Casino operator Wynn Resorts missed quarterly earnings estimates, citing weakened business in Las Vegas. The slowdown impacted revenue, signaling challenges ahead for the hospitality sector in the region.
Browsing: quarterly earnings
US gaming revenue surged to its strongest quarterly performance since 2022, signaling a robust rebound for the industry, according to VEGAS INC. Casinos nationwide reported increased earnings, driven by rising visitor numbers and spending.
Caesars Entertainment reported a fourth-quarter profit, driven by robust performance in its Las Vegas operations. The strong recovery in the tourism and gaming sectors boosted the company’s financial results, Reuters reports.