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Wynn Resorts sees first quarter revenue drop 42%

7th May 2020 9:42 am GMT

New York-listed casino operator Wynn Resorts has reported a 42 per cent fall in operating revenue to $953.7m for the first quarter of 2020.

The operator saw revenue drop significantly year-on-year at its venues in Macau, which were closed for a 15-day period in February, while revenue from its Las Vegas Operations also fell as casinos were closed on 17 March due to the COVID-19 pandemic.

Revenue from Wynn Palace declined by 64 per cent to $259.5m [...]

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