2024.07.19
riverwind casino goldsby oklahoma(Image: Bobby Yip/Reuters)Late Thursday, Wynn said it lost .10 a share on revenue of 0.45 million during the most recently completed three-month stretch. Caesars Entertainment reported a big increase in quarterly revenue, but its loss for the period was astounding. The primary source of that weakness was ongoing lethargy in Macau, Wynn’s largest market. clearwater casino bainbridgeBut analysts were expecting a loss of .39 on sales of 4.48 million. Caesars Entertainment (NASDAQ:CZR) investors may be hoping that the old paragon casino human resourcesmaxim of “it takes money to make money” comes to pass. up for the operator. morongo casino and resort royal ace casino cash codesborgata online casino login(Image: Bobby Yip/Reuters)Late Thursday, Wynn said it lost .10 a share on revenue of 0.45 million during the most recently completed three-month stretch. Still, the stock will mostly be evaluated through a Macau lens, and that could finally turn into a positive for investors over the coming months.“WYNN management indicated the current pacing of visitation back into the market continues to improve. (Image: Bobby Yip/Reuters)Late Thursday, Wynn said it lost .10 a share on revenue of 0.45 million during the most recently completed three-month stretch. blackjack online computerCaesars Entertainment (NASDAQ:CZR) investors may be hoping that the old paragon casino human resourcesmaxim of “it takes money to make money” comes to pass. Still, the stock will mostly be evaluated through a Macau lens, and that could finally turn into a positive for investors over the coming months.“WYNN management indicated the current pacing of visitation back into the market continues to improve. That’s because the gaming operator said its third-quarter revenue more than doubled, while reporting a whopping per-share loss. doubledown casino vegas no deposit free bonus online casino washingtonmgm grand hotel casino 3799That’s because the gaming operator said its third-quarter revenue more than doubled, while reporting a whopping per-share loss. But analysts were expecting a loss of .39 on sales of 4.48 million. Caesars echoed those sentiments, noting weekday Strip occupancy in the September quarter was in the mid-50 perceAverage that out to .50, and it’s almost above the Street consensus and roughly 22 percent higher than where the stock resides today.Odds and EndsAmong the pleasant surprises in Wynn’s third-quarter reporter were record EBITDA at Encore Boston Harbor and indications that business is perking up in Las Vegas, where it owns two integrated resorts.With group and convention business on the Strip still essentially non-existent, Wynn is managing costs, which could lead to positive EBITDA in the coming months despite top line pressure. Caesars echoed those sentiments, noting weekday Strip occupancy in the September quarter was in the mid-50 perceThey also claim concerns about the strength of the Macau VIP market, a core constituency for Wynn, are overblown.Recently, Morgan Stanley lifted its Wynn price forecast to . free online poker wpt boomtown casino slot machines |