Wynn Resorts Files 8-K Report
Ticker: WYNN · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1174922
| Field | Detail |
|---|---|
| Company | Wynn Resorts Ltd (WYNN) |
| Form Type | 8-K |
| Filed Date | Sep 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $130 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, reporting
Related Tickers: WYNN
TL;DR
Wynn Resorts filed a standard 8-K, no major news.
AI Summary
On September 6, 2024, Wynn Resorts, Limited filed an 8-K report. The filing indicates no specific material events or new financial information requiring immediate disclosure beyond standard reporting. The report confirms the company's identity and basic filing details.
Why It Matters
This filing serves as a routine update for investors, confirming the company's ongoing compliance and providing a snapshot of its reporting status.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report with no disclosed material events, indicating no immediate new risks.
Key Players & Entities
- WYNN RESORTS, LIMITED (company) — Registrant
- September 6, 2024 (date) — Date of earliest event reported
- 3131 Las Vegas Boulevard South (location) — Principal executive offices address
- Las Vegas, Nevada 89109 (location) — Principal executive offices city, state, zip
FAQ
What is the purpose of this 8-K filing for Wynn Resorts, Limited?
This 8-K filing is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, indicating the date of the earliest event reported is September 6, 2024.
What is Wynn Resorts, Limited's principal executive office address?
Wynn Resorts, Limited's principal executive offices are located at 3131 Las Vegas Boulevard South, Las Vegas, Nevada 89109.
What is the company's telephone number?
The registrant's telephone number, including area code, is (702) 770-7555.
What is the filing date of this report?
The report was filed as of date September 6, 2024, and the date of the earliest event reported is also September 6, 2024.
Does the filing mention any former name or address changes?
The filing states 'Not Applicable' for former name or former address, if changed since last report.
Filing Stats: 624 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-09-06 17:25:26
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 WYNN Nasdaq Global Select Market Chec
- $130 million — e NPA, Wynn Las Vegas agreed to forfeit $130 million in funds involved in the transactions a
Filing Documents
- wynn-20240906.htm (8-K) — 27KB
- 0001174922-24-000119.txt ( ) — 148KB
- wynn-20240906.xsd (EX-101.SCH) — 2KB
- wynn-20240906_lab.xml (EX-101.LAB) — 21KB
- wynn-20240906_pre.xml (EX-101.PRE) — 12KB
- wynn-20240906_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On September 6, 2024, Wynn Las Vegas, LLC ("Wynn Las Vegas"), a wholly owned indirect subsidiary of Wynn Resorts, Limited, entered into a non-prosecution agreement (the "NPA") with the United States Attorney's Office for the Southern District of California and the United States Department of Justice (the "DOJ"), resolving the previously-disclosed investigation into various transactions at Wynn Las Vegas relating to certain patrons who reside or operate in foreign jurisdictions which were facilitated by former employees, agents and other third parties that were unlicensed money transmitting businesses, in violation of 18 U.S.C. 1960. Pursuant to the NPA, Wynn Las Vegas agreed to forfeit $130 million in funds involved in the transactions at issue and continue to make certain enhancements to its compliance program. The DOJ agreed that, subject to Wynn Las Vegas's fulfillment of its obligations under the NPA, it will not bring any criminal charges against Wynn Las Vegas concerning the subject matter of its investigation, subject to standard reservations of rights and certain reserved claims. In reaching the resolution set forth in the NPA, the DOJ took into account the historical nature of the transactions at issue; Wynn Las Vegas's cooperation with the DOJ's multi-year investigation; that Wynn Las Vegas no longer employs or is affiliated with any of the individuals implicated in the transactions at issue; and Wynn Las Vegas's extensive remedial measures, many of which were undertaken prior to the parties entering into the NPA. The NPA resolves all prior U.S. federal regulatory inquiries commenced in or about 2014 regarding compliance by Wynn Las Vegas with 18 U.S.C. 1960 and the Bank Secrecy Act.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WYNN RESORTS, LIMITED Dated: September 6, 2024 By: /s/ Ellen F. Whittemore Ellen F. Whittemore Executive Vice President, General Counsel & Secretary