Wynn Macau

Wynn Resorts Macau unit losing $2 million daily, with revenue down 97.6% in Q2

Continuing to struggle in the wake of the COVID-19 shutdown, Wynn Resorts’ Macau hotel and casino business is suffering a loss of nearly $2 million per day with revenue down 97.6 per cent in the first two months of the second quarter of the current fiscal year.

Mass market gamers won’t like Macau’s post-COVID19 changes: Morgan Stanley

When Macau’s casinos will eventually get back to normal following COVID19-induced strict health protocols and travel bans, mass market gamers will probably not like the potential changes, Morgan Stanley market analysts underlined in their latest report.