#Craig Billings

Review Journal

CEO pay towers over employees at big Las Vegas companies

With its economy fueled by tourism, Las Vegas' workforce is heavy on lower-paying service jobs. Las Vegas' corporate chieftains, on the other hand, earn paychecks that card dealers, housekeepers and cocktail servers can only dream of. The pay ratios of CEOs to their typical employees shot past 100-to-1 last year at several Las Vegas-based companies…
Industry
CEO pay towers over employees at big Las Vegas companies
Wild Casino
South China Morning Post

Casino operator Wynn Resorts beats fourth-quarter profit estimates on improved Las Vegas, Macau performance

Wynn Resorts, the controlling shareholder of Wynn Macau, beat fourth-quarter profit estimates on stronger gaming, luxury retail and hotel bookings at its Macau and Las Vegas properties. The company posted adjusted profit of US$1.91 per share, exceeding analysts' estimates of US$1.15, according to LSEG Data & Analytics. Operating revenue came in at…
Travel
Casino operator Wynn Resorts beats fourth-quarter profit estimates on improved Las Vegas, Macau performance
Vegas Inc

UAE creates federal authority for 'commercial gaming' as casino giants flock to nation

Monday, Sept. 4, 2023 | 10:38 a.m. DUBAI, United Arab Emirates - The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news…
Industry
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The Motley Fool

Better Buy: Wynn Resorts or Las Vegas Sands Stock?

The gaming and resort industry continues to recover from the pandemic, and one of the biggest gaming markets in the world reopened earlier this year: Macao, China. With Macao back in action, casino operators there stand to benefit from pent-up demand -- as do casino stock investors. Here, I'll compare two American casino companies with properties…
Industry
Better Buy: Wynn Resorts or Las Vegas Sands Stock?
Wales 247

The Impact of Online Gambling On the American Gaming Industry

The amount of money made from gambling has gone up 14% since last year. People can now gamble online and watch real people deal cards or spin a wheel for them. This is called "live dealing". Playtech opened a studio near Detroit so people can use their phones to feel like they are in a real casino. It made over $60 billion, which was 14% more than…
Industry
thegarnettereport.com

Is WynnBet a legitimate online casino?

With so many online casino offers, some of them are possibly scams or they do not give enough payouts to compensate for your time and money invested. So, what about WynnBet? Is WynnBET casino legit? The short answer is yes, WynnBet Casino is a legitimate online casino operated by Wynn Interactive, a subsidiary of Wynn Resorts. Wynn Resorts is a…
Trust and Safety
Is WynnBet a legitimate online casino?
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What UAE's First Casino Will Mean For The Region

Dubai's best escape from the city is the fourth largest emirate itself, the opulent Ras Al-Khaimah. There is plenty for everyone to enjoy and experience, from premium wellness centers and adrenaline sports facilities to the national museum that preserves the country's 7000-year-long rich history. Notwithstanding being a delightful home with many…
Travel
What UAE's First Casino Will Mean For The Region
World Casino News

Six Macau casino operators receive official gaming licenses from the Macau government

Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by rank: Six casino operators signed the contract according to their rank in the recent tender process: MGM Grand Paradise, Galaxy…
Industry
Six Macau casino operators receive official gaming licenses from the Macau government
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Las Vegas Strip Leader Sells Key Casino

Regional gaming got a shakeup this week, with a big Las Vegas player selling a key property on the East Coast. Liquidity is the name of the game in the current economic environment, and Wynn Resorts (WYNN) - Get Free Report is being proactive with its properties. The Las Vegas-based casino operator announced the completion of a planned sale of land…
Land-based
Las Vegas Strip Leader Sells Key Casino
The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz American Gaming Association CEO Bill…
Industry
Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations
Yogonet

Wynn Resorts' UAE casino to be "larger than Wynn Las Vegas"

Hotel and casino operator Wynn Resorts's Chief Executive Craig Scott Billings confirmed the group will open a casino at the luxury resort it is building in the United Arab Emirates (UAE), a first for the Gulf Arab region, where gambling has long been off-limits. The casino, first announced in January, will be located on a man-made island off the…
Travel
European Gaming

Wynn Marjan Confirmed As First Casino Resort In UAE

Wynn Resorts, one of the world's largest high-end hotel developers and operators, has issued an official statement confirming that their upcoming resort in Ras Al Khaimah, located in the United Arab Emirates, will contain a gambling establishment. The Chief Executive Officer of Wynn Resorts, Craig Billings, stated that the casino at the new…
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The Street

Forget Covid, the Las Vegas Strip Faces a Growing Health Crisis

On March 17, 2020, a mandate to close all non-essential businesses in Nevada was handed down by Gov. Steve Sisolak. The coronavirus scare had become a reality and the magnitude of the moment was only beginning to settle in. It was the first time in more than 50 years that all the state's casinos were shut down. It hadn't happened since the 1963…
Covid
Forget Covid, the Las Vegas Strip Faces a Growing Health Crisis
iNtergame

Wynn’s UAE casino set for 2026

Wynn Resorts was granted permission to build a resort "with gaming," although "gambling" was not specifically mentioned, in January. This week, however, Wynn CEO Craig Billings confirmed the casino. For many years, casinos have not been permitted in the Gulf Arab region. Billings said that the casino, which for some time would be operating on its…
Travel
whatson.ae

Wynn Resort Ras Al Khaimah plans "a bigger casino" than original in Las Vegas

Wynn Resorts have unveiled more details for the brand's upcoming Ras Al Khaimah resort, which will include a casino, according to a recent release. First announced back in January, Wynn Marjan will be the brand's first property the Middle East and will open in 2026. At the time of announcement, it was revealed that the multi-billion dollar resort -…
Travel
Wynn Resort Ras Al Khaimah plans "a bigger casino" than original in Las Vegas
Vegas Slots Online

Wynn Resorts to Develop the First-Ever Casino in the UAE

It looks like casino gambling is coming to the UAE, as a Wynn Resorts project is on the horizon. [Image: Shutterstock.com] The United Arab Emirates (UAE) appears to be close to getting its very first casino. Details of the plan were revealed this week, with Wynn Resorts to lead the project. The company's first-ever beach resort, the casino is…
Travel
Wynn Resorts to Develop the First-Ever Casino in the UAE
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Caesars bid for a Times Square casino rattles Broadway

Gambling giant Caesars bid for a casino in Times Square is sparking strong opposition from Broadway. As news of the idea for a Caesars Palace Times Square was announced, the Broadway League jumped into the debate, saying they don't see a gambling mecca as a good fit alongside the dramas and musicals that draw tourists to New York. "The addition of…
New Year
Caesars bid for a Times Square casino rattles Broadway
Review Journal

Gaming industry CEOs wary of future issues while celebrating Las Vegas success

Two prominent casino company CEOs said Tuesday they're happy that Southern Nevada is pacing a record industry rebound, but they remain wary of economic uncertainties that could put a dent in the future. Derek Stevens, owner of downtown Las Vegas' Circa, and Craig Billings, the newest person to hold the position of CEO of Wynn Resorts Ltd., kicked…
Industry
Gaming industry CEOs wary of future issues while celebrating Las Vegas success
Vegas Inc

Safety, security remain top priorities, Las Vegas resort executives say at conference

Circa casino owner Derek Stevens, left, and Wynn Resorts CEO Craig Billings participate in a panel discussion with gaming executives at Global Gaming Expo (G2E) in the Venetian Expo Tuesday, Oct. 11, 2022. Wednesday, Oct. 12, 2022 | 2 a.m. Despite some high-profile crimes, including a mass stabbing last week, "it's hard to find a safer location…
Travel
Safety, security remain top priorities, Las Vegas resort executives say at conference
Review Journal

Global Gaming Expo returns to Las Vegas with supermarket of new casino toys, ideas

The casino industry's top movers and shakers pour into Las Vegas this week to be dazzled by the latest gaming technology and to strategize on keeping strong the industry that has nurtured the city into an economic powerhouse. The four-day Global Gaming Expo opens Monday at The Venetian Expo with a series of educational sessions, and the trade show…
Sports
Global Gaming Expo returns to Las Vegas with supermarket of new casino toys, ideas
Vegas Slots Online

Wynn, Related Bid for New Casino in Midtown Manhattan

Two giants of contrasting industries are teaming up to bid for a new Las Vegas-style casino in New York City at a location previously considered for new Jets and Yankees stadiums. bidding for a casino license in Midtown Manhattan On Thursday, New York-based real estate developer the Related Companies and Wynn Resorts revealed they are bidding for a…
Travel
Wynn, Related Bid for New Casino in Midtown Manhattan
The Kingston Whig Standard

Best US and UK casino shares

Fancy buying into the cash and the glamour of the casino sector? Many of the major casino chains and resorts in the US - and some in the UK - are listed companies. As well as casinos, many of them, including US companies like MGM, and Caesar's Entertainment, own and run substantial hotels and resorts, where the casinos are situated. Like most of…
Covid
Best US and UK casino shares
Review Journal

Macao casino relicensing occurring as region recovers from shutodown of properties

Macao, the most lucrative casino gaming market in the world since 2006, is taking a page from an old Strip playbook. Remember those efforts to draw families to Las Vegas in the 1990s? Casino companies across the valley built thrill rides, roller coasters and Strip-front entertainment to attract audiences to their resorts. That's what's in store for…
Strategy Guide
Macao casino relicensing occurring as region recovers from shutodown of properties
The Street

Las Vegas Casinos Should See Bump From Macau Reopening

Macau has been in dire straits for more than the past week. Earlier this month, the Chinese government announced that it would close all casinos in Macau starting July 11 as the region battles a covid-19 outbreak that infected nearly 1500 people over a three week period in the city of 680000. During previous outbreaks, the Chinese government had…
Land-based
Las Vegas Casinos Should See Bump From Macau Reopening
Gambling News

Wynn's $2B UAE Casino Resort Offers 'Brand Extension'

A $2 billion integrated casino resort in the United Arab Emirates (UAE) is one of the key priorities for Wynn Resorts as the company seeks to extend its brand worldwide according to Wynn Resorts CEO Craig Billings. Billings, who is now over six months into the position of chief executive officer at the casino resort operator, also discussed company…
Travel
Wynn's $2B UAE Casino Resort Offers 'Brand Extension'
The Street

New Las Vegas Strip Casino Property Owner Looks to Dubai

Anything can happen on the Las Vegas Strip. That goes for what tourists might do in a place that for years told people that any sins they commit in Sin City "stay in Vegas," but it also goes for the actual properties on the famed stretch of land. MGM Resorts International (MGM) - Get MGM Resorts International Report, for example, owns an Egyptian…
Land-based
New Las Vegas Strip Casino Property Owner Looks to Dubai
The Street

Wynn Has to Spend a Lot of Money to Stay Relevant in Las Vegas

Different locales call for different strategies in the casino business. When Macau was the buzzing international growth market as recently as 2019, most American casinos sold investors on their plans to expand in China. But a couple of years of pandemic lockdowns, and uncertainty about gambling licenses amid a crackdown on corruption in the…
Travel
Wynn Has to Spend a Lot of Money to Stay Relevant in Las Vegas
Review Journal

Optimism high among casino execs during Las Vegas investor forum

Nevada-based casino companies are poised for a strong 2022, judging by the upbeat comments from executives during an investment forum this week at Wynn Las Vegas. Casino executives said business is approaching or surpassing pre-COVID-19 levels, many companies are showing favorable group business calendars and leisure visitors continue to crowd…
Finance
Optimism high among casino execs during Las Vegas investor forum
The Street

Overlooked Section of the Iconic Las Vegas Strip Gets a New Life

When you think of the Las Vegas Strip, you generally think of the south Strip, which counts Planet Hollywood, Aria, Mandalay Bay, and Luxor among its many properties as well as the famous "Welcome to Las Vegas" sign, or the mid-Strip which contains the Venetian, Mirage, Harrah's Caesars Palace, Pairs, and Bellagio among other properties. These two…
Land-based
Overlooked Section of the Iconic Las Vegas Strip Gets a New Life
Review Journal

Wynn selling real estate in Boston, not Las Vegas

After unveiling a lucrative deal to sell its Boston-area casino and rent it back, Wynn Resorts' boss put the kibosh on doing the same in Las Vegas. Wynn CEO Craig Billings said during an earnings call this week that Las Vegas is "very different" from regional casino markets, and the "need for continuous and sizable reinvestment in order to stay…
Land-based
Wynn selling real estate in Boston, not Las Vegas
The Boston Globe

Wynn Resorts cashes in on Everett casino in $1.7 billion deal

Wynn Resorts is selling off its Encore Boston Harbor casino property in Everett, though patrons shouldn't notice any difference at all. On Tuesday, Wynn announced a $1.7 billion sale to Realty Income, a large real estate investment trust, and aims to use the proceeds, in part, to help fund development plans across Broadway from the casino. But no,…
Travel
Wynn Resorts cashes in on Everett casino in $1.7 billion deal
CNBC

Casino giant Wynn to open a 1,000-room resort in UAE emirate introducing legal 'gaming'

DUBAI, United Arab Emirates - American casino developer Wynn Resorts has set its sights on a new market, and one that has never before allowed gambling: the United Arab Emirates. The Nevada-based casino giant on Tuesday announced a multibillion-dollar deal with the UAE emirate of Ras al-Khaimah that will see it open a 1000-room luxury hotel with 10…
Religion
Casino giant Wynn to open a 1,000-room resort in UAE emirate introducing legal 'gaming'
Australasian Leisure

UAE’s first casino to open as part of integrated resort in Ras Al Khaimah

As the United Arab Emirates moves to legalise gambling, Wynn Resorts has announced plans for a "multi-billion" dollar integrated resort to be built in Ras Al Khaimah. Wynn Resorts - which in addition to its US properties also operates three casinos in Macau - will team with developer Marjan and RAK Hospitality Holding to develop a 1000-room luxury…
Travel
UAE’s first casino to open as part of integrated resort in Ras Al Khaimah
Vegas Slots Online

Wynn UAE Deal May Pave the Way for a Gulf State Casino

Wynn Resorts has entered into an agreement to develop a luxury resort in the United Arab Emirates (UAE). Tuesday's announcement stated that there will be a "gaming" area at the multi-billion-dollar resort in Ras Al Khaimah, but it is unclear if this area will have gambling options. None of the involved parties have replied to media questions…
Religion
Wynn UAE Deal May Pave the Way for a Gulf State Casino
WFMZ News

UK Online & Casino Revenue Reported Healthy Even with Current Pandemic Conditions

PALM BEACH, Fla., Dec. 7, 2021 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - Gambling experts have long contended that the industry is not recession-proof, and data has recently supported this claim. The COVID-19 pandemic has turned the entire world upside down, and the gambling industry is no exception. Financial information is starting…
Covid
Gambling Insider

Bill Callahan named interim CEO of Atlantic City’s Ocean Casino

Bill Callahan has been named interim CEO of Atlantic City's Ocean Casino Resort after New Jersey's Division of Gaming Enforcement approved his appointment. Callahan's new role comes as a promotion for the industry veteran, with him having previously served as Executive VP and Senior VP of Ocean. He boasts more than two decades of industry…
Industry
Bill Callahan named interim CEO of Atlantic City’s Ocean Casino
Chelsea Record

Encore Boston Harbor Casino Records Record Gaming Quarter, Cost Controls

Reporting that they have contained operating expenses and costs at both Encore Boston Harbor and in Las Vegas, Wynn Resorts reported that both Encore and their Las Vegas properties recorded record earnings for the second quarter (April to June). Once again, the casino operating revenues at Encore outdid the Las Vegas properties - and with Macau…
NFL
Yogonet

WynnBET to open Blue Wire podcasting studio at Wynn Las Vegas in August

ynnBET, Wynn Resorts' mobile sports betting app, unveiled on Tuesday details of the Blue Wire podcasting studio currently under construction at Wynn Las Vegas. The 1700-square-foot space is set to kick off operations in August ahead of the 2021 NFL season and will be utilized year-round to create thousands of hours of sports-related audio, video,…
Sports
WFMZ News

WynnBET Unveils Details Of New Blue Wire Podcasting Studio At Wynn Las Vegas

LAS VEGAS, June 29, 2021 /PRNewswire/ -- WynnBET, the premier mobile sports betting app from the global leader in luxury hospitality, Wynn Resorts, unveiled on Tuesday details of the Blue Wire podcasting studio currently under construction at Wynn Las Vegas. The 1700-square-foot, state-of-the-art space is set to kick off operations in August ahead…
Sports
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