Content Writer: Janice Chew • Wednesday, 26/08/2026 - 22:52:32 - PM
Wynn Macau Ltd reported combined operating revenue of more than US$1 billion in the second quarter of 2026, up 13.7% year-on-year, with Wynn Palace contributing most of the growth.
Wynn Palace generated US$653.4 million in operating revenue, an increase of 21.1%, while adjusted property EBITDAR rose 28.2% to US$201.5 million. In contrast, Wynn Macau recorded a smaller 2.1% revenue increase to US$351.1 million.
High Win Rate Boosts Wynn Palace
Wynn Palace’s strong performance was supported by an unusually high mass-table win rate of 29.7%, compared with 22.3% a year earlier.
Mass-table drop increased by only 3.0%, but mass-table win surged 36.9%. This shows that favourable gaming hold played a major role in the property’s revenue growth.
Wynn Macau experienced the opposite situation. Its mass-table drop rose 8.3%, but revenue growth remained limited as its win rate declined slightly.
Premium Mass Remains the Core Strategy
Wynn Resorts CEO Craig Billings said the company remains focused on premium-mass customers.
“We’re very focused on one particular customer type—premium mass.”
This strategy supports Wynn’s luxury positioning, with premium accommodation, dining, entertainment and personalised service designed to attract higher-value customers.
Although VIP turnover declined at both Macau properties, management said activity improved significantly in late July.
Strong Result, but Hold May Normalise
Wynn Palace remains the clear growth engine of Wynn Macau Ltd, benefiting from its Cotai location and strong premium-mass positioning.
However, the exceptionally high win rate means the quarter should be viewed carefully. Future revenue growth may be more moderate if hold returns to normal levels.
The key takeaway is that favourable gaming results made the quarter exceptional, but Wynn’s premium-mass strategy is what could support longer-term growth.