Wynn Resorts claims end discussion on acquisition of Crown Resorts
Thursday 11 de April 2019 / 14:09
2 minutos de lectura
(Macau).- Wynn Resorts has announced termination of preliminary transaction discussions with Crown Resorts linked to the acquisition of the latter.
‘Following the premature disclosure of preliminary discussions, Wynn Resorts has terminated all discussions with Crown Resorts concerning any transaction,’ the company state on Tuesday.
According to the Brokerage firm Sanford C. Bernstein, Wynn Resorts proposed a nearly US$7.1 billion (MOP57.2 billion) takeover offer to Crown Resorts.
Bernstein previously suggested that the acquisition may have ‘merit’ since there may be solid synergies between the companies with respect to Chinese customers.
The brokerage firm also said it saw the acquisition partly as a possible ‘defensive strategy’ for Wynn to fend off any potential acquirers.
Bernstein claimed that Wynn Macau and Las Vegas assets are ‘crown jewels’ in the gaming industry, with an acquisition of Wynn Resorts having been discussed by investors. The broker also said that there is no guarantee that any potential discussion around the deal will not resurface at this point.
Categoría:Gaming
Tags: casinos,
País: Macao
Event
ICE Barcelona 2026
19 de January 2026
Nadia Popova from EGT on ICE Barcelona 2026:"The new concept of our stand made a strong impression on visitors"
(Barcelona, SoloAzar Exclusive).- In this post-event interview from Barcelona, Nadia Popova, EGT’s Chief Revenue Officer and VP Sales & Marketing shares insights on the company’s standout presence, its “All eyes on us” stand concept, key product highlights, and the strategic partnerships forged at ICE Barcelona 2026.
Friday 20 Feb 2026 / 12:00
Luz Beatriz Jaramillo Serna of 21Viral: “Our presence at ICE Barcelona 2026 was exceptionally positive”
(Barcelona, SoloAzar Exclusive).- Following her participation at ICE Barcelona 2026, Luz Beatriz Jaramillo Serna, Head of Business Development, Marketing and Sales for Latin America at 21Viral, analyzes the commercial impact of the event, the trends set to shape the industry’s direction, and the company’s strategic priorities to consolidate growth across the region and new regulated markets.
Monday 16 Feb 2026 / 12:00
Toni Karapetrov from Habanero on ICE Barcelona 2026: Regulated Growth, Localization and Strategic Expansion Drive 2026 iGaming Strategy
(Barcelona, Exclusive SoloAzar).- In this interview, Toni Karapetrov, Head of Corporate Communications at Habanero, shares insights from ICE Barcelona 2026, highlighting premium content innovation, high-level industry engagement, key iGaming trends such as localization and gamification, and the company’s strategic focus on regulated market expansion and sustainable growth in 2026.
Friday 13 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.