|
|
01-28-2018, 07:21 PM
|
#16
|
Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,786
|
He’s not fooling conservatives.
Most conservatives decided that no matter what, anything would be better than Hillary. The “idiot” conservatives were willing to accept Hillary, and even voted for her. They are now known as never-Trumpers. They will never recover.
The reward is that Trump is actually keeping his promises. It was a risk, but it’s turned out great so far. I never thought in my lifetime I would see a tax overhaul. As I’ve said before .....we’re in gravy time. Now if RBG would just retire .........
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
|
|
|
01-29-2018, 06:59 PM
|
#17
|
Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
|
As good as Wynn has been for the company, he has to resign. CEO's don't beat this stuff. One would think they could easily check on the validity of that $7 million payoff. Let's not forget; Wynn is 75. Get the successor in. It won't take long for the stock to get back to $200.
|
|
|
01-30-2018, 06:41 PM
|
#18
|
Veteran
Join Date: May 2016
Posts: 1,831
|
I feel like I've won twice.
I voted for Trump.
And I don't have to suffer Trump Derangement Syndrome, like so many, because I'm satisfied with his performance.
My condolences to the afflicted.
|
|
|
02-01-2018, 11:59 AM
|
#19
|
Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
|
The days of Steve Wynn running Wynn Casinos could be fast coming to an end, despite he being the largest single shareholder in the company.
What will get Wynn to quit (or be fired by a very weak board) is the threat of the license issued by the Massachusetts Gaming Commission to Wynn Casino in 2014. This license is to be reviewed now due to the recent allegations.
Wynn Casino was to develop a multi-billion dollar resort-casino in Everett, Mass., near Boston, along the Mystic River.
|
|
|
02-01-2018, 01:21 PM
|
#20
|
Veteran
Join Date: May 2016
Posts: 1,831
|
Could be doing him a favor. One more facelift and his chin would be north of his forehead.
|
|
|
02-07-2018, 01:20 PM
|
#21
|
Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
|
Wynn resigns and the stock is up about $13 today. The market likes clarity.
|
|
|
02-07-2018, 05:11 PM
|
#22
|
Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
|
Quote:
Originally Posted by Valuist
Wynn resigns and the stock is up about $13 today. The market likes clarity.
|
While the market does indeed like clarity, the market likes it much, much more that the Everett, MA. deal will now get done without any hitches and that the Chinese government will leave the old and newer Wynn projects alone.
Wynn Resorts gets 70 per cent of its profits out of Macau and with Stevie wonderboy resigning, the risk of the Chinese government causing trouble was taken off the table.
Expect Wynn Resorts and MGM Grand to merge in 2018. Pick a date. It's a lock.
|
|
|
02-20-2018, 06:07 PM
|
#23
|
Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
|
Quote:
Originally Posted by reckless
While the market does indeed like clarity, the market likes it much, much more that the Everett, MA. deal will now get done without any hitches and that the Chinese government will leave the old and newer Wynn projects alone.
Wynn Resorts gets 70 per cent of its profits out of Macau and with Stevie wonderboy resigning, the risk of the Chinese government causing trouble was taken off the table.
Expect Wynn Resorts and MGM Grand to merge in 2018. Pick a date. It's a lock.
|
I just saw this now. That would be interesting; MGM has a market cap of $19.65 billion and WYNN's is $16.95 billion. I wonder if it would get past the Justice Department? Vegas is pretty much MGM and Caesar's properties right now. A few smaller ones like Boyd thrown in, as well. I would think the WYNN board would resist, unless it was a ridiculous offer.
|
|
|
02-20-2018, 08:32 PM
|
#24
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
|
Quote:
Originally Posted by reckless
The days of Steve Wynn running Wynn Casinos could be fast coming to an end, despite he being the largest single shareholder in the company.
What will get Wynn to quit (or be fired by a very weak board) is the threat of the license issued by the Massachusetts Gaming Commission to Wynn Casino in 2014. This license is to be reviewed now due to the recent allegations.
Wynn Casino was to develop a multi-billion dollar resort-casino in Everett, Mass., near Boston, along the Mystic River.
|
i drove bye
everett last week and the building is completely up. my guess is that it will be open for New Years eve 2019. to bad he is no longer the CEO, i probably won't get invited for the grand opening of the place.
|
|
|
02-20-2018, 11:31 PM
|
#25
|
Veteran
Join Date: Feb 2013
Location: Washoe County, Nevada
Posts: 2,253
|
Quote:
Originally Posted by Valuist
I just saw this now. That would be interesting; MGM has a market cap of $19.65 billion and WYNN's is $16.95 billion. I wonder if it would get past the Justice Department? Vegas is pretty much MGM and Caesar's properties right now. A few smaller ones like Boyd thrown in, as well. I would think the WYNN board would resist, unless it was a ridiculous offer.
|
MGM is an unlikely buyer of Wynn as they both have casino’s on Macau and would be unlikely to receive permission to operate both after a merger.
The problem isn’t American regulator’s, it’s Chinese.
|
|
|
02-21-2018, 03:08 PM
|
#26
|
Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
|
Quote:
Originally Posted by _______
MGM is an unlikely buyer of Wynn as they both have casino’s on Macau and would be unlikely to receive permission to operate both after a merger.
The problem isn’t American regulator’s, it’s Chinese.
|
You bring up a good point. I didn't think it was likely but the Chinese could definitely put the kybosh on it, even if US regulators approved. I think Wynn has two casinos in Macau.
|
|
|
03-09-2018, 05:43 PM
|
#27
|
Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
|
Up around $18 the past two days. Clear out the noise and reality sets in. The company is a money machine.
|
|
|
03-11-2018, 09:10 PM
|
#28
|
Veteran
Join Date: Jun 2002
Location: near Philadelphia
Posts: 4,560
|
Quote:
Originally Posted by Valuist
Up around $18 the past two days. Clear out the noise and reality sets in. The company is a money machine.
|
During the Stevie wonderboy mess I picked up a few shares of both WYNN and MGM solely as an arbitrage play.
I am still convinced WYNN eventually gets taken over ... but that's not the point right now.
As you said Valuist, WYNN is a money machine; it still seems slightly overvalued from a metrics point of view.
I am willing to wait and see on how this one plays out. Good luck.
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|