Wynn Resorts Reported Profits Loss
Wynn resorts submitted a financial report for the iii quarter of 2020, based on the results of which the profit decreased by 77.5% compared to the same period of 2019. Pure loss amounted to 758.1 million dollars.
However, matt maddox, general director of wynn resorts, said: "we are inspired by the progress that was reached in each of our hotels, despite the continuing impact of the virus and related operational restrictions".
He also added:
"We have achieved significant progress in the development of wynn interactive, our subsidiary specializing in sports rates and games online. We launched online betting and casino in new jersey. And we are in the process of obtaining licenses in other states, for example, tennessee and virginia. Our brand recognized at the national level and the unique strategy allows us to hope for success in this important, fast-growing business sector in the coming years. ".
Source: official website wynn resorts