Summary by Moomoo AI
Wynn Macau Limited (the “Company”) announces that its controlling shareholder Wynn Resorts, Limited has published on February 23, 2024 its annual report for the fiscal year ended December 31, 2023. The report is prepared in accordance with U.S. accepted accounting principles and is available on the U.S. Securities and Exchange Commission website. The report showed that due to the cancellation of COVID-19 related protective measures between December 2022 and January 2023, the Macao authorities increased business volume at Wynn Macau and Wynn Palace, bringing annual gambling revenue in 2023 to $227 billion. In addition, Wynn Macau Corporation Limited signed with the Macao Government stipulates that the company will increase its investment in non-gambling projects by 20% if the gross market revenue reaches MOP1,800 billion, which was triggered...Show More