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Wynn Resorts Names Phil Satre Chairman, Succeeding D. Boone Wayson

George Miller

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Wynn Resorts Names Phil Satre Chairman, Succeeding D. Boone Wayson
Photo Source: malaymail.com
Reading Time: 3 minutes

 

Wynn Resorts Limited announced that its Board of Directors, at a regular meeting, unanimously voted Philip G. Satre Chairman of the Board. Satre, an independent director who joined the Board in August 2018 as Vice Chairman, succeeds D. Boone Wayson who is retiring from the Board.

Wayson said, “We have ushered in a new era at Wynn Resorts, and I am proud of all the hard work the Board, our CEO Matt Maddox and the management team have done to improve the Company’s culture and corporate governance, while maintaining focus on shareholder value. Phil has transitioned seamlessly onto the Board, and the time is now right for me to retire. It has been an honor serving this great Company, and I know its future is bright.”

Satre said, “I am honored to be named Chairman of the newly refreshed Wynn Resorts Board and look forward to continuing to support the Company’s transformation for the benefit of its shareholders and all of its stakeholders.”

Matt Maddox, CEO of Wynn Resorts, said, “We appreciate Boone’s contributions to our Company since its inception and for his leadership, which was crucial in maintaining stability at Wynn Resorts in 2018.  He was instrumental in driving key initiatives and in our recent Board refreshment process. I am pleased to have a director of Phil’s caliber to succeed Boone and help Wynn Resorts solidify its position as the premier luxury resort developer and operator in the world.”

The Wynn Resorts Board is now comprised of 10 directors, six of whom joined the Board in 2018, and four of whom are women.

Satre is president of the National Center for Responsible Gaming. He has decades of leadership roles in the gaming industry, including as Chairman and CEO of Harrah’s Entertainment, Inc. He has also served as Chairman of the Board of International Game Technology PLC, Nordstrom, Inc., and NV Energy, Inc. and has served as a director of Tabcorp Holdings Ltd. and Rite Aid Corporation. He has received numerous accolades, including election to the American Gaming Association’s Hall of Fame.

 

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), Wynn Macau (wynnmacau.com) and Wynn Palace, Cotai (wynnpalace.com).

Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,750 spacious hotel rooms, suites and villas, approximately 192,000 square feet of casino space, 22 dining experiences featuring signature chefs and 11 bars, two award-winning spas, approximately 290,000 square feet of meeting and convention space, approximately 106,000 square feet of retail space as well as two showrooms; three nightclubs, a beach club and recreation and leisure facilities. A luxury retail Strip-front expansion, Wynn Plaza, is currently under construction and is scheduled to debut the fourth quarter of 2018.

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 1,008 spacious rooms and suites, approximately 273,000 square feet of casino space, casual and fine dining in eight restaurants, approximately 31,000 square feet of meeting and convention space, approximately 59,000 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 424,000 square feet of casino space, 11 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 106,000 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. Wynn Resorts is currently constructing Encore Boston Harbor located in Everett, Massachusetts.

 

Source: Wynn Resorts

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Full House Resorts Partners with Wynn Resorts in Indiana and Colorado

Niji Narayan

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Full House Resorts Partners with Wynn Resorts in Indiana and Colorado
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Full House Resorts Inc. has entered into two new agreements with WSI US LLC, a wholly-owned subsidiary of Wynn Resorts, allowing online/mobile sports wagering throughout Indiana and Colorado.

“We are excited to partner with Wynn Resorts, allowing them to conduct mobile sports wagering throughout Indiana and Colorado. Wynn Resorts is renowned for its unparalleled focus on guest service and as the premier operator in the gaming industry. We are thrilled to see them bring their unique vision to the online space, beginning with the residents of — and many visitors to — Indiana and Colorado,” Daniel R. Lee, President and Chief Executive Officer of Full House Resorts said.

With the new agreements, the Company has now utilised all of its allowed sports wagering opportunities in Indiana and Colorado.

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Gambling in the USA

Red Rake Gaming closes social casino supply deal with Wind Creek Casino and Hotel Group

George Miller

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Red Rake Gaming closes social casino supply deal with Wind Creek Casino and Hotel Group
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Red Rake Gaming (Red Rake), a leading online casino games supplier, has entered into their first agreement as games supplier to the social casino industry. Thanks to this deal, Wind Creek Hospitality (WCH), an authority of the Poarch Band of Creek Indians, will have access to the full portfolio of Red Rake Gaming games.

WCH operates several gaming facilities in Alabama, Pennsylvania, Nevada, Aruba and Curacao, and offers online social casino games to its customers. Red Rake’s offering, which consists of slots, video bingo and table games will be available for the WCH social casino customers in the coming weeks.

Although WCH is the first social casino customer in Red Rake’s history, this is not the first step of the Spanish supplier in the social casino industry, as they have been developing and operating social casino games for almost a decade.

Nick Barr, Managing Director of Red Rake Malta, commented on the deal: “We are honoured to work alongside Wind Creek in their social casino business. This a significant step for us, because not only is this our first partner in the social casino industry as a B2B entity, but also because it is the foundation of what we expect to be another great regulated market for us in terms of real money. We anticipate a great partnership with Wind Creek for many years to come”

Ron Nesbitt, WCH Vice President of Game Operations, added: “Our social gaming site, WindCreekCasino.com, provides our customers an engaging and interactive experience that has proven to be an excellent retention tool for us over the years. We are delighted to enhance our offering with the addition of Red Rake Gaming content. The games provided are very strong, with high quality graphics, action packed feature games, and immersive bonus rounds. Combined with our top-notch rewards program, Red Rake’s game offerings will help us ensure a fantastic player experience.”

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Gambling in the USA

Tim Wilmott Steps Down as Chairman of AGA

Niji Narayan

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Tim Wilmott Steps Down as Chairman of AGA
Photo Source: linkedin.com
Reading Time: 1 minute

 

Tim Wilmott has retired from the American Gaming Association as its chairman. The legalisation and expansion of sports betting has been a key marker of Wilmott’s term.

He told AGA members: “Once PASPA happened everything changed,” referring to a Supreme Court ruling that overturned a ban on sports betting. Since then, 13 states so far have launched legalised sports betting operations in casinos, racetracks and on mobile devices.

Wilmott, CEO of casino company Penn National Gaming, said the industry’s relations with the government had become even more important with the advent of sports betting. A bill seeking federal sports betting control is now in the Senate.

Wilmott said that during his tenure and that of his previous chairman, the profile of AGA membership had changed and it had broadened as a result of work headed by CEO Bill Miller and his predecessor.

He was speaking to members at the conclusion of the 2019 G2E trade show that had attracted 30,000 gaming professionals to Las Vegas.

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