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Wynn Interactive to Create An Independent Public Company 11 May 2021 Wynn Resorts and Austerlitz Acquisition Corporation I have entered into a definitive agreement under which Austerlitz I will combine with Wynn Interactive Ltd. to create an independent public company. Upon closing of the proposed transaction, the combined company will retain the “Wynn Interactive, Ltd.” name and relist its shares on the Nasdaq Stock Exchange under the new ticker symbol “ WBET.” Wynn Interactive, the online gaming division of Wynn Resorts, offers a world-class collection of casino and sport...

On another dismal day for the broader gaming complex, Wynn Resorts (NASDAQ:WYNN) stock is standing out with a modest gain early Tuesday. The operator is winning praise for encouraging Macau results and the decision to bring its online gaming division public. A man walks in front of the Wynn and Encore on the Las Vegas Strip during the pandemic. Analysts are warming to the stock for a variety of reasons. (Image: Las Vegas Review-Journal) Upon releasing first-quarter results after the close of US markets yesterday, the Las Vegas-based casino operator said it’s merging its Wynn Interactive un...

SPACs Hit Hard on Merger Monday Four deals were announced, but performance was underwhelming. Given the overall market's bad day, it's no surprise 75% of pre-deal SPACs declined and now average $9.87. Author: ** Merger Monday returned with four new announced SPAC deals, but ultimately ended in a bit of a thud as all three SPAC stocks that announced this morning fell on the day. More broadly, 75% of Pre-Deal SPACs declined, closing at an average of $9.87. - - LIV Capital (LIVK) -0.1% to $9.99 The deal selloffs came amid a broader market decline as well - so it's tough to attribute the lack...

Wynn Resorts: Wynn Interactive To Become Independent Public Company LAS VEGAS (dpa-AFX) - Wynn Resorts Ltd. (WYNN) Monday announced that its subsidiary Wynn Interactive Ltd. will merger with Austerlitz Acquisition Corp. I (AUS.U) to create an independent public company. Upon closing of the deal, the combined company will retain the Wynn Interactive, Ltd. name and relist its shares on the Nasdaq Stock Exchange under the new ticker symbol 'WBET.' Wynn Interactive is the online gaming division of Wynn Resorts and it offers a collection of casino and sports betting mobile options to consumers ac...

Wynn Resorts Rises on Narrowed Loss, Mobile-Gaming SPAC Plan Casino operator Wynn Resorts narrowed its first-quarter net loss and plans to merge its mobile-gaming division with a blank-check company. Author: Shares of Wynn Resorts  ( WYNN) - Get Report were higher after the Las Vegas casino operator reported a narrower first-quarter net loss on 24% lower revenue.  The figures were weaker than Wall Street analysts had estimated. In addition, Wynn Resorts said that its online gaming division, Wynn Interactive, would go public in a merger with a special-purpose-acquisition company, Austerlit...