{"id":138516,"date":"2020-06-12T09:46:36","date_gmt":"2020-06-12T16:46:36","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=138516"},"modified":"2020-06-12T11:22:04","modified_gmt":"2020-06-12T18:22:04","slug":"wynn-is-bleeding-cash-in-macau-things-could-turnaround-with-vip-help","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/wynn-is-bleeding-cash-in-macau-things-could-turnaround-with-vip-help\/","title":{"rendered":"Wynn Says Macau Unit Losing $2 Million per Day in Q2 with Revenue Down as Much as 97.6 Percent"},"content":{"rendered":"
In a new 8-K filing with the Securities and Exchange Commission (SEC), Wynn Resorts confirms its Macau unit continues struggling in the wake of the coronavirus shutdown. It is losing roughly $2 million per day in the first two months of the second quarter.<\/p>\n