Las Vegas OperationsFor the first quarter ended March 31, 2012, net revenues were $362.8 million, an 8.1% decline from the first quarter of 2011. Adjusted property EBITDA of $100.9 million was down 23.6% versus the $132.1 million generated in the comparable period in 2011. EBITDA margin on net revenues was 27.8% in the first quarter of 2012 compared to 33.5% in the first quarter of 2011.
Wynn Resorts, Limited Reports First Quarter 2012
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