As one of six casino licenseholders in Macao, Wynn Macau benefits from insatiable Chinese demand for gaming, underpinned by rising per capita disposable income in China. Macao has a penetration ...
However, Casino revenue came in below expectations, with weakness in Wynn Macau offsetting gains in Wynn Palace and Las Vegas. Adjusted property EBITDAR declined slightly as softer results in ...
Casino operator Wynn Macau Ltd reported fourth-quarter operating income of just over US$160.8 million, a 5.3 percent decline from a year earlier. The result was up 12.1 percent sequentially, according ...
The Macau properties of gaming operator Wynn Macau Limited recorded operating revenues of USD 926.6 million in the fourth quarter of 2024, marking a 1.76 per cent year-on-year increase, according to a ...
The company — which operates Wynn Palace and Wynn Macau properties — posted a nearly 6% dip in operating revenue from Macau to $363.7 million. The casino operator's total quarterly operating ...
We recently completed the rollout of digital tables throughout Wynn Palace and Wynn Macau, which will yield OpEx benefits and when coupled with our data science and machine learning capabilities ...
The 62% drop in net income (to $277 million in Q4) can be attributed to the absence of the $474.2 million tax benefit Wynn enjoyed in Q4 of 2023. Macau is undoubtedly the top market for Wynn ...
The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos ...
According to a recent earnings call between Wynn Resorts management and industry analysts, the gaming operator will spend a range of US$250 million to US$300 million in capital expenditure for the ...
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