One of the popular casino resorts of Macau region has recently revealed that it has shown downfall in market expectations, although Macau was considered as the prosperous gambling capital of the world. Wynn Macau is one among the renowned online gambling brands of the world, but still, this group has failed to match with the expectations of experts in financial industry.
However, this can be observed as sign of Wynn strength that yearly increase of 15% in net income for last quarter is seem to be underwhelming. As per the statement of Lantis Li, analyst of CSC (Capital Securities Corporation) in Hong Kong, “At present, the figures obtained from the casinos of Macau group are in favor of my expectations, but I am now worrying about their future growth, This is because; until now, I have got no updates about the approval of their Cotai project.”
February 6, 2012, 5:31 am (4 months ago)
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