Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023
Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$910.6 million reportedly reached by Wynn Macau Ltd in the fourth quarter of 2023 represent a 378.5% increase over the same period in 2022 and testify about the recovery.
The company’s report indicating that the Q4 figure stands for an 11.1% increase over the preceding quarter additionally clears the Covid-19 case. As reported by GGRAsia, Wynn Macau Ltd filings to Hong Kong Stock Exchange referred to its two operations, Wynn Palace resort and Wynn Macau resort. Wynn Macau Ltd is a vertical of the US-based casino developer Wynn Resorts Ltd.
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