Casino operator Wynn beats fourth-quarter estimates on strength in Las Vegas business
Friday 14 de February 2025 / 12:00
2 minutos de lectura
(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
ICE Barcelona 2026
19 de January 2026
Rocío Moitino, from QTech Games: “ICE Barcelona 2026 Was a Strongly Business-Driven Event with a Clear Focus on LATAM”
(Barcelona, SoloAzar Exclusive).- Rocío Moitino, Sales Director for Latin America at QTech Games, the leading game distributor for emerging markets, reviews her experience at ICE Barcelona 2026, the main industry trends, and the company’s strategic priorities for this year.
Monday 02 Feb 2026 / 12:00
NOVOMATIC showcases groundbreaking innovations at ICE 2026
(Gumpoldskirchen/Barcelona).- From January 19–21, ICE Barcelona once again served as the industry’s global epicenter. NOVOMATIC used its expansive 4,500 m² booth to bring its complete 360-degree offering to life, featuring the newest innovations in gaming tech and integrated systems.
Tuesday 03 Feb 2026 / 12:00
Rethinking Pre-Exhibition Strategy: What Timeless Passion Tested Ahead of ICE Barcelona
(Lisbon).- Across Latin American iGaming markets, strategic conversations have increasingly shifted toward stability, optimisation, and long-term frameworks. Major exhibitions remain central to industry visibility, yet the formats surrounding them are quietly evolving.
Monday 02 Feb 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.