Wynn Resorts reported yesterday huge year-on-year revenue growth for its two casino-hotel resorts in Macau in the second quarter.
According to a statement by the US gaming operator, operating revenues at Wynn Palace in Cotai grew to US$270.4 million in the second quarter, an increase of US$261.7 million from US$8.7 million for the same quarter of 2020.
Operating revenues at Wynn Macau in Nape were US$184.0 million for the second quarter of this year, an increase of US$172.1 million from US$11.9 million for the same quarter of 2020.
The statement quoted Matt Maddox, CEO of Wynn Resorts, as saying that “while there have been some fits and starts along the road to recovery in Macau, we were encouraged by the strong demand we experienced during the May holiday period, particularly in our premium mass casino and luxury retail segments.”
This undated photo provided by Wynn Resorts shows Wing Lei Palace Chinese restaurant at Wynn Palace in Cotai.