Wynn Macau 2Q Net Profit Up 57% on Year

By Chester Yung Features Dow Jones Newswires

Casino operator Wynn Macau Ltd. (1128.HK) said Wednesday its second-quarter net profit rose 57% from a year earlier, due to increase in gambling revenue.

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The unit of Las Vegas-based Wynn Resorts Ltd. (WYNN) said net profit for the three months ended June 30 rose to US$102.6 million from US$65.1 million a year earlier, while its casino revenue rose to US$1.02 billion from US$608.4 million a year earlier.

Write to Chester Yung at chester.yung@wsj.com

(END) Dow Jones Newswires

July 25, 2017 20:38 ET (00:38 GMT)