Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Equity Bottom-Up

<ul>
<li>Having resigned over allegations of sexual misconduct with employees, Wynn now faces mounting regulatory pressure to sell his stake. It will be orderly, but he says he's not selling.</li>
<li>His separation agreement with the company limits his sale to one-third of his total holding within a given quarter with okay from the board. This makes sense for shareholders all around.</li>
<li>Any confident acquirer of a block could be expected to pay cash implying the shares are seen as undervalued.</li>
</ul><p>Note: All amounts shown…</p>


Having resigned over allegations of sexual misconduct with employees, Wynn now faces mounting regulatory pressure to sell his stake. It will be orderly, but he says he's not selling.
His separation agreement with the company limits his sale to one-third of his total holding within a given quarter with okay from the board. This makes sense for shareholders all around.
Any confident acquirer of a block could be expected to pay cash implying the shares are seen as undervalued.
Note: All amounts shown…

Wynn Resorts: If Ex-CEO Wynn Sells His 11.9% Stake What Are the Scenarios for Investors?