As reported by Bloomberg: “Wynn Resorts Ltd. sold $500 million of bonds, 43 percent more than planned, as the casino company founded by billionaire Stephen Wynn bids to run New York City’s first slot-machine contract.
“The 7.875 percent, first-mortgage notes due in 2017 priced at a discount to yield 8.25 percent, or 504 basis points more [...]
Archive December, 2009
Wynn makes move for Aqueduct slots
Nevada gaming revenue decreases 9.3 percent
Nevada recorded its 20th straight decline in statewide gaming revenues during August, confirming casino insider predictions of a dismal summer month.
Casinos collected $847 million from gamblers during the month, a 9.3 percent decline compared with $934.1 million won in August 2008, according to numbers reported by the Gaming Control Board Thursday morning.
On the Strip, gaming [...]


