Wynn Macau Ltd

01128: XHKG (HKG)
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Wynn Macau Earnings: 8% Valuation Cut on Near-Term Weakness; New Projects Strengthen Growth Outlook

Wynn Macau's third-quarter gross gaming revenue fell 10% and adjusted property EBITDAR fell 14% quarter on quarter. The company's market share declined by 1.3 percentage points, while adjusted property EBITDAR margin compressed by 1.8 percentage points.

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