Business

Market Mover

Wynn’s Macau offsets dip in Vegas revenue

Wynn’s net revenue grew 9.8 percent to $1.51 billion.

Jae C. Hong/Associated Press/File 2006

Wynn’s net revenue grew 9.8 percent to $1.51 billion.

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.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com