Inside Asian Gaming

INSIDE ASIAN GAMING | March 2009 16 S lot machine handle in Macau totalled US$3.0 billion in 2008, 79.5% higher than the US$1.7 billion generated in 2007. However win per unit was diluted because of a 138.6% increase in the number of machines, from 521 to 1,243. Slot machine win per unit per day was US$346, down 26.4% from 2007. In the fourth quarter of 2008, Wynn Macau’s slot machines win increased 33.9% compared to the fourth quarter of 2007. Win per unit per day was US$348, a 23.7% decline from the fourth quarter of 2007, due to the increase in the average number of slot machines, from 708 to 1,241 slots. For the full year 2008, net revenues were US$1.9 billion, 35.6% above 2007. Wynn Macau generated adjusted property EBITDA of US$485.9 million, a 33.4% increase over the previous year. Casino revenues increased US$474.7 millionduring theyear ended31stDecember 2008, compared to the prior year. Table games turnover in the VIP segment of US$55.4 billion was 47.4% higher than in 2007. Table games drop in the mass market category increased 14.2% to US$2.3 billion. Wynn Macau’s hotel accommodation achieved an average daily rate (ADR) of US$275 for the year, compared to US$251 in 2007. The property’s occupancy was 87.3%, compared to 88.8% during the prior year period, generating revenue per available Winning Line Slot machines were one of the stand out performers at Wynn Macau during 2008, according to Wynn Resorts Ltd’s annual results