Overview

• Wynn Resorts reported $1.84 billion in fourth-quarter operating revenue, surpassing analyst expectations of $1.77 billion.
• Wynn's Las Vegas revenue rose slightly to $699.5 million, while Macau operations saw a 6% decline to $363.7 million.
• MGM Resorts' Chinese operations grew 4% year-over-year, contributing to a total revenue of $4.35 billion, also exceeding forecasts.
• MGM's digital revenue increased by 15%, and its sports betting platform, BetMGM, is projected to achieve profitability in 2025.
• MGM shares surged nearly 15%, leading the S&P 500 gainers, while Wynn's stock rose 3% in extended trading.