Wynn Resorts records year-on-year success in H1 2021

| By Marese O'Hagan
Wynn Resorts has reported a revenue of $1.72bn in a profitable half-year for the company, a rise of 66.1% compared to the half-year 2020 results, which were affected by the novel coronavirus (Covid-19) pandemic.

Most revenue was generated by Wynn’s casino operations, which brought in $1.11bn, a sharp increase of 92.8% year-on-year due to the widespread casino closures. Food and beverage brought in the second most revenue at $217.6m, an increase of 25.5% compared to the previous same period. The remaining revenue was made up of rooms and entertainment, retail and other sources.

Wynn Palace in Macau was the operator’s leading property, generating $507.6m in revenue, up from $268.2m in the previous first half. A grand majority of this total, $397.9m, came from casino operations, with the rest comprising of rooms, food and beverage and entertainment revenue.

Read the full story on iGB North America.

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