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Stock Market & Financial Investment News

News Breaks
February 21, 2013
15:21 EDTWYNNKazuo Okada announces resignation from Wynn Resorts board of directors
Kazuo Okada, a co-founder of Wynn Resorts, Ltd, and founder and Chairman of Universal Entertainment Corporation, issued the following statement on his resignation from the Wynn Resorts Board of Directors: “Since the year 2000, Steve Wynn has orchestrated a deliberate campaign to deceive me. His actions have betrayed our friendship, the management agreement executed between us, the Shareholders Agreement executed in 2002, and, ultimately, Universal Entertainment, Inc...I remain determined to fight Steve Wynn’s involuntary redemption of my nearly 20 percent stake in Wynn Resorts at a 30 percent discount and my resignation from the Wynn Resorts Board will not impede me from protecting my good name and reputation as UEC and Aruze USA forcefully prosecute the claims made against Wynn Resorts in Nevada State Court.”
News For WYNN From The Last 14 Days
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December 17, 2014
11:09 EDTWYNNMacau gaming facts in SCMP article are not new, says JPMorgan
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10:22 EDTWYNNWynn Resorts volatility increases as shares trend to 16-month low
Wynn Resorts December call option implied volatility is at 46, January is at 41, March is at 39; compared to its 26-week average of 30 according to Track Data, suggesting large near term price movement.
December 16, 2014
15:37 EDTWYNNChina to start crackdown on illicit funds to Macau, SCMP says
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December 12, 2014
14:04 EDTWYNNAtlantic City reports November gaming win down 10.3% to $202.5M
New Jersey reported total Atlantic City gaming win from current operators for the month of November was $202.5M, compared to the $181.7M for November 2013, reflecting an 11.5% increase. Total gaming win from the industry including discontinued operators reflects a 10.3% decrease compared to $225.7M in November 2013. As of November 30, 506,172 Internet gaming accounts have been created, up 5.7% from the 479,073 accounts as of October 31. For the month, Internet Gaming Win including discontinued operators was $8.7M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
December 10, 2014
11:28 EDTWYNNWynn Resorts volatility increases as shares trend to 15-month low
Wynn Resorts December weekly call option implied volatility is at 42, December is at 35, January is at 31; compared to its 26-week average of 30 according to Track Data, suggesting large near term price movement.
08:21 EDTWYNNFBR drops estimates, price targets for Macau names
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