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0:00 / 0:00I. Financial Performance and Results of Operations
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Wynn Resorts Revenues Drop 8.7% Amid Macau VIP Slump

WYNN10-QFiling Date: 5/6/2025
Wynn Resorts, Limited
Description

What this story covers

Wynn Resorts' Q1 2025 10-Q reveals an 8.7% revenue decline to $1.7B, driven by Macau's lower VIP hold rates and no Super Bowl boost in Las Vegas. Non-gaming resilience and cost cuts supported $533M EBITDAR. Liquidity at $2.1B funds UAE expansion amid stable debt and hedging strategies. No new risks noted.

Story snapshot

CompanyWynn Resorts, Limited
TickerWYNN
VariantStandard detailed
Duration11:56
Filing type10-Q
PeriodQ1 2025
IndustryConsumer Services
Accession0001174922-25-000084

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