{"id":777011018,"date":"2023-11-10T04:29:25","date_gmt":"2023-11-10T07:29:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011018"},"modified":"2026-04-22T16:18:54","modified_gmt":"2026-04-22T19:18:54","slug":"wynn-macau-reports-total-operating-revenues-of-us819-8m-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-reports-total-operating-revenues-of-us819-8m-for-q3","title":{"rendered":"Wynn Macau reports operating revenues of US$819.8m for Q3"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Operating revenues were up 6.5 per cent from the preceding quarter.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.-\u00a0<strong>Wynn Macau <\/strong>has shared its financial results for the third quarter. The casino operator posted operating revenue of US$819.8m, up 6.5 per cent\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-reports-us127-5m-income-for-q2\" target=\"_blank\">in quarter-on-quarter terms<\/a>\u00a0and up 609.2 per cent when compared to last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company posted US$254.9m in adjusted property EBITDAR (adjusted earnings before interest, taxation, depreciation, amortisation and rent). It reported a net loss attributable to owners of US$6.2m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Operating revenues from <strong>Wynn Palace<\/strong> were US$524.8m, up 12 per cent quarter-on-quarter. Adjusted property EBITDAR was $177.0m. Casino revenue was up 14.4 percent quarter-on-quarter, to US$418.0m. The result was driven by a 31.5 sequential increase in mass-market table games win, to US$402.3m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Operating revenues from<strong> Wynn Macau<\/strong> were US$295m, down 2.2 per cent when compared to the previous quarter. Adjusted property EBITDAR was US$77.9m. Casino revenue declined 5.2 per cent sequentially, to US$230.3m, despite a 5.5 per cent increase in mass-market table games win.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wynn Resorts CEO,\u00a0<strong>Craig Billings<\/strong>, stated: \u201cIn Macau, the recovery continued to progress during the quarter, with particular strength in our mass gaming, luxury retail and hotel businesses.\u00a0On the development front, construction on Wynn Al Marjan Island is well underway, and we are confident the resort will be\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/uae-considers-granting-a-casino-licence-for-each-emirate\" target=\"_blank\">a \u2018must see\u2019 tourism destination in the UAE<\/a>.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operating revenues were up 6.5 per cent from the preceding quarter.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Wynn Macau reported Q3 operating revenue of US$819.8m, a 6.5% quarter-on-quarter increase, driven by strong performance at Wynn Palace, particularly in mass-market table games. Despite a net loss of US$6.2m, the company's CEO highlighted continued recovery in Macau and progress on the Wynn Al Marjan Island development in the UAE.","focusai_entities":"Wynn Macau, Wynn Palace, Wynn Resorts, Craig Billings, Wynn Al Marjan Island","focusai_location":"Macau, UAE","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Mass-Market Growth","query":"What specific operational or marketing initiatives drove the significant sequential increase in mass-market table games win at Wynn Palace, and how sustainable is this growth trajectory given broader macroeconomic factors in Macau?"},{"label":"UAE Development Impact","query":"How will the capital expenditure and projected operational timeline for Wynn Al Marjan Island impact Wynn Resorts' consolidated financial outlook and market positioning, particularly concerning its long-term debt structure and regional competitive landscape?"}],"footnotes":""},"categories":[16338,163],"tags":[23907,23906,20777],"class_list":["post-777011018","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-finance-news","tag-land-based-casino","tag-macau-casinos","tag-wynn-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777011018"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011018\/revisions"}],"predecessor-version":[{"id":777040985,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011018\/revisions\/777040985"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}