{
  "id": 5992473,
  "title": "Wynn Resorts (WYNN) Doubles Its Profit But Cracks Are Showing",
  "url": "https://urgent.news/2026/09/06/wynn-resorts-wynn-doubles-its-profit-but-cracks-are-showing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-06T13:27:04.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/wynn-resorts-wynn-doubles-profit-132704112.html"
  },
  "original_language": "en",
  "account": "Wynn Resorts (WYNN) reported a significant increase in net income for the second quarter of 2026, doubling to $140.1 million from $66.2 million the previous year. Revenue also rose to $1.86 billion, with diluted earnings per share reaching $1.32 from $0.64. However, not all properties performed well; Las Vegas and Boston experienced a decline in profits, while Wynn Palace drove the quarter's success. Macau's Wynn Palace was the star of the quarter, with revenue increasing by $113.8 million to $653.4 million and Adjusted Property EBITDAR rising to $201.5 million from $157.2 million. The mass market table games win percentage rose to 29.7%, indicating higher spending from regular gamblers. Las Vegas properties also showed discipline, with a table games win percentage of 23.9%, which was within the expected range. Wynn Resorts paid a quarterly dividend of $0.25 per share to shareholders and repurchased 741,098 shares worth $75.0 million. Wynn Al Marjan Island construction continues, with $1.06 billion in life-to-date cash contributions. Three out of four properties showed a decline in Adjusted Property EBITDAR, with Las Vegas and Encore Boston Harbor experiencing the most significant drops. Macau's EBITDAR also decreased despite a rise in revenue. The debt stands at $10.72 billion, and Wynn Al Marjan Island's opening in September 2027 remains an important test for the company's growth story.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}