Xin Lang Cai Jing·2025-11-07 07:25Core Insights - Wynn Macau Limited reported strong financial results for its Macau operations in Q3 2024, with total operating revenue of approximately $1.001 billion, a year-on-year increase of 14.79% [2] - The EBITDA for the Macau operations reached approximately $308 million, reflecting a year-on-year growth of 17.27% [2] - The increase in operating revenue was primarily driven by a rise in gaming volume in Wynn Macau [2] Financial Performance - Total operating revenue from Wynn Palace was approximately $635.5 million, up 22.26% year-on-year, while EBITDA was about $200.3 million, increasing by 23.41% [2] - Wynn Macau's operating revenue for the third quarter was approximately $365.5 million, showing a year-on-year growth of 3.84% [2] - Total gaming revenue from Wynn Palace was approximately $542 million, reflecting a year-on-year increase of 29.8%, while Wynn Macau's gaming revenue was about $314 million, up 6% [3] Non-Gaming Revenue - Non-gaming revenue from Wynn Palace saw a decline in total room revenue, which was approximately $27.4 million, down 23.9% year-on-year [3] - The average daily rate (ADR) for Wynn Palace was $221, a decrease of 25.08%, and the revenue per available room (RevPAR) was $217, down 24.91% [3] - Wynn Macau's total room revenue was approximately $21.1 million, a decrease of 11%, with an ADR of $207, down 11.16%, and a RevPAR of $205, down 10.87% [3] Other Business Segments - Wynn Palace's food and beverage revenue was approximately $33.3 million, an increase of 5.7% year-on-year, while entertainment, retail, and other revenues were about $22.3 million, up 5.9% [3] - Wynn Macau's food and beverage revenue was approximately $17.3 million, down 11.2%, while entertainment, retail, and other revenues were about $12.5 million, increasing by 5.3% [3] Market Performance - As of November 7, Wynn Macau's stock closed at HKD 6.52 per share, down 1.81% [4]