WYNN · 10-Q · 2026Q2 · Full report

Segment Profitability

WYNN RESORTS LTD · 2026-08-06 · Importance 46 · Surprise 56

Wynn Palace Adjusted Property EBITDAR increased $44.3 million, or 28.2%, in the second quarter and $86.2 million, or 27.0%, for the six months, primarily because of higher casino revenue despite increased gaming taxes. Wynn Macau Adjusted Property EBITDAR declined $15.6 million, or 8.3%, for the six months because casino expense, including gaming taxes, increased. Las Vegas Operations Adjusted Property EBITDAR decreased $19.6 million, or 8.3%, in the second quarter and $10.5 million, or 2.3%, for the six months as higher operating expenses offset revenue growth. Encore Boston Harbor Adjusted Property EBITDAR fell $7.8 million, or 12.2%, in the second quarter and $14.7 million, or 12.1%, for the six months, primarily because operating revenue declined.

Key facts

• Adjusted Property EBITDAR for the three months ended June 30, 2026: Wynn Palace $201,488; Wynn Macau $95,511; Las Vegas Operations $215,226; Encore Boston Harbor $56,084 (dollars in thousands). source
• Net income attributable to Wynn Resorts, Limited for the three months ended June 30, 2026: $140,062 (dollars in thousands). source
• Adjusted Property EBITDAR at Wynn Palace increased $44.3 million for the three months ended June 30, 2026 and $86.2 million for the six months ended June 30, 2026, largely from increased casino revenue partially offset by increased casino expense inclusive of gaming taxes. source
• Diluted net income per share for the three months ended June 30, 2026: $1.32. source