Wynn Macau Profit Beats Estimates on Mass Market Revenue
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Wynn Macau Ltd. reported first-quarter profit that beat analyst estimates as billionaire Steve Wynn’s casino drew more premium mass-market customers in the world’s largest gambling hub. The stock climbed.
Wynn Macau rose 4.1 percent to HK$31.80, the biggest gain since April 1, at the close in Hong Kong trading. The city’s benchmark Hang Seng Index rose 0.6 percent.