Wynn Resorts saw income climb significantly in the third quarter, as revenues at its properties in Las Vegas and Macau improved.
Overall net revenues for the three months to September 30 stood at $1.3bn, up from $1bn in the third quarter of 2010. This, the company said, was largely driven by a 41.7 per cent increase in revenues at Wynn Macau. Wynn Las Vegas experienced a 3.7 per cent upturn in revenues.
Adjusted property EBITDA was $381.1m, 38.8 per cent above the $274.5m recorded a year earlier.
The company’s adjusted net income, meanwhile, was $132.6m, comparing favourably to the $48.7m achieved in the same period last year.
