MGM Mirage, Wynn report robust second quarters

Stutz, Howard; Knightly, Arnold M.; Vogel, Ed; Robison, Jennifer
August 2007
Las Vegas Business Press (10712186);8/13/2007, Vol. 24 Issue 33, pP7
The article reports that MGM Mirage and Wynn Resorts Ltd. posted higher earnings in for the second quarter of 2008 which ended in June 30. MGM Mirage reported a net income of $360.2 million or $1.22 per share from $146.4 million or 50 cents per share in 2007. Wynn Resorts credits its profits from the strong Las Vegas market and strong profits in Macau.


Related Articles

  • MGM Mirage earnings on mend. DeFoe, Jeannine // Las Vegas Business Press;10/28/2002, Vol. 19 Issue 43, p3 

    Reports on the earnings of MGM Mirage for the third-quarter of 2002 in the U.S. Net income; Increase in the profit from the Las Vegas casinos; Estimate of the amount in profit from casinos.

  • MUZZLED BOOM. STUTZ, HOWARD // Las Vegas Business Press (10712186);1/19/2009, Vol. 26 Issue 3, p6 

    The article focuses on the outlook for commercial development in Las Vegas, Nevada within the next decade following the completion of several hotel-casino projects in late 2008 as well as in 2009 and 2010. It mentions that Wynn Resorts Ltd. has opened the $2.3 billion Encore megaresort on...

  • Meeting and Incentive Venues.  // Medical Meetings;Jun2006 Supplement, p6 

    Describes several meeting and incentive venues in Las Vegas, Nevada. Wynn Las Vegas; Rio All Suite Hotel & Casino; Caesars Palace; Bellagio.

  • Week in Review.  // Travel Agent;11/15/2004, Vol. 319 Issue 2, p88 

    Presents news on the international travel industry. Launching of the multibillion dollar "urban metropolis" commercial project by MGM Mirage dubbed as Project CityCenter; Plan of Wynn Resorts to expand its Wynn Las Vegas project on twenty acres of land adjacent to the existing site; Opening of...

  • Casinos report losses, less volatility. Stutz, Howard // Las Vegas Business Press (10712186);5/11/2009, Vol. 26 Issue 19, pP15 

    The article reports that major casino operators have suffered declines in earnings for the first quarter of 2009 compared to earnings a year ago, although most executives believed that the market is starting to stabilize. Some of the casino operators mentioned are Wynn Resorts, Las Vegas Sands...

  • Wynn Q2 Net Income Up, Revenue Falls in Macau, Vegas.  // Lodging Hospitality Exclusive Insight;7/18/2012, p5 

    The article reports that net income of Wynn Resorts Ltd. increased in the second quarter of 2012.

  • BUSINESS NEWS IN BRIEF.  // Las Vegas Business Press;07/31/2000, Vol. 17 Issue 30, p3 

    Reports that Las Vegas, Nevada-based casino management firm MGM Mirage has posted an 82 percent increase in net income for the second quarter of 2000 ended June 30, compared in 1999. Percentage increase of earnings per share; Amount secured by the firm in bank financing.

  • Casinos & Gaming Industry Profile: Global.  // Casinos & Gaming Industry Profile: Global;Apr2009, p1 

    Presents a profile of the Casinos & Gaming industry in the World. Executive summary of the industry; Market overview; Market value; Market segmentation; Competitive landscape; Leading companies in the industry; Market forecasts; Demographics; Further reading.

  • GAMING NEWS.  // Corporate Meetings & Incentives;Nov2008, Vol. 27 Issue 11, p57 

    The article offers updates related to gaming venues in the U.S. Dover Downs Hotel & Casino is expanding to 500 guest rooms and suites as well as a total of 35,000 square feet new meeting space, which include a ballroom, exhibit space and breakout rooms. Wynn Resorts's newest signature hotel,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics