Wynn's recent earnings revealed this. I hold the stock. Wynn should manage fine if the US goes into a recession given its clientele. Wynn's future expansion in the UAE should be yuge, but they are still years away from the oil money rolling in.


AI Overview

Wynn Resorts is actively monitoring the situation in Thailand regarding potential casino legalization and aims to be ready to participate in any bidding process for land-based casinos within large entertainment complexes, according to a recent GGRAsia article.

Here's a more detailed breakdown:
Wynn Resorts CEO Craig Billings stated that the company is "active in Thailand" and wants to be in a position to participate if the country moves forward with casino legalization.
Early Stages:
Billings emphasized that the process is still in its early stages, with full details about regulations and licensing structures not yet available.
Focus on UAE:
Currently, Wynn's primary focus is on the development of the Wynn Al Marjan Island casino resort in Ras Al Khaimah, United Arab Emirates.