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Wynn Resorts revenue falls below $1bn mark in Q1 2016

9th May 2016 7:23 am GMT

Despite an improved performance in its home market of Las Vegas, casino operator Wynn Resorts has reported an 8.7 per cent decline in first quarter revenue to $997.7m, as a result of the continued decline of its Macau operations.

Revenue for the quarter fell below $1bn to $997.7m, largely resulting from a 13.8 per cent drop in Macau revenue, which was down to $608.2m.

Table games turnover in the VIP segment decreased by 21.4 per cent year-on-year to $13.47bn with [...]

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