Skip to content Skip to sidebar Skip to footer

News

Resorts World Las Vegas building

Resorts World Las Vegas Struggles With Profitability as Q4 EBITDA Crashes

Genting Berhad is doubling down on efforts to improve profitability at its flagship US property, Resorts World Las Vegas (RWLV), after a dismal fourth quarter that saw earnings nosedive. Despite a slight sequential revenue bump, the resort’s EBITDA barely broke even, signaling ongoing challenges in the highly competitive Las Vegas market. Revenue Stalls, Earnings Crumble…

Read More

Rosies Gaming Emporium Richmond Virginia

Virginia Lawmakers Push for Public Vote on Churchill Downs Gambling Facility Near Richmond

Plans for a new Rosie’s Gaming Emporium in Henrico County may hit a roadblock unless residents get a say in its approval. The latest state budget proposal seeks to mandate public referendums for new gambling sites, stirring debate over community input and corporate influence. General Assembly Moves to Ensure Public Input Virginia lawmakers sent a…

Read More

Tilman Fertitta Wynn Resorts shareholder

Tilman Fertitta Becomes Major Player at Wynn Resorts, Surpassing 10% Stake

Wynn Resorts has officially filed a disclosure with the Securities and Exchange Commission (SEC), confirming that billionaire Tilman Fertitta now owns more than 10% of the company’s shares. This move cements Fertitta as the casino giant’s largest shareholder, putting him ahead of Elaine Wynn, the ex-wife of founder Steve Wynn. Fertitta’s Growing Influence at Wynn…

Read More

Wynn Resorts stock chart

J.P. Morgan Boosts Wynn Resorts’ Price Target to $117 After Strong Q4 Performance

Wynn Resorts got a confidence boost from J.P. Morgan after delivering stronger-than-expected fourth-quarter results. The firm raised its December 2025 price target for the casino operator’s stock to $117, up from previous estimates, reflecting solid gains in both Las Vegas and Macau. Wynn’s shares closed at $90.76 on Friday, but the latest analysis suggests there’s…

Read More