From CNBC: 2024-11-14 15:29:25

Billionaire Tilman Fertitta increases ownership in Wynn Resorts to 9.9%, sparking 9% stock price increase. Wynn stock up 57% over 20 years, compared to Marriott’s 950% and Hilton’s 500%. Fertitta, owner of Houston Rockets and Golden Nugget casinos, plans new Vegas casino. Wynn facing challenges in Macao and Las Vegas. Wynn has 40% stake in new $5.1 billion casino resort in UAE.



Read more at CNBC: Landry CEO Fertitta becomes Wynn Resorts’ largest individual shareholder