Wynn Resorts Reports 9.2% Revenue Growth to $1.86 Billion in Q1 2026

(AsiaGameHub) –   Wynn Resorts reported stronger financial results for the first quarter of 2026, with total revenue increasing 9.2% year-on-year to $1.86 billion.

The company’s net income climbed to $120.5 million, up from $72.7 million in the same period last year, while diluted earnings per share (EPS) rose to $1.04 from $0.69. Adjusted Property EBITDAR also grew by 5.5%, reaching $562.4 million.

CEO Craig Billings noted that Wynn has continued to expand its presence in the Las Vegas gaming market, while its Macau properties saw significant year-over-year improvements in both gaming volume and market share.

Macau remained the primary growth driver for the quarter. Wynn Palace recorded $659.3 million in revenue, up from $535.9 million in the prior-year quarter, and posted property EBITDAR of $203.8 million.

Wynn Macau generated $329.9 million in revenue, though lower win rates in both the mass and VIP segments led to a drop in property EBITDAR.

In Las Vegas, combined revenue from Wynn and Encore totaled $661.9 million, a 5.9% year-over-year increase driven by stronger gaming activity and gains in market share. The segment’s adjusted Property EBITDAR stood at $232.5 million.

Encore Boston Harbor reported slight declines, with quarterly revenue of $205.7 million and property EBITDAR of $50.5 million, attributed to lower gaming win rates.

Wynn also highlighted ongoing progress on its Wynn Al Marjan Island project in the UAE, the declaration of a quarterly cash dividend of $0.25 per share, and the repurchase of approximately $54 million in company common shares during the quarter.