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Best of Howard Stutz

Gaming Guru

Howard Stutz
 

Wynn's verbal gems can spice earnings calls

30 July 2014

LAS VEGAS -- There is a reason why Wynn Resorts, Limited quarterly earnings conference calls are never boring.

You never know when Company Chairman Steve Wynn is going to drop a few verbal gems.

Take Tuesday’s second-quarter call.

At one point, Wynn used the word “inexorable,” to describe the Chinese economy as unstoppable.

“I love that word,” Wynn said, adding that it was the “kind of thing you might see on (Fox News personality) Bill O’Reilly’s word of the night.”

Nomura Securities gaming analyst Harry Curtis told Wynn he was giving him the (Caesars Entertainment Corporation Chairman) Gary Loveman prize for vocabulary.

“I am not sure I like Gary Loveman,” Wynn said. “It’s all the same to you. But I’d like to have the Sheldon Adelson. If I have a choice, I will take the Sheldon Adelson prize.”

Later, when UBS Securities gaming analyst Robin Farley asked about the mix of mass market and VIP gaming tables in Macau, Wynn responded, “Why do you care about that?”

Wynn handled the conference call from Macau at 8:30 p.m. (5:30 a.m. Las Vegas time).

Maybe he was a little jet-lagged.
Wynn's verbal gems can spice earnings calls is republished from Online.CasinoCity.com.