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Casinos & Gaming

Wynn Resorts earnings top estimates; Macau revenues rise 25 percent

Wynn Resorts Ltd., the casino company that expects to open its Wynn Palace resort on Macau’s Cotai Strip during the first half of 2016, reported fourth-quarter earnings Thursday that easily beat analyst expectations. And the company’s revenues from its two Macau casinos increased by double-digits.

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Caesars employees approve five-year contract with Culinary union

Some 13,000 Caesars Entertainment Corp. resort employees covered by Culinary Workers Local 226 overwhelmingly approved a new five-year contract between the union and casino company Tuesday.

Settlement talks in CityCenter case bear fruit – maybe

Settlement talks have started to bear fruit in the high-stakes litigation over the construction of CityCenter, including an insurance company offer to pay $55 million to cover defects at the unfinished Harmon hotel.

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