Wynn Resorts CFO and Treasurer Craig Billings has been appointed as a new non-executive director of Wynn Macau.
Billings, who joined the company in April 2017, replaces Kim Sinatra on the board after the former Wynn Resorts Executive VP, General Counsel and Secretary stepped down in July. The 45-year-old, whose previous gaming industry experience includes roles at Aristocrat and IGT, will serve for a period of three years and be paid an annual fee of HK$100,000.
The news formed part of Wynn Macau’s interim results announcement for the six months to 30 June 2018, released on Friday, which saw casino revenues jump 20.2% to HK$16.5 billion and total revenue climb 21.0% to HK$19.2 billion. Adjusted EBITDA increased 36.9% to HK$5.3 billion while profit almost doubled to HK$3.0 billion.
Wynn Macau also declared a total dividend of HK$0.75 per share on Friday, to be paid to shareholders on 24 September 2018. The dividend includes an interim dividend of HK$0.32 per share for the six months ended 30 June 2018 and a special dividend of HK$0.43 per share.
