Wynn Resorts, Limited (WYNN) Q2 2026 Earnings Call Transcript

Conference Call Participants

Shaun Kelley – BofA Securities, Research Division
Daniel Politzer – JPMorgan Chase & Co, Research Division
Stephen Grambling – Morgan Stanley, Research Division
Elizabeth Dove – Goldman Sachs Group, Inc., Research Division
John DeCree – CBRE Securities, LLC, Research Division
Robin Farley – UBS Investment Bank, Research Division
Brandt Montour – Barclays Bank PLC, Research Division
Chad Beynon – Macquarie Research
Steven Wieczynski – Stifel, Nicolaus & Company, Incorporated, Research Division
Barry Jonas – Truist Securities, Inc., Research Division

Presentation

Operator

Welcome to the Wynn Resorts Second Quarter 2026 Earnings Call. [Operator Instructions] This call is being recorded. If you have any objections, you may disconnect at this time. I will now turn the line over to Craig Fullalove, Chief Financial Officer. Please go ahead.

Craig Fullalove
Chief Financial Officer

Thank you, operator, and good afternoon, everyone. On the call with me today are Craig Billings and Brian Gullbrants in Las Vegas. Also on the line are Jenny Holaday, Linda Chen and Frederic Luvisutto. Please note that we published a presentation to provide more color on the company and recent performance ahead of this call. You can find the presentation on our Investor Relations website.

I want to remind you that we may make forward-looking statements under safe harbor Federal Securities Laws, and those statements may or may not come true. I will now turn the call over to Craig Billings.

Craig Billings
CEO & Director

Thanks, Craig. Good afternoon, everyone, and as always, thank you for joining us. I’m going to jump right into the quarter, starting here in Las Vegas. Wynn Las Vegas delivered $215 million of EBITDAR in the quarter with particular strength in May. Adjusting for

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