Wynn Resorts Q3 profit rebounds after prior-year loss

  • UM News
  • Posted 4 months ago
00:00 / 00:00

Wynn Resorts‘ Q3 of 2025 brought the operator back to profit, recording a net income of $88.3 million. The figure shows a major difference compared to a loss of $32.1 million in the same quarter last year. The revenue from operations increased to $1.83 billion, which is $140.4 million higher than the $1.69 billion in 

Wynn Resorts‘ Q3 of 2025 brought the operator back to profit, recording a net income of $88.3 million.

The figure shows a major difference compared to a loss of $32.1 million in the same quarter last year. The revenue from operations increased to $1.83 billion, which is $140.4 million higher than the $1.69 billion in the same period last year.

CEO of Wynn Resorts Craig Billings shared his thoughts on the quarter a statement:

“Our third quarter results were marked by impressive EBITDA growth in Macau, and continued outperformance in Las Vegas. In Macau, we achieved healthy market share and saw a significant increase in mass table drop year over year. In Las Vegas, the team delivered another quarter of year over year EBITDA growth and continued to take gaming market share.”

He added that the Las Vegas team posted another strong quarter of EBITDA growth and that work on Wynn Al Marjan Island is moving forward, with concrete now being poured for the last few floors of the 70-storey tower.

The Adjusted Property EBITDAR also got better, with a rise to $570.1 million from $527.7 million of the previous year.

 

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