11/24/2023 0 Comments Sahara hotel ownershipe las vegas![]() ![]() ![]() Q3 Analysts' Focus: Analysts’ focus will be on the company’s revenue from Macau, given the Macau Gaming Inspection and Coordination Bureau’s recent report. Related: Earnings Outlook For Wynn Resorts The company’s non-gambling revenue-boosting techniques and expansion initiatives appear to be contributing positively to revenue growth. Wynn is largely a casino-driven, with over 50% of its revenues coming from casinos.įactors that could serve as catalysts to WYNN’s Q3 report include strengths in luxury retail sales, direct VIP turnover, mass casino drop, and hotel revenues. However, the business hasn’t yet been able to reach its pre-pandemic levels. In China, there’s Wynn Macau and Wynn Palace.īusiness & Fundamentals: Wynn’s financials and business performance have recovered from COVID-19 lows.
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