Macau gaming operator Wynn Macau has granted 151 employees and executive director Frederic Jean-Luc Luvisutto the option to subscribe for an aggregate of 6,977,787 ordinary shares of HK$0.001 each.

Analysts from JP Morgan indicate that Wynn Macau’s 4Q23 EBITDA margin was near its 10-year highs thanks to 'strong cost control and growth in mass.’

Wynn Macau is the latest to report a salary increase for staff, of up to 6 percent, effective March 1st.

Wynn Macau has granted 346 employees the opportunity to subscribe to an aggregate of 346,000 ordinary shares, each valued at HK$0.001.

In yet another move to invest in the future of Chinese wines and showcase them on a global stage, Wynn is hosting the first-ever Wynn Signature Chinese Wine Awards from March 1 – 5, 2024 at Wynn Palace, with the results to be announced on April 13, 2024.

Wynn Macau has granted five independent non-executive directors the option to subscribe for an aggregate of 5,017,000 ordinary shares of HK$0.001 each.

Deutsche Bank analysts note the weakness in Wynn’s stock price after the announcement of the 3Q23 earnings results, despite mass table drop up some 24 percent compared to pre-COVID levels.

Gaming operator Wynn Macau saw a strong third quarter in 2023, with total operating revenues up 609 percent yearly, to $819.8 million, a 6.5 percent increase over 2Q23.

Mystery and intrigue await at Wynn Macau, which will host its first-ever Hallo Wynn Party by the poolside for two nights on 27 and 28 October.

The multi-million dollar refurbishment of Wynn Macau's peninsula property was completed in 2Q23.