Wynn Resorts Macau published a net revenue report that reveals a drastic drop of 27% for the fourth quarter of 2015. The total amount the operator generated is $555.7 million, whereas during the same period in 2014 the revenue reached much higher at $761.2 million.

The company’s total net revenue declined as well; in 2014 the last three months of the year earned Wynn Resorts $1.1 billion, while this year the operator scooped $946.9 million. The group noted a decrease in net profit and EBITDA as well. The first one fell from $122.4 million to $104.1 million and the latter one dropped for almost 44% (43.7%).

Wynn Resorts included the numbers in a filing to the Hong Kong stock exchange and revealed decline in almost every segment of operations. VIP table games turnover went down for 36.9% y-o-y; in 2014 the sector was $20.7 billion and it dropped at $13 billion the following year; this resulted with a decrease in the average number of VIP tables from 244 to 192. Mass market tables noted a drop of 10.9% compared to the same period in 2014. A fall of 8.2% to $228.6 million was seen in the mass market table games win too. The Macau property owned by Wynn Resorts recorded total non-casino revenues lower for 21.2% (to $75.6 million) during the last quarter of 2015.

The gaming group had a tough year overall; net revenue for 2015 noted a drop of 25% from $5.433 million in 2014 to $4.07 million last year. Wynn’s Group adjusted EBITDA declined for 33.1% in 2015 and settled at $1.18 million.

Nonetheless, Steve Wynn’s company shares jumped for more than 3% on Friday, reaching HK$7.75 per stock. Wynn Resorts announced that the group has approved a cash dividend for the quarter in question of 50 cents per share, which will be payable on 2nd of March, 2016.

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