Tag: Macau Wynn Resorts
Macau business boosts Wynn Resorts revenue
February 7, 2014
iGaming Business – Hotels and casino firm Wynn Resorts has cited the success of its business in Macau as the main reason behind a year-on-year jump in revenue during the year ended December 31, 2013. The firm posted net revenue of $5.6 billion (€4.1 billion) for 2013, an increase of 9.1% on the $5.2 billion recorded in the previous year. Wynn’s performance in the Macau market contributed significantly towards its success last year, with adjusted property earnings before interest, tax, depreciation and amortisation at Wynn Macau increasing by 13.4% to $1.3 billion. In comparison, the Wynn Las Vegas recorded much…