Wynn Resorts is doubling down on its investment in a new IR in the UAE, with Wynn Al Marjan Island expected to get a $900 million investment from the company, of the total $4 billion needed for the project. The group's CEO notes that construction is going smoothly, with expectations to open the property by 2027.

Wynn Resorts' Chief Executive Officer, Craig Billings, revealed recently that the group's Wynn Al Marjan project in the UAE should absorb almost $900 million in investment. As for Thailand, the group is "actively" considering possible greenfield development opportunities and observing the development of its future gaming regulatory framework.

The CAPEX related to Wynn Macau‘s concession commitments could range between $350 million and $500 million in total between 2024 and the end of 2025, according to the group's CFO.

Wynn Macau saw a 66.4 percent surge in its operating revenues during the first quarter of the year, on a yearly basis, hitting nearly $1 billion, far overshadowing its other segments.

Wynn Resorts has released new mock-ups of its integrated resort under construction in the United Arab Emirates.

Macau gaming operator Wynn Macau has granted 151 employees and executive director Frederic Jean-Luc Luvisutto the option to subscribe for an aggregate of 6,977,787 ordinary shares of HK$0.001 each.

Analysts from JP Morgan indicate that Wynn Macau’s 4Q23 EBITDA margin was near its 10-year highs thanks to 'strong cost control and growth in mass.’

Wynn Resorts saw a massive fourth quarter, with operating revenues rising to $1.84 billion, while net income surged to $729.2 million, as Wynn Palace delivered strong results.

Fitch Ratings has assigned a first-time 'BB-' Issuer Default Rating (IDR) to the Wynn Resorts group, together with a 'stable' outlook.

Wynn Macau is the latest to report a salary increase for staff, of up to 6 percent, effective March 1st.