Wynn Macau H1 net profit up 10.7 pct to HK$3.7 bln

2013-8-23

From：Macau Business

Wynn Macau Ltd’s first-half net profit was HK$3.7 billion (US$477 million) this year, 10.7 percent more than a year earlier.

Wynn Macau told the Hong Kong Stock Exchange today that its first-half adjusted net earnings before interest, tax, depreciation and amortisation had risen to HK$4.14 billion from HK$3.92 billion.

Revenue from casino operations rose by 3.2 percent to HK$14 billion.

The company cut its numbers of slot machines by 55, VIP tables by five, mass-market tables by two and poker tables by one in the past 12 months.

The board declared an interim dividend of HK$0.50 a share.

Meanwhile, Wynn Macau’s parent company, Wynn Resorts Ltd, has applied for an Internet gaming licence in New Jersey.

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