Tag: recovery
Las Vegas Strip is regaining footing
May 4, 2014
Las Vegas Review Journal – Stop the presses. Steve Wynn declared Las Vegas is on the road to recovery Thursday. At the outset of a first-quarter conference call with analysts, the Wynn Resorts Ltd. chairman and CEO said he was “feeling good about Las Vegas, better than I had in the past.” Wynn based his opinion on the company’s results from Wynn Las Vegas and Encore during the three-month period that ended March 31. The resorts’ overall revenue total — $380.9 million — was a 1.5 percent decline from a year ago and accounted for just 25 percent of the…