Wynn Resorts Stock Price, News & Analysis

Wynn Resorts (NASDAQ: WYNN) will announce its Q3 financial results on November 9, 2021, after market close. This will be followed by a conference call at 1:30 PM PT (4:30 PM ET). Interested parties can access the live broadcast on their website or by dialing (888) 455-5965. Additionally, a replay will be available until December 10, 2021.

WynnBET has partnered with Delaware North to gain market access for online sportsbook and casino operations in West Virginia, expanding its reach to 18 jurisdictions. This partnership allows WynnBET to tap into Delaware North's existing casinos, enhancing its footprint to cover approximately 44% of the U.S. population, with the potential to reach 77% as it negotiates access in seven more states. The rapidly evolving regulatory landscape will influence market access agreements.

WynnBET has appointed Ian Williams as Chief Operating Officer, a seasoned professional with 20 years in the gaming industry. Previously President of Online Gaming at Churchill Downs Inc., Williams helped transform its online wagering business into a profitable venture. He will oversee WynnBET's core functions including trading, marketing, and customer service, reporting to Wynn Interactive CEO Craig Billings. Williams has extensive experience securing market access across multiple states and aims to facilitate WynnBET's growth in a competitive landscape.

WynnBET, part of Wynn Resorts, has announced it has secured market access in Louisiana, expanding its footprint to 17 jurisdictions. This includes states such as Arizona, New Jersey, and Michigan, collectively representing about 46% of the U.S. population. WynnBET is in negotiations for access in an additional seven states, potentially increasing coverage to 77% of the U.S. adult population. The company emphasizes that access is subject to regulatory approvals.

WynnBET has partnered with the Indianapolis Colts, becoming the team's Proud Sportsbook Partner. This multi-year agreement includes naming the West Club at Lucas Oil Stadium as the WynnBET Club and introducing a VIP area. Colts legend Robert Mathis will act as a brand ambassador. Fan engagement features include tailgate lounges, prize giveaways, and branding across various Colts media platforms. WynnBET will also sponsor the Official Colts Podcast and have a presence in the team’s radio programming. The partnership aims to enhance the experience for Colts fans.

Genius Sports Limited (NYSE:GENI) has expanded its supplier agreement with WynnBET, now an Approved Sportsbook Operator for the NFL. This partnership will include the provision of official NFL data, play-by-play statistics, and fan engagement solutions. It builds on their existing relationship, enhancing WynnBET's offerings with trading solutions and data from international soccer leagues. The deal marks a strategic move to enhance customer engagement across WynnBET's seven operational states, including New Jersey and Michigan.

WynnBET has launched a new advertising campaign featuring Ben Affleck, Shaquille O'Neal, and Melvin Gregg. Directed by Affleck, the campaign showcases the excitement of WynnBET's sportsbook experience at Wynn Las Vegas. The ads will be broadcast on TV and integrated into the WynnBET app and social media. Affleck, a Boston sports fan, also serves as a strategic consultant for WynnBET. The campaign coincides with WynnBET's expansion into new states and the integration of the Wynn Rewards program into its platforms, enhancing its competitive edge.