花旗发表研究报告，永利澳门次季收入按年持平于8.83亿美元，调整后物业EBITDA按年减10%至2.54亿 美元。经赢率调整后EBITDA达2.66亿美元，大致上符合该行预期。该行指，管理层预计，迈向2025年 底，将面对轻微营运干扰，主要是扩建永利皇宫主席俱乐部博彩区的和改造永利大厦，并预计今年新项 目资本支出为2亿至2.5亿美元。花旗将集团2025年至2027年盈利预测下调2%至8%，维持目标价为6.75 港元，评级为"中性"。 ...

Core Viewpoint - UBS reports that Wynn Macau's parent company, Wynn Resorts, announced an adjusted property EBITDA of $254 million for Macau, a decrease of approximately 10% year-over-year, with EBITDA reaching $266 million, falling short of expectations due to underperformance in gaming [1] Group 1: Financial Performance - Adjusted property EBITDA for Wynn Macau is $254 million, down about 10% from the same period last year [1] - EBITDA of $266 million is below expectations, primarily due to weaker gaming performance [1] Group 2: Management Outlook - Wynn Macau's management anticipates an acceleration in gaming demand in June and July, with an adjusted EBITDA run rate of $3.3 million per day [1] - Management plans to continue property upgrades to maintain competitiveness, including the expansion of the Wynn Palace Chairman's Club gaming area and renovations of Wynn Tower guest rooms [1] Group 3: Capital Expenditure Guidance - Management has lowered the capital expenditure guidance for this year by $50 million to a range of $200 million to $250 million, while maintaining next year's guidance at $450 million to $500 million [1] - Construction of the activity and entertainment center is expected to be completed after 2028, pending government approval [1]

Core Viewpoint - UBS reports that Wynn Macau's parent company, Wynn Resorts, announced an adjusted property EBITDA of $254 million, a decrease of approximately 10% year-over-year, with EBITDA at $266 million, falling short of expectations due to underperformance in gaming [1] Group 1: Financial Performance - Adjusted property EBITDA for Wynn Macau is reported at $254 million, down about 10% compared to the same period last year [1] - Total EBITDA reached $266 million, which is below market expectations primarily due to weaker gaming performance [1] Group 2: Management Outlook - Wynn Macau's management anticipates an acceleration in gaming demand in June and July, with an adjusted EBITDA run rate of $3.3 million per day [1] - The management plans to continue property upgrades to maintain competitiveness, including the expansion of the Wynn Palace Chairman's Club gaming area and renovations of the Wynn Tower rooms [1] Group 3: Capital Expenditure Guidance - The management has lowered the capital expenditure guidance for this year by $50 million to a range of $200 million to $250 million, while maintaining next year's guidance at $450 million to $500 million [1] - The construction of the activity and entertainment center is expected to be completed after 2028, pending government approval [1]

本文源自：金融界AI电报 里昂发表研究报告，永利澳门次季核心物业息税折旧摊销前利润较上季增长1%至19.79亿港元，低于预 期。即使永利皇宫贵宾厅赢率低于正常水平导致季绩表现不如预期的原因之一，但经运气调整(luck- adjusted)后贵宾厅利润率亦略低于预期。该行指，永利将今年特许经营相关的资本支出目标下调至2亿 至2.5亿美元，但由于永利澳门专属Chairman's Club贵宾博彩区扩建和永利塔酒店客房的翻新，预计会 略有影响。该行维持永利澳门目标价为7港元，评级为"跑赢大市"。 ...

Core Viewpoint - Wynn Macau's stock price dropped over 7%, specifically by 7.52%, trading at HKD 6.27 with a transaction volume of HKD 183 million [1]. Financial Performance - Wynn Resorts, Limited reported its Q2 2025 performance, revealing that Macau's operational revenue was approximately USD 128 million, a year-on-year decrease of 20.78% [1]. - The adjusted property EBITDAR for Wynn Resorts was about USD 254 million, reflecting a year-on-year decline of 9.51% [1]. - Wynn Palace's adjusted property EBITDAR was USD 157.2 million, down from USD 184.5 million in Q2 2024 [1]. - Wynn Macau's adjusted property EBITDAR was USD 96.5 million, slightly up from USD 95.9 million in Q2 2024 [1].

Group 1 - Wynn Macau's stock dropped over 7%, specifically by 7.52%, trading at HKD 6.27 with a transaction volume of HKD 183 million [1] - Wynn Resorts, Limited reported a 20.78% year-on-year decrease in operating revenue from its Macau business, amounting to approximately USD 128 million [1] - The adjusted property EBITDAR for Wynn Resorts was approximately USD 254 million, reflecting a 9.51% year-on-year decline [1] Group 2 - The adjusted property EBITDAR for Wynn Palace was USD 157.2 million, down from USD 184.5 million in Q2 2024 [1] - Wynn Macau's adjusted property EBITDAR was USD 96.5 million, slightly up from USD 95.9 million in Q2 2024 [1]

Group 1 - Wynn Macau's stock price fell nearly 8%, reaching HKD 6.24, marking a new low since July 8 [1] - Wynn Resorts Limited reported a second-quarter adjusted property EBITDAR of USD 25.4 million for its Macau operations, a year-on-year decline of 9.51%, with operating revenue at USD 12.8 million, down 20.78% [1] - The operating revenue for Wynn Palace in the second quarter was USD 540 million, a decrease of 1.5% year-on-year, with adjusted property EBITDAR at USD 16 million, down 14.8% [1] Group 2 - The percentage of table game win for the mass market was 22.3%, lower than the 23.6% recorded in the same period last year [1] - The percentage of VIP table game win as a share of turnover was 2.9%, below the expected range of 3.1%-3.4% for the property and lower than the 4.1% recorded in the second quarter of 2024 [1]

Group 1 - Wynn Macau's parent company, Wynn Resorts, Limited, reported a 20.78% year-over-year decrease in operating revenue for its Macau business, amounting to approximately $128 million in Q2 2025 [1] - Adjusted property EBITDAR for Wynn Resorts in Q2 2025 was approximately $254 million, reflecting a 9.51% decline compared to the previous year [1] - Wynn Palace's operating revenue for Q2 2025 was $539.6 million, a decrease of $8.4 million from $548 million in Q2 2024 [1] Group 2 - Wynn Macau's operating revenue for Q2 2025 increased by $6.5 million to $343.8 million compared to $337.3 million in Q2 2024 [2] - Adjusted property EBITDAR for Wynn Macau in Q2 2025 was $96.5 million, slightly up from $95.9 million in Q2 2024 [2] - The percentage of table win for the mass market was 17.4% in Q2 2025, slightly lower than the 17.5% recorded in Q2 2024 [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何 責任。 （於開曼群島註冊成立之有限公司） （股份代號：1128及債務股份代號：5280、40102、40259、40357、5754） 內幕消息 我們的控股股東 WYNN RESORTS, LIMITED 截至2025年6月30日止第二季及 2025財政年度上半年的未經審核業績， 表格10-Q季度報告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.09及37.47B條以及證券及期 貨條例（第571章）第XIVA部而刊發。 我們的控股股東Wynn Resorts, Limited已於2025年8月7日（拉斯維加斯時間2:03）或前後 公佈其截至2025年6月30日止第二季及截至2025年6月30日止2025財政年度上半年的未 經審核業績。 本公告乃由永利澳門有限公司（「我們」或「本公司」，連同其附屬公司統稱「本集團」）根 據香港聯合交易所有限公司證券上市規則第13.09及37.47B條以及證券及期貨條例（第 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何 責任。 （於開曼群島註冊成立之有限公司） （股份代號：1128及債務股份代號：5280、40102、40259、40357、5754） 內幕消息 我們的控股股東 WYNN RESORTS, LIMITED 截 至 2025 年 6 月 3 0 日 止 第二季及 2025 財政年度上半年的未經審核業績 本公告乃根據香港聯合交易所有限公司證券上市規則第13.09及37.47B條以及證券及期 貨條例（第571章）第XIVA部而刊發。 我們的控股股東Wynn Resorts, Limited已於2025年8月7日（拉斯維加斯時間下午1:20）或 前後公佈其截至2025年6月30日止第二季及2025財政年度上半年的未經審核業績。 本公告乃由永利澳門有限公司（「我們」或「本公司」，連同其附屬公司統稱「本集團」）根 據香港聯合交易所有限公司證券上市規則第13.09及37.47B條以及證券及期貨條例（第571 章）第XIVA部而 ...