BUSINESS

Wynn loses $5.2M in Q4; 2010 outlook ‘very conservative’

TAGs: Macau, Steve Wynn, Wynn Resorts

PalinWynnWynn 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 ├╝ber-patriotic ears, she’s going to load up her wolf-shooting rifle and hop the next bushplane to Vegas, don’t you? Read more.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com