- Steve Wynn was unequivocal during Wynn Resorts' (NASDAQ:WYNN) earnings call that July was a banner month for the company in Las Vegas. Revenue could top $50M to set a record which would seem to indicate that the casino operator also struck some share gains.
- The company thinks a bottom was reached in the Macau VIP segment in June, which if true, could end some bearish scenarios for the sector.
- Cotai is a major topic of the Q&A. Wynn pulls out his three little pigs analogy once again to make the point that the $4B investment on Cotai will pay off as the Wynn brand remains easily differentiated.
- Earnings call transcript