Wynn Resorts reported a mixed fourth quarter, showing improvement in its Macau operations but facing ongoing struggles in its Las Vegas resorts. The gaming operator posted a profit of $100.0 million, or 82 cents per share, which is a decrease compared to the $277.0 million, or $2.29 per share, reported in the same period last year. Sales increased in Macau but declined in Las Vegas and Boston.
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Wynn Resorts Logs Mixed Fourth Quarter on Macau Strength, Las Vegas Challenges
Wynn Resorts reported a mixed fourth quarter, showing improvement in its Macau operations but facing ongoing struggles in its Las Vegas resorts. The gaming operator posted a profit of $100.0 million, or 82 cents per share, which is a decrease compared to the $277.0 million, or $2.29 per share, reported in the same period last year. Sales increased in Macau but declined in Las Vegas and Boston.