Wynn Macau Revenue Exceeds USD 1 Billion in Q2
Macau.- 6 August 2026 | www.zonadeazar.com Wynn Resorts’ Macau operations generated more than USD 1 billion in revenue during the second quarter of 2026, representing year-on-year growth of 13.7%.
The performance was led by Wynn Palace, which accounted for almost all of the group’s revenue growth during the period.
News Details
Adjusted property EBITDAR across Wynn’s two Macau properties increased by 17.1%, from USD 253.7 million to USD 297 million.
The adjusted property EBITDAR margin reached 29.6%.
Wynn Palace generated operating revenue of USD 653.4 million, an increase of 21.1% compared with the corresponding quarter of the previous year. Adjusted property EBITDAR rose by 28.2% to USD 201.5 million.
The property contributed USD 113.8 million of Wynn Resorts’ USD 119.1 million consolidated revenue increase during the quarter.
Wynn Macau delivered more moderate growth. Operating revenue increased by 2.1% to USD 351.1 million, while adjusted property EBITDAR declined by 1% to USD 95.5 million.
Industry Context
The performance was supported by strength in the mass-market segment, which offset a contraction in VIP activity.
Combined mass-market table drop across the two properties increased by approximately 5.5%. By contrast, combined VIP turnover declined by 36.8%.
At Wynn Palace, mass-market table drop increased by 3%, while table games win rose by 36.9%. The property recorded a mass-table win rate of 29.7%, compared with 22.3% one year earlier.
At Wynn Macau, mass-market table drop increased by 8.3% and slot handle grew by 18%. However, VIP turnover declined by 56.4%, while VIP win fell by 67%.
Daily operating expenses across the Macau properties, excluding gaming tax, increased by 9% year-on-year to approximately USD 2.9 million per day. Part of the increase was attributed to investment in the premium customer experience.
Statements
Craig Billings, Chief Executive Officer of Wynn Resorts, said:
“It is a very competitive market. It has been stable, particularly with respect to the promotional environment and reinvestment.”
Discussing the company’s approach to VIP credit, he stated:
“We tend to be very prudent with credit. We and others in the market have longstanding relationships with particular customers to whom we extend credit, which can help make those customers loyal.”
Commenting on the mass-market segment, he added:
“We are very focused on one particular customer type, and that happens to be the customer type driving the market at the moment.”
Next Steps or Impact
The company reported that VIP rolling-chip volumes and mass-market table drop began the third quarter slightly below the previous year’s levels due to the FIFA World Cup and normal seasonality.
Activity improved during the second half of July as the summer holiday period began, with the recovery continuing into early August.
Wynn will seek to maintain growth by attracting further premium and mass-market customers while preserving discipline around credit and promotional investment.
Editó: @fonta
