Wynn Macau Ltd
01128: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?.< | LOCK|Qp@< | LOCK|Lx%^v@ |
Wynn Macau Earnings: Results Largely In Line; Lowering Valuation by 8% on Intense Competition
Helped by a slightly higher win rate, Wynn Macau's gross gaming revenue and adjusted EBITDA increased by 6% and 11% from the previous quarter, reaching USD 927 million and USD 293 million, respectively. This implies a sequential improvement in GGR market share to 12.9% from 12.8%.
