Tilman Fertitta, a billionaire, has expressed his dissatisfaction with the performance and share price of Wynn Resorts Ltd. He recently acquired a 9.9% stake in the company.
Fertitta believes that the management team at Wynn is not effectively communicating the company's performance to investors. He sees potential for expanding the Wynn brand, especially within the United States.
Fertitta's concerns highlight a perceived lack of transparency and strategic direction from Wynn's leadership, which raises questions about the company's future growth prospects in a competitive market.