Wynn casino shares have taken a dive of 11 percent after a very disappointing result in the last quarter. Income dropped by 33 percent in the last quarter and shareholders reacted by dumping the share which led to a fall in the share price. It’s quarter income was posted at $34.2 million which was down from last year’s effort of $51.2 million.

Although the share price has been dropped, the company still remains very optimistic of its earnings. Macau has performed very well for the company in the recent months and with it’s raising of $1.63 billion in the Hong Kong Stock Exchange, Wynn looks forward to adding a new resort on the Cotai strip to it’s portfolio. The shares of Wynn Las Vegas closed down $6.94 at $56.13 on the Nasdaq.

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