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
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- AMERIND Welcomes Sheryl Sattler as CFO
- Beyond the Barrel Whiskey Fest to Enthrall Whiskey Aficionados at Angel of the Winds Casino Resort
- Biden-Harris Administration Announces NewInteragency Effort to Support Tribal Water and Sanitation Infrastructure
- AIANTA Seeks Indigenous Hosts for Upcoming American Indigenous Tourism Conferences
- In a Historic Announcement from the U.S. Government, Illinois is Now Home to a Federally Recognized Tribal Nation
- Morongo Gives $500,000 to Non-Profit Organizations at 3rd Annual Community Outreach Awards Luncheon
- Position: Director of Strategic Communications Opening in Highland, California.
- Position: Investment Strategies Director Opening in Highland, California
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