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Author page: Ace Highman

las-vegas-casino

Wynn Resorts Reports Strong Demand for Luxury in Las Vegas Despite Challenging Comparisons

Wynn Resorts saw continued strength in the Las Vegas luxury market during the third quarter, with CEO Craig Billings reporting healthy demand across high-end offerings. Revenue from Wynn’s Las Vegas properties ticked up by 1%, with adjusted earnings holding steady against a tough comparison to the same quarter in 2023. Billings pointed to resilient demand…

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Crown Resorts CEO announcement

Crown Resorts Names David Tsai as New CEO, Signaling Strategic Transformation Ahead

Crown Resorts, Australia’s premier integrated resort operator, has announced the appointment of David Tsai as its Chief Executive Officer (CEO), marking a key step in its ongoing corporate transformation. The appointment, made official on November 1, follows a period of executive transition after the departure of former CEO Ciarán Carruthers earlier this year. With over…

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Tribal Pact with Ione Band

GLPI Earnings Call Highlights Groundbreaking Tribal Pact with Ione Band of Miwok

Gaming & Leisure Properties Inc. (GLPI) recently held its third-quarter earnings call, which prominently featured a historic sale/leaseback transaction with the Ione Band of Miwok in California. This deal marks the first-ever agreement of its kind between a Native American tribe and a real estate investment trust (REIT), setting a significant precedent in the gaming…

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