WYNN · 10-Q · 2026Q3 · Full report

Segment Profitability

WYNN RESORTS LTD · 2026-11-05 · Importance 46 · Surprise 48

Third-quarter Adjusted Property EBITDAR declined 17.2% to $165.8 million at Wynn Palace, 17.1% to $89.5 million at Wynn Macau, 21.9% to $158.8 million at Las Vegas Operations, and 14.1% to $50.1 million at Encore Boston Harbor. For the first nine months, Wynn Palace EBITDAR rose 10.0% to $571.1 million, while Wynn Macau fell 11.6% to $260.6 million, Las Vegas Operations fell 8.3% to $606.5 million, and Encore Boston Harbor fell 12.8% to $156.7 million. Macau results largely reflected casino revenue changes partly offset by casino expenses; Las Vegas’s nine-month decline primarily reflected higher operating expenses. Encore Boston Harbor’s EBITDAR was also negatively affected by an ongoing labor dispute.