Goldman Sachs: Wynn Macau (01128.HK) quarterly results meet expectations, maintaining "Buy" rating.

Goldman Sachs has released a research report stating that the EBITDA for Wynn Macau (01128.HK) in the second quarter was $297 million, in line with their expectation of $296 million, and higher than the market expectation of $280 to $290 million. It was the only gaming operator during the period to achieve quarter-on-quarter EBITDA growth. Excluding the factor of lower VIP gaming win rates, the adjusted EBITDA was approximately $306 million, showing a quarter-on-quarter increase of 3% and a year-on-year increase of 15%. The firm maintains a "Buy" rating with a target price of HKD 8.1 unchanged.