Vegas Is Back Baby! Wynn Suffers China Slowdown In Macau As Sin City Shines
- Thursday, January 31, 2013, 16:54
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Wynn Resorts posted fourth quarter earnings after the bell on Thursday, taking a hit on China’s well-documented economic slowdown. Casino revenues fell in Macau, while Las Vegas was the surprising star, seeing sales jump 12.1% as the U.S. economy managed to muddle through a tough fourth quarter.
http://www.forbes.com/sites/afontevecchia/2013/01/31/wynn-suffers-china-slowdown-in-macau-as-vegas-shines-on-u-s-resilience/