Wynn Resorts Ltd (WYNN) Lower after Wynn Macau President Resigns

September 30, 2016 9:45 AM EDT

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Wynn Resorts Ltd (NASDAQ: WYNN) is down 4.7% early, which could be related to an executive departure at its Wynn Macau subsidiary.

Wynn Macau announced that Gamal Abdelaziz (or Gamal Aziz as he is sometimes known as in our communications) has resigned from his positions as President and Executive Director of WML, effective September 30, 2016, to pursue other opportunities.

Michael Coughlan has been appointed as President of WML, effective immediately.

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