Wynn CEO: Encore spending levels will decline

Daily operating cost of hotel/casino estimated at $1.45m

THE CHIEF EXECUTIVE of Wynn Resorts signaled on Wednesday that the company needs to rein in costs at the Encore Boston Harbor in Everett, with the casino and hotel reporting a nearly $41.7 million operating loss for the three-month period ending September 30. During a conference call with financial analysts after the release of the(...)

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