Wynn Resorts Reports Underwhelming Q3 Earnings Due to Las Vegas Revenue Decline

Reported 21 days ago

Wynn Resorts reported lower-than-expected quarterly profits and revenues, primarily driven by a sluggish casino business in Las Vegas, which saw a 1.9% drop in revenue to $607.17 million. The company's total revenue for Q3 amounted to $1.69 billion, falling short of analysts' expectations of $1.73 billion, and its adjusted profit per share of 90 cents was also below projections.

Source: YAHOO

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