Wynn Resorts Q2 2026
Wynn Resorts more than doubled quarterly profit, with net income rising to $140.1 million from $66.2 million a year earlier. Operating revenue for the quarter ended June 30, 2026, came in at $1.86 billion, up $119.1 million from $1.74 billion. Earnings per share climbed to $1.32 from $0.64, and adjusted net income reached $127.5 million, or $1.24 per share, against $113.3 million and $1.09 a year ago. Adjusted Property EBITDAR added $15.9 million to $568.3 million.
Macau carried the quarter. Wynn Palace revenue rose $113.8 million to $653.4 million, and its Adjusted Property EBITDAR went from $157.2 million to $201.5 million. Mass-market table win percentage jumped to 29.7% from 22.3%, while VIP win landed at 2.97% — under the expected 3.1–3.4% range, though above last year's 2.86%. Wynn Macau brought in $351.1 million of revenue, up $7.3 million, with EBITDAR slipping to $95.5 million from $96.5 million.
Las Vegas revenue grew $4.6 million to $643.2 million, but EBITDAR fell to $215.2 million from $234.8 million. Chief executive Craig Billings pointed to a record monthly EBITDAR in May and a 5% rise in casino revenue. Encore Boston Harbor reported $209.3 million of revenue, down $6.4 million, and EBITDAR of $56.1 million against $63.9 million.
Al Marjan Island slips to September 2027
The Wynn Al Marjan Island resort in the United Arab Emirates will open in September 2027, later than the spring timing planned earlier. The project budget rose by $600 million on regional conflicts, logistics disruptions and higher material costs. Materials, delivery and additional interest accounted for half of the increase, with contractor coordination and revised estimates making up the rest. Wynn has put $1.06 billion into the joint venture, where it holds a 40% stake. In Macau, the company will start building the 432-room Enclave hotel before the end of 2026, targeting a 2029 opening.
