Loss up 70% year-on-year while company’s EBITDA suffers US$65.6 million loss; Wynn Resorts CEO blames Covid-related travel restrictions.
casino revenues
CEO Craig Billings stresses company remains confident and market will bounce back once travel restrictions are relaxed.
Macau’s economic output tumbled 24.5 percent in real terms in the first quarter, the Statistics and Census Bureau (DSEC) announced on Thursday, as a widening graft crackdown and slowing economy in the mainland keeps high rollers away from the city’s casinos. The fall in gross domestic product (GDP) from a year earlier was the deepest […]
