Wynn’s $4.2 Billion Casino in Macau Is Seen Off to Slow Start

  • Analysts cite sluggish casino floor, flat Macau VIP business
  • Steve Wynn cautious on whether turnaround afoot in Macau

Wynn Palace casino resort in Macau.

Photographer: Anthony Kwan/Bloomberg

Wynn Resorts Ltd.’s $4.2 billion Macau resort is drawing lackluster numbers of new tourists and may be taking business from local rivals, said analysts who are tracking activity in the casino’s first few days.

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