Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the U.S. Securities and Exchange Commission.
Wynn Resorts and Fertitta declined to comment on his increased stake.
He is frequently outspoken about issues that affect Las Vegas, whether it is Formula One or historic union wage contracts.
Wynn Las Vegas is the top-of-the-line, uber-luxurious resort on the Strip, and it owns two high-end resorts in Macao.
That position gave him a 6.2% stake in the company and made him the second-largest individual shareholder in Wynn, after co-founder Elaine Wynn.
Persons:
Billionaire Tilman Fertitta, Jefferies, David Katz, Wynn, Craig Billings, Ras Al Khaimah, Fertitta, Elaine Wynn, Steve Wynn
Organizations:
CNBC, Wynn Resorts, U.S . Securities, Exchange Commission, Hilton, Fertitta, Houston Rockets, Golden, Las, Wynn, United, United Arab Emirates, United Arab
Locations:
U.S, Las Vegas, Wynn Las, Macao, United Arab, Ras Al, United Arab Emirates, Wynn