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 May 25, 1935, Ohio State sophomore Jesse Owens delivered arguably the greatest 45 minutes in sports history at the Big Ten track meet in Ann Arbor. Owens broke three world records and tied a fourth, setting new marks in the long jump (26′81/4"), the 220-yard dash (20.3 seconds), and the 220-yard low hurdles (22.6 seconds), while equaling the 100-yard dash world record (9.4 seconds). Despite his individual brilliance, Michigan narrowly edged out Ohio State for the team title, 48 to 43.5.

On This Day In Sports History

On May 24, 1918, Cleveland outlasted the Yankees 3-2 in a 19-inning marathon at the Polo Grounds. Stan Coveleski pitched a remarkable complete-game victory, but the hero of the day was Joe Wood. Having converted from a pitcher to an outfielder after his arm "went dead," Wood launched a game-winning solo homer into the left-field bleachers—his second home run of the afternoon—to finally seal the win for Cleveland.