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
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Future
Wynn Resorts concluded its fourth quarter of 2014 with a 32 and 5.8 percent decrease in revenues from fourth quarter 2013 in Macau and Las Vegas, respectively—blamed on a poor economy and a government crackdown on high-end gambling in China. A new smoking ban proposed in 2015 in Macau is also expected to hinder revenues if formally passed. Wynn currently has two main projects in the works: Wynn Palace in Macau with a cost totaling $4.1 billion and expected to open on Cotai in 2016, and the Wynn Project in Massachusetts. Wynn’s Massachusetts project is proceeding forward after the purchase of 33 acres of land in Everett, Massachusetts, along the Mystic River. Falling revenues and intense competition have plagued the industry over the last ...
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