Height Securities on regulatory risk with Wynn Resorts [Seeking Alpha]
Wynn Resorts, Limited (WYNN)
Last wynn resorts, limited earnings: 2/6 04:03 pm
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US:NASDAQ Investor Relations:
wynnresorts.com
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Source: Seeking Alpha
Height Securities on regulatory risk with Wynn ResortsHeight Securities analyst Stefanie Miller thinks Wynn Resorts (NASDAQ:WYNN) is likely on safe ground to keep its licenses in Macau, Nevada and Massachusetts."We believe that Steve Wynn stepping down from his position as CEO of WYNN, creates a path for Massachusetts, Macau, and Nevada regulators to avoid revoking the company’s existing licenses. Instead, we believe the most likely punitive actions will come in the form of monetary fines," writes Miller.While the crucial Macau license is up for renewal in 2022, Miller says Wynn's reported behavior is not a "major concern" to Macau regulators ."We think the complicated and opaque license renewal process writ large creates far more risk for WYNN than the recent allegations of sexual assault by the company's former CEO," she advises.Click to subscribe to real-time analytics on WYNNNow read:Steve Wynn's Personal Woes: A Cause For Concern, But Not Panic »
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WYNN
News
- Casino Operator Stocks Q4 Earnings Review: Wynn Resorts (NASDAQ:WYNN) Shines [Yahoo! Finance]Yahoo! Finance
- Returns At Wynn Resorts (NASDAQ:WYNN) Appear To Be Weighed Down [Yahoo! Finance]Yahoo! Finance
- Revelry Las Vegas 2024: An Unforgettable Culinary Extravaganza at Wynn [Yahoo! Finance]Yahoo! Finance
- CedarCreek Systems Advances in Legal Battle Against BirchStreet Systems Over Reseller Agreement Breach [Yahoo! Finance]Yahoo! Finance
- Wynn Resorts, Limited (NASDAQ: WYNN) had its price target raised by analysts at Barclays PLC from $117.00 to $123.00. They now have an "overweight" rating on the stock.MarketBeat
WYNN
Earnings
- 2/7/24 - Beat
WYNN
Sec Filings
- 3/20/24 - Form ARS
- 3/20/24 - Form DEF
- 3/20/24 - Form DEFA14A
- WYNN's page on the SEC website