mgm casino ownerLas Vegas Mayor Carolyn Goodman (I) warned late last year that Nevada Gov. Another transaction dated Jan. Wynn CEO Matt Maddox seen at the White House last year. aliante casino win lob statement(Image: Newsweek)In a Form 4 filing with the Securities and Exchange Commission (SEC), it was revealed that in two transactions on Dec. Wynn Resorts3kings online casino (NASDAQ:WYNN) CEO Matt Maddox recently sold about 56,000 shares of the company’s stock. 31. seminole casino sports betting

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jamul casino bingoWynn CEO Matt Maddox seen at the White House last year. There were 29 more deaths.In total since the outbreak began last year, Nevada has seen 235,455 coronavirus cases and 3,235 deaths.These shares cannot be immediately sold. the choctaw casino resortThe Encore operator revealed Maddox would forego 100 percent of his 2020 cash salary, opting to be compensated entirely in equity.Other Wynn executives and some board members followed suit, taking cash salary reductions ranging from 33 percent to 100 percent in exchange for stock.Smart WagerUnder the terms of Maddox’s current employment agreement with the gaming company, he’s to be awarded 100,000 shares of restricted stock if certain benchmarks are3kings online casino met. 1 for the New Year’s Day holiday.His sale of those shares represents a winning bet the executive made on himself and the company. All told, the chief executives trimmed his Wynn stake by about eight percent, hauling in .32 million in the process.His timing was arguably impeccable and he’s still holding plenty of shares — 394,549 to be precise, according to Form 4 — with which to benefit from an ongoing rebound in the stock this year – a scenario plenty of analysts are betting on.At the start of the fourth quarter, Wynn stock traded around but gained more than 60 percent over the last three months of 2020.More Sales PossibleEquity sales by company insiders aren’t unusual and occur for a variety of reasons. thunder valley casino hotels nearby

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new brian christopher slotsLas Vegas Mayor Carolyn Goodman (I) warned late last year that Nevada Gov. 30, Maddox unloaded a combined 50,000 shares. 31. Wynn CEO Matt Maddox seen at the White House last year. 31 because US markets were closed on Jan. 31. black oak casino job opportunities