Wynn Resorts Q2 2025 Earnings Call: Strong Performance, Future Outlook

Wynn Resorts reported Q2 2025 earnings, with CEO Craig Billings highlighting strong performance at Wynn Las Vegas. The company's President of Encore Boston Harbor, Brian Gullbrants, and CFO Julie Cameron-Doe also participated in the call. Earnings and revenue figures were not disclosed, but the presentation on the Investor Relations website provides more information on the company's performance.

Wynn Resorts (WYNN) reported its second-quarter (Q2) 2025 earnings, with CEO Craig Billings highlighting strong performance at Wynn Las Vegas. The company's President of Encore Boston Harbor, Brian Gullbrants, and CFO Julie Cameron-Doe also participated in the earnings call. While specific earnings and revenue figures were not disclosed in the initial release, the presentation on the Investor Relations website provides more detailed information on the company's performance.

According to the earnings call, Wynn Resorts reported operating revenues of $1.74 billion for the second quarter of 2025, an increase of $4.9 million from the same period last year. Net income attributable to the company was $66.2 million, compared to $111.9 million in the same quarter of 2024. Adjusted Property EBITDAR was $552.4 million, down from $571.7 million in the previous year.

CEO Craig Billings emphasized the company's continued strength, particularly in Las Vegas, where it set a new quarterly record for Adjusted Property EBITDAR. In Macau, while VIP hold negatively impacted results, the company generated healthy market share and significant free cash flow, supporting its investment in Macau properties and dividend program. Additionally, progress was made towards the completion of the Wynn Al Marjan Island project in the UAE, with key food and beverage partnerships and retail tenant agreements finalized.

The company also focused on returning capital to shareholders through a cash dividend and $158 million in stock repurchases during the quarter. The presentation on the Investor Relations website provides a comprehensive overview of the company's financial performance and strategic initiatives.

References:
[1] https://finance.yahoo.com/news/wynn-wynn-q2-earnings-taking-230004105.html
[2] https://www.nasdaq.com/articles/wynn-resorts-wynn-q2-earnings-and-revenues-miss-estimates
[3] https://www.nasdaq.com/press-release/wynn-resorts-limited-reports-second-quarter-2025-results-2025-08-07