At this time, I would like to welcome everyone to the Second Quarter 2017 Earnings Conference And in a way that is measurable and people can understand. At the same time, every two weeks as we're putting out a release, we're going to make our product better and better and make it befitting of Wynn standards, and we think that, that will drive an outsized customer lifetime value. Wynn Resorts (WYNN) Q3 2020 Earnings Call Transcript. We've seen that in a lot of surveys that have happened out there. Adding to the good news, its $40 average price target puts the upside potential at ~32%. So focusing on the higher end in the premium segment, which is where we are, I think will actually be an advantage in terms of our EBITDA and EBITDA share in the market. On the interactive side, there's a lot of discussion about how competitive the New Jersey market is, having operated there for a little while, and Craig and the team, the XP Wynn team having operated in Europe. And then, Craig, my follow-up question is on Wynn interactive. So we would anticipate that, as everyone else is, that progress will continue in terms of reopening the borders in a cautious way, resuming tourism in a cautious way. Based on the data and based on the science and the potential community spread that we were seeing. Sure. So we're really focused on maintaining our liquidity right now. We have proximity to China. Latest Earnings Call / Transcript of Wynn Resorts Ltd (WYNN) Wynn Resorts EPS misses by $1.23, misses on revenue. Our top line market share will likely might not get quite back to 2019 just because the junket business will unlikely get back to where it was in 2019. So we will be rolling out this product in the various markets where we have access, and it's something that we have a lot of focus on. We have 150 people inside Wynn Interactive and we've begun our U.S. rollout. Stephen Grambling -- Goldman Sachs -- Analyst. The government of Massachusetts has done a terrific job, throughout all of this, managing this from Governor Baker to the Massachusetts Gaming Commission. In Macau, where we drew down our revolving credit facility in February, we had approximately $1.8 billion of available liquidity as of April 30. So the way that we're going, we think that we'll have more than half of the total addressable market through market access deals under way and in Wynn Interactive and in fairly short order. The bond market has been a barren field for income, as fixed-income yields remain stuck at historic lows. Brian, do you have anything to add to that?Brian GullbrantsNo. But I think when Las Vegas probably was the most profitable integrated resort Casino on the strip or if not the most, it was definitely at the top of the list. Our next question comes from Felicia Hendrix from Barclay. And our team has really learned how to be a super regional operator. We also knew, during that time, they -- asking our 30,000 employees, team members, 15,000 of them in North America and 15,000 in Macau, that a pandemic is upon us, that we're closing our resorts. Zacks. Two questions. And so we have the -- we think we have the ability to do that to the extent that we need to. And if you look at what's happening in Texas right now, with the various food and beverage outlets, if you look at what's happening on the beaches in Southern California, we're going to have a very safe environment, but we will have an environment that I think a lot of people want to come participate in. Earnings call. So I think that's a big deal. The street was anticipating revenue of $1.6 billion and adjusted earnings of $1.44 per share. -------------------------------------------------------------------------------- Operator [25] -------------------------------------------------------------------------------- Our next question is from Shaun Kelley with Bank of America. It's currently till May 31. This is down from approximately $3 million in Q4 '19. In the U.S., both properties Q3 opex was pretty consistent from reopening through October, once you adjust for those accrual reversals that I mentioned. But their medical community has handled it really as good as has been handled around the globe and should be commended. As more LDTs are developed, we anticipate that adoption for Saphyr should increase, driving revenue for Bionano.”While the accreditation is the first of its kind in the U.S., in Europe, whole genome clinical tests are already in progress across several applications including inherited genetic disorders and leukemia.The news followed the recent publication of an article which further highlighted Saphyr’s qualities. Thank you. The following Wynn Resorts conference call took place on October 15, 2015, 04:30 PM ET. We've crafted, with our medical community here in Nevada, benchmarks based on disease growth, which is a case growth coupled with hospitalizations and deaths. People are just focused on trying to do what they can and watch the market come back. Lastly, I'll quickly note that our reported EBITDA for our U.S. properties in the first quarter was negatively impacted by a $75.7 million accrual associated with our commitment to pay our domestic team members' full wages and benefits after quarter end from April 1 through May 15. And that's where we are and feel very good that while currently, Wynn interactive does roughly $20 million in revenue. We understand trading. At long last, the annus horribilus 2020 is coming to an end, and it’s time to get our portfolios in order for the new year ahead. Matt, as you see kind of Macau starting to ramp up and shape up, obviously, and you guys mentioned it in your remarks, the premium mass performance has kind of picked up through October. Similar to Las Vegas, we made a number of operating and staffing adjustments, resulting in daily opex down from Q4 2019 by approximately 40% to approximately $750,000 per day in 3Q, 2020. I think that on the supply side, that in the early days, I don't think not a lot is going to reopen, in my opinion. So we're just seeing more business. Sure. Great. And welcome to the GAN Limited Quarter Three 2020 Financial Results. And the convention business traditionally was about 30%. And it was really — there was just not a whole lot going on. And then second, but perhaps related in some ways, how is your thought process on the right capital structure specific to the right leverage levels of amount of liquidity evolve if we think longer term, given this experience? And then how do we develop the land that we have around those over the longer period of time. And are you anticipating lending more to junkets and directly to VIP players? So as an example, in the month of August in Macau, our EBITDA line was negative $40 million because there's very low revenue, and we are carrying our cost. That number is going to grow at an exponential rate as we move forward. With that, we'll now open up the call to Q&A. At the onset of the outbreak of the virus in both Asia and the U.S., we took immediate and decisive action to bolster our global liquidity position, maximize our financial flexibility and preserve cash. There wasn't a lot to talk about. So we went from 10% of our normal visitor volumes, up to almost 30%. We suggested to the Massachusetts Gaming Commission in mid-March that it was time for us to close. (To watch Bracelin’s track record, click here)Overall, there are 9 recent reviews on record for ZoomInfo and all are Buys – making the analyst consensus rating a unanimous Strong Buy. Thank you. Ichor’s systems are also used in the manufacture of LED displays, biomedical equipment, and alternative energy sources.Specialized manufacturing can be a solidly profitable niche, especially when a company is building parts and tools necessary to top-line industries. So quietly, but we can talk about it. We have a tremendous brand. Sure. We remain focused on cost discipline in Las Vegas with our opex per day, excluding gaming taxes and excluding the reversal of those performance-based incentive accruals decreasing to $1.8 million per day in Q3 2020 from $3 million per day in Q4, 2019. -------------------------------------------------------------------------------- Craig Scott Billings, Wynn Resorts, Limited - President, CFO & Treasurer [4] -------------------------------------------------------------------------------- And Carlo, I would just add to that. Q4 2019 Wynn Resorts Ltd Earnings Call LAS VEGAS Feb 24, 2020 (Thomson StreetEvents) -- Edited Transcript of Wynn Resorts Ltd earnings conference call or presentation Thursday, February 6, 2020 at 9:30:00pm GMT TEXT version of Transcript ===== Corporate Participants ===== * Craig Scott Billings Wynn Resorts, Limited - President, CFO & Treasurer * Ian Michael Coughlan Wynn Resorts, … What we're going to do is we're going to have a much lower operating expense. June 4, 2020. Do you want to follow your friend? I just wanted to kind of think through the segments? So that's been my focus is to really make sure that we're doing this as a family and to think about the future because you can quickly disrupt a culture that takes years and years to build. That's never been our business. But with $3.4 billion on the balance sheet and really being a peak burn now, I don't anticipate we'll need to do that. And their user acquisition cost in the U.K. and their LTVs were quite attractive relative to industry standards. We're working closely with the state officials and the gaming control board here. I will now turn the call over to Matt Maddox. -------------------------------------------------------------------------------- Matthew Ode Maddox, Wynn Resorts, Limited - CEO & Director [11] -------------------------------------------------------------------------------- So Joe, we're obviously in very close contact with the large junkets there. And obviously, you're positioned very much at the premium end, but you have to be impacted by what else is going on in the market. Wynn Resorts (WYNN) Reports Q3 Loss, Misses Revenue Estimates. Just looking at the results, high level, before our closure in Las Vegas, RevPAR was up 8%. Your line is open. -------------------------------------------------------------------------------- Matthew Ode Maddox, Wynn Resorts, Limited - CEO & Director [13] -------------------------------------------------------------------------------- And Ian, I think just to clarify. I mean we do see demand, and we see the leisure market coming back, the drive in market for sure, the casino customers, the value-oriented ones. I would now turn the line over to Craig Billings, president and chief financial officer. -------------------------------------------------------------------------------- Craig Scott Billings, Wynn Resorts, Limited - President, CFO & Treasurer [6] -------------------------------------------------------------------------------- Yes. Clearly, it's changing. The system is being set up and now they're trialing it. And you also mentioned, Matt, testing in Vegas, what about -- are you testing your employees in Macau as well? 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