Wynn Resorts drops NYC casino license bid

From CNBC: 2025-05-19 15:11:00

Wynn Resorts drops bid for New York casino license, citing better uses for capital. Las Vegas Sands also abandons pursuit due to competition from online gaming. MGM Resorts and Resorts World presumed front-runners for licenses. Caesars partners with SL Green and Roc Nation for Times Square casino. Wynn to focus on stock buybacks and UAE development, as New York licensing process criticized for being politicized and costly.



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