Wynn Resorts CEO Matt Maddox will leave the company in January, the company announced Tuesday.
Richard N. Velotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
Madison Square Garden Entertainment, the company building the MSG Sphere at The Venetian, has signed a new sports-wagering marketing deal with MGM Resorts International’s BetMGM.
Every division within the slot machine and gaming systems giant contributed to earnings that led the company to pay bonuses to some employees and dividends to investors.