online gaming karnatakaCEO Matt Maddox is receiving 24,501 restricted shares, while CFO Craig Billings is getting 13,746 shares. CEO Matt Maddox is receiving 24,501 restricted shares, while CFO Craig Billings is getting 13,746 shares. The chief executive asked the compensation committee to cancel the award of 140,000 shares granted to him as part of an old employment agreement and thecasino kentucky committee obliged. online casino paypal deposit(Image: Las Vegas Review-Journal)The Encore operator revealed the equity grants in a Form 8-K filing with the Securities and Exchange Commission (SEC). Gaming and Leisure Properties, Inc. Wynn CEO Matt Maddox, seen here in April following a meeting with President Trump, and other executives are getting equity to stay on with the company through turbulent times. tropicana casino in laughlin phone number

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poker casino lisboaWynn stock is up 131 percent from its March lows.Other directors and high-ranking executives altered their salaries in exchange for stock, with some trimming salaries by 33 percent up to 100 percent.Dealing With UncertaintyThe stock grants were made to “motivate and retain” critical employees for the rest of this year and “a substantial portion of 2021,” a period Wynn expects will be marked by high levels of operating uncertainty stemming from the coronavirus pandemic.Beyond Billings, Maddox, and Whittemore, employees on the receiving end of the equity awards weren’t identified in the SEC filing. The wind, rain, and flooding prevented the employees from leaving the casino and getting to the parking lot. tournaments were suspended effective Monday until Thursday.Prior to the COVID-19 crisis, it offered more than 800 slots and 24 table games. will shed its riverboat status and become a land-based venue in early 2022. In some areas, the water reached heights of 5 feet.Local officials needed to use a high-water transport vehicle to shuttle workers to their cars. Wynn Resorts (NASDAQ:WYNNcasino kentucky) said the compensation committee of its board of directors signed off on issuing 176,247 shares of stock to retain 240 employees, including named executives through the end of this year and well into 2021. pechanga casino indian tribe