January 2016
Intermediate to advanced
480 pages
132h 28m
English
book
Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 16/e
by Fred R. David, Forest R. David
Content preview from Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 16/e
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Finance
Wynn Resorts is engaged in developing the Wynn Palace Project on the Cotai land in Macau. The opening of this new casino was scheduled ahead of the Chinese New Year in February 2016, however, it has been reportedly postponed owing to a delay in timing of permits and will open sometime later in the first half of 2016. Currently, the company expects the project to cost around $4.1 billion. The company spent around $428.7 million on the Cotai project in the quarter.
Exhibit 4 Product Revenues (in millions of USD)
| 2014 | 2013 | 2012 | |
|---|---|---|---|
| Casino | $4,274 | $4,490 | $4,035 |
| Rooms | 543 | 492 | 480 |
| Entertainment and retail | 401 | 419 | 417 |
| Food and beverage | 605 | 587 | 588 |
| (Promotional allowances) | (369) | (367) | (366) |
| Total revenues | 5,434 | 5,621 | 5,154 |
Source: ...
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