Wynn Exits; Galaxy Enters

A stormy two months for Wynn Resorts are drawing to a close on a couple of decidedly positive notes. Disgraced founder and ex-Chairman Steve Wynn (l.) is no longer a shareholder, as he was able to see his entire equity stake in the company within a few days. And a surprise partnership with Macau casino giant Galaxy Entertainment could reshape the company’s prospects worldwide.

Dethroned casino king Steve Wynn has sold his entire 12 percent stake in Wynn Resorts

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History Playbook

On This Day In Sports History

On November 5, 1968, Detroit Tigers starting pitcher Denny McLain became the first American League player to win both the AL Most Valuable Player and Cy Young Award in the same season, following a historic 31–6 campaign.

On This Day In Sports History

On November 4, 1928, high-stakes gambler and bootlegger Arnold Rothstein was fatally shot following a high-roller poker game in New York City. Best known for fixing the 1919 World Series, Rothstein’s legendary life and betting exploits inspired classic mob and casino lore, including characters in The Great Gatsby and Boardwalk Empire.