2015
10/28

Category:
Revenue

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Wynn frustrated with Macau; revenue drops 27 percent

Wynn Resorts, the casino company that owns the Wynn and Encore on the Strip as well as property in Macau, reported its third quarter earnings today.

Company: Wynn Resorts Ltd. (NASDAQ: WYNN)

Revenue: $996.3 million, down 27.2 percent from the third quarter last year. The company attributed most of the decline to a big drop in revenue from its Macau operations, as well as a smaller decline in revenue from its Las Vegas resort business.

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