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VIP gaming margin compression

1 story · First covered May 10, 2026 · Latest 3d ago
VIP gaming margin compression Coverage
Wynn Palace Carried Macau This Quarter. Wynn Macau Didn't.

Wynn Palace Carried Macau This Quarter. Wynn Macau Didn't.

Wynn's combined Macau EBITDAR grew 10.9% to $279.4 million, but that headline hides a 16.2% decline at the older property while Wynn Palace surged 25.9%. The divergence tells you everything about where luxury gaming margin actually lives now.