Steve Wynn is now a citizen of Monaco. He was granted Monegasque citizenship last month by the principality’s leader, Prince Albert II, without giving up his U.S. citizenship.
From this weeks gaming today.
Odd for a vehemently pro American person to become a subject of a European Principality. He does stand to make billions off of it.
Quote: Wynn 2nd quarter
LAS VEGAS, Jul 17, 2012 (BUSINESS WIRE) --Wynn Resorts, Limited (Nasdaq: WYNN) today reported financial results for the second quarter ended June 30, 2012.
Net revenues for the second quarter of 2012 were $1,253.2 million, compared to $1,367.4 million in the second quarter of 2011.
The revenue decline resulted from a 7.1% decrease in revenues from our Macau Operations and an 11.6% decline in our revenues in Las Vegas, as both properties were negatively impacted by lower hold in the 2012 quarter.
Adjusted property EBITDA (1) was $384.1 million for the second quarter of 2012, compared to $447.0 million in the second quarter of 2011.
LVS stock has plummeted almost 40% since Ap, not good. They
must be freaking out at the LVS properties, those are
sky is falling numbers. Things in Macau are not as rosy
as the news says it is, growth is rather stagnant from
what I've read. Good by Wall St standards, but not good
be casino standards.