Casino operator Wynn beats fourth-quarter estimates on strength in Las Vegas business
Friday 14 de February 2025 / 12:00
⏱ 1 min read
(Las Vegas).- Casino operator Wynn Resorts beat analysts' estimates for fourth-quarter profit and revenue on Thursday, driven by strong business in Las Vegas and other regional properties, sending its shares up about 3% in extended trading.
Peer MGM Resorts International also beat quarterly estimates earlier this week, aided by robust bookings across its properties.
Wynn saw operating revenue from Las Vegas rise to $699.5 million during the quarter, compared with $696.8 million a year ago.
The company — which operates Wynn Palace and Wynn Macau properties — posted a nearly 6% dip in operating revenue from Macau to $363.7 million.
The casino operator's total quarterly operating revenue came in at $1.84 billion, compared with analysts' average estimate of $1.77 billion, according to data compiled by LSEG.
Adjusted profit per share was at $2.42, also ahead of the estimate of $1.22.
Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter.
Categoría:Gaming
Tags: Sin tags
País: United States
Región: North America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
