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Wynn targets UAE market share and free cash flow growth with Wynn Al Marjan Island opening amid strong Las Vegas and Macau performance Nov. 06, 2025 7:17 PM ETWynn Resorts, Limited (WYNN) StockAI-Generated Earnings Calls Insights Comments Earnings Call Insights: Wynn Resorts, Limited (WYNN) Q3 2025 Management View CEO Craig Billings highlighted notable gaming market share gains at Wynn Las Vegas, with EBITDA growth on a hold adjusted basis of 3% to $211 million and casino revenues up 10%. Billings stated, "Demand Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking Alpha website. The insights are generated by an AI tool and have not been curated or reviewed by editors. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of the earnings call insights cannot be guaranteed. Please see full earnings call transcripts here. The earnings call insights are intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Quick Insights Las Vegas performance is driven by gaming market share gains, strong casino demand, high EBITDA margins, and anticipated upside from events and group business, while Macau benefits from double-digit market-wide growth in GGR and mass volumes, with notable EBITDA contributions aided by VIP hold and ongoing capital projects. Wynn Al Marjan Island is expected to deliver significant first-mover advantage as no announced competition currently exists, with initial full market share, a major development opportunity in the UAE gaming market, and minimal required equity investment; management expresses confidence in its future earnings contribution. Key risks include macroeconomic and geopolitical uncertainty affecting Las Vegas, temporary reduction of room nights during Encore Tower remodel, 'hand-to-hand combat' competitive pressures in Macau, rising labor costs in Boston, and potential disruption from capital projects and weather events. Recommended For You More Trending News
