http://www.nydailynews.com/news/nati...icle-1.1340972. Uses "sex workers".

As far as Wynn stock price I was thinking that all of the reasons you mentioned would make Wynn stock a -EV investment. I'm not a stock investment expert but it seems like there would be better places to put your money. gl


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Wynn 40% of the way back to where it was after this last night:
I just don't see a special trade here. Already down 20% on this news, news strongly diluted by unaffected Macau earnings, not a meaningful thing long term anyway...it's hard to see how you have any edge on playing the aftermath of this news.

The only real argument that I can see is some regulatory risk/excuse for the Chinese to use it puts the screws on Wynn Macau. That seems very thin.

Wynn sold all his stock.

I'm going to buy Monday. Based on my recent trip to Vegas, this is the only company that knows what it is doing, they even have which customers are worth approaching to offer free drinks to down while competitors are offering worse service to everyone. Short term anything can happen but long-term they have MGM and CZR dominated. I hope Steve Wynn's insight is not lost as he made some great deals for the company when he was in control.

With the benefit of hindsight, what profitable trade could you have made on this with publicly available information?

Since it has both an upside and downside, I don't know.

How do Wynn do this better, and how much does it affect the bottom line? And what's the future of squeezing out more $$$ here? A kind of creepy real world big data? As in, face recognition, tracking where people go and what they do and spend, creating rich harvested profiles for targeted promotions and advertising? To what extent do the companies do this already? They surely do stuff like targeted advertising based on identifying probable gamblers through Facebook data.

I think it's easy to get the wrong idea without some pretty deep analysis that might even be impossible with public information. Then you have the Macau angle, which is a whole other world and a big chunk of their income and potential growth.

How do you analyze this stuff such that you have an edge on the market?

Those are all great questions, and I admit I do not have an edge in this industry. I just did not have any exposure to this industry in my portfolio but always wanted to so chose to add a small position based on what I perceive to be the best run in the industry. I'm not much of a trader but more of a buy and hold type of guy, and like Warren Buffet says, it is better to get a good company at a fair price than a fair company at a good price.

Did everyone, including me miss the fact that Elaine WYNN would be thus new boss, thus negating the downside of the name?

I thought CEO Matt Maddox was the new boss? Elaine is currently the largest shareholder and would certainly have influence with about 9% of the company, but I don't think she is in charge of anything?

I write sloppy.

Here's the current CEO's bullish take on the future of WYNN Resorts.

https://www.cnbc.com/2018/04/25/wynn...aine-wynn.html

So sometime has now passed and I am thinking of buying a bit into this.

$3 payout per share is nice.

With a possible mgm/ceasers merger are they now front runners for the Japan market?

Stock down to 93.40

Save us, Steve

Lost 50% in the last month now below $70...should go lower too

Down another 25% today..

Is it going to zero?

Going to be bigger casino bargains from corona than the GFC. Some of these stocks 60xed after 2009. Amazing stuff, going to go bargain shopping when the time is right.

I'll start buying soon... sub $50.

MGM cheap cheap

What do you think is going to happen when Vegas has no business at all for months? It's worth watching and getting stats on Macau for those with establishments there though.

Totally agree. I am starting to dollar cost average into Wynn and LVS. I dont care about hitting exact bottom.

No idea when we turn the corner, on upcoming recession, might be 6 months, 12, 18?

But when it does, Baccarat tables in Macau will start booming again.

This is tanking. $36 seems like an ok entry but not sure? Seems like there might be more room to fall.

Is the national guard handing out food already? If not, yes, this has more room to fall.

I saw Wynn plummeting and couldn't help myself but take a nibble. Still think this has a long way to fall.