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Wynn Resorts slides to Q2 loss as revenue falls 95%

5th August 2020 10:42 am GMT

New York-listed casino operator Wynn Resorts has reported a 95 per cent drop in revenue to $85.7m for the second quarter of 2020, as the COVID-19 pandemic impacted its operations in Macau and the United States.

In Macau, Q2 revenue from Wynn Palace fell by 99 per cent year-on-year to just $8.7m, while Wynn Macau revenue decreased by 98 per cent to $11.9m. Revenue from Las Vegas operations was 86 per cent lower at $64.9m in [...]

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