Wynn Revenues Up $3M In 2Q 2010
Posted 7/30/2010 - 6:48:08 AM
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LAS VEGAS—As part of Wynn Resorts' financial results for the second quarter ended June 30, 2010, net revenues were $1.0 billion, compared to $723.3 million in the second quarter of 2009, driven by a 74.1% increase in net revenues at Wynn Macau.
Adjusted property EBITDA increased 46.0% to $281.4 million for the second quarter of 2010, compared to $192.7 million in the 2009 comparable period. On a US GAAP basis, net income was $52.4 million compared to a net income of $25.5 million in the second quarter of 2009.