$WYNN

The article describes Nevada Gaming Control Board complaints tied to a Las Vegas anti-money laundering scandal. It says complaints reference casino employees at multiple Strip properties, including Wynn and Caesars, and also documents alleged AML-related actions by at least 15 named employees at Resorts World, MGM Grand, The Cosmopolitan, The Venetian, and Wynn, including hosts who referred clients to bookies.

Wynn Resorts is progressing construction of Wynn Al Marjan Island in the UAE, with the 1,000-foot tower reaching the 70th floor and roof-deck work underway. The resort is planned to open in spring 2027 and will include 1,217 guestrooms plus suites, 22 dining venues, a beach club, spa, marina, and Coral Court events center.

Analysts issued mixed views on consumer cyclicals. Wynn Resorts (WYNN): Morgan Stanley reiterated Buy, $128 target; consensus Strong Buy, $133.75. Driveway Vehicle Solutions (LAD): UBS Hold, $440 target; consensus Moderate Buy, $425.38. CAVA Group (CAVA): UBS Buy, $90 target; consensus Moderate Buy, $92.35.

Wynn Resorts said it is advancing construction of its Wynn Al Marjan Island integrated resort in the UAE, including a 550-metre beachfront with a lagoon and engineered offshore reef. Wynn expects a September 2027 opening after a February work suspension. In its Q2 update, it reported contributing $48.1 million in the quarter and holds a 40% stake.

Wynn Resorts said it unveiled the completed 550-metre Wynn Beach at Wynn Al Marjan Island in Ras Al Khaimah, including a sheltered lagoon and offshore reef, as the UAE’s first integrated casino resort targets a 2027 opening. The resort will include 1,530 rooms and gaming under a UAE commercial gaming licence granted in 2024.

Wynn Resorts said construction is advancing at Wynn Al Marjan Island in the UAE, including a 550-metre beachfront with a sheltered lagoon and an offshore artificial reef. The company reported early signs of coral and marine life colonizing reef units and osprey nesting nearby. Wynn expects the resort to open in September 2027 and said it contributed $48.1 million in Q2 to the project, where it holds a 40% stake.

Wynn Resorts (WYNN) reported Q2 2026 adjusted EPS of $1.24, above the Zacks Consensus of $1.01. Operating revenues were $1.86B versus $1.84B. Wynn Palace in Macau drove results, with revenues up 21.1% to $653.4M, while Las Vegas and Boston margins fell and Wynn Al Marjan Island’s project budget rose about $600M.

Wynn Resorts (WYNN) reported Q2 2026 Macau adjusted property EBITDAR of $297 million, up from $253.7 million a year earlier, with mass table drop up 5.5% to $3.65 billion. The article cites forward P/S of 1.39 versus 1.85 for the gaming sub-industry. 2026 capex guidance totals $725-$825 million domestic and $350-$400 million Macau, plus equity contributions for Wynn Al Marjan.

Wynn Resorts delayed its Wynn Al Marjan Island casino resort in the UAE from 2026 to September 2027, citing Middle East conflict disruptions affecting supply chains, shipping insurance, materials, and staffing, according to CEO Craig Billings. The delay adds $600 million, raising costs to over $5 billion. The project targets a 1,500-room resort and a 10% to 12% blended tax on gross gaming revenue.

Wynn Resorts reported Q2 2026 revenue of $1,856.93 million and net income of $140.06 million, plus a $0.25 per-share dividend, according to the company. The firm also completed a $2.74 billion share repurchase program, reducing share count by about 28%, while continuing investment in Wynn Al Marjan Island.