A similar situation was observed in the entire land-based casino market. In the midst of the crisis, management of Wynn Resorts even gave up all or part of their salaries in order to provide all employees with a salary for a while.
But Disney has proven to be more crisis resilient through diversification. The company had branches that continued to work and compensated for some of the losses. While Wynn Resorts is completely dependent on the gambling industry, times fell on hard when it was completely cut off from working.
Next year, analysts expect Wynn Resorts’ revenues to more than double, compared to Disney’s just 10%. Despite more positive outlooks for next year, Wynn Resorts is currently underperforming Disney in terms of attractiveness.