The company’s $646.5 million in Adjusted Property EBITDAR topped the previous quarterly record set by Q4 2023’s $630.4 million and came in at an increase of $216.8 million compared to the same metric for the first quarter of 2023. for the company that saw new all-time highs in adjusted property EBITDAR, and the combination of the Super Bowl and Chinese New Year during the first quarter helped only build on that success.
Several key properties saw performance spikes during Q1 as well, with Wynn Palace, Wynn Macau, the company’s Las Vegas Operations, and Encore Boston Harbor all achieving year-over-year growth in revenue and adjusted property EBITDAR. The Wynn brand is notably recognized for its casino experiences, with a particularly strong presence in the global gaming hubs of Macau and Las Vegas.
Wynn Palace and Wynn Macau combined for $998.6 million in total operating revenues in the first quarter and $339.6 million in adjusted property EBITDAR.
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