Wynn Resorts Q2 2021 Earnings Report
Key Takeaways
Wynn Resorts, Limited reported strong performance in the second quarter of 2021, with significant increases in operating revenues across its properties compared to the same period in 2020. The company's U.S. operations showed particularly strong recovery, with Adjusted Property EBITDA well above pre-pandemic levels. While Macau experienced some challenges, there was encouraging demand during the May holiday period.
Operating revenues increased to $990.1 million, up from $85.7 million in the second quarter of 2020.
Net loss attributable to Wynn Resorts, Limited was $131.4 million, a significant improvement from the $637.6 million loss in the second quarter of 2020.
Adjusted Property EBITDA increased substantially across the company's integrated resort properties.
WynnBET online casino and sports betting app is available in six states, with further launches planned.
Wynn Resorts
Wynn Resorts
Wynn Resorts Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income