{"id":446,"date":"2025-05-07T10:41:31","date_gmt":"2025-05-07T10:41:31","guid":{"rendered":"http:\/\/www.masteringphsyics.com\/?p=446"},"modified":"2025-05-07T13:18:22","modified_gmt":"2025-05-07T13:18:22","slug":"wynn-resorts-shelves-375m-in-las-vegas-renovations-due-to-tariff-related-rising-costs","status":"publish","type":"post","link":"http:\/\/www.masteringphsyics.com\/index.php\/2025\/05\/07\/wynn-resorts-shelves-375m-in-las-vegas-renovations-due-to-tariff-related-rising-costs\/","title":{"rendered":"Wynn Resorts Shelves $375m in Las Vegas Renovations Due to Tariff-Related Rising Costs"},"content":{"rendered":"<p>The post <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2025\/05\/07\/wynn-resorts-shelves-375m-in-las-vegas-renovations-due-to-tariff-related-rising-costs\/\">Wynn Resorts Shelves $375m in Las Vegas Renovations Due to Tariff-Related Rising Costs<\/a> appeared first on <a href=\"https:\/\/www.vegasslotsonline.com\/news\">Vegas Slots Online News<\/a>.<\/p>\n<div style=\"margin-top: 0px;margin-bottom: 0px\" class=\"sharethis-inline-share-buttons\"><\/div>\n<p>Wynn Resorts has decided to not proceed with $200m worth of renovations to the Encore Las Vegas as a result of the rising costs of materials off the back of President Donald Trump\u2019s tariff war. This includes the price of furniture, equipment, and fixtures.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>will re-source and re-spec all the work to ensure that they get the best prices possible<\/p>\n<\/blockquote>\n<p>The company\u2019s CEO Craig Billings revealed the news during the first-quarter earnings call, saying that capital expenditure projects totaling $375m in Las Vegas will be halted until \u201ctariff rates have settled.\u201d Then the firm will re-source and re-spec all the work to ensure that they get the best prices possible for the \u201cmost severely affected items.\u201d<\/p>\n<p>While the main work centers around remodeling the Encore tower, other projects in the pipeline include expanding the high-limit gambling area for table games, work on the Golf Course Club House &amp; Grill, and the Zero Bond club.<\/p>\n<p>When trying to provide a timeline as to when the work might take place, Wynn Resorts Chief Financial Officer Julie Cameron-Doe said that rescheduling won\u2019t be an easy task in the current economic environment and that re-specing is a lengthy process.<\/p>\n<p>Economic uncertainty has had an impact on the company\u2019s bottom line, with first-quarter revenue in Las Vegas falling $11.3m year-on-year to $625m as visitor numbers have fallen.<\/p>\n<p>The post <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2025\/05\/07\/wynn-resorts-shelves-375m-in-las-vegas-renovations-due-to-tariff-related-rising-costs\/\">Wynn Resorts Shelves $375m in Las Vegas Renovations Due to Tariff-Related Rising Costs<\/a> appeared first on <a href=\"https:\/\/www.vegasslotsonline.com\/news\">Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The post Wynn Resorts Shelves $375m in Las Vegas Renovations Due to Tariff-Related Rising Costs appeared first on Vegas Slots Online News. Wynn Resorts has decided to not proceed with $200m worth of renovations to the Encore Las Vegas as a result of the rising costs of materials off the back of President Donald Trump\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino"],"_links":{"self":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/comments?post=446"}],"version-history":[{"count":1,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/446\/revisions"}],"predecessor-version":[{"id":447,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/446\/revisions\/447"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/media\/324"}],"wp:attachment":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/media?parent=446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/categories?post=446"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/tags?post=446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}