It won't be seen on the transcript (read it here), but Steve Wynn seemed to literally slam the...


It won't be seen on the transcript (read it here), but Steve Wynn seemed to literally slam the table as he brought home the point during Wynn Resorts' (WYNN) earnings call that regional casinos are nothing but "boxes of slots." The exec is convinced that the premium Wynn experience will play well in new markets such as Boston and Philadelphia where the firm is vying for licenses to pressure regional operators. The burning sector question: How much of a hit will regional casino operators (PENN, MCRI, ASCA, ISLE, BYD, CNTY, PNK) take as big Vegas companies expand more into their turf?

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Comments (1)
  • Rmcinelli@hotmail.com
    , contributor
    Comment (1) | Send Message
     
    He's right. They are boxes of slots. Nothing original in any of them.
    26 Apr 2013, 09:40 AM Reply Like
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