Wynn Resorts, Limited reported significant improvement in its Macau operations during the three months to 30 September 2025, with operating revenues rising by 14.8% year-on-year and 13.4% quarter-on-quarter to US$1.01 billion.
The company pointed to improved mass table drop – particularly at Cotai integrated resort Wynn Palace – for the improvement, as well as high VIP hold, reversing the low-hold experienced in the June quarter. Mass drop grew by 15% year-on-year in 3Q25, including a 21.4% increase in drop at Wynn Palace.
Adjusted Property EBITDA of US$308 million was up from US$263 million a year earlier and from US$254 million in 2Q25.
By property, Wynn Palace was the standout performer with casino revenue rising 29.8% year-on-year to US$542.4 million and Adjusted Property EBITDAR by 23.4% to US$200.3 million. VIP turnover grew by 1.9% to US$3.26 billion although VIP win was up 56.7% to US$152.5 million.
