Why Wynn Remains a Risky Bet - News Summed Up

Why Wynn Remains a Risky Bet


Matt Maddox, the new chief executive of Wynn Resorts, began the company’s first-quarter earnings call on Tuesday by acknowledging that “it’s definitely been an eventful three months.”He wins points for understatement, though not sensitivity to the serious matter of alleged sexual harassment and rape. After a few perfunctory words about Wynn’s commitment to diversity and equality, Mr. Maddox quickly moved on to touting the company’s stellar assets. “I’m not interested in looking in the rearview mirror,” he said.


Source: Wall Street Journal April 25, 2018 00:56 UTC



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