large casino poker tableThat tethered the executive’s fortunes, literally, to recovery in the share price. 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. CEO Matt Maddox is receiving 24,501 restricted shares, while CFO Craig Billings is getting 13,746 shares. turtle lake casino restaurantWynn Resorts (NASDAQ:WYNNphone number mohegan sun casino) 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. CEO Matt Maddox is receiving 24,501 restricted shares, while CFO Craig Billings is getting 13,746 shares. Full House acquired the property eight years ago for million.chinook winds casino fire

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treasure island hotel and casino vegasIt took nearly five hours to shuttle all the workers safely.The Silver Slipper opened 14 years ago as the first land-based casino on Mississippi’s Gulf Coast, and was the first to open in the region after Hurricane Katrina decimated the area. (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). The wind, rain, and flooding prevented the employees from leaving the casino and getting to the parking lot. slot casino 3The wind, rain, and flooding prevented the employees from leaving the casino and getting to the parking lot. (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). General Counsel and Executive Vice President Ellen Whittemore was awarded 6,585 restricted shares.Maddox SacrificesAs is the case with a secondary offering, stock issued as part of employee compensation programs can dilute current investors because of the new supply of shares coming to the market.Wynn, however, is avoiding that dilution, thanks to Maddox. call mohegan sun casino

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casino near me cincinnatiFull House acquired the property eight years ago for million.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. That tethered the executive’s fortunes, literally, to recovery in the share price. Based on Friday’s closing price of .79, those 176,247 shares are worth .59 million.The Retention Award was made to approximately 240 of the company’s top leaders in North America on Aug. After it reopened on May 21, two months after COVID-19 forced its closure, casino revenues increased by more than 12 percent, even though turnout was about 16 percent below normal.First Cristobal, Now ThisThis week’s storms are not the first to impact the Silver Slipper since it reopened in May.In June, emergency crews needed to rescue about 100 casino workers as Tropical Storm Cristobal hammered the region. Wynn 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. twin river casino reservations