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Friday, Oct 25
Heard during Wynn Resorts' earnings call
- Steve Wynn was lively as ever on Wynn Resorts' (WYNN -3.9%) Q3 earnings call last night as he maintained the company will have its best financial year ever.
- The exec said he was "flabbergasted" with Caesars' departure from the competition for a Massachusetts casino license, but thinks his company is as popular as the Red Sox in the region. He did note "deal fatigue" sets in as green regulators poke around for lurking gangsters.
- Wynn Resorts will stick its toe in the water with online gaming in New Jersey, but will enter the category knowing it needs to protect its brand.
- Strong margin trends in Macau aren't due to onetime factors, says Wynn.
- Earnings call transcript