Tag: pandemic
Wynn Accommodations posts quarterly loss on pandemic woes
Aug 4 (Reuters) – Wynn Resorts Ltd on Tuesday posted a quarterly loss compared to a year-ago profit, as the coronavirus pandemic kept customers away from gaming tables and hurt the the U.S. casino operator’s gambling revenue. Net loss attributable to Wynn Resorts was $637.6 million, or $5.97 per share, in the second quarter ended…
UPDATE 1-Wynn Hotels posts wider-than-expected loss on pandemic hit
(Compares with estimates; adds details on casino revenue, shares) Aug 4 (Reuters) – Wynn Resorts Ltd on Tuesday posted a wider-than-expected loss for the second quarter, as the COVID-19 pandemic kept customers away from gaming tables and hurt the U.S. casino operator’s gambling revenue. Hopes for a near-term recovery in Macau, the world’s biggest gambling…
Game builders are struggling to discontinue productive for the duration of the pandemic
As the pandemic continues to keep people inside, some jobs have shifted from office culture to working from home. For developers adjusting to this new reality, many say they’re struggling to stay focused and productive under the new conditions, according to a new survey published by GDC. The results, released today, include almost 2,500 developers.…
In One Chart: On-line poker betting hits a file high during the pandemic
In One Chart Published: May 29, 2020 at 7:12 p.m. ET The online poker industry is booming, but can it make up for what casinos are losing? People have been placing bets online from home, leading to several records in online gambling numbers. SEBASTIEN BOZON With most sports leagues on hiatus and casinos across the…
