Wynn Resorts files notice of Wynn Macau interim report with SEC

Published 04/09/2025, 21:24
© Reuters.

Wynn Resorts Ltd (NASDAQ:WYNN) submitted a filing with the Securities and Exchange Commission on Thursday to announce that its indirect subsidiary, Wynn Macau, Limited, has filed its interim report for the six months ended June 30, 2025, with The Stock Exchange of Hong Kong Limited. The company, currently valued at $12.6 billion, has demonstrated strong financial health with an impressive 68% gross profit margin and robust revenue of $7 billion over the last twelve months.

According to the statement, Wynn Resorts owns approximately 72% of the ordinary shares of Wynn Macau , Limited. The interim report was furnished as an exhibit to the SEC filing. The parent company has shown remarkable market performance, with a 65% return over the past year and trading near its 52-week high of $128.53.

No additional financial results or operational updates were disclosed in the filing. The company noted that the information provided is not considered “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference in any filing under the Securities Act of 1933 unless specifically referenced.

This information is based on a press release statement filed with the SEC.

In other recent news, Wynn Resorts Ltd . announced that its subsidiary, Wynn Macau, Limited, has redeemed $1 billion in senior notes due 2026. This redemption was completed according to the terms of the notes’ indenture and was reported in a filing with the Hong Kong Stock Exchange. Additionally, Wynn Macau plans to issue $1 billion in new senior notes due 2034, with an expected issuance date in August 2025. In a notable development, UBS has upgraded Wynn Resorts’ stock rating to Buy from Neutral, with a revised price target of $147, citing growth prospects in Macau and potential in the UAE. Mizuho also raised its price target for Wynn Resorts to $126, maintaining an Outperform rating, and noted improving conditions in Macau as a key factor. These recent developments reflect a strategic focus on financial restructuring and positive market sentiment.

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