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

Recent Articles

History Playbook

On This Day In Sports History

On October 18, 1968, visionary casino developer Jay Sarno officially opened Circus Circus on the Las Vegas Strip. Built at a cost of $15 million, it debuted as a standalone, tent-shaped casino featuring high-wire circus acts above the casino floor and a midway for families, pioneering the concept of family-oriented resort entertainment in Southern Nevada.

On This Day In Sports History

On October 16, 1969, the "Miracle Mets" completed one of the most remarkable turnarounds in sports history by defeating the Baltimore Orioles 5–3 in Game 5 of the World Series to win the championship just seven years after entering the league as an expansion team.