Wynn Resorts Ltd

WYNN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Wynn Earnings: Macao Demand Recovery Supports Strong Performance; Shares Fully Valued

Dan Wasiolek , Aidan Kernell

Nov 7, 2025

Wynn Resorts' third-quarter revenue increased 8%, driven by a 15% lift in Macao, with Las Vegas up 2%. However, Las Vegas had 60 basis points of EBITDA compression on a lower hold rate.

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Wynn Resorts Ltd

Wynn Earnings: Macao Demand Recovery Supports Strong Performance; Shares Fully Valued

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