Chinas Rise Casts Shadow Over Hong Kongs Teeming Wetlands Atmosphere News
In the worst case scenario, if Wynn Macau doesn’t win the new gaming license, Wynn Resorts could potentially shed up to three-quarters of its EBITDA on a normalized basis (pegged to pre-pandemic 2019 levels as highlighted earlier in the write-up). The winners of the new gaming licenses for the Macau industry are anticipated to be revealed prior to the finish of this year which is when the current gaming licenses for Wynn Macau and other incumbents expire. A September 20,…