The Encore Boston Harbor property showed an adjusted Property EBITDAR loss of $0.6M for the quarterĬEO update: 'Our teams at Wynn Las Vegas and Encore Boston Harbor delivered a new third-quarter record for Adjusted Property EBITDAR at our combined North American properties as we continue to elevate our properties above those of our peers.
Adjusted Property EBITDAR increased $198.9M at Wynn Palace, $121.7M at Wynn Macau, $24.0M in Las Vegas, and $12.9M for Wynn Interactive. That tally also beat the consensus estimate of $504M. Net income attributable to Wynn Resorts ( WYNN ) was $112.0M for Q3, compared to net loss of $135.4M a year ago.Īdjusted property EBITDAR for the quarter improved to $530.4M from $173.5M a year ago.
Operating revenue fell $1.4M at Encore Boston Harbor. Operating revenue increased across the Wynn Palace (+$449.5M), Wynn Macau (+$254.6.0M), Las Vegas (+$74.6M), and Wynn Interactive (+$4.8M) segments. The casino giant reported that overall operating revenue rose 88% year-over-year to $1.67B vs. Wynn Resorts Limited ( NASDAQ: WYNN) fell in postmarket trading on Thursday, despite posting Q3 results slightly higher than expectations.
