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Wynn Resorts, Limited (NASDAQ: WYNN) maintains its position as a global leader in luxury integrated resorts through continuous innovation in hospitality and gaming experiences. This dedicated news hub provides investors and industry professionals with essential updates about the company's operations across key markets including Las Vegas, Macau, and emerging developments worldwide.
Access real-time information on earnings announcements, property expansions, and strategic partnerships that shape Wynn's premium guest offerings. Our curated collection features official press releases about new resort openings, sustainability initiatives, and design innovations from their renowned in-house team.
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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.
WynnBET has integrated its comprehensive Wynn Rewards program into its online sports betting and iGaming platforms as of August 19, 2021. This program allows players to earn rewards through mobile and desktop play, as well as on-property experiences at Wynn Resorts. Early adopters will automatically receive tier upgrades ahead of the NFL season. The program features three tiers: Red, Platinum, and Black, with FREE CREDIT and COMP DOLLARS available for redemption. Wynn Rewards will launch in several states by the end of August 2021.
WynnBET has appointed Shaquille O'Neal as its new brand ambassador, enhancing the app's visibility in the competitive mobile sports betting market. As part of this long-term partnership, O'Neal will contribute as a strategic consultant and participate in advertising across various platforms. He will also engage with fans through events and original content. O'Neal's involvement includes launching 'ShaqPot', a Free To Play game in the WynnBET app. To comply with NBA regulations, he will sell his ownership stake in the Sacramento Kings.
Wynn Resorts reported Q2 2021 financials, showcasing operating revenues of $990.1 million, a substantial increase of $904.4 million from Q2 2020. Despite this growth, the net loss narrowed to $131.4 million, or $1.15 per diluted share, compared to $637.6 million in the prior year. Key metrics included an Adjusted Property EBITDA of $206.9 million, significantly improved from $(322.9) million a year ago. The company noted a strong recovery in demand, particularly in Las Vegas and highlighted the ongoing expansion of WynnBET into six states.
Wynn Resorts, Limited (NASDAQ: WYNN) will announce its financial results for the second quarter ending June 30, 2021, on August 4, 2021, post-market close. The results will be discussed in a live conference call at 1:15 p.m. PT (4:15 p.m. ET). Interested parties can listen at www.wynnresorts.com and call in at (888) 455-5965, with international access at (773) 799-3869. A replay of the conference will be available until September 4, 2021, using the same access codes. For further information, visit the company’s website.
On July 28, 2021, WynnBET and CUMULUS MEDIA launched a multi-year partnership, enhancing WynnBET's marketing reach through CUMULUS's platform, which engages over 250 million monthly listeners. This collaboration positions WynnBET as a major advertising partner for CUMULUS MEDIA, facilitating targeted messaging across radio stations and digital platforms. WynnBET will benefit from national exposure and endorsements, contributing to its growth in the rapidly expanding sports betting market. This partnership signals an aggressive strategy to boost user acquisition and brand engagement.
WynnBET and CUMULUS MEDIA have announced a multi-year partnership aimed at enhancing WynnBET's visibility and user engagement. This collaboration enables WynnBET to leverage CUMULUS MEDIA's reach, which engages over 250 million listeners monthly. The partnership includes national advertising on prominent programming and local promotions across CUMULUS radio stations. Additionally, advanced targeting technology will allow customized messaging to diverse markets. This move is positioned to strengthen WynnBET's brand presence in the rapidly growing sports betting sector.
WynnBET announced the hiring of Claudia Bellofatto as an on-air host and ambassador. Bellofatto brings extensive broadcast experience, having hosted a live sports betting show and contributing to network programs. She will host a sports betting program from the Blue Wire Podcasts Studio at Wynn Las Vegas and provide live commentary on social media. To celebrate her arrival, WynnBET is enhancing the odds for the Red Sox game against Toronto to +150. WynnBET offers mobile sports and casino betting and is expanding its presence across various states.
WynnBET, the mobile sports betting app by Wynn Resorts, has announced a multi-year sponsorship with the Detroit Lions, marking its first partnership with an NFL team. As part of the deal, WynnBET will be the official sportsbook and gaming partner, featuring the WynnBET Sports Bar at Ford Field. This venue will offer live betting lines and amenities for fans. WynnBET will gain access to extensive media visibility through the Lions' platforms and will sponsor a Free To Play game with various prizes. WynnBET aims for rapid expansion with pending licenses in several states.
WynnBET has announced a partnership with sports icons Chad 'Ochocinco' Johnson, Tim Howard, and Nick Mangold as brand ambassadors. The trio will promote the WynnBET app through advertising, live events, and social media interactions. Johnson, a notable influencer, and former NFL player, Howard, a prominent soccer analyst, and Mangold, a Pro Bowl offensive lineman, will enhance WynnBET's visibility. The app is currently available in several states and is planning to expand further in 2021, adding unique features and user-friendly experiences.
