WYNN · 10-Q · 2026Q2 · Full report
Al Marjan Development Investment
WYNN RESORTS LTD · 2026-08-06 · Importance 64 · Surprise 42 · In source text
Wynn Resorts contributed $48.1 million to Wynn Al Marjan Island and Janu Al Marjan Island in the second quarter of 2026, bringing life-to-date cash contributions to $1.06 billion. The company estimates its remaining 40% pro-rata equity requirement for the developments at $525 million to $650 million, including capitalized interest and fees. Wynn Al Marjan Island is expected to open in September 2027, while Janu Al Marjan Island is expected to open in 2029. The company expects to use parent-company cash and other sources to service the Retail Term Loan, fund subsidiaries’ working capital, pay dividends, make required Al Marjan Joint Venture contributions, and support general corporate purposes.
Key facts
- The Company estimates its remaining 40% pro-rata share of the required equity for the development projects is between $525 million and $650 million, inclusive of capitalized interest and fees. source
- During the second quarter of 2026, the Company contributed $48.1 million of cash into Wynn Al Marjan Island and Janu Al Marjan Island, bringing our life-to-date cash contributions to $1.06 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -3.8% | The Company estimates its remaining 40% pro-rata share of the required equity for the development projects is between $525 million and… |
| assets | positive | committed | +3.8% | The Company estimates its remaining 40% pro-rata share of the required equity for the development projects is between $525 million and… |