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Casino
May 15, 2020
Massachusetts Regulator Extends Closure, State Casinos to Re-Open Last
The Massachusetts Gaming Commission unanimously voted Wednesday to extend casino closures to the three state casinos, pushing a potential re-opening date to June 1, mainly following the guidance from St. Gov. Charlie Baker, but casino operators in Massachusetts may not be in a hurry to re-open for business. Gloomy Picture Ahead Representatives of the three […]
Casino
May 7, 2020
Wynn Resorts Revenues Materially Impacted by Casino Closures
Wynn Resorts issued today its first quarter financial results, posting 42.3% drop in operating revenues, due to the closure of its properties, in February in Macau, and from mid-March in the USA. Revenue Impact Material First quarter revenue for the company fell to $953.7 million, from $1.65 billion for Q1 2019, nearly $700 million less, […]