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Sports Betting With Wynn Resorts To Become Public Company

Sports Betting With Wynn Resorts To Become Public Company

by Christina Monroe | May 11, 2021 11:34 am | Sports Betting

Wynn Interactive will be a part of the Nasdaq Stock Market by the end of 2021. The sports betting company will be known as WBET to shareholders. Billions of dollars are expected to be gained by merging the sports wagering platform into a stock-style framed company....
Wynn Resorts Invests In Sports Betting With $80M BetBull Deal

Wynn Resorts Invests In Sports Betting With $80M BetBull Deal

by Christina Monroe | Nov 9, 2020 11:29 am | Sports Betting

Wynn Interactive cost Wynn Resorts $80 million as they merged with BetBull to form the mobile and internet sportsbook. The sports betting platform has already gone live in the New Jersey market as of August. LAS VEGAS – A partnership deal that started in October 2018...
Q1 Earnings Report Shows Wynn Resorts Was Hit Hard By COVID-19

Q1 Earnings Report Shows Wynn Resorts Was Hit Hard By COVID-19

by Carter Floyd | May 8, 2020 11:09 am | Revenue

Wynn Resorts lost nearly $700 million in revenue in Q1 2020 compared to Q1 2019. The company’s stock price dropped by $84.87 (61%) from January 1 to March 31 as well. Some of Wynn’s losses are attributable to its decision to pay employees despite Wynn properties being...

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