Wynn Resorts is a leading global developer and operator of luxury hotels and casinos, renowned for its high-end hospitality offerings and extravagant entertainment experiences. The company manages iconic resorts that feature world-class amenities, fine dining restaurants, vibrant nightlife, and extensive gaming facilities. With a focus on delivering exceptional customer service and innovative entertainment options, Wynn Resorts creates unique environments that cater to both leisure and business travelers, while also contributing to the tourism and hospitality industry in the destinations where it operates. Read More
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the casino operator industry, including PENN Entertainment (NASDAQ:PENN) and its peers.
Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it will release the Company’s financial results for the second quarter ended June 30, 2025 after the market close on Thursday, August 7, 2025, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET).
11 best performing large-cap stocks last week, including Symbotic, Nike, First Solar, Datadog, HPE, Summit Therapeutics, Carnival, POSCO, Wynn Resorts, SharkNinja, and Snap
The Macau Gaming Inspection and Coordination Bureau reported that casino revenue rose 19% to 21.06 billion Macanese patacas (MOP), equivalent to approximately $2.61 billion, last month.
Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN)
jumped 8.6% in the afternoon session after data showed that Macau's gaming revenue surged in June 2025, beating expectations.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
Let's have a look at what is happening on the US markets before the opening bell on Tuesday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Wynn Resorts’ first quarter results for 2025 came in below Wall Street’s expectations, with both revenue and adjusted profit missing analyst estimates. Management attributed the year-over-year decline primarily to challenging comparisons given last year’s Super Bowl boost in Las Vegas and lower VIP hold in Macau. CEO Craig Billings highlighted, “We were pleased to deliver another solid quarter of EBITDA here in Las Vegas on an impossible comp against the 2024 Super Bowl,” while also noting stable demand in core segments. The company managed to maintain healthy visitation and slot business, but operating margins compressed due to ongoing labor cost pressures and lower-than-normal VIP win rates.
Most consumer discretionary businesses succeed or fail based on the broader economy. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray,
and over the past six months, the industry has shed 7%. This performance was discouraging since the S&P 500 held steady.
Investors embraced a risk-on mood Monday, showing optimism that Iran might seek a diplomatic solution to the crisis despite continued hostilities with Israel.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
This development triggered a significant decline in oil prices, easing inflation concerns.
