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home / news releases / lady luck smiles on wynn macau with surging gaming r

WYNMF - Lady Luck Smiles On Wynn Macau With Surging Gaming Recovery

Wynn Macau Ltd.

2024-03-05 13:00:00 ET

Summary

  • Wynn Macau’s revenue rose more than fourfold last year to $3.1 billion, driven by a post-pandemic rebound that boosted its gaming, hotel and restaurant businesses.
  • The casino resort operator’s strong performance among mainstream visitors offset declines for its VIP business, giving it a more balanced mix.
  • Sands China is not cheap, while MGM China’s lower figure means its stock may have more upside potential than Wynn Macau.

The casino operator was a major beneficiary of the city's post-pandemic rebound, and is likely to further pare its debt load amid a sustained recovery this year. ...

For further details see:

Lady Luck Smiles On Wynn Macau With Surging Gaming Recovery
Stock Information
Company Name: Wynn Macau Ltd.
Stock Symbol: WYNMF
Market: OTC
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