WYNN · 8-K · 20260804PR000051

Geographic Market Commentary

WYNN RESORTS LTD · 2026-08-04 · Importance 58 · Surprise 56

Macau was the primary source of year-over-year revenue growth, with Wynn Palace revenue increasing $113.8 million and Wynn Macau revenue increasing $7.3 million. Wynn Palace benefited from stronger mass-market activity, including a 29.7% table-games win percentage versus 22.3% a year earlier, while Wynn Macau experienced weaker VIP activity and a 17.1% mass-market win percentage versus 17.4%. Las Vegas remained broadly stable on revenue, supported by higher table-game activity and room pricing, but Adjusted Property EBITDAR declined 8.3% due to lower gaming and entertainment performance. Encore Boston Harbor weakened, with revenue down $6.4 million and Adjusted Property EBITDAR down 12.2%.