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Name | Symbol | Market | Type |
---|---|---|---|
Wynn Macau Limited (PK) | USOTC:WYNMY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.17 | -2.23% | 7.47 | 7.30 | 7.55 | 7.79 | 7.40 | 7.65 | 25,945 | 21:01:17 |
By Anjie Zheng
HONG KONG--A protracted slowdown in gaming in the Chinese gambling hub of Macau continued to hit Wynn Macau Ltd. (1128.HK), which announced falling casino and room revenues in 2015.
The Macau arm of Wynn Resorts Ltd. (WYNN) said in an exchange statement that 2015 casino revenue in Macau declined by 35.5% from 2014 to US$2.46 billion. VIP revenue declined by 46.4% to US$57.9 billion and room revenue also declined, to US$125.3 million from US$133.8 million in 2014.
Going forward, the Hong Kong-listed company said its business may be adversely affected by Macau's limit on gaming tables and ban on smoking.
Write to Anjie Zheng at anjie.zheng@wsj.com
(END) Dow Jones Newswires
February 29, 2016 20:19 ET (01:19 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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