Wynn Resorts Pushes Ahead in the UAE—Could Al Marjan Island Be Its $5 Billion Game-Changer?

Wynn Resorts recently announced its financial results for the second quarter of 2025, highlighting both positive developments and challenges faced across its key markets. In Las Vegas, Wynn Resorts reported record EBITDAR for the second quarter, reaching $235 million, a 2% yearover-year increase. This growth reflects strong demand, with total casino revenues up by 14.5%. The company was also successful in increasing its revenue per available room (REVPAR) by over 1%, indicating effective rate management, especially prioritizing midweek rates over occupancy. Las Vegas’s future seems optimistic, with a solid booking pace into the year’s end and 2026 looking like a record year for group bookings. However, the unpredictability surrounding tariffs adds an element of risk to future development plans, particularly regarding the Encore Tower Remodel, now anticipated to start in 2026.