Re: WYNN\'S A LOSER - China
You're right - such BS. First of all part of the headline says "China Red Ink: $405M" That's not income, that's just 1 day in a daily market value fluctuation that has rocketed up over the past few months. Misleading if you just glance at it.
Also they mention a "disappointing" 55% revenue growth. (their quotes, but I'd do the same). Yes, below projections but still a growth rate any company would kill for.
Finally, that's just gaming revenue. Macau is just scratching the surface when it comes to generating non-gaming revenue like Vegas does - dining, shopping, entertainment, etc.
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