Wynn Palace lifts operator’s Q4 revenue

Wynn Resorts, Limited reported an operating revenue of $1.69 billion in the fourth quarter last year, 4.0% higher than the same period in the previous year.

Casino operations made up $1.22 billion of this, and was 3.7% higher year on year.

The operator’s Wynn Palace in Macau contributed the most to revenue, with $740.6 million, increasing 12.8% from the fourth quarter of 2017. This is in spite of VIP table games turnover roughly the same year on year, at $16.16 billion. Mass-market table drop in the casino increased 15.6%, to $1.30 billion.

Las Vegas operating revenue was $393.6 million, increasing 3.1% year on year, with table drop up 18.0% to $508.5 million.