Wynn Resorts' Las Vegas Growth Plan Looks Steady, Not Flashy
Las Vegas may not sound like the most exciting place in the casino industry to be expanding, but that's exactly what Wynn Resorts (NASDAQ: WYNN) is doing. The company already has the most profitable resort on the Las Vegas Strip, but it sees more opportunities in expanding the convention and entertainment spaces that drive traffic.
Since co-founder and former CEO Steve Wynn was forced out in early 2018, the company's plans for Las Vegas have changed from a multibillion-dollar tower and entertainment complex to something more subdued. Management recently laid out what they have in mind in a presentation to investors.
Image source: Getty Images.
Quelle Fool.com
