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Wynn Resorts soars
Landry's CEO Fertitta becomes Wynn Resorts' largest individual shareholder with nearly 10% stake
Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the Securities and Exchange Commission. The filing indicates a passive position, though multiple people familiar with the matter tell CNBC they suspect Fertitta will be demanding.
Wynn Resorts soars as Fertitta reports 9.9% passive stake; may become activist soon
Wynn Resorts (NASDAQ:WYNN) jumped 7% after Tilman Fertitta reported a 9.9% passive stake in the casino operator. Fertitta reported owning 10.9 million shares, according to a 13G/A filing on Wednesday.
Tillman Fertitta raises his stake in Wynn casinos, sending shares soaring
Tilman Fertitta, Houston's richest billionaire, raised his stake in Wynn Resorts, the Las Vegas gaming enterprise.
Wynn Resorts Up 9% as Tilman Fertitta Reports 9.9% Stake
Wynn Resorts shares were higher after Tilman Fertitta reported a 9.9% stake late Wednesday. The stock was up 9% to $93.54 Thursday and is up about 3% this year. Fertitta owns Golden Nugget Casinos, Landry's Inc. and the Houston Rockets. He disclosed the stake in Form 13G, which is used for passive investments.
Wynn Resorts Stock Surges As Tilman Fertitta Increases Stake
Wynn Resorts Ltd (NASDAQ:WYNN) shares are trading higher Thursday after billionaire Tilman Fertitta disclosed a 9.9% passive stake in the company.
Tilman Fertitta Said to Be Unhappy With Wynn Resorts Performance
Tilman Fertitta, who reported a 9.9% stake in Wynn Resorts Ltd. this week, is unhappy with the casino operator’s performance and share price, according to people familiar with his thinking.
9d
Wynn Resorts Bets $5 Billion On The World's Newest Themed Entertainment Hub
Deluxe resorts are nothing new in the United Arab Emirates. The country is already home to almost every leading luxury hotel ...
Reuters
9d
Wynn misses third-quarter profit, revenue estimates on weak Las Vegas business
Nov 4 -
Wynn
Resorts
(
WYNN
.O), opens new tab posted quarterly profit and revenue below Wall Street expectations on ...
9d
Wynn Resorts (WYNN) Q3 2024 Earnings Call Transcript
Wynn Resorts (NASDAQ: WYNN) Q3 2024 Earnings Call Nov 04, 2024, 4:30 p.m. ET ...
10d
How To Earn $500 A Month From Wynn Resorts Stock Ahead Of Q3 Earnings
Wynn Resorts, Limited (NASDAQ:WYNN) will release earnings results for its third quarter, after the closing bell on Monday, ...
NBC New York
22h
Landry CEO Fertitta becomes Wynn Resorts' largest individual shareholder with nearly 10% stake
Billionaire Tilman Fertitta has increased his ownership stake in
Wynn
Resorts
to 9.9%, according to a filing with the ...
bnnbloomberg
2h
Billionaire Tilman Fertitta Is Unhappy With Wynn Resorts Performance
(Bloomberg) -- Tilman Fertitta, who reported a 9.9% stake in
Wynn
Resorts
Ltd. this week, is unhappy with the casino ...
4d
Inside Wynn Resorts’ $3.9 Billion Gamble On The UAE
With its first casino resort set to open in 2027, a little-known emirate is suddenly an unlikely hot gaming market. Here’s ...
TravelPulse
6d
Three Prominent Las Vegas Hotel-Casinos Fail To Meet Third Quarter Expectations
Caesars Entertainment missed revenue estimates by 1.5 percent, reporting roughly $2.87 billion in net revenue for the three ...
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