Wynn Macau posts 4.4% revenue growth in Q4

Macau operations generated US$967.7m in quarterly revenue.

Macau.- Wynn Macau has shared its financial results for the fourth quarter and full year 2025. Operating revenue from Macau operations reached US$967.7m in Q4, a 4.4 per cent increase year-on-year. Adjusted property earnings before interest, taxation, depreciation, amortisation, and rents (EBITDAR) for the three months to December 31 were US$270.9m, down 7.5 per cent.

On a property basis, operating revenue from Wynn Palace reached US$596.4m, an increase of US$33.4m from US$562.9m. Adjusted Property EBITDAR from Wynn Palace was US$163.5m. Table games win percentage in mass market operations was 21.8 per cent, below the 26 per cent seen in the fourth quarter of 2024. VIP table games win as a percentage of turnover was 2.84 per cent, below the property’s expected range of 3.1 per cent to 3.4 per cent.

Operating revenue from Wynn Macau was US$371.3m, up from US$363.7m for the fourth quarter of 2024. Adjusted Property EBITDAR was $107.4m. The table games win percentage in mass market operations was 17 per cent and the VIP table games win as a percentage 3.49 per cent.

Wynn Resorts reported total operating revenue of US$1.87bn, a modest year-over-year improvement, but net income attributable to the company declined to US$100m, down from US$277m in Q4 2024. Adjusted Property EBITDAR for the group decreased to US$568.8m.

Craig Billings, CEO of Wynn Resorts, said: “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. In Macau, we saw substantial increases in both VIP turnover and mass table drop, year-on-year as well as sequentially. We also reached a significant milestone towards the completion and planned first quarter 2027 opening of Wynn Al Marjan Island, having topped out the tower in the quarter.”

See also:

See also: Macau sees 14.5 per cent rise in gaming tax collections for January

Macau operations generated US$967.7m in quarterly revenue. Macau.- Wynn Macau has shared its financial results for the fourth quarter and full year 2025. Operating revenue from Macau operations reached US$967.7m in Q4, a 4.4 per cent increase year-on-year. Adjusted property earnings before interest, taxation, depreciation, amortisation, and rents (EBITDAR) for the three months to December…