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6 million shortfall recorded for the three months to the end of June as associated casino revenues improved by over 363% quarter-on-quarter to hit .7 million. However, the source detailed that this subdued tally represented an improvement when compared with its almost 1....
9 million.Operator optimism:The Las Vegas Review-Journal reported that the revelation from Reeg came as part of an update on the casino firm’s third-quarter financial results to designate the Rio All-Suite Hotel and Casino as the last of its nine venues in the Nevada city to be re-opening following the earlier lifting of the state-mandated closure order. Nevertheless, the executive purportedly sounded an optimistic note by proclaiming that mass-market table drop in Macau throughout October ‘was roughly 40% of our pre-coronavirus levels’ with turnover from junket operations sitting at ‘between 25% and 30%....
Confident comparisons:Wynn Macau Limited is majority owned by Las Vegas-headquartered Wynn Resorts Limited and reportedly saw its overall earnings from the third quarter plummet by roughly 370% year-on-year to a loss of about 0.6 million room nights contracted worth over 0 million in rooms and banquet revenue and 78% of that business is new to Las Vegas. We went from 10% of our normal visitor volumes up to almost 30%....
7 million.377 billion but eluded profitability via a net loss of 6 million.7 million....
