Wynn Macau's 4Q25 VIP surged by 48%, yet the profit margin is under pressure, what do investment banks think?

Wynn Macau's Q4 2025 financial report is out, with an on-the-spot interpretation by investment bank Jefferies: Overall in line with expectations, VIP business being the highlight, but profits were dragged down by win rates. Data shows that quarterly revenue increased by 4% year-on-year to $968 mill

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