The breakdown of operating revenues showed increases at Wynn Palace, Wynn Macau, Las Vegas Operations, and Wynn Interactive, while Encore Boston Harbor experienced a slight decrease compared to Q3 2022. He attributed the success to outstanding performances at Wynn Las Vegas and Encore Boston Harbor, which achieved a new third-quarter record for Adjusted Property EBITDAR at their combined North American properties.īillings also highlighted the positive developments in Macau, where the recovery showed progress in mass gaming, luxury retail, and hotel businesses. Wynn Resorts CEO, Craig Billings, expressed satisfaction with the results, emphasizing the ongoing strength across the company’s property portfolio. Net loss attributable to Wynn Resorts was $116.7 million for Q3 2023, an improvement from the net loss of $142.9 million in Q3 2022. The company reported operating revenues of $1.67 billion, marking a significant increase of $782.2 million compared to the same period in 2022. CEO Craig Billings Applauds Wynn Resorts’ Q3 Success and Diverse Portfolio Strength
Wynn Resorts, a leading global hospitality and entertainment company, announced stellar financial results for the third quarter ended September 30, 2023.