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Wynn Resorts’ Profit Trails View on Macau Dip; Dividend Doubled

Wynn Resorts Ltd., the casino company controlled by billionaire Steve Wynn, posted fourth-quarter profit that fell short of analysts’ estimates as business in Macau declined. The company doubled its dividend.

Profit excluding some items totaled $1.17 a share in the quarter, the Las Vegas-based company said yesterday in a statement. Analysts were projecting $1.27, the average of 22 estimates compiled by Bloomberg.