Growing wealth within Wynn Resorts’ key markets is expected to help bring in new high-rollers to its hotels, its chief executive has said.
Gains within tech and artificial intelligence are leading to “substantial business formation and wealth creation centered in the US, China, and portions of the Middle East”, said CEO Craig Billings, and the casino operator’s Ras Al Khaimah venture in is particular poised to benefit.
“We already have customers that are spending time with us that have had wealth created through everything that is going on with AI,” Billings told investors during a quarterly earnings call on Thursday.
