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Published 12 days ago

Wynn Resorts quarterly results beat estimates on strength in Macau business

Summary by WTVB
(Reuters) – Wynn Resorts on Tuesday beat Wall Street estimates for first-quarter profit as strength in gaming, luxury retail and hotel bookings drove steady demand at its Macau properties. Shares of the casino operator were up 2.5% in extended trading. The post-pandemic rebound in travel to casino hubs such as Las Vegas and Macau has been a tailwind for operators such as Wynn. “The strong momentum we experienced in our business throughout 20…

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