Steve Wynn's Most Candid Conference Call Ever: In His Own Words

Who says earnings conference calls are boring and dry? Wynn Resorts Ltd. Chief Executive Officer Steve Wynn is so frustrated with the Macau government that he told analysts on the call -- five times -- he’s never seen anything like this during his 45 years in the casino business. Below are excerpts of some of his most notable comments.

“The table cap is the single most counterintuitive and irrational decision that was ever made. Here we are spending billions of dollars creating non-gaming facilities, and then arbitrarily someone says, ‘well you should only have this many tables.’ No jurisdiction ever has imposed such - that kind of logic on us. And what it’s done, it’s turned our human resource planning inside out and upside down, and you can tell by the tone of my voice the extent of my frustration.”