WYNN · 10-Q · 2026Q2 · Full report
Al Marjan Joint Venture Investment
WYNN RESORTS LTD · 2026-08-06 · Importance 72 · Surprise 74 · In source text
The company is pursuing geographic expansion through its 40% equity interest in the Al Marjan Joint Venture in Ras Al Khaimah, United Arab Emirates. The joint venture is constructing the Wynn Al Marjan Island integrated resort. During the six months ended June 30, 2026, Wynn invested $178.6 million in the venture, including $148.2 million of cash contributions. This compares with $121.1 million invested in the prior-year period, including $109.5 million of cash contributions.
Key facts
- We invested $178.6 million, including $148.2 million of cash contributions, in the Al Marjan Joint Venture during the six months ended June 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +1.4% | We invested $178.6 million, including $148.2 million of cash contributions, in the Al Marjan Joint Venture during the six months ended… |
| cash | negative | realized | -1.1% | We invested $178.6 million, including $148.2 million of cash contributions, in the Al Marjan Joint Venture during the six months ended… |