News Formal

Wynn Books Back-to-Back Records in Adjusted Property Earnings

  • 📰 Covers
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The casino gaming giant achieved year-over-year increases in revenue in Q2, with all but one property reporting revenue boosts too.

“Our second quarter results, including a new second quarter record for Adjusted Property EBITDAR, reflect continued strength throughout our business,” said Craig Billings, CEO of Wynn Resorts. for all-time quarterly adjusted property EBITDAR in Q1 with $646.5 million. Although Q2’s performance did not break that record, the $571.7 million reported was still a new second-quarter record for the metric and blew past Q2 2023’s $524.5 million.

The Wynn Resorts brand is associated with a focus on high-end luxury casino resort experiences, and its global properties anchored its second-quarter record performance. Encore Boston Harbor was the only property to report a decrease in both revenue and adjusted property EBITDAR for the second quarter, with $9.2 million and $7 million less than Q2 2023, respectively.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 341. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As Scottie Scheffler breaks records, his caddie makes records earningsCaddie Ted Scott has made more money than most players on the PGA Tour this year — including Dallasite Jordan Speith.
Source: dallasnews - 🏆 18. / 71 Read more »