07-05-2025
Wynn Resorts Delays Hotel Remodeling Due to Tariff Concerns
Wynn Resorts Ltd. is delaying $375 million in capital improvement projects, including a remodeling of its Encore hotel tower in Las Vegas, due to the impact of tariffs.
Craig Billings, chief executive officer of the hotel and casino company, cited furniture and fixtures coming from countries that have been hit by tariffs imposed by President Donald Trump. Finding and evaluating new vendors will take time, he said.
