Wynn Resorts Bolsters Investor Relations Team

Rhea-AI Summary

Wynn Resorts (NASDAQ: WYNN) announced key additions to its investor relations team. Price Karr, currently Senior Vice President of Corporate Finance and Treasurer, will expand his role to lead the investor relations team as Senior Vice President of Investor Relations. Additionally, Lauren Seiler joins as Vice President of Investor Relations, reporting to Karr.

Both executives bring significant experience in the gaming and hospitality sectors. Karr, who started at Wynn in 2008, has extensive Wall Street experience advising on transactions in the U.S. and Asia. Seiler brings expertise in business development, strategic planning, and M&A, with a focus on gaming industry expansion. The enhanced team will oversee Wynn's investor relations strategy to support long-term shareholder value creation.

Positive

• Strategic strengthening of investor relations capabilities with experienced gaming industry professionals
• Addition of expertise in business development, M&A, and international market expansion

Negative

• None.

SVP of Corporate Finance and Treasurer Price Karr to Lead Expanded IR Function

Lauren Seiler to Join as Vice President of Investor Relations

LAS VEGAS--(BUSINESS WIRE)-- Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today announced additions to its investor relations team, deepening the Company’s focus on this important function.

Price Karr is assuming the position of Senior Vice President of Investor Relations, leading Wynn Resorts’ investor relations team, in addition to his current roles as Senior Vice President of Corporate Finance and Treasurer. With deep experience in the real estate, gaming and lodging sectors, Mr. Karr began his career at Wynn Resorts in 2008 and developed strong familiarity across the business for several years, after which he spent nearly a decade on Wall Street, including advising on transactions for Wynn Resorts and its peers in the U.S. and Asia.

Lauren Seiler is joining Wynn Resorts as Vice President of Investor Relations, reporting to Mr. Karr. Ms. Seiler brings extensive experience in the global casino gaming industry and robust relationships with the sell-side and buy-side communities. In addition to her previous investor relations roles, she has a broad background in business development, strategic planning, capital allocation and M&A, and a track record of driving growth in gaming companies, including through expansion to new regional and international markets.

They will oversee all aspects of Wynn Resorts’ investor relations strategy, working closely with the investment community as the Company continues to execute its key growth initiatives to create long-term shareholder value.

“I am pleased that Price is taking on this important additional responsibility and we welcome Lauren to bolster our investor relations program,” said Julie Cameron-Doe, Chief Financial Officer. “Price has consistently proven himself to be adept at communicating Wynn Resorts’ strategy and compelling opportunities to our investor base. Lauren will be an excellent complement to Price, bringing deep industry knowledge, fresh perspectives and a track record of enhancing relationships with the investment community through clear, consistent and transparent communications.”

About Price Karr

Mr. Karr has served as Senior Vice President of Corporate Finance and Treasurer since March 2023, where he oversees the Company’s corporate finance, capital markets and treasury functions. Before rejoining Wynn Resorts, he worked at Goldman Sachs, where he was a Vice President on the Real Estate, Gaming, and Lodging investment banking team, advising key industry players on a variety of transactions both in the U.S. and Asia. He previously worked on the Real Estate, Gaming, Leisure and Lodging team at Deutsche Bank, after starting his career at Wynn Resorts, where he gained experience in finance, revenue management, and hotel sales and marketing.

Mr. Karr has a BA in International Relations from the University of Southern California and an MBA in Real Estate and Finance from the Wharton School at the University of Pennsylvania.

About Lauren Seiler

Prior to joining Wynn Resorts, Ms. Seiler was Founder & CEO of Global Gaming Advisors, a consulting firm focused on the global gaming, lodging and leisure industries. Previously, she led Investor Relations and Corporate Development for Rush Street Interactive (NYSE: RSI), an online casino and sports betting platform, which she helped enter new domestic and international markets. Prior to that, she led Global Corporate Development, Strategy and Investor Relations for Four Wood Capital Partners, a New York-based private equity fund. She previously built out the Gaming and Lodging verticals for several boutique equity research organizations including Buckingham Research Group, Union Gaming and Telsey Advisory Group. Ms. Seiler holds a B.A. in Quantitative Economics from Tufts University and an MBA with Concentration in Casino and Hospitality Management from Louisiana State University.

About Wynn Resorts

Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.com), Encore Boston Harbor (encorebostonharbor.com), Wynn Macau (wynnmacau.com), and Wynn Palace, Cotai (wynnpalace.com).

Wynn and Encore Las Vegas consist of two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. The resort features approximately 194,000 square feet of casino space, 20 signature dining experiences, 14 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 177,000 square feet of retail space as well as two showrooms, two nightclubs, a beach club, and recreation and leisure facilities, including Wynn Golf Club, an 18-hole championship golf course.

Encore Boston Harbor is a luxury resort destination featuring a 210,000-square-foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 14 dining and lounge venues, a nightclub and approximately 71,000 square feet of state-of-the-art ballroom and meeting spaces. Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has created a six-acre public park and Harborwalk along the shoreline. It is the largest private, single-phase development in the history of the Commonwealth of Massachusetts.

Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms and suites, approximately 294,000 square feet of casino space, 14 food and beverage outlets, approximately 31,000 square feet of meeting and convention space, approximately 64,300 square feet of retail space, and recreation and leisure facilities including two opulent spas, a salon and a rotunda show.

Wynn Palace is a luxury integrated resort in Macau. Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, approximately 468,000 square feet of casino space, 14 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 107,000 square feet of designer retail, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a lush spa, salon and recreation and leisure facilities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241211691940/en/

Media Contact: 

Michael Weaver, Chief Communications and Brand Officer, Wynn Resorts 

Michael.weaver@wynnresorts.com, +1-702-770-7501

Source: Wynn Resorts, Limited

FAQ

Who is the new head of investor relations at Wynn Resorts (WYNN)?

Price Karr has been appointed as Senior Vice President of Investor Relations at Wynn Resorts, while maintaining his current roles as SVP of Corporate Finance and Treasurer.

What experience does Lauren Seiler bring to Wynn Resorts (WYNN)?

Lauren Seiler brings extensive experience in global casino gaming, business development, strategic planning, capital allocation, and M&A, with expertise in expanding gaming companies into new regional and international markets.

How will the new IR team structure impact Wynn Resorts (WYNN) investor communications?

The expanded IR team will enhance Wynn's investor relations strategy, focusing on clear, consistent, and transparent communications with the investment community while executing growth initiatives for long-term shareholder value.

What is Price Karr's background with Wynn Resorts (WYNN)?

Price Karr began his career at Wynn Resorts in 2008, then spent nearly a decade on Wall Street advising on transactions for Wynn Resorts and its peers in the U.S. and Asia.