Although the revenge travel phenomenon appears to have faded, the broader industry could still be enticing, thereby making an attractive case for casino stocks with dividends. During the worst of the Covid-19 crisis, quarantined households longed for the day when normalcy would return.
Wynn stock currently trades at $96 per share, roughly 31% below its pre-inflation shock high of $140 seen on March 17, 2021. The stock was impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist inflows into the region.
Wynn Resorts, Limited (NASDAQ:WYNN ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Julie Cameron-Doe - CFO Craig Billings - CEO Brian Gullbrants - COO, North America Conference Call Participants Carlo Santarelli - Deutsche Bank Joseph Greff - JPMorgan Shaun Kelley - Bank of America Daniel Politzer - Wells Fargo John DeCree - CBRE Robin Farley - UBS Benjamin Chaike...
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the first quarter ended March 31, 2024. Operating revenues were $1.86 billion for the first quarter of 2024, an increase of $439.2 million from $1.42 billion for the first quarter of 2023. Net income attributable to Wynn Resorts, Limited was $144.2 million for ...
Project Will Be the First Fully Integrated Resort in the MENA Region RAS AL KHAIMAH, UAE, May 6, 2024 /PRNewswire/ -- Wynn Resorts, Limited (Nasdaq: WYNN) has released new images of its latest luxury resort, Wynn Al Marjan Island, currently under construction in Ras Al Khaimah, United Arab Emirates. The development is the Company's first beachfront resort and is being built on a beautiful islan...
LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company's financial results for the first quarter ended March 31, 2024 after the market close on Tuesday, May 7, 2024, followed by a conference call at 2:00 p.m. PT (5:00 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the “Company Information” section. Interested par...
LAS VEGAS, April 29, 2024 /PRNewswire/ -- Wynn Resorts (Nasdaq: WYNN) has released its 2023 Environmental, Social and Governance (ESG) Report and Corporate Responsibility Review outlining the Company's 2023 responsibility programs. The reports showcase ongoing initiatives including nationwide philanthropic efforts and impactful sustainability practices.
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