Wynn Resorts Delivers Record EBITDAR in Q1 2024 Amid Strong Performance Across Global Markets
Wednesday, 8 May 2024, 05:30
Wynn Resorts Q1 2024 Financial Performance Review
Wynn Resorts posted all-time record EBITDAR of $647 million in Q1 2024, supported by strong performance across global markets.
Key Highlights:
- All-time record property EBITDAR of $647 million
- Las Vegas delivered $246 million of adjusted property EBITDAR, up 6% year-on-year
- Boston's Encore generated $63 million of EBITDAR
- Macau reported $340 million of EBITDAR, above prior quarter and 2019 levels
Craig Billings, CEO of Wynn Resorts, highlighted the company's strong financial position and ongoing development projects that signal future growth potential across various markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.