Net revenues were up at Wynn Resorts at the end of the third quarter of this year but income was down, the company said.
Revenues stood at $773.1m at the end of September, compared with $769.2m during the corresponding quarter in 2008. Consolidated adjusted EBITDA increased 12.4 per cent to $198.2m for the third quarter, up from $176.4m a year earlier.
On a US GAAP basis, net income for fell to $34.2m, compared with net income of $51.2m during the same quarter in 2008. Adjusted net income in the third quarter of 2009 was $39.9m, down from $64.3m.
