With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?
- May 8, 2020
With results that show how COVID-19 closures are impacting the gaming industry, Wynn Resorts Ltd. reported a net loss of $402 million for the first quarter of 2020. While the results mark a drop into the red from income of almost $105 million a year before, CEO Matt Maddox foresees built-up demand waiting to be released for leisure activities.
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