Wynn loses $5.2M in Q4; 2010 outlook ‘very conservative’
Wynn Resorts Ltd. posted a $5.2M loss in the fourth quarter of 2009. The company’s Macau operations posted an operating income of $89M, compared with operating losses of $56.7M in Las Vegas. In the words of CEO Steve Wynn: “Thank God for being outside the United States today.” Steve, you do realize that if those words reach Sarah Palin’s über-patriotic ears, she’s going to load up her wolf-shooting rifle and hop the next bushplane to Vegas, don’t you? Read more.
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