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Strong Las Vegas showing boosts Wynn’s 1st Q earnings results

Las Vegas Review-Journal·Richard N. Velotta·25 days ago
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Buoyed by strong results from its Las Vegas properties, Wynn Resorts Ltd. on Thursday reported it nearly doubled net income in the first quarter of 2026. The Las Vegas-based luxury resort company also cautioned that the Mideast war could result in a “modest delay” in the opening of its 40 percent-owned, $5.1 billion Wynn al Marjan Island project in the United Arab Emirates, due to supply line disruptions. Wynn CEO Craig Billings said he still anticipates a 2027 opening of the 1,542-room resort. “We do expect a modest delay in our opening timeline, and I expect that we will quantify that in the coming months,” Billings said in a conference call with investors. “That said, the project continues to move forward every day. Looking ahead, the UAE has world-class tourism infrastructure, unrivaled airport capacity and a strong policy framework.” Construction on the project shut down briefly at the height of Iranian attacks on the UAE in March, but work has now continued.…

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