NewsWorld
Wynn Resorts Reports Revenue Decline in Third Quarter
Wynn Resorts recorded a revenue decline in the third quarter. Its properties in Macau and Las Vegas saw healthy demand despite slowing market conditions.
Wynn Resorts said its revenue fell in the third quarter. The company's properties in Macau and Las Vegas saw healthy demand despite a slowdown in the market.
CEO Craig Billings said that Wynn Las Vegas's hold rate falling outside the expected range had a negative impact on the property.
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