Advertisement
Singapore markets closed

  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     

  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     

  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Bitcoin USD

    63,399.32
    +703.42 (+1.12%)
     

  • CMC Crypto 200

    1,314.45
    +37.47 (+2.93%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • Dow

    38,675.68
    +450.02 (+1.18%)
     

  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     

  • Gold

    2,310.10
    +0.50 (+0.02%)
     

  • Crude Oil

    77.99
    -0.96 (-1.22%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     

  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     

  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

BUZZ-HK's Wynn Macau falls as Q1 profit misses estimate

Reuters

** Shares in Macau casino Wynn Macau slide as much as 5.3 pct as investors lock in profit after first-quarter earnings came in slightly short of forecast

** Weaker-than expected VIP revenues dampen earnings for Wynn Resorts, which controls the Macau unit

** Executives say Wynn is committed to the future in Macau and is focusing on reinvesting $100 million on its existing Peninsula property

** The company is also looking to potentially cooperate with shareholder Galaxy Entertainment for international jurisdictions

(Reporting by Farah Master)