GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Wynn Resort Sold 1.44 Million Shares

Wynn Resorts announced last month it had sold 1.44 million shares at a share. While no plans were announced for the additional capital, some observers speculated that the company may be seeking to refinance some debt or even position itself to re-acquire the Bellagio in the wake of MGM Mirage’s financial difficulties.