TITLE

Macau property boosts Wynn profits

AUTHOR(S)
Stutz, Howard
PUB. DATE
November 2008
SOURCE
Las Vegas Business Press (10712186);11/10/2008, Vol. 25 Issue 45, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the results from Wynn Resorts Ltd.'s casino in Macau, China has boosted the company to an increase in profits for the second straight quarter in 2008. Wynn Resorts says it earned $51.1 million, or 49 cents a share, in the third quarter of the year that ended on September 30. Wynn Resorts Chief Financial Officer (CFO) Matt Maddox claims the company can pay off its debt maturities in three years.
ACCESSION #
35249018

 

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