Probably the same Harvey has after getting kicked out of TWC.

As long as he’s a major shareholder I don’t think you’ll see much difference in big picture stuff. I see his ouster as being like a manager getting ejected from a baseball game- he’ll still be coaching from the clubhouse. Said in the Bloomberg article that the new guy has been running day-to-day stuff anyway so we might already have him to blame for 2x odds craps and no comped drinks at the bar.

Seriously? 2X odds at craps? I can't figure out why anyone would play that game. I kinda understand the free drink thing. I'll admit to paying for drinks rather than put up with the freebie chasers at some places, but 2X odds on craps is criminal.

Most of the time when I've played I don't see people taking any odds. They only know what's on the layout.

Yep, I agree. At least for the near future. Maybe in 10 years or whenever Steve passes away, things could perhaps change a little bit. The ejected baseball manager analogy is perfect.

They're still going through with all of their plans for Paradise Park, Wynn Boston, Wynn West. They're trying to get into the Tokyo market. I'm sure they're working on other potential properties worldwide.

I sold my $WYNN minutes after the news broke on Wynn in late Jan. Hoping to get back in at a lower price point ($150? $140?). The lagoon and the new hotels are easy money for Wynn Resorts ... if they're still called that in a year or two.

The only way I see $WYNN failing is if a whole new management structure and business philosophy come into power (like if Adelson buys them). They're an expensive property so I'm not too confident anyone's going to come along and drop billions on em.

Wynn might be scrooge on his comps and craps odds but he keeps a clean hotel with a (mostly) friendly staff that made me feel at home when I stayed there. Until the customer service wanes, they'll still be the best place in Vegas.

If there's anyone out there to buy them at this point, it would probably be Adelson/Sands. But certainly not at the current stock price. Even at $160 their market cap is still close to $16.5bln.

They would have to offer a premium over that price. It was over 200 not long ago, so the offer would have to be somewhat higher than that.

Why should Elaine Wynn be expected to sell her stock? She is about as "ex" as an ex-wife can get.

Fwiw, had a lunch meeting at the Wynn today, everyone who works in the restaurant still needs their job, the food was ok, the other guy paid ..... where is what line crossed in patronizing one of the Wynn properties ?

According to Steve, she's the one that orchestrated the whole thing.

I think there’s a court date in April to decide if his ex-wife gains voting rights with her shares and the right to sell them.

The reason why institutional investors might want for both of them to sell at least part of their shares is simple: they are drama and nobody wants drama. Especially not at anything above 5%.

Would be hilarious if Steve Wynn would encounter a situation similar to the one they put Kazuo Okada in.

Interesting read from the Macau Daily Times:
https://macaudailytimes.com.mo/analy...not-board.html

New article in LVRJ this morning talking about Wynn's separation agreement with the company. Article mentions he has to be out of his personal villa at the Wynn by June 1.

Someone mentioned the possibility of the property(s) being renamed earlier ITT but thought this line was pretty telling: "The document also contemplates reassigning the Wynn brand and trademark back to Steve Wynn if the company decides to stop using the name." Definitely sounds like they have plans to eventually rename the property.

If they went that route I wonder if they'd go complete overhaul or just "rename" everything Encore/Encore Group since the branding is already in place?

They are coming out with Wynn Boston Harbor soon. Any chance of renaming that?

If anything, they are going to rename the whole brand. There’s certainly already a plan B, in case the name becomes a liability.

Unless something big happens that forces them to act fast, I guess they’ll wait it out and see what people come up with when asked about what they associate the name Wynn with. If months from now there are more people answering “rape” than “luxury” they’ll probably act.

It's not the brand that committed sexual misconduct, it seems likely no reason to rename the product/brand.

And the Trump brand didn't run for president, send out weird tweets, etc., but it still took a beating due to the association.

Trump refused to divest himself so his properties and his name are linked way more than if Wynn does choose to divest himself from $WYNN.

Steve Wynn is the brand. You could say the same thing about the Weinstein Company.

$WYNN is a publicly traded company, it's going to be different from Trump or Weinstein.

So if you’re starting a business, would you consider to use your own name on the door if it was Smith? What if it was Hitler?

Not sure if it even really matters how invested Wynn is going to be with the company going forward. If people continue to associate that name with sexual misconduct, that would be a huge liability. But right now I think it’s more likely that Wynn won’t be in the media for too long. Good for them that there’s accusations against another prominent figure almost every day.

Not in the eyes of the average consumer, imo. IDK if this will be a big effed or not, but if not it won't be because people said "oh, this is a publicly traded company that just happens to have Steve Wynn's name on it.". It will be because the scandal blew over

Steve Wynn is not Adolf Hitler... and using hyperbole to try and make a point is bombastic.

I don't know, I saw this and thought maybe it's not the best tagline...

Isn't he too old for her to have a Wynn insider?

Any sawdust joint can have 2x craps. What's disappointing is that Wynn used to run the ne plus ultra of craps pits, a place where craps players had fun, and it no longer is. And, of course, there's 6/5 BJ. Karma comes around.