Wynn Resorts Reports Record Q2 EBITDA Amid Mixed Revenue Performance

The Update Wynn Resorts Ltd. reported second-quarter 2024 operating revenues of $1.73 billion, marking an 8.6% year-on-year increase but falling slightly short of analyst expectations. The company achieved a record Adjusted Property EBITDAR of $571.7 million, reflecting operational strength across its Las Vegas, Macau, and Boston properties. In Las Vegas, Wynn generated $628.7 million in […]

Supplier Oversight is Becoming a Board-Level Risk

In the last year, it has become increasingly clear that supplier oversight is no longer a back-office compliance function. It is a boardroom issue. Regulatory bodies in the UK, North America and beyond have signalled with substantial fines that operators can no longer claim ignorance when third-party failures come to light. The onus is now […]

Navigating the Current Landscape of the Gambling Industry

The gambling industry finds itself at a pivotal moment, marked by significant transformations in regulations, technological strides, and evolving consumer behaviours. As CIOs and CTOs, it’s crucial to understand these dynamics, not just to meet the challenges ahead, but to harness them for technological advancement and organisational success.

Navigating the AI Revolution: A Strategic Blueprint for Gambling Company CMOs

This article delves into the necessity for gambling company CMOs to embrace AI, not merely as a tool, but as a strategic partner in customer engagement, market analysis, and innovation. Through an exploration of the evolving landscape, we provide insights and tactical advices tailored for CMOs to lead their brands effectively in this new era.