Any investor who thought Wynn Resorts (NASDAQ: WYNN) was going to open Wynn Palace in Macau and have it begin racking in the cash like a decade-old property was sorely mistaken. Wynn just reported its first quarter that included the new property — albeit with only 40 days of operations — and the results fell a little short of expectations. But it’ll take time for new resorts to ramp up, and for good reason.
