🔥 Wynn Resorts, Limited Reports Fourth Quarter and Year End Results | Business Wire

Most Liked Casino Bonuses in the last 7 days 🔥

Filter:
Sort:
JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

Wynn Resorts Ltd does not currently have any hardcopy reports on engages in the development, ownership, and operation of destination casino resorts.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

Wynn Macau, one of Macau's six gaming concessionaires, said the closure of the special administrative region's casinos was costing it between US$ million and US$ million a day, most Business / Investor Relations.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

price information and investor relations on Wynn Resorts (WYNN US, WYNN. owns and operates luxury hotels and destination casino resorts in Las Vegas.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

Wynn Resorts Ltd does not currently have any hardcopy reports on engages in the development, ownership, and operation of destination casino resorts.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

🔥

Software - MORE
JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

The Investor Relations website contains information about Wynn Macau's Wynn Resorts Once Again Outranks All Other Casino Resorts On FORTUNE.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

🔥

Software - MORE
JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

Please contact our investor relations office at or at Wynn Macau Supplemental Information. Operating revenues. Casino. $.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

🔥

Software - MORE
JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

Our casino operations at Wynn Palace and Wynn Macau were closed for a Please contact our investor relations office at or at.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

🔥

Software - MORE
JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

Start a day free trial to Morningstar Premium to unlock our take on WYNN. [email protected] Industry Resorts & Casinos. Most Recent.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

🔥

Software - MORE
JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

When you visit our website, we store cookies on your browser to collect information. The information collected might relate to you, your preferences or your.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

🔥

Software - MORE
JK644W564
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 1000

Our casino operations at Wynn Palace and Wynn Macau were closed for a Please contact our investor relations office at or at.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
wynn casinos investor relations

However, Adjusted Property EBITDA should not be considered as an alternative to operating income as an indicator of our performance, as an alternative to cash flows from operating activities as a measure of liquidity, or as an alternative to any other measure determined in accordance with GAAP. The Company is under no obligation to and expressly disclaims any such obligation to update or revise its forward-looking statements as a result of new information, future events or otherwise. Foreign currency remeasurement loss gain. Adjusted Property EBITDA is presented exclusively as a supplemental disclosure because management believes that it is widely used to measure the performance, and as a basis for valuation, of gaming companies. Net income loss attributable to Wynn Resorts, Limited:. Entertainment, retail and other. Pre-opening expenses. This release contains forward-looking statements regarding operating trends and future results of operations. Slot machine win is calculated as gross slot machine win minus progressive accruals and free play. Note: Encore Boston Harbor ceased all operations and closed to the public on March 15, , and will remain closed until authorized to re-open under U. Adjusted net income loss attributable to Wynn Resorts, Limited and adjusted net income loss attributable to Wynn Resorts, Limited per diluted share are presented as supplemental disclosures to financial measures in accordance with GAAP because management believes that these non-GAAP financial measures are widely used to measure the performance, and as a principal basis for valuation, of gaming companies. Log In Sign Up. We have significant uses of cash flows, including capital expenditures, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDA. Three Months Ended March 31, Operating income loss 1. Other Macau. Operating income loss. Operating revenues:. Net income loss attributable to noncontrolling interests. Depreciation and amortization. Stock-based compensation. Property charges and other. In order to view the operations of their casinos on a more stand-alone basis, gaming companies, including us, have historically excluded from their EBITDA calculations preopening expenses, property charges, corporate expenses and stock-based compensation, that do not relate to the management of specific casino properties. Forward-looking Statements This release contains forward-looking statements regarding operating trends and future results of operations. Provision for income taxes. Net income loss attributable to Wynn Resorts, Limited. Nonrecurring regulatory expense. Contacts Vincent Zahn investorrelations wynnresorts. PT p. WRF plans to use the net proceeds from the offering for general corporate purposes and to pay related fees and expenses. Table games win is shown before discounts, commissions and the allocation of casino revenues to rooms, food and beverage and other revenues for services provided to casino customers on a complimentary basis. Adjusted net income loss attributable to Wynn Resorts, Limited and adjusted net income loss attributable to Wynn Resorts, Limited per diluted share may be different from the calculation methods used by other companies and, therefore, comparability may be limited. Non-GAAP Financial Measures 1 "Adjusted Property EBITDA" is net income loss before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other, management and license fees, corporate expenses and other including intercompany golf course and water rights leases , stock-based compensation, change in derivatives fair value, loss on extinguishment of debt, and other non-operating income and expenses. Net income loss. Total Macau Operations. Wynn Macau. Encore Boston Harbor. Average number of table games.{/INSERTKEYS}{/PARAGRAPH} Noncontrolling interests impact on adjustments. Provision for credit losses. Percent Change. The Notes will mature on April 15, and bear interest at the rate of 7. Macau Operations:. Management uses Adjusted Property EBITDA as a measure of the operating performance of its segments and to compare the operating performance of its properties with those of its competitors, as well as a basis for determining certain incentive compensation. ADR is average daily rate and is calculated by dividing total room revenues including complimentaries less service charges, if any by total rooms occupied. Corporate expenses and other. Weighted average common shares outstanding:. Income tax impact on adjustments. Adjusted net income loss attributable to Wynn Resorts, Limited per diluted share. Dividends declared per common share:. Three Months Ended March 31,. Change in derivatives fair value. Income loss before income taxes. In Macau, table drop is the amount of cash that is deposited in a gaming table's drop box plus cash chips purchased at the casino cage. At Encore Boston Harbor, table drop is the amount of cash and gross markers that are deposited in a gaming table's drop box. In Las Vegas, table drop is the amount of cash and net markers issued that are deposited in a gaming table's drop box. Also, our calculation of Adjusted Property EBITDA may be different from the calculation methods used by other companies and, therefore, comparability may be limited. Note: Our casino operations in Macau were closed for a day period in February and resumed operations on a reduced basis on February 20, Note: Wynn Las Vegas ceased all operations and closed to the public on March 17, , and will remain closed until authorized to re-open under U. Management and license fees. Total operating revenues. Las Vegas Operations. Our casino operations at Wynn Palace and Wynn Macau were closed for a day period in February and resumed operations on a reduced basis on February 20, We are currently unable to determine when these measures will be lifted. Corporate and other. Table games win percentage was Encore Boston Harbor ceased all operations and closed to the public on March 15, , and will remain closed until authorized to re-open under U. Wynn Palace Supplemental Information. Interest expense, net of amounts capitalized. Basic and diluted income loss per common share:. Unlike net income, Adjusted Property EBITDA does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. Food and beverage. Other income expense :. Casino Statistics:. Wynn Las Vegas ceased all operations and closed to the public on March 17, , and will remain closed until authorized to re-open under U. Operating expenses:. Adjusted net income loss attributable to Wynn Resorts, Limited. The Company also announced today that it has suspended its quarterly dividend program due to the financial impact of the coronavirus pandemic. Table games win percentage in mass market operations was VIP Table games win as a percentage of turnover was 4. Net income loss attributable to Wynn Resorts, Limited 1. We also present Adjusted Property EBITDA because it is used by some investors to measure a company's ability to incur and service debt, make capital expenditures and meet working capital requirements. Other income expense , net. Loss on extinguishment of debt. VIP table games win as a percentage of turnover was 2. General and administrative. Wynn Palace. Weighted average common shares outstanding - diluted. Property Results Macau Operations Our casino operations at Wynn Palace and Wynn Macau were closed for a day period in February and resumed operations on a reduced basis on February 20, Las Vegas Operations Wynn Las Vegas ceased all operations and closed to the public on March 17, , and will remain closed until authorized to re-open under U. Please contact our investor relations office at or at investorrelations wynnresorts. Interest income. Vincent Zahn investorrelations wynnresorts. REVPAR is revenue per available room and is calculated by dividing total room revenues including complimentaries less service charges, if any by total rooms available. {PARAGRAPH}{INSERTKEYS}While the current environment is clearly challenging, we are confident that travel and tourism will recover in both the U. Additional information concerning potential factors that could affect the Company's financial results is included in the Company's Annual Report on Form K for the year ended December 31, and the Company's other periodic reports filed with the Securities and Exchange Commission. Total operating expenses. Operating revenues. Less: net income loss attributable to noncontrolling interests.