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Wynn leans on Macau strength as UAE project faces delay, cost rise
['Nadia Shaw', 'More Author']
MACAU DAILY TIMES 澳門每日時報
In Macau, the casino operator generated $297 million in adjusted property EBITDAR on $1 billion in operating revenue, with a margin of 29.6%.
Adjusted property EBITDAR rose to $562.4 million from $532.9 million.
In Macau, Wynn Palace reported operating revenue of $653.4 million, up 21.1% from a year earlier, while adjusted property EBITDAR increased to $201.5 million from $157.2 million.
Wynn Al MarjanOn the UAE side, Wynn said construction at Wynn Al Marjan Island is moving forward, but regional conflict has disrupted supply chains, shipping insurance and logistics.
Wynn Las Vegas posted adjusted property EBITDAR of $215.2 million, while Encore Boston Harbor delivered $56.1 million.