio manager of the Action Alerts PLUS Charitable Trust Portfolio, noted on CNBC there is speculation of a Wynn merger with Las Vegas-based competitor MGM Resorts International. Wynn’s first-quarter earnings, released in late April, included earnings per share of 70 cents, falling short of the consensus estimate. Revenue slumped almost 28% year over year to $1.09 billion. Revenue from Wynn’s Macau properties, a major casino hub in China, dropped nearly…

In an interview on Nevada political program “Ralston Reports”, billionaire casino owner Steve Wynn touched on a number of topics concerning the U.S. gaming industry and said that he is still against real-money casino games on the Internet. “I believe that Internet gaming is not going to happen in any way that is meaningful for Las Vegas,” Wynn said. The 73-year-old said he still agrees with fellow casino owner Sheldon Adelson. The latter is trying to push an online gaming ban through Congress, but the proposal is flirting with numerous carve-outs for some forms of online gambling. Peer-to-peer online poker…

The Telegraph – Wynn Macau Ltd. reported first-quarter profit that beat analyst estimates as billionaire Steve Wynn’s casino drew more premium mass-market customers in the world’s largest gambling hub. The stock climbed. The company rose 4.1 percent to HK$31.80 (£2.436), the biggest gain since April 1, at the close in Hong Kong trading. The city’s benchmark Hang Seng Index rose 0.6 percent. Wynn Macau, which is building the $4 billion Wynn Palace resort to add to its sole casino in the city, has been reallocating gambling tables to serve the so-called premium mass gamblers who bet in cash. They provide…