Wynn Resorts' Growth Plan in Macau
Wynn Resorts, Limited (NASDAQ: WYNN) has been through a wild ride since early 2018, when founder Steve Wynn was accused of sexual misconduct. The company changed construction plans in Las Vegas, reconfigured its ownership structure (buying out Steve Wynn), and set out to grow its share of Asia's casino market.
In a recent presentation to investors, CEO Matt Maddox laid out what's working in Macau and how he and his team plan to grow the company. Understanding what's going on in the region is key to understanding where Wynn Resorts is headed.
Quelle Fool.com