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Shares of Wynn Resorts (NASDAQ: WYNN) have been risky for many of 2019 primarily because of the firm’s excessive publicity to the Macau Gaming Market. The continuing demonstrations in Hong Kong and elevated regulatory oversight on junket operators have impacted Macau’s total enterprise outlook. Trefis analyzes the importance of Macau’s VIP gaming segment for Wynn Resorts in an interactive dashboard and finds that this phase contributes practically 40% of the corporate’s on line casino revenues.
A Fast Have a look at Wynn Resorts’ Revenue
Wynn reported $6.7 billion in Complete Revenues for full-year 2018. This included 4 income streams:
- On line casino: $4.eight billion in FY2018 (72% of Complete Revenues). This phase contains earnings from regulated playing actions at Wynn properties. Macau and Las Vegas properties contribute 90% and 10% of the on line casino revenues, respectively.
- Rooms: $752 million in FY2018 (11% of Complete Revenues). This phase contains earnings from guests/vacationers who lodge in Wynn properties. Macau and Las Vegas properties contribute 35% and 65% of…