Not all casino markets are the same-and then there’s Las Vegas. The king of casino markets is both an anomaly and a leader. Las Vegas is unlike many casino markets because there are multiple identities within the market. Sin City is a leader because it has to be.
Wynn Resorts reported third-quarter earnings in an anticipated call last week. Similar to other Las Vegas casino operators, they reported poor revenue for the quarter at their Las Vegas properties. Additionally, there was some positive news shared about future happenings at the famous Las Vegas hotel.