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
GAT EXPO CARTAGENA 2026
24 de March 2026
José Aníbal Aguirre: "GAT Expo Cartagena is today a strategic meeting point for the industry"
(Cartagena de Indias, SoloAzar Exclusive).- In this one-on-one interview, José Aníbal Aguirre, CEO of GAT Events, makes an exhaustive balance after another edition of GAT Expo Cartagena 2026.
Tuesday 07 Apr 2026 / 12:00
Win Systems wraps up a successful presence at GAT Expo Cartagena 2026
(Barcelona).- Global technology provider for the gaming and entertainment industry, Win Systems, successfully concluded its participation at GAT Expo Cartagena 2026, one of the most important events in the Latin American sector. On March 25 and 26, the company turned its Stand A7 into a prominent meeting point for operators, clients, and industry professionals, showcasing its latest technological innovations and gaming solutions.
Monday 06 Apr 2026 / 12:00
GAT Expo Cartagena: The Right Product for Every Client is Novomatic’s main goal, according to Manuel Del Sol
(Cartagena, SoloAzar Exclusive).- NOVOMATIC Gaming Colombia highlighted its latest innovations and strategic vision during GAT Expo Cartagena 2026. In an exclusive interview, CEO Manuel Del Sol discussed the company’s regional expansion, product launches, and commitment to meeting the diverse needs of operators across Latin America.
Monday 06 Apr 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.