Wynn Resorts (WYNN) Stock News

Wynn Resorts (NASDAQ: WYNN) has scheduled its second quarter 2025 financial results release for Thursday, August 7, 2025, after market close. The company will host a conference call at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results.

Investors can access the call through the company's website at www.wynnresorts.com under the "Investors" section or by dialing (888) 455-5965 (US) or (773) 799-3869 (International) with access code 1056446. A replay will be available until September 7, 2025.

Wynn Resorts (NASDAQ:WYNN) has unveiled details of Enclave, an exclusive luxury destination within its upcoming Wynn Al Marjan Island resort in Ras Al Khaimah, UAE, set to open in early 2027. The Enclave will feature 313 premium rooms including six distinct plans, ranging from 800-square-foot King Suites to 16,000-square-foot Royal Apartments.

Located at the top of the resort's 1,000-foot iconic tower, Enclave will offer private amenities including exclusive pools, beach access, a Lebanese restaurant, and a private lobby lounge. The development is part of the larger Wynn Al Marjan Island project, which will encompass 1,530 total rooms and suites, 22 dining venues, and extensive luxury amenities across 60 hectares.

Wynn Las Vegas (WYNN) announces the return of its culinary festival Revelry, scheduled for September 19-27, 2025. The festival features world-renowned chefs, vintners, and mixologists from Wynn's global properties. The marquee event, The Feast, priced at $395, will showcase themed culinary realms including Four Sixes Ranch Cookout, Destination: Mexico, Postcards from the Mediterranean, Passage Through Asia, and Sweet Dreams. The festival includes exclusive events like the All-Star Chefs Dinner at $795 per person, featuring James Beard Foundation honorees. Additional highlights include culinary collaboration dinners priced at $395-500 per person and Connoisseur Classes ranging from $195-250, covering topics from BBQ mastering to whisky tasting. The event is co-produced by Wynn Las Vegas and Elizabeth Blau, with American Express as the presenting sponsor.

Wynn Resorts (WYNN) has completed the acquisition of Wynn Mayfair, a prestigious private members-only club in London's Mayfair district, after receiving UK Gaming Commission approval. The historic venue, located at 27-28 Curzon Street, features 20 gaming tables across the main floor, rooftop terrace, and six private salons. The property includes The Bar and The Dining Room, now open to the public, offering specialty cocktails, wines, and locally sourced dishes. Formerly known as the White Elephant Club in the 1960s, the venue has a rich history of hosting celebrities and royalty. This expansion strengthens Wynn's European presence ahead of its Wynn Al Marjan Island resort opening in UAE in 2027.

Wynn Resorts (NASDAQ: WYNN) reported its Q1 2025 financial results with operating revenues of $1.70 billion, down from $1.86 billion in Q1 2024. Net income decreased to $72.7 million ($0.69 per diluted share) from $144.2 million ($1.30 per diluted share) year-over-year. Adjusted Property EBITDAR was $532.9 million, down from $646.5 million. The company saw revenue declines across all properties: Wynn Palace (-$51.0M), Wynn Macau (-$81.8M), Las Vegas Operations (-$11.3M), and Encore Boston Harbor (-$8.6M). Despite challenges, the company maintained market share in Macau and continued construction of Wynn Al Marjan Island in the UAE. The company returned capital to shareholders through a $0.25 quarterly dividend and repurchased $200 million of stock during the quarter.

Wynn Resorts (NASDAQ: WYNN) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, after market close. The company will host a conference call at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results.

Investors can access the live broadcast at www.wynnresorts.com under the Company Information section. Call-in options include (888) 455-5965 for domestic callers and (773) 799-3869 for international participants, using access code 1056446.

A replay will be available through June 6, 2025, accessible via (866) 361-4942 (domestic) or (203) 369-0190 (international) with replay code 3574189. The call recording will also be archived on the company's website.

Wynn Resorts (NASDAQ: WYNN) has announced the nomination of Anthony Sanfilippo to its Board of Directors for election at the 2025 Annual Meeting on April 30, 2025. Sanfilippo, former Chairman and CEO of Pinnacle Entertainment, brings over 35 years of hospitality and gaming industry experience to the board.

During his tenure at Pinnacle Entertainment, Sanfilippo led multiple strategic transactions and organic growth initiatives. His previous roles include serving as President and CEO of Multimedia Games Inc. and as Division President at Caesars Entertainment.

The nomination comes as Margaret "Dee Dee" Myers, who has served on the board since 2018, has decided not to seek re-election. Board Chairman Philip G. Satre highlighted that the nomination follows a record financial and operational year for Wynn Resorts, emphasizing the company's focus on global growth and diversification to drive long-term value.

Wynn Resorts has maintained its position as the independent hotel company with the most Forbes Travel Guide Five-Star Awards globally for 2025. Wynn Palace continues to be the world's largest Forbes Five-Star resort and, together with Wynn Macau, they are the only resorts worldwide to receive six individual Five-Star awards in 2025.

Notably, Wynn Palace holds the distinction of having the most Five-Star restaurants of any individual resort globally for the sixth consecutive year, including Chef Tam's Seasons, SW Steakhouse, Mizumi, and Sushi Mizumi. At Wynn Las Vegas, Wing Lei maintains its status as North America's only Five-Star Chinese restaurant, while Encore Boston Harbor remains the largest Five-Star regional resort casino in North America.

Wynn Resorts (NASDAQ: WYNN) reported Q4 2024 financial results with operating revenues of $1.84 billion, flat compared to Q4 2023. Net income was $277.0 million, down from $729.2 million in Q4 2023, which included a one-time tax benefit of $474.2 million. Adjusted Property EBITDAR was $619.1 million, slightly down from $630.4 million in Q4 2023.

The company showed mixed performance across properties: Wynn Palace revenues increased by $38.6 million, Las Vegas Operations grew by $2.7 million, while Wynn Macau and Encore Boston Harbor saw decreases of $22.5 million and $4.5 million respectively. The company declared a cash dividend of $0.25 per share and repurchased $200.3 million worth of shares during Q4.

Construction of Wynn Al Marjan Island in the UAE continued to advance, with the thirty-fifth floor completed. The company contributed $99.0 million to this project during Q4, bringing total contributions to $631.7 million.