Wynn Resorts abruptly ended buyout talks with Australia’s largest casino operator Tuesday after word of a potential buyout were leaked. In a tersely worded statement, the Las Vegas casino giant said it was ending all discussions with Crown Resorts. Earlier in the day, Crown had confirmed that it was in acquisition talks with Wynn.
The owner of two casinos now located on Lake Michigan in Gary would still be allowed to move one of them to a more convenient interstate location under changes to a gambling bill lawmakers made Tuesday—but only if the company gave its other license back to the state.
Wynn Resorts’ head of security is out of a job after detailing how he spied on Elaine Wynn in his testimony last week to Massachusetts regulators, according to a legal brief submitted on Monday. James Stern, a former FBI agent, was fired on Saturday following his testimony Thursday at the Massachusetts Gaming Commission’s “suitability” hearing for Wynn Resorts, according to the post-hearing brief.
The Sunday night traditions following the conclusion of the Masters are well ingrained in the golf world by now. The previous year’s champion slipping the green jacket on the latest. The continuing pageantry at Butler Cabin centered around the winner and his eventual dinner with Augusta National Golf Club members.
Gaming solutions provider AGS announced yesterday that former Scientific Games Vice President of Game Sales Adam Whitehurst is joining the company as Vice President of Strategic Accounts. Whitehurst has more than two decades of experience in Gaming, where he led sales teams to high levels of performance, successfully integrated sales teams after mergers and acquisitions, negotiated complex, multi-year, enterprise-wide deals, and established a strong track record of customer success and building high-performance teams.
A bill to legalize sports betting in the state has been introduced in the Ohio House. Republican Rep. Dave Greenspan, of Westlake, and Democratic Rep. Brigid Kelly, of Cincinnati, introduced legislation Tuesday to establish a Sports Gaming Advisory Board designed to legalize and regulate sports gambling in Ohio.
A Tennessee bill to legalize sports betting is gaining traction. A House committee advanced Democratic Rep. Rick Staples’ legislation Tuesday to allow statewide mobile and interactive sports gambling, without brick-and-mortar betting locations.
Bringing a casino to Danville would send the wrong message, state Sen. Bill Stanley said Monday morning during a breakfast held at the Institute for Advanced Learning and Research. “When you get a casino in Danville, you are in a sense saying, ‘I give up,’” Stanley told the roughly 100 to 150 community leaders during the Danville Pittsylvania County Chamber of Commerce’s legislative breakfast.
“Following the premature disclosure of preliminary discussions, Wynn Resorts has terminated all discussions with Crown Resorts concerning any transaction."
