Hong Kong-listed Wynn Macau Limited (Wynn Macau) released key highlights of the unaudited first-quarter 2026 results of its controlling shareholder, Wynn Resorts, Limited. The figures, prepared under U.S. GAAP, focus on Macau operations—Wynn Palace and Wynn Macau—and therefore reflect the underlying performance of the Hong Kong entity’s core assets.

Revenue and Earnings Performance • Wynn Palace generated operating revenue of USD 659.34 million, up 23.00% year on year, supported by a 27.10% rise in casino revenue to USD 564.92 million. Adjusted Property EBITDAR climbed 25.90% to USD 203.82 million. • Wynn Macau recorded operating revenue of USD 329.85 million, broadly flat versus the prior-year period, while Adjusted Property EBITDAR fell 16.20% to USD 75.62 million. • On a consolidated basis, Wynn Resorts saw operating revenue growth of USD 123.40 million at Wynn Palace and a marginal USD 3.60 million decline at the Wynn Macau property compared with Q1 2025.

Gaming Metrics • At Wynn Palace, mass-market table games win rate improved to 26.6% (Q1 2025: 24.8%), and VIP win rate rose to 3.11% (Q1 2025: 2.61%). • At Wynn Macau, mass-market table games win rate narrowed to 15.1% (Q1 2025: 18.7%), while VIP win rate dropped sharply to 0.39% from 1.09%, reflecting reduced VIP turnover of USD 585.89 million, down 59.20%. • Slot machine handle advanced 17.10% at Wynn Palace and 45.20% at Wynn Macau, driving slot wins of USD 35.46 million and USD 36.21 million respectively.

Non-Gaming and Hotel Indicators • Wynn Palace achieved near-full occupancy at 99.1%, with ADR up 3.60% to USD 230 and REVPAR up 4.6% to USD 228. • Wynn Macau posted 99.7% occupancy; however, ADR contracted 4.70% to USD 223, leading to a 4.30% dip in REVPAR to USD 222.

Balance-Sheet Snapshot (Group Level) • Cash and cash equivalents stood at USD 1.19 billion as at 31 March 2026, including USD 850.90 million held by Wynn Macau and its subsidiaries. • Short-term investments at Wynn Macau totaled USD 607.60 million. • Available borrowing capacity amounted to USD 2.59 billion across the WRF and WM Cayman II revolving credit facilities. • Total debt was USD 10.52 billion, of which USD 5.76 billion related to Macau operations.

Management Commentary Chief Executive Officer Craig Billings highlighted “meaningful increases in gaming volumes year-over-year alongside healthy market share” in Macau and noted the capacity to raise dividends at Wynn Macau on the back of strong free cash flow generation.

Cautionary Note The disclosed figures are unaudited and prepared under U.S. GAAP, which differs from IFRS used by Wynn Macau. Investors are advised that Wynn Macau’s own first-quarter 2026 results may vary and should exercise caution when dealing in the company’s securities.