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Tough Q3 for Wynn Resorts after Macau and Las Vegas declines

19th October 2015 6:46 am GMT

Casino operator Wynn Resorts has reported a 27 per cent drop in net revenue to $996.3m for the third quarter of 2015, following declines in both its Macau and Las Vegas-based operations.

In Macau, net revenue fell 38 per cent to $585.1m, with table games turnover in the VIP segment decreasing by 51 per cent to $12.2bn. The average number of VIP tables fell to 228 units in Q3, from 251 units in the comparable period [...]

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