secwatch.observer — SEC 8-K summary
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Issuer:     WYNN RESORTS LTD (WYNN)
CIK:        0001174922
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001174922-25-000111
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wynn Q2 net income falls to $66.2M from $111.9M; Las Vegas EBITDAR sets Q2 record
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- Net income $66.2M ($0.64 diluted EPS) vs $111.9M ($0.91) YoY; adjusted EPS $1.09 vs $1.12.
- Revenue $1.74B (+$4.9M YoY); Adjusted Property EBITDAR $552.4M (-$19.3M YoY).
- Las Vegas Operations Q2 EBITDAR record $234.8M; Macau down on lower VIP hold at Wynn Palace.
- Board declares $0.25/share dividend (payable Aug 29); repurchased $158M of stock in Q2.
- UAE Wynn Al Marjan Island (60+ floors poured) on track for 2027; debt amendments extended maturities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174922/000117492225000111/0001174922-25-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174922/000117492225000111/wynn-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001174922-25-000111

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer