{"id":285,"date":"2024-06-29T01:03:57","date_gmt":"2024-06-28T22:03:57","guid":{"rendered":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/"},"modified":"2024-06-29T01:03:57","modified_gmt":"2024-06-28T22:03:57","slug":"the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes","status":"publish","type":"post","link":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/","title":{"rendered":"The COVID-19 Outbreak Continues to Affect Wynn&#8217;s Q3 Outcomes"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/W6JbviAXBRE\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The COVID-19 outbreak continued to have a detrimental effect on Wynn&#8217;s financial standing in the third quarter &#8211; iGB<\/p>\n<p>Wynn Resorts&#8217; third-quarter earnings decreased by 77.5% compared to the same period last year, reaching $370.5 million, and a substantial tax provision led to a net loss of $831.5 million.<\/p>\n<p>Home > Casinos &#038; Gaming > Land-Based Casinos > The COVID-19 Outbreak Continues to Affect Wynn&#8217;s Q3 Outcomes<\/p>\n<p>The COVID-19 outbreak continued to negatively impact Wynn&#8217;s financial performance in the third quarter<\/p>\n<p>The operator&#8217;s gaming income was $201.9 million, a reduction of 81.8%. Room income was $61.1 million, food and beverage income was $76.6 million, and entertainment, retail, and other income was $30.8 million, all of which experienced declines exceeding 70%.<\/p>\n<p>Wynn Macau, historically the operator&#8217;s primary revenue source, generated only $15.7 million in revenue, a decrease of 97.4% year-over-year, as the entire Macau market faced challenges due to travel restrictions. Similarly, Wynn Las Vegas&#8217; revenue was only $51.4 million, a decline of 89.2%.<\/p>\n<p>However, CEO Matt Maddox stated that profitability in Macau began to exhibit positive growth towards the end of the quarter, suggesting that these difficulties are likely to be temporary.<\/p>\n<p>Read more on iGB North America<\/p>\n<p>Subscribe to the iGaming Newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The COVID-19 outbreak continued to have a detrimental effect on Wynn&#8217;s financial standing in the third quarter &#8211; iGB Wynn Resorts&#8217; third-quarter earnings decreased by 77.5% compared to the same period last year, reaching $370.5 million, and a substantial tax provision led to a net loss of $831.5 million. Home > Casinos &#038; Gaming > [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wynn Q3 Hit Hard: COVID-19 Impact<\/title>\n<meta name=\"description\" content=\"Wynn Resorts sees a 77.5% drop in Q3 earnings, with COVID-19 continuing to take its toll. Learn more about the impact.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"The COVID-19 Outbreak Continues to Affect Wynn&#039;s Q3 Outcomes\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Wynn Resorts sees a 77.5% drop in Q3 earnings, with COVID-19 continuing to take its toll. Learn more about the impact.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Best Online Casino Games | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T22:03:57+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/\",\"url\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/\",\"name\":\"Wynn Q3 Hit Hard: COVID-19 Impact\",\"isPartOf\":{\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-28T22:03:57+00:00\",\"dateModified\":\"2024-06-28T22:03:57+00:00\",\"author\":{\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Wynn Resorts sees a 77.5% drop in Q3 earnings, with COVID-19 continuing to take its toll. Learn more about the impact.\",\"breadcrumb\":{\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The COVID-19 Outbreak Continues to Affect Wynn&#8217;s Q3 Outcomes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/\",\"name\":\"Discover the Best Online Casino Games | Licensed &amp; Trusted\",\"description\":\"Explore the dynamic world of online gambling with our licensed casino. Benefit from fresh news, comprehensive reviews, and expert articles to enhance your gaming journey.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"contentUrl\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"caption\":\"admin\"},\"description\":\"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.\",\"sameAs\":[\"http:\/\/theworldcasino.vip\"],\"url\":\"https:\/\/spindimensionnodepositbonuscodes.icu\/author\/ezvhu8xt\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Wynn Q3 Hit Hard: COVID-19 Impact","description":"Wynn Resorts sees a 77.5% drop in Q3 earnings, with COVID-19 continuing to take its toll. Learn more about the impact.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/","og_locale":"en_GB","og_type":"article","og_title":"The COVID-19 Outbreak Continues to Affect Wynn's Q3 Outcomes","og_description":"Wynn Resorts sees a 77.5% drop in Q3 earnings, with COVID-19 continuing to take its toll. Learn more about the impact.","og_url":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/","og_site_name":"Discover the Best Online Casino Games | Licensed &amp; Trusted","article_published_time":"2024-06-28T22:03:57+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/","url":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/","name":"Wynn Q3 Hit Hard: COVID-19 Impact","isPartOf":{"@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/#website"},"datePublished":"2024-06-28T22:03:57+00:00","dateModified":"2024-06-28T22:03:57+00:00","author":{"@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0"},"description":"Wynn Resorts sees a 77.5% drop in Q3 earnings, with COVID-19 continuing to take its toll. Learn more about the impact.","breadcrumb":{"@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/2024\/06\/29\/the-covid-19-outbreak-continues-to-affect-wynns-q3-outcomes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/spindimensionnodepositbonuscodes.icu\/"},{"@type":"ListItem","position":2,"name":"The COVID-19 Outbreak Continues to Affect Wynn&#8217;s Q3 Outcomes"}]},{"@type":"WebSite","@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/#website","url":"https:\/\/spindimensionnodepositbonuscodes.icu\/","name":"Discover the Best Online Casino Games | Licensed &amp; Trusted","description":"Explore the dynamic world of online gambling with our licensed casino. Benefit from fresh news, comprehensive reviews, and expert articles to enhance your gaming journey.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/spindimensionnodepositbonuscodes.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/spindimensionnodepositbonuscodes.icu\/#\/schema\/person\/image\/","url":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","contentUrl":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","caption":"admin"},"description":"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.","sameAs":["http:\/\/theworldcasino.vip"],"url":"https:\/\/spindimensionnodepositbonuscodes.icu\/author\/ezvhu8xt\/"}]}},"_links":{"self":[{"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/285"}],"collection":[{"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/comments?post=285"}],"version-history":[{"count":0,"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/285\/revisions"}],"wp:attachment":[{"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/media?parent=285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/categories?post=285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spindimensionnodepositbonuscodes.icu\/wp-json\/wp\/v2\/tags?post=285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}