WYNN · 10-Q · 2026Q3 · Full report

Capital Expenditures Program

WYNN RESORTS LTD · 2026-11-05 · Importance null · Surprise 32 · Matches filing data

The company incurred $533.7 million of capital expenditures in the first nine months of 2026, compared with $489.2 million in 2025. Spending included $314.1 million at Las Vegas Operations, $124.7 million at Wynn Palace, $70.1 million at Wynn Macau, and $16.1 million at Encore Boston Harbor, primarily for property enhancements and maintenance. The company also invested $257.8 million in the Al Marjan Joint Venture, including $210.4 million of cash contributions. Wynn Palace’s Enclave project is a 432-key all-suite hotel tower with a $900 million–$950 million budget including capitalized interest; construction began in the second half of 2026 and is expected to take 2.5 years.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-4.1%During the nine months ended September 30, 2026, Wynn Resorts incurred $314.1 million of capital expenditures at Las Vegas Operations,…