The concessionaire says its mass gaming, luxury retail and hotel businesses all show strength in Macao.
Craig Billings
Craig Billings, CEO of Wynn Resorts, said the company was ‘well-positioned for success in Macau’s next phase of growth’.
Operators embark on new game plan while tasked by government to play greater role in diversifying city’s economic, day-to-day life and guaranteeing local jobs.
Loss up 70% year-on-year while company’s EBITDA suffers US$65.6 million loss; Wynn Resorts CEO blames Covid-related travel restrictions.
Outgoing president Ian Michael Coughlan leaves next February but will continue in advisory role; CEO hails successful transition.
CEO Craig Billings stresses company remains confident and market will bounce back once travel restrictions are relaxed.
Gaming operator bosses confident of more visitors in the coming months, point to healthy results at start of Year of the Tiger.
New CEO will assume command on 31 January, at a time when the gaming industry is facing hitherto unknown challenges.
Wynn Resorts CEO Matt Maddox to leave company at the end of January, to be replaced by current CFO Craig Billings.
