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Macau struggles continue but Las Vegas operations boost Wynn in Q4

12th February 2016 12:08 pm GMT

Casino operator Wynn Resorts has reported a 25 per cent drop in net revenue to $4.08bn for the full 2015 year, with results significantly impacted by continued struggles from its Macau operations.

For the final quarter of the year, net revenue came in ahead of analysts’ estimates as growth in Las Vegas helped partially offset the company’s continued decline in Macau.

Net revenue for the quarter was down 17 per cent to $946.9m, with net revenue in [...]

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