Wynn's Macau Bet Pays Off

The lure of world-class hotels, gourmet dining and retail shops is helping the casino operator gain market share in Asia's gambling hotspot

As the growth rate of China's economy continues to astonish market observers, the disposable income that its expanding professional class has to spend is also climbing. That's clear from the second-quarter profit posted by Wynn Resorts Ltd. (WYNN), one of the first western gaming companies to establish a beachhead in Macau, which has become the center of Asian gambling activity.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.