• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 23 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Former Harrah’s boss Phil Satre named as new Wynn Resorts Chairman

Newsdesk by Newsdesk
Tue 7 Aug 2018 at 06:33
Former Harrah’s boss Phil Satre named as new Wynn Resorts Chairman
Print Friendly, PDF & Email

Wynn Resorts has announced former Harrah’s boss Phil Satre as its new Chairman.

Satre, who only days ago told a Las Vegas newspaper that failing to pursue a Macau gaming license in 2001 was his biggest career regret, will join the board initially as Vice Chairman before replacing D. Boone Wayson – who also announced his intention to stand down on Monday – by the end of the year.

Satre is President of the National Center for Responsible Gaming and has served in a number of high profile leadership roles in the gaming industry. Aside from Harrah’s which he departed in 2005, he was Chairman of the Board of IGT, Nordstrom, Inc and NV Energy, Inc as well as serving as director of Tabcorp Holdings Ltd and Rite Aid Corporation. He is a member of the American Gaming Association’s Hall of Fame.

“The addition of someone of Phil’s caliber and experience is a significant step forward for Wynn Resorts as we turn the page on the last six months,” said Wayson. “Our goal is to give the management team, led by CEO Matt Maddox, an opportunity to grow and develop this company to its greatest potential. Phil’s insight and guidance will be invaluable as we move forward. I am proud of our accomplishments and am pleased that someone as outstanding as Phil will succeed me in the role as Chairman.”

“This appointment is the result of a collaborative effort with co-founder Elaine Wynn, which I believe will serve as the beginning of a constructive and unified effort by all parties to move the company forward.”

Satre’s appointment comes with an agreement between Wynn Resorts and Elaine Wynn that the company’s majority shareholder will no longer push for any new board changes after staging a running battle with the board since explosive allegations of sexual assault leveled at former Chairman and CEO Steve Wynn emerged in February.

“I have long respected Phil as a leader in the gaming industry and am confident that his addition to the company’s leadership team, coupled with the plans laid out by management, will bring the company tremendous success in the years to come,” Elaine Wynn said.

“Phil’s role as vice chair, and as chairman in the future, will be key to furthering the Wynn Resorts brand as one of the premier destination resort operators in the world.”

Wynn Resorts also announced on Monday that it has received the final presentation from its Special Committee investigating the allegations against Steve Wynn, who stepped down shortly after the news broke in February. The board said it will now provide the presentation to gaming regulators.

“The board and the company will have no further public statement on the results until the regulatory investigations are completed,” it said.

RelatedPosts

Guiding light

Light & Wonder’s Chief Legal Officer James Sottile to retire at year’s end, Susan Dawson named as replacement

Sun 22 Jun 2025 at 17:54
China’s Ambassador to the United States Xie Feng Meets with Wynn CEO Craig Billings

China’s Ambassador to the United States Xie Feng Meets with Wynn CEO Craig Billings

Thu 19 Jun 2025 at 19:54
Light & Wonder appoints Oliver Chow as Chief Financial Officer

Macquarie forecast for Light & Wonder falls just shy of US$2 billion 2028 EBITDA target

Tue 17 Jun 2025 at 05:46
Everi which way

Merged Everi-IGT entity seen holding greater share of US slots sales market than Light & Wonder and Aristocrat

Tue 10 Jun 2025 at 15:16
Load More
Tags: ChairmanD. Boone WaysonElaine WynnMatt MaddoxNorth AmericaPhil Satreresponsible gamingSteve WynnWynn Resorts
Share2Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Record-breaking Jacky Cheung residency at Cotai Arena seen to boost Macau economy

Citi: Singer Jacky Cheung’s latest residency series showing signs of boosting Macau GGR in June

by Ben Blaschke
Mon 23 Jun 2025 at 13:07

Investment bank Citigroup says it wouldn’t be surprised to see Macau generate more gross gaming revenue in June than previously forecast after the first of singer Jacky Cheung’s latest residency series at Galaxy Arena generated “significant improvement in foot traffic”...

Thailand casino regulator to be based in Bangkok as governance structure outlined

Latest survey shows majority of Thais still against casino resorts despite fewer voicing opposition

by Newsdesk
Mon 23 Jun 2025 at 05:33

A majority of Thais still oppose the development of entertainment complexes (ECs) with casinos, according to a new poll by the National Institute of Development Administration (NIDA). However, the number of respondents to voice outright opposition to both has fallen...

South Shore shareholders convene SGM to vote on winding up of the company

Troubled Macau hotel THE 13 said to have sold for US$51 million

by Pierce Chan
Sun 22 Jun 2025 at 19:12

Long-troubled Macau hotel THE 13 has been purchased for HK$400 million (US$51 million), according to Hong Kong media reports. THE 13, originally envisioned as an uber-luxury hotel and casino before its construction was plagued by financial woes, was first put...

Businesses in Macau’s NAPE area hold joint press conference calling on government to reconsider satellite casino closures

Businesses in Macau’s NAPE area hold joint press conference calling on government to reconsider satellite casino closures

by Pierce Chan
Sun 22 Jun 2025 at 18:56

A number of businesses located in Macau's Zona Nova de Aterros do Porto Exterior (NAPE) held a joint press conference late Sunday calling on the government and related gaming concessionaires to suspend their decision to close the city’s satellite casinos....



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English