Wynn Resorts said in a securities filing Tuesday it is spending roughly $3.5 million a day to pay its 15,000 employees salary and benefits through May 15. The company, whose properties in Las Vegas and Boston are closed through the beginning of May due to the COVID-19 coronavirus pandemic, was seeking $600 million in financing through two subsidiaries in a private offering. The figure was upsized Tuesday afternoon. The company announced in the morning it was seeking $350 million.
News Ticker
- Light & Wonder’s Squid Game Slot Machine is Now Live at Mohegan Sun
- Braiding heritage and education: Michigan program redefines paths for Native students
- RFM Welcomes Three New Team Members
- Seneca Niagara Resort & Casino Recognized In Newsweek Readers’ Choice Awards!
- BMM Testlabs Wins “Testing Service or Solution Provider of the Year” at the 2024 Vixio Global Regulatory Awards
- Incredible Technologies Announces iGaming Partnership with ODDSworks
- Morongo Casino Resort & Spa Celebrates its 20th Anniversary
- Internet Vikings Expands U.S. Hosting Services to 25 States with New Launch in Arkansas
- IGSA Announces New Membership Structure and Dues
- Bingo Super Session: Over $25,000 in Prizes at Casino Del Sol
Copyright © 2020 — Tribal Gaming and Hospitality Magazine — All Rights Reserved.