Wynn posts higher quarterly profit on boost from Macau casinos
Aug 6 (Reuters) -Wynn Resorts WYNN.O posted a rise in second-quarter profit on Tuesday, as a post-pandemic rebound in travel to casino hubs helped attract a steady stream of visitors to its Macau properties.
Shares of the casino operator were up 3.2% in extended trading.
The company registered the highest share of revenue from Wynn Palace and Wynn Macau, its properties in Macau.
Its board also announced a dividend of 25 cents per share.
Wynn reported operating revenue of $1.73 billion for the quarter ended June 30, up from about $1.60 billion last year.
The company posted a quarterly adjusted per-share profit of $1.12, compared with 91 cents a year earlier.
Reporting by Anandita Mehrotra in Bengaluru; Editing by Mohammed Safi Shamsi
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