{"id":163940,"date":"2021-02-09T09:21:44","date_gmt":"2021-02-09T17:21:44","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=163940"},"modified":"2021-02-09T12:22:02","modified_gmt":"2021-02-09T20:22:02","slug":"wynn-share-sale-could-fund-sports-betting-ambitions-says-analyst","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/wynn-share-sale-could-fund-sports-betting-ambitions-says-analyst\/","title":{"rendered":"Wynn Could Use Equity Sale Cash to Bolster Sports Betting Unit, Says Analyst"},"content":{"rendered":"
Wynn Resorts (NASDAQ:WYNN) announced Monday it’s selling equity to raise capital, an offering that was increased due to strong demand. One sell-side analyst believes the operator’s emerging interactive\/sports betting unit is a likely destination for some of that cash.<\/p>\n