WYNN · 8-K · 20260804PR000051
Segment Profitability
WYNN RESORTS LTD · 2026-08-04 · Importance 35 · Surprise 48 · No source text
Adjusted Property EBITDAR increased $15.9 million, or 2.9%, year over year to $568.3 million. Wynn Palace Adjusted Property EBITDAR rose $44.3 million, or 28.2%, to $201.5 million, driven in part by mass-market table-games win of 29.7% versus 22.3% in the prior-year quarter. Las Vegas Operations Adjusted Property EBITDAR declined $19.6 million, or 8.3%, to $215.2 million despite revenue growth, while Encore Boston Harbor declined $7.8 million, or 12.2%, to $56.1 million. Wynn Macau Adjusted Property EBITDAR decreased $1.0 million, or 1.0%, to $95.5 million.
Key facts
- Wynn Palace adjusted property EBITDAR for the three months ended June 30, 2026 was $201,488 (in thousands), a 28.2% increase versus $157,206 in 2025. source
- Las Vegas Operations adjusted property EBITDAR for the three months ended June 30, 2026 was $215,226 (in thousands), an 8.3% decrease versus $234,812 in 2025. source
- 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. source
- Adjusted Property EBITDAR was $568.3 million for the second quarter of 2026. source
- Adjusted Property EBITDAR was $552.4 million for the second quarter of 2025. source
- Wynn Macau adjusted property EBITDAR for the three months ended June 30, 2026 was $95,511 (in thousands), a 1.0% decrease versus $96,510 in 2025. source
- Encore Boston Harbor adjusted property EBITDAR for the three months ended June 30, 2026 was $56,084 (in thousands), a 12.2% decrease versus $63,859 in 2025. source
- Adjusted Property EBITDAR from Wynn Palace was $201.5 million for the second quarter of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +2.4% | Wynn Palace adjusted property EBITDAR for the three months ended June 30, 2026 was $201,488 (in thousands), a 28.2% increase versus… |
| operating_income | negative | realized | -1.1% | Las Vegas Operations adjusted property EBITDAR for the three months ended June 30, 2026 was $215,226 (in thousands), an 8.3% decrease… |
| operating_income | positive | realized | +0.9% | Adjusted Property EBITDAR was $568.3 million for the second quarter of 2026. |
| operating_income | negative | realized | -0.4% | For the second quarter of 2026, Adjusted Property EBITDAR increased $44.3 million at Wynn Palace and decreased $19.6 million, $7.8… |
| operating_income | negative | realized | -0.1% | For the second quarter of 2026, Adjusted Property EBITDAR increased $44.3 million at Wynn Palace and decreased $19.6 million, $7.8… |
| operating_income | positive | realized | — | Adjusted Property EBITDAR from Wynn Palace was $201.5 million for the second quarter of 2026. |
| operating_income | positive | realized | — | Adjusted Property EBITDAR from our Las Vegas Operations for the second quarter of 2026 was $215.2 million. |