Improvements in the performance of Wynn Resorts’ Macau and Las Vegas operations ensured the casino operator recorded an increase in revenue during the first three months of the year.

Wynn

Steve Wynn’s company reported net revenues of $1.37bn in the first quarter of 2013, compared with $1.3bn during the same period last year.

This was attributed to a 4.4 per cent increase in revenues in Macau and a 6.6 per cent increase in Las Vegas. EBITDA, meanwhile, was up 15.5 per cent to $451.1m.