Wynn Resorts, Limited Reports Second Quarter 2026 Results
LAS VEGAS, August 4, 2026 /PRNewswire/ -- Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the second quarter ended June 30, 2026.
Operating revenues were $1.86 billion for the second quarter of 2026, an increase of $119.1 million from $1.74 billion for the second quarter of 2025. Net income attributable to Wynn Resorts, Limited was $140.1 million for the second quarter of 2026, compared to net income attributable to Wynn Resorts, Limited of $66.2 million for the second quarter of 2025. Diluted net income per share was $1.32 for the second quarter of 2026, compared to diluted net income per share of $0.64 for the second quarter of 2025. Adjusted Property EBITDAR (1) was $568.3 million for the second quarter of 2026, compared to Adjusted Property EBITDAR of $552.4 million for the second quarter of 2025.
"Our second quarter results, including a monthly record for Adjusted Property EBITDAR in Las Vegas in May, and strong performance in Macau, reflect continued healthy demand dynamics throughout our business. I am incredibly proud of our teams in both regions," said Craig Billings, CEO of Wynn Resorts, Limited. "Importantly, we continue to invest in both growing and diversifying our business with construction at Wynn Al Marjan Island progressing at a rapid pace. Wynn Resorts, alongside our partners in Ras Al Khaimah, are now pleased to announce that Wynn Al Marjan Island, the most exciting integrated resort to be developed in over a decade, will open its doors to guests in September of 2027."
Consolidated Results
Operating revenues were $1.86 billion for the second quarter of 2026, an increase of $119.1 million from $1.74 billion for the second quarter of 2025. For the second quarter of 2026, operating revenues increased $113.8 million, $7.3 million, and $4.6 million at Wynn Palace, Wynn Macau, and our Las Vegas Operations, respectively, and decreased $6.4 million at Encore Boston Harbor, from the second quarter of 2025.
Net income attributable to Wynn Resorts, Limited was $140.1 million for the second quarter of 2026, compared to net income attributable to Wynn Resorts, Limited of $66.2 million for the second quarter of 2025. Diluted net income per share was $1.32 for the second quarter of 2026, compared to diluted net income per share of $0.64 for the second quarter of 2025. Adjusted net income attributable to Wynn Resorts, Limited (2) was $127.5 million, or $1.24 per diluted share, for the second quarter of 2026, compared to adjusted net income attributable to Wynn Resorts, Limited of $113.3 million, or $1.09 per diluted share, for the second quarter of 2025.
Adjusted Property EBITDAR was $568.3 million for the second quarter of 2026, an increase of $15.9 million compared to Adjusted Property EBITDAR of $552.4 million for the second quarter of 2025. For the second quarter of 2026, Adjusted Property EBITDAR increased $44.3 million at Wynn Palace and decreased $19.6 million, $7.8 million, and $1.0 million at our Las Vegas Operations, Encore Boston Harbor, and Wynn Macau, respectively, from the second quarter of 2025.
Wynn Resorts, Limited also announced on August 4, 2026 that its Board of Directors declared a cash dividend of $0.25 per share, payable on August 28, 2026 to stockholders of record as of August 14, 2026.
Property Results
Macau Operations
Wynn Palace
Operating revenues from Wynn Palace were $653.4 million for the second quarter of 2026, an increase of $113.8 million from $539.6 million for the second quarter of 2025. Adjusted Property EBITDAR from Wynn Palace was $201.5 million for the second quarter of 2026, compared to $157.2 million for the second quarter of 2025. Table games win percentage in mass market operations was 29.7%, above the 22.3% experienced in the second quarter of 2025. VIP table games win as a percentage of turnover was 2.97%, below the property's expected range of 3.1% to 3.4% and above the 2.86% experienced in the second quarter of 2025.
Wynn Macau
Operating revenues from Wynn Macau were $351.1 million for the second quarter of 2026, an increase of $7.3 million from $343.8 million for the second quarter of 2025. Adjusted Property EBITDAR from Wynn Macau was $95.5 million for the second quarter of 2026, compared to $96.5 million for the second quarter of 2025. Table games win percentage in mass market operations was 17.1%, below the 17.4% experienced in the second quarter of 2025. VIP table games win as a percentage of turnover was 2.58%, below the property's expected range of 3.1% to 3.4% and below the 3.41% experienced in the second quarter of 2025.
Las Vegas Operations
Operating revenues from our Las Vegas Operations were $643.2 million for the second quarter of 2026, an increase of $4.6 million from $638.6 million for the second quarter of 2025. Adjusted Property EBITDAR from our Las Vegas Operations for the second quarter of 2026 was $215.2 million, compared to $234.8 million for the second quarter of 2025. Table games win percentage for the second quarter of 2026 was 23.9%, within the property's expected range of 22% to 26% and above the 21.8% experienced in the second quarter of 2025.
Encore Boston Harbor
Operating revenues from Encore Boston Harbor were $209.3 million for the second quarter of 2026, a decrease of $6.4 million from $215.7 million for the second quarter of 2025. Adjusted Property EBITDAR from Encore Boston Harbor for the second quarter of 2026 was $56.1 million, compared to $63.9 million for the second quarter of 2025. Table games win percentage for the second quarter of 2026 was 18.1%, within the property's expected range of 18% to 22% and below the 21.3% experienced in the second quarter of 2025.
Wynn Al Marjan Island Development
During the second quarter of 2026, the Company contributed $48.1 million of cash to the 40%-owned joint venture that is constructing the Wynn Al Marjan Island development in the UAE, bringing our life-to-date cash contributions to the project to $1.06 billion. Wynn Al Marjan Island is currently expected to open in September 2027.
Balance Sheet
Our cash and cash equivalents as of June 30, 2026 totaled $1.57 billion, excluding $527.4 million of short-term investments held by Wynn Macau, Limited ("WML"). Cash and cash equivalents is comprised of $944.8 million held by WML and subsidiaries, $393.4 million held by Wynn Resorts Finance, LLC ("WRF") and subsidiaries excluding WML, and $235.2 million held at Corporate and other. As of June 30, 2026, the available borrowing capacity under the WRF Revolver and the WM Cayman II Revolver was $1.03 billion and $1.35 billion, respectively.
Total current and long-term debt outstanding at June 30, 2026 was $10.72 billion, comprised of $5.76 billion of Macau-related debt, $877.8 million of Wynn Las Vegas debt, $3.49 billion of WRF debt, and $598.9 million of debt held by the retail joint venture which we consolidate.
Equity Repurchase Program
During the second quarter of 2026, the Company repurchased 741,098 shares of its common stock under its publicly announced equity repurchase program at an average price of $101.20 per share, for an aggregate cost of $75.0 million. As of June 30, 2026, the Company had $326.1 million in repurchase authority remaining under the equity repurchase program.
Conference Call and Other Information
The Company will hold a conference call to discuss its results, including the results of Wynn Resorts Finance, LLC and Wynn Las Vegas, LLC, on August 4, 2026 at 1:30 p.m. PT (4:30 p.m. ET). Interested parties are invited to join the call by accessing a live audio webcast at http://www.wynnresorts.com. On or before August 14, 2026, the Company will make Wynn Resorts Finance, LLC and Wynn Las Vegas, LLC financial information for the quarter ended June 30, 2026 available to noteholders, prospective investors, broker-dealers and securities analysts. Please contact our investor relations office at 702-770-7555 or at [email protected], to obtain access to such financial information.
Forward-looking Statements
This release contains forward-looking statements regarding operating trends and future results of operations. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those we express in these forward-looking statements, including, but not limited to, reductions in discretionary consumer spending, adverse macroeconomic conditions and their impact on levels of disposable consumer income and wealth, changes in interest rates, inflation, a decline in general economic activity or recession in the U.S. and/or global economies, extensive regulation of our business, pending or future legal proceedings, ability to maintain gaming licenses and concessions, dependence on key employees, geopolitical conflicts, adverse tourism trends, travel disruptions caused by events outside of our control, dependence on a limited number of resorts, competition in the casino/hotel and resort industries, uncertainties over the development and success of new gaming and resort properties, construction and regulatory risks associated with current and future projects (including Wynn Al Marjan Island), cybersecurity risk and our leverage and ability to meet our debt service obligations. Additional information concerning potential factors that could affect the Company's financial results is included in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as supplemented by the Company's other periodic reports filed with the Securities and Exchange Commission from time to time. The Company is under no obligation to (and expressly disclaims any such obligation to) update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law.
Non-GAAP Financial Measures
(1) "Adjusted Property EBITDAR" is net income before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other expenses, triple-net operating lease rent expense related to Encore Boston Harbor, management and license fees, corporate expenses and other expenses (including intercompany golf course, meeting and convention, and water rights leases), stock-based compensation, change in derivatives fair value, loss on debt financing transactions and other non-operating income and expenses. Adjusted Property EBITDAR is presented exclusively as a supplemental disclosure because management believes that it is widely used to measure the performance, and as a basis for valuation, of gaming companies. Management uses Adjusted Property EBITDAR as a measure of the operating performance of its segments and to compare the operating performance of its properties with those of its competitors, as well as a basis for determining certain incentive compensation. We also present Adjusted Property EBITDAR because it is used by some investors to measure a company's ability to incur and service debt, make capital expenditures and meet working capital requirements. Gaming companies have historically reported EBITDAR as a supplement to GAAP. In order to view the operations of their casinos on a more stand-alone basis, gaming companies, including us, have historically excluded from their EBITDAR calculations pre-opening expenses, property charges, corporate expenses and stock-based compensation, that do not relate to the management of specific casino properties. However, Adjusted Property EBITDAR should not be considered as an alternative to operating income (loss) as an indicator of our performance, as an alternative to cash flows from operating activities as a measure of liquidity, or as an alternative to any other measure determined in accordance with GAAP. Unlike net income, Adjusted Property EBITDAR does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. We have significant uses of cash flows, including capital expenditures, triple-net operating lease rent expense related to Encore Boston Harbor, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDAR. Also, our calculation of Adjusted Property EBITDAR may be different from the calculation methods used by other companies and, therefore, comparability may be limited.
(2) "Adjusted net income attributable to Wynn Resorts, Limited" is net income attributable to Wynn Resorts, Limited before pre-opening expenses, property charges and other expenses, change in derivatives fair value, foreign currency remeasurement and other, and income taxes calculated using the specific tax treatment applicable to the adjustments based on their respective jurisdictions. Adjusted net income attributable to Wynn Resorts, Limited and adjusted net income attributable to Wynn Resorts, Limited per diluted share are presented as supplemental disclosures to financial measures in accordance with GAAP because management believes that these non-GAAP financial measures are widely used to measure the performance, and as a principal basis for valuation, of gaming companies. These measures are used by management and/or evaluated by some investors, in addition to net income per share computed in accordance with GAAP, as an additional basis for assessing period-to-period results of our business. Adjusted net income attributable to Wynn Resorts, Limited and adjusted net income attributable to Wynn Resorts, Limited per diluted share may be different from the calculation methods used by other companies and, therefore, comparability may be limited.
The Company has included schedules in the tables that accompany this release that reconcile (i) net income attributable to Wynn Resorts, Limited to adjusted net income attributable to Wynn Resorts, Limited, (ii) operating income (loss) to Adjusted Property EBITDAR, and (iii) net income attributable to Wynn Resorts, Limited to Adjusted Property EBITDAR.
WYNN RESORTS, LIMITED AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
2026
2025
Operating revenues:
Casino
$ 1,175,288
$ 1,051,834
$ 2,352,521
$ 2,092,264
Rooms
290,303
291,053
580,684
565,574
Food and beverage
264,344
261,057
523,363
510,936
Entertainment, retail and other
126,998
133,853
257,127
269,420
Total operating revenues
1,856,933
1,737,797
3,713,695
3,438,194
Operating expenses:
Casino
721,384
643,108
1,454,054
1,277,941
Rooms
88,569
86,042
178,360
170,139
Food and beverage
236,642
224,400
465,464
425,067
Entertainment, retail and other
51,390
58,041
111,103
120,227
General and administrative
270,115
280,815
545,319
556,504
Provision for credit losses
6,930
3,353
10,987
4,749
Pre-opening
9,232
11,286
20,977
16,573
Depreciation and amortization
165,421
152,907
325,948
308,328
Property charges and other
9,662
13,245
21,291
25,477
Total operating expenses
1,559,345
1,473,197
3,133,503
2,905,005
Operating income
297,588
264,600
580,192
533,189
Other income (expense):
Interest income
12,774
15,859
25,866
35,218
Interest expense, net of amounts capitalized
(152,177)
(154,551)
(304,539)
(312,159)
Change in derivatives fair value
43,287
(1,112)
90,057
(30,651)
Loss on debt financing transactions
—
(1,083)
—
(1,083)
Other
(2,746)
(36,164)
(32,180)
(44,538)
Other income (expense), net
(98,862)
(177,051)
(220,796)
(353,213)
Income before income taxes
198,726
87,549
359,396
179,976
Provision for income taxes
(16,154)
(10,588)
(26,286)
(21,610)
Net income
182,572
76,961
333,110
158,366
Less: net income attributable to noncontrolling interests
(42,510)
(10,743)
(72,594)
(19,401)
Net income attributable to Wynn Resorts, Limited
$ 140,062
$ 66,218
$ 260,516
$ 138,965
Basic and diluted net income per common share:
Net income attributable to Wynn Resorts, Limited:
Basic
$ 1.37
$ 0.64
$ 2.53
$ 1.33
Diluted
$ 1.32
$ 0.64
$ 2.36
$ 1.33
Weighted average common shares outstanding:
Basic
102,574
103,491
102,828
104,486
Diluted
102,983
103,780
103,390
104,749
WYNN RESORTS, LIMITED AND SUBSIDIARIES
RECONCILIATION OF NET INCOME ATTRIBUTABLE TO WYNN RESORTS, LIMITED
TO ADJUSTED NET INCOME ATTRIBUTABLE TO WYNN RESORTS, LIMITED
(in thousands, except per share data)
(unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
2026
2025
Net income attributable to Wynn Resorts, Limited
$ 140,062
$ 66,218
$ 260,516
$ 138,965
Pre-opening expenses
9,232
11,286
20,977
16,573
Property charges and other
9,662
13,245
21,291
25,477
Change in derivatives fair value
(43,287)
1,112
(90,057)
30,651
Loss on debt financing transactions
—
1,083
—
1,083
Foreign currency remeasurement and other
2,746
36,164
32,180
44,538
Income tax impact on adjustments
(1,254)
(3,178)
(2,384)
(4,854)
Noncontrolling interests impact on adjustments
10,293
(12,595)
14,663
(25,953)
Adjusted net income attributable to Wynn Resorts, Limited
$ 127,454
$ 113,335
$ 257,186
$ 226,480
Adjusted net income attributable to Wynn Resorts, Limited per
diluted share
$ 1.24
$ 1.09
$ 2.49
$ 2.16
Weighted average common shares outstanding - diluted
102,983
103,780
103,390
104,749
WYNN RESORTS, LIMITED AND SUBSIDIARIES
RECONCILIATION OF OPERATING INCOME (LOSS) TO ADJUSTED PROPERTY EBITDAR
(in thousands)
(unaudited)
Three Months Ended June 30, 2026
Wynn
Palace
Wynn
Macau
Other
Macau
Total
Macau
Operations
Las Vegas
Operations
Encore
Boston
Harbor
Corporate
and Other
Total
Operating income (loss)
$ 113,196
$ 57,548
$ (7,908)
$ 162,836
$ 102,412
$ (6,365)
$ 38,705
$ 297,588
Pre-opening expenses
—
146
—
146
252
—
8,834
9,232
Depreciation and amortization
62,502
20,879
397
83,778
63,103
14,522
4,018
165,421
Property charges and other
1,869
2,536
3
4,408
5,134
184
(64)
9,662
Management and license fees
20,592
10,680
—
31,272
30,192
10,227
(71,691)
—
Corporate expenses and other
2,245
2,281
6,765
11,291
8,309
1,746
12,863
34,209
Stock-based compensation
1,084
1,441
743
3,268
5,824
475
7,335
16,902
Triple-net operating lease rent expense
—
—
—
—
—
35,295
—
35,295
Adjusted Property EBITDAR
$ 201,488
$ 95,511
$ —
$ 296,999
$ 215,226
$ 56,084
$ —
$ 568,309
Three Months Ended June 30, 2025
Wynn
Palace
Wynn
Macau
Other
Macau
Total
Macau
Operations
Las Vegas
Operations
Encore
Boston
Harbor
Corporate
and Other
Total
Operating income (loss)
$ 72,760
$ 62,988
$ (7,464)
$ 128,284
$ 110,457
$ 1,047
$ 24,812
$ 264,600
Pre-opening expenses
3,004
—
—
3,004
2,095
—
6,187
11,286
Depreciation and amortization
59,344
18,280
398
78,022
58,821
14,229
1,835
152,907
Property charges and other
1,115
1,233
10
2,358
8,363
1,047
1,477
13,245
Management and license fees
17,605
10,648
—
28,253
30,125
10,449
(68,827)
—
Corporate expenses and other
2,045
2,079
6,137
10,261
7,594
1,585
27,006
46,446
Stock-based compensation
1,333
1,282
919
3,534
17,357
436
7,510
28,837
Triple-net operating lease rent expense
—
—
—
—
—
35,066
—
35,066
Adjusted Property EBITDAR
$ 157,206
$ 96,510
$ —
$ 253,716
$ 234,812
$ 63,859
$ —
$ 552,387
WYNN RESORTS, LIMITED AND SUBSIDIARIES
RECONCILIATION OF OPERATING INCOME (LOSS) TO ADJUSTED PROPERTY EBITDAR
(in thousands)
(unaudited)
Six Months Ended June 30, 2026
Wynn
Palace
Wynn
Macau
Other
Macau
Total
Macau
Operations
Las Vegas
Operations
Encore
Boston
Harbor
Corporate
and Other
Total
Operating income (loss)
$ 225,986
$ 98,520
$ (16,407)
$ 308,099
$ 215,245
$ (20,403)
$ 77,251
$ 580,192
Pre-opening expenses
662
146
—
808
3,812
—
16,357
20,977
Depreciation and amortization
123,735
41,252
795
165,782
123,878
28,973
7,315
325,948
Property charges and other
5,779
2,731
10
8,520
9,793
2,667
311
21,291
Management and license fees
41,898
20,778
—
62,676
61,222
20,176
(144,074)
—
Corporate expenses and other
4,790
4,950
14,057
23,797
16,416
3,579
25,227
69,019
Stock-based compensation
2,460
2,750
1,545
6,755
17,320
952
17,613
42,640
Triple-net operating lease rent expense
—
—
—
—
—
70,659
—
70,659
Adjusted Property EBITDAR
$ 405,310
$ 171,127
$ —
$ 576,437
$ 447,686
$ 106,603
$ —
$ 1,130,726
Six Months Ended June 30, 2025
Wynn
Palace
Wynn
Macau
Other
Macau
Total
Macau
Operations
Las Vegas
Operations
Encore
Boston
Harbor
Corporate
and Other
Total
Operating income (loss)
$ 155,325
$ 115,730
$ (15,623)
$ 255,432
$ 226,536
$ (9,688)
$ 60,909
$ 533,189
Pre-opening expenses
4,204
—
—
4,204
2,855
—
9,514
16,573
Depreciation and amortization
115,781
37,504
796
154,081
121,449
28,195
4,603
308,328
Property charges and other
1,823
5,439
16
7,278
9,065
6,563
2,571
25,477
Management and license fees
35,105
21,021
—
56,126
59,448
20,590
(136,164)
—
Corporate expenses and other
4,251
4,394
12,887
21,532
15,488
3,273
42,734
83,027
Stock-based compensation
2,602
2,621
1,924
7,147
23,332
1,925
15,833
48,237
Triple-net operating lease rent expense
—
—
—
—
—
70,455
—
70,455
Adjusted Property EBITDAR
$ 319,091
$ 186,709
$ —
$ 505,800
$ 458,173
$ 121,313
$ —
$ 1,085,286
WYNN RESORTS, LIMITED AND SUBSIDIARIES
RECONCILIATION OF NET INCOME ATTRIBUTABLE TO WYNN RESORTS, LIMITED TO
ADJUSTED PROPERTY EBITDAR
(in thousands)
(unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
2026
2025
Net income attributable to Wynn Resorts, Limited
$ 140,062
$ 66,218
$ 260,516
$ 138,965
Net income attributable to noncontrolling interests
42,510
10,743
72,594
19,401
Pre-opening expenses
9,232
11,286
20,977
16,573
Depreciation and amortization
165,421
152,907
325,948
308,328
Property charges and other
9,662
13,245
21,291
25,477
Triple-net operating lease rent expense
35,295
35,066
70,659
70,455
Corporate expenses and other
34,209
46,446
69,019
83,027
Stock-based compensation
16,902
28,837
42,640
48,237
Interest income
(12,774)
(15,859)
(25,866)
(35,218)
Interest expense, net of amounts capitalized
152,177
154,551
304,539
312,159
Change in derivatives fair value
(43,287)
1,112
(90,057)
30,651
Loss on debt financing transactions
—
1,083
—
1,083
Other
2,746
36,164
32,180
44,538
Provision for income taxes
16,154
10,588
26,286
21,610
Adjusted Property EBITDAR
$ 568,309
$ 552,387
$ 1,130,726
$ 1,085,286
WYNN RESORTS, LIMITED AND SUBSIDIARIES
SUPPLEMENTAL DATA SCHEDULE
(dollars in thousands, except for win per unit per day, ADR and REVPAR)
(unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
Percent
Change
2026
2025
Percent
Change
Wynn Palace Supplemental Information
Operating revenues
Casino
$ 564,356
$ 448,298
25.9
$ 1,129,273
$ 892,806
26.5
Rooms
36,188
38,481
(6.0)
73,822
75,096
(1.7)
Food and beverage
31,785
30,446
4.4
64,820
62,184
4.2
Entertainment, retail and other
21,070
22,416
(6.0)
44,822
45,484
(1.5)
Total
$ 653,399
$ 539,641
21.1
$ 1,312,737
$ 1,075,570
22.1
Adjusted Property EBITDAR (6)
$ 201,488
$ 157,206
28.2
$ 405,310
$ 319,091
27.0
Casino statistics:
VIP:
Average number of table games
47
52
(9.6)
49
54
(9.3)
VIP turnover
$ 2,767,504
$ 4,071,052
(32.0)
$ 7,083,818
$ 8,076,093
(12.3)
VIP table games win (1)
$ 82,313
$ 116,471
(29.3)
$ 216,555
$ 221,003
(2.0)
VIP table games win as a % of turnover
2.97 %
2.86 %
3.06 %
2.74 %
Table games win per unit per day
$ 19,174
$ 24,438
(21.5)
$ 24,589
$ 22,735
8.2
Mass market:
Average number of table games
287
249
15.3
281
248
13.3
Table drop (2)
$ 1,899,985
$ 1,844,054
3.0
$ 3,871,036
$ 3,548,452
9.1
Table games win (1)
$ 563,348
$ 411,604
36.9
$ 1,087,145
$ 833,996
30.4
Table games win %
29.7 %
22.3 %
28.1 %
23.5 %
Table games win per unit per day
$ 21,590
$ 18,171
18.8
$ 21,392
$ 18,566
15.2
Average number of slot machines
721
627
15.0
722
638
13.2
Slot machine handle
$ 960,344
$ 757,815
26.7
$ 1,820,867
$ 1,492,685
22.0
Slot machine win (3)
$ 40,695
$ 32,482
25.3
$ 76,151
$ 61,838
23.1
Slot machine win per unit per day
$ 620
$ 569
9.0
$ 582
$ 535
8.8
Room statistics:
Occupancy
98.9 %
98.7 %
99.0 %
98.5 %
ADR (4)
$ 219
$ 232
(5.6)
$ 224
$ 227
(1.3)
REVPAR (5)
$ 216
$ 229
(5.7)
$ 222
$ 224
(0.9)
WYNN RESORTS, LIMITED AND SUBSIDIARIES
SUPPLEMENTAL DATA SCHEDULE
(dollars in thousands, except for win per unit per day, ADR and REVPAR)
(unaudited) (continued)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
Percent
Change
2026
2025
Percent
Change
Wynn Macau Supplemental Information
Operating revenues
Casino
$ 300,726
$ 293,380
2.5
$ 577,458
$ 568,930
1.5
Rooms
20,907
21,742
(3.8)
42,227
45,039
(6.2)
Food and beverage
16,761
17,020
(1.5)
36,031
35,812
0.6
Entertainment, retail and other
12,692
11,671
8.7
25,222
23,992
5.1
Total
$ 351,086
$ 343,813
2.1
$ 680,938
$ 673,773
1.1
Adjusted Property EBITDAR (6)
$ 95,511
$ 96,510
(1.0)
$ 171,127
$ 186,709
(8.3)
Casino statistics:
VIP:
Average number of table games
10
21
(52.4)
11
25
(56.0)
VIP turnover
$ 428,101
$ 981,735
(56.4)
$ 1,013,987
$ 2,418,782
(58.1)
VIP table games win (1)
$ 11,044
$ 33,438
(67.0)
$ 13,321
$ 49,152
(72.9)
VIP table games win as a % of turnover
2.58 %
3.41 %
1.31 %
2.03 %
Table games win per unit per day
$ 11,576
$ 17,571
(34.1)
$ 6,505
$ 10,777
(39.6)
Mass market:
Average number of table games
213
231
(7.8)
216
226
(4.4)
Table drop (2)
$ 1,751,881
$ 1,617,756
8.3
$ 3,655,442
$ 3,160,641
15.7
Table games win (1)
$ 300,200
$ 280,836
6.9
$ 588,325
$ 569,385
3.3
Table games win %
17.1 %
17.4 %
16.1 %
18.0 %
Table games win per unit per day
$ 15,453
$ 13,346
15.8
$ 15,025
$ 13,916
8.0
Average number of slot machines
922
751
22.8
916
740
23.8
Slot machine handle
$ 1,190,692
$ 1,009,092
18.0
$ 2,429,785
$ 1,862,499
30.5
Slot machine win (3)
$ 34,925
$ 25,193
38.6
$ 71,138
$ 49,560
43.5
Slot machine win per unit per day
$ 416
$ 369
12.7
$ 429
$ 370
15.9
Room statistics:
Occupancy
99.3 %
99.4 %
99.5 %
99.2 %
ADR (4)
$ 209
$ 216
(3.2)
$ 216
$ 225
(4.0)
REVPAR (5)
$ 208
$ 215
(3.3)
$ 215
$ 223
(3.6)
WYNN RESORTS, LIMITED AND SUBSIDIARIES
SUPPLEMENTAL DATA SCHEDULE
(dollars in thousands, except for win per unit per day, ADR and REVPAR)
(unaudited) (continued)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
Percent
Change
2026
2025
Percent
Change
Las Vegas Operations Supplemental Information
Operating revenues
Casino
$ 158,104
$ 148,502
6.5
$ 336,295
$ 309,495
8.7
Rooms
208,132
207,981
0.1
420,693
403,849
4.2
Food and beverage
195,688
194,861
0.4
384,416
374,303
2.7
Entertainment, retail and other
81,244
87,289
(6.9)
163,673
176,271
(7.1)
Total
$ 643,168
$ 638,633
0.7
$ 1,305,077
$ 1,263,918
3.3
Adjusted Property EBITDAR (6)
$ 215,226
$ 234,812
(8.3)
$ 447,686
$ 458,173
(2.3)
Casino statistics:
Average number of table games
242
232
4.3
242
234
3.4
Table drop (2)
$ 638,243
$ 609,232
4.8
$ 1,323,544
$ 1,201,759
10.1
Table games win (1)
$ 152,660
$ 132,975
14.8
$ 325,065
$ 277,036
17.3
Table games win %
23.9 %
21.8 %
24.6 %
23.1 %
Table games win per unit per day
$ 6,922
$ 6,300
9.9
$ 7,426
$ 6,538
13.6
Average number of slot machines
1,558
1,564
(0.4)
1,566
1,577
(0.7)
Slot machine handle
$ 1,813,124
$ 1,760,253
3.0
$ 3,628,604
$ 3,538,339
2.6
Slot machine win (3)
$ 117,009
$ 123,606
(5.3)
$ 237,344
$ 246,850
(3.9)
Slot machine win per unit per day
$ 825
$ 868
(5.0)
$ 837
$ 865
(3.2)
Poker rake
$ 7,712
$ 8,103
(4.8)
$ 11,511
$ 12,434
(7.4)
Room statistics:
Occupancy
87.1 %
89.2 %
86.3 %
88.3 %
ADR (4)
$ 575
$ 548
4.9
$ 583
$ 538
8.4
REVPAR (5)
$ 501
$ 489
2.5
$ 504
$ 475
6.1
WYNN RESORTS, LIMITED AND SUBSIDIARIES
SUPPLEMENTAL DATA SCHEDULE
(dollars in thousands, except for win per unit per day, ADR, and REVPAR)
(unaudited) (continued)
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
Percent
Change
2026
2025
Percent
Change
Encore Boston Harbor Supplemental Information
Operating revenues
Casino
$ 152,102
$ 161,654
(5.9)
$ 309,495
$ 321,033
(3.6)
Rooms
25,076
22,849
9.7
43,942
41,590
5.7
Food and beverage
20,110
18,730
7.4
38,096
38,637
(1.4)
Entertainment, retail and other
11,992
12,477
(3.9)
23,410
23,673
(1.1)
Total
$ 209,280
$ 215,710
(3.0)
$ 414,943
$ 424,933
(2.4)
Adjusted Property EBITDAR (6)
$ 56,084
$ 63,859
(12.2)
$ 106,603
$ 121,313
(12.1)
Casino statistics:
Average number of table games
172
172
—
172
172
—
Table drop (2)
$ 348,381
$ 338,184
3.0
$ 672,657
$ 678,246
(0.8)
Table games win (1)
$ 62,913
$ 72,016
(12.6)
$ 128,336
$ 141,898
(9.6)
Table games win %
18.1 %
21.3 %
19.1 %
20.9 %
Table games win per unit per day
$ 4,021
$ 4,601
(12.6)
$ 4,123
$ 4,558
(9.5)
Average number of slot machines
2,570
2,718
(5.4)
2,676
2,718
(1.5)
Slot machine handle
$ 1,391,561
$ 1,365,349
1.9
$ 2,736,640
$ 2,722,548
0.5
Slot machine win (3)
$ 110,444
$ 109,472
0.9
$ 220,024
$ 216,954
1.4
Slot machine win per unit per day
$ 472
$ 443
6.5
$ 454
$ 441
2.9
Poker rake
$ 5,530
$ 5,430
1.8
$ 10,904
$ 11,072
(1.5)
Room statistics:
Occupancy
92.7 %
92.9 %
89.3 %
90.5 %
ADR (4)
$ 445
$ 405
9.9
$ 407
$ 382
6.5
REVPAR (5)
$ 412
$ 376
9.6
$ 363
$ 346
4.9
(1)
Table games win is shown before discounts, commissions and the allocation of casino revenues to rooms, food and beverage and other revenues for services provided to casino customers on a complimentary basis.
(2)
In Macau, table drop is the amount of cash that is deposited in a gaming table's drop box plus cash chips purchased at the casino cage. In Las Vegas, table drop is the amount of cash and net markers issued that are deposited in a gaming table's drop box. At Encore Boston Harbor, table drop is the amount of cash and gross markers that are deposited in a gaming table's drop box.
(3)
Slot machine win is calculated as gross slot machine win minus progressive accruals and free play.
(4)
ADR is average daily rate and is calculated by dividing total room revenues including complimentaries (less service charges, if any) by total rooms occupied.
(5)
REVPAR is revenue per available room and is calculated by dividing total room revenues including complimentaries (less service charges, if any) by total rooms available.
(6)
Refer to accompanying reconciliations of Operating Income (Loss) to Adjusted Property EBITDAR and Net Income Attributable to Wynn Resorts, Limited to Adjusted Property EBITDAR.
CONTACT:
Lauren Seiler
702-770-7555
[email protected]
SOURCE Wynn Resorts, Limited