Wynn’s Macau offsets dip in Vegas revenue
Las Vegas-based casino operator Wynn Resorts Ltd. reported impressive first-quarter results that beat both earnings and revenue estimates. Adjusted earnings of $2.32 per share grew 14.3 percent over a year ago. The company attributed the jump in part to solid gambling revenues from its Macau operations, which offset a 1.5 percent decline in casino revenues from Las Vegas. Wynn is currently developing a Wynn Palace Project in Macau, which is slated to open in the first half of 2016.
http://www.bostonglobe.com/business/2014/05/02/wynn-macau-offsets-dip-vegas-revenue/vTFRVTmVQ8TikLcJmPJS0M/story.html
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