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Wynn Resorts Reports Strong Operational Results for Q4 2025
The company’s plans to open the Middle East casino are moving according to plan, while it continues to elicit strong results at home in the United States and beyond
Wynn Resorts, Limited has reported its Q4 2025 results, which ended on December 31, 2025. The company confirmed that revenue had increased ever-so-slightly to $1.87 billion in the quarter compared to $1.84 billion in Q4 2024.
Wynn Resorts on Track for Middle-East Casino Resort Launch
The net income attributable to Wynn Resorts, Limited was $100 million in the quarter, below the $277 million of attributable income in Q4 2024. Commenting on these and other financial performance markets, Wynn Resorts, Limited CEO Craig Billings had this to add:
“Our fourth quarter results reflect continued strength throughout the business and ongoing progress in our global development initiatives. The team in Las Vegas delivered another quarter of healthy EBITDA, highlighted by year-on-year improvement in ADRs and strong volumes in the casino.”
Billings also spoke of the performance results in Macau, which saw a substantial increase in VIP turnover as well as mass table drop – both sequentially and year-on-year.
The executive also confirmed that the opening of Wynn Al Marjan Island for the first quarter of 2027 was well on track.
Results in Las Vegas and Encore Boston Harbor saw slight decreases in terms of operating revenues, whereas the company’s Macau operations continued to gain with increases in operating revenues at both Wynn Palace and Wynn Macau.
Wynn also reported on its balance sheet, which was in good standing, saying that the company had cash and cash equivalents as of December 31, 2025, totalling $1.46 billion, excluding $601.8 million of short-term investment held by Wynn Macau, Limited.
The company recently set up a $2-million scholarship fund for the children of employees pursuing a degree.
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