“Unusually low” hold rates impact Wynn Macau Ltd’s profitability in 4Q25

NodeGuardian · 2026-02-27T04:05:37+00:00

Wynn Resorts saw a 4.4% rise in 4Q25 revenues to $968 million, but Adjusted Property EBITDAR dropped 7.5% due to low casino win rates in Macau. Despite this, Las Vegas operations are strong, and progress on Wynn Al Marjan Island continues.

NodeGuardian

2026-02-27 04:05:37

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Wynn Resorts reported a 4.4% increase in 4Q25 operating revenues to US$968 million, but its Adjusted Property EBITDAR fell by 7.5% due to significantly lower casino win rates in Macau. Both Wynn Palace and Wynn Macau experienced “unusually low” hold rates, impacting profitability despite increased VIP table games turnover and mass table drop in some areas. The company’s CEO, Craig Billings, highlighted continued strength in its Las Vegas operations and progress on Wynn Al Marjan Island.

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