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. Among its properties are Wynn Las Vegas and Encore at Wynn Las Vegas in the U.S. This hospitality and entertainment company has a portfolio of high-end resorts and entertainment offerings. Wynn Resorts Ltd WYNN will be reporting its third-quarter (Q3) earnings on Nov.
