WYNN changes
Pick any two versions below to diff them.
- Price
- $83.11 → $87.30(+5.0%)
- Recent events
- Nov 5, 2026: Wynn reported Q3 2026 results. Revenue fell to $1.69 billion from $1.83 billion. Net income was $17.3 million, or $0.17 per diluted share, and adjusted EPS was $0.33. Adjusted Property EBITDAR fell to $464.2 million from $570.1 million. Wynn Palace fell to $165.8 million from $200.3 million, and Wynn Macau fell to $89.5 million from $108.0 million. Las Vegas fell to $158.8 million from $203.4 million, with table hold of 18.9%, below the expected range of 22% to 26%. Encore Boston Harbor fell to $50.1 million from $58.4 million, with a strike since early September. Nov 5, 2026: Wynn said that Wynn Al Marjan Island is on track to open in September 2027. Wynn put $62.2 million into the joint venture in Q3 2026, for a total of $1.12 billion. Wynn bought back $58.1 million of stock in Q3, which left $268.0 million of authorization, and the board declared a $0.25 per share dividend. Nov 1, 2026: Macau gaming revenue for October 2026 was MOP 21.68 billion, 10.0% lower than a year earlier. It was the fifth monthly fall in a row. Gaming revenue for the first ten months of 2026 was MOP 208.8 billion, 1.6% higher than a year earlier. Oct 23, 2026: A subsidiary of Wynn Macau, Limited committed up to MOP 1.365 billion to a Macau government investment fund, as part of its non-gaming investment obligations. Oct 12, 2026: Jefferies said that its checks show Macau gaming revenue for October 2026 on track to fall 6% to 10% from a year removed: earlier, against market forecasts of no change. added: earlier. Visitor arrivals in the Golden Week holiday rose 15.5%. On October 10, Macau's Chief Executive said that the government keeps its 2026 gaming revenue forecast of MOP 236 billion and will look at October revenue before it decides on a change. Oct 6, 2026: Wynn said it will report Q3 2026 results on November 5, 2026, after the market closes. Oct 1, 2026: Macau gaming revenue for September 2026 was 1.2% lower than a year earlier, at MOP 18.06 billion. It was the fourth monthly fall in a row and the lowest monthly total of 2026. Sep 22, 2026: Wynn Resorts Finance, a Wynn subsidiary, issued $900 million of 6.875% senior notes due 2035, priced on September 10. It will use the money and cash on hand to redeem the $880 million of Wynn Las Vegas 5.250% notes due 2027. The new notes carry a higher interest rate. Sep 22, 2026: Caesars Entertainment shareholders approved its sale to Tilman Fertitta, who owned about 12% of Wynn in Wynn's 2026 proxy. The US Federal Trade Commission asked for more information on the deal on September 14, so the deal has not closed. Sep 17, 2026: Wynn's CEO and CFO each gave up 10% of their cash salary through July 31, 2027, in exchange for stock options with an exercise price of $82.96. Sep 16, 2026: The US Federal Reserve raised its interest rate target by 0.25 percentage points, to 3.75% to 4.00%. Sep 1, 2026: Macau gaming revenue for August 2026 was 1.2% lower than a year earlier. It was the third monthly fall in a row, after a fall of 8.4% in July. Aug 4, 2026: Wynn reported Q2 2026 results. Revenue was $1.86 billion. Net income was $140.1 million, up from $66.2 million a year earlier. Diluted earnings per share were $1.32, up from $0.64. Adjusted Property EBITDAR was $568.3 million, up 2.9%. Aug 4, 2026: In Q2 2026, Wynn Palace kept 29.7% of mass-market table bets, against 22.3% a year earlier, which lifted its profit 28%. Las Vegas profit fell 8.3% to $215.2 million, and Encore Boston Harbor profit fell 12.2%. Aug 4, 2026: The board declared a $0.25 per share quarterly dividend. Wynn also repurchased $75.0 million of stock during the quarter, leaving $326.1 million of buyback authorization remaining. Aug 4, 2026: Wynn said Wynn Al Marjan Island will now open in September 2027, about six months later than the prior target, after the project's budget rose by roughly $600 million. Wynn owns 40% of the project. It has put in $1.06 billion and expects to put in $525 million to $650 million more, which also covers a second hotel at Al Marjan due in 2029. Jul 21, 2026: Macau approved a change to the Wynn Palace land concession for a new hotel, theatre, and event center. Wynn pays a land premium of about MOP 652 million (about $81 million). Wynn expects the new all-suite hotel tower, the Enclave at Wynn Palace, to cost $900 million to $950 million. Jun 29, 2026: Moody's kept Wynn's B1 rating, but changed the outlook to stable from positive in a note reported on this date, because Wynn has not reduced its debt as much as expected. May 28, 2026: Tilman Fertitta, Wynn's largest individual shareholder with about 12% in Wynn's 2026 proxy, agreed to buy Caesars Entertainment for $17.6 billion, including debt. Filings show that his companies have sold call options on Wynn shares since October 2025. Apr 1, 2026: Craig Fullalove became Wynn's Chief Financial Officer, succeeding Julie Cameron-Doe, who retired after more than four years in the role. Mar 11, 2026: Wynn said construction at Wynn Al Marjan Island resumed after a short pause. The pause came during Iranian strikes on the UAE, which started on February 28, 2026.