Wynn Resorts Reports Increased Q2 Profit Despite Revenue Miss

Macau properties drive growth as Wynn continues to expand globally with new projects in the UAE.

Wynn Resorts' Q2 profit rose to $1.12 per share, up from 91 cents last year.
Operating revenue increased to $1.73 billion, primarily driven by Macau casinos.
Shares dipped 0.84% post-earnings due to missing analyst revenue expectations.
The company declared a 25-cent per share dividend, payable on August 30.
Wynn is progressing rapidly on its Wynn Al Marjan Island project in the UAE.