Wynn Resorts reports decreased Q3 2026 revenue and net income

Wynn Resorts, an international casino and hospitality company, reported a decline in financial results for the third quarter of 2026. The company recorded revenues of $1.69 billion, down from $1.83 billion during the same period in the previous year. This decrease was attributed to slower market conditions and suboptimal hold rates in Las Vegas.

Net income for the quarter fell significantly to $17.3 million, compared to $88.3 million in the third quarter of 2025. Adjusted property EBITDAR also saw a decline, dropping to $464.2 million from $570.1 million in the prior-year period.

Regional performance showed setbacks across multiple locations. Wynn Palace revenues decreased to $583.8 million, while adjusted EBITDAR from the Macau venue fell to $165.8 million. In Las Vegas, operations recorded $575.2 million in revenue, down from $621 million the previous year. Additionally, Encore Boston Harbor reported $194.7 million in revenue, a decrease from $211.8 million in Q3 2025.