Wynn Palace delivered the strongest performance within the portfolio.
Macau.- Wynn Macau has reported a 14.2 per cent rise in first-quarter 2026 operating revenue to US$989.2m, driven mainly by strong growth at its Wynn Palace resort in Cotai. For the three months ended March 31, 2026, adjusted property EBITDAR for the group stood at US$279.4m, up 10.9 per cent year-on-year.
Wynn Palace delivered the strongest performance with operating revenues rising 23 per cent to US$659.3m. Casino revenue alone climbed to US$564.9m, a 27.1 per cent increase from the prior-year quarter. The property also saw gains across rooms, food and beverage and entertainment segments.
In contrast, Wynn Macau on the peninsula saw relatively flat performance, with operating revenue of US$329.9m compared with US$330m a year earlier. While casino revenue edged up slightly, overall earnings were weighed down by a decline in adjusted EBITDAR, which fell 16.2 per cent to US$75.6m.
Gaming taxes and cost pressures increased across both properties, but Wynn Palace’s stronger win rates helped offset some of the impact. The group’s total Macau assets stood at US$5.05bn as of March 31, 2026, slightly lower than US$5.16bn at the end of 2025, while long-term debt remained at just over US$5.85bn.
Craig Billings, chief executive of parent company Wynn Resorts Ltd, said: “In Macau, we saw a meaningful increase in gaming volumes year-on-year alongside healthy market share, and we were pleased to increase the dividend from Wynn Macau Ltd – a reflection of the strong free cash flow the business is generating.”
Wynn Palace delivered the strongest performance within the portfolio. Macau.- Wynn Macau has reported a 14.2 per cent rise in first-quarter 2026 operating revenue to US$989.2m, driven mainly by strong growth at its Wynn Palace resort in Cotai. For the three months ended March 31, 2026, adjusted property EBITDAR for the group stood at US$279.4m,…
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