Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts") and Austerlitz Acquisition Corporation I (NYSE:AUS) ("Austerlitz I") today announced that the companies have mutually agreed to terminate their previously announced agreement and plan of merger, which contemplated the combination of Austerlitz I and Wynn Interactive Ltd. ("Wynn Interactive"), a subsidiary of Wynn Resorts. The termination is effective immediately.
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Craig Billings, CEO of Wynn Interactive, stated, "With our continued roll out of product features and planned new state launches, including New York, we r