Wynn Palace revenue hits record high, fueled by slot performance and mass-market growth, says brokerage
Monday 10 de November 2025 / 12:00
2 minutos de lectura
(Macau).- According to a J.P. Morgan report released on Friday, Wynn Palace’s slot and mass-market revenue reached a record high last quarter, exceeding pre-Covid figures by 34%.
Wynn Palace’s revenue from slot machines or the mass market hit a historic high last quarter to surpass pre-Covid levels by 34 per cent, a J.P. Morgan report noted on Friday.
As noted by analysts DS Kim, Selina Li, and Lindsey Qian, Wynn’s gross gaming revenue came in strong, up 12 per cent sequentially.
This month-over-month growth contrasts sharply with the industry’s modest 2 percent growth.
This robust casino revenue propelled the casino operator’s share to rise to 13 per cent in the third quarter from 11.9 per cent a quarter earlier.
The mass or slot segment was said to have been a leader of the share gain, growing by 10 per cent quarter on quarter versus an industry growth rate of three to four per cent.
A favourable VIP luck factor, 4.3 per cent — versus 3 per cent in the second quarter, was also highlighted as an offset to a quarter-over-quarter decline of 15 per cent in VIP volume.
‘We’re particularly encouraged to see Wynn Palace’s mass/slot revenue hitting an all-time high, up 12% q/q to be 34% above pre-COVID levels, despite a notable moderation in reinvestment,’ the analysts wrote.
The stellar performance came despite lower reinvestment rates across properties and segments, which offset the impact from a hike in operating expenses, up three per cent quarter on quarter and eight per cent year on year.
Meanwhile, margin experienced an 2.1 percent expansion to 30.8 per cent.
During an earnings call with analysts, Wynn management noted that the ongoing renovation work on a premium mass gaming area called the Chairman’s Club could pose temporary disruptions to businesses towards the end of 2025.
Categoría:Reports
Tags: Sin tags
País: Macao
Región: Asia
Event
SiGMA Central Europe
03 de November 2025
SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences
(Rome, Exclusive SoloAzar) - The first edition of SiGMA Central Europe in Rome came to a close, leaving a strong impression on the iGaming industry. With thousands of attendees, six pavilions brimming with innovation, and an atmosphere that paid homage to Roman history, the event combined spectacle, networking, and business opportunities. It also yielded key lessons for future editions.
Friday 07 Nov 2025 / 12:00
Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe
(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.
Thursday 06 Nov 2025 / 12:00
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.