Core Viewpoint - Wynn Macau's parent company, Wynn Resorts, Limited, reported mixed financial results for the fourth quarter and full year ending December 31, 2025, with some segments showing growth while others experienced declines [1][2][3]. Financial Performance - For Q4 2025, Wynn Palace and Wynn Macau's operating income increased by $33.4 million and $7.7 million, respectively, compared to Q4 2024, while Las Vegas operations and Encore Boston Harbor saw decreases of $11.4 million and $2.5 million [1]. - Adjusted property EBITDAR for Q4 2025 decreased for Las Vegas operations, Wynn Palace, Encore Boston Harbor, and Wynn Macau by $26.6 million, $21.1 million, $1.8 million, and $0.7 million, respectively, compared to Q4 2024 [1]. - For the full year 2025, operating income for Wynn Palace and Las Vegas operations increased by $89.7 million and $1.1 million, while Wynn Macau and Encore Boston Harbor decreased by $54 million and $10.3 million, respectively [1]. EBITDAR and Gaming Performance - In Q4 2025, Wynn Palace's operating income was $596.4 million, up from $562.9 million in Q4 2024, but adjusted property EBITDAR fell to $163.5 million from $184.6 million [2]. - The win percentage for table games in the mass market at Wynn Palace was 21.8%, down from 26.0% in Q4 2024, while the VIP table win percentage was 2.84%, below the expected range of 3.1% to 3.4% and down from 3.51% in Q4 2024 [2]. - Wynn Macau's operating income for Q4 2025 was $371.3 million, an increase from $363.7 million in Q4 2024, but adjusted property EBITDAR decreased to $107.4 million from $108.2 million [3]. - The win percentage for mass market table games at Wynn Macau was 17.0%, down from 17.9% in Q4 2024, while the VIP table win percentage was 3.49%, above the expected range but lower than 5.01% in Q4 2024 [3]. Cash and Debt Position - As of December 31, 2025, the group had cash and cash equivalents totaling $1.46 billion, excluding short-term investments held by Wynn Macau Limited of $601.8 million [3]. - The available borrowing limits for WRF revolving credit and WM Cayman II revolving credit were $1.23 billion and $1.36 billion, respectively [4]. - The total outstanding current and long-term debt amounted to $10.55 billion, including Macau-related debt of $5.79 billion, WRF debt of $3.28 billion, and Wynn Las Vegas debt of $876.6 million [4].

Core Insights - Wynn Macau's parent company, WYNN RESORTS, LIMITED, reported mixed financial results for the fourth quarter and annual performance ending December 31, 2025, with increases in operating income for Wynn Palace and Wynn Macau, but decreases for Las Vegas operations and Encore Boston Harbor [1][2]. Group 1: Quarterly Performance - For Q4 2025, Wynn Palace's operating income was $596.4 million, an increase of $33.4 million compared to Q4 2024's $562.9 million [2]. - Wynn Macau's operating income for Q4 2025 was $371.3 million, up by $7.7 million from Q4 2024's $363.7 million [3]. - Adjusted property EBITDAR for Wynn Palace in Q4 2025 was $163.5 million, down from $184.6 million in Q4 2024 [2]. - Adjusted property EBITDAR for Wynn Macau in Q4 2025 was $107.4 million, slightly down from $108.2 million in Q4 2024 [3]. Group 2: Annual Performance - For the year ending December 31, 2025, operating income for Wynn Palace increased by $89.7 million compared to the previous year, while Las Vegas operations saw a modest increase of $1.1 million [1]. - Wynn Macau's annual operating income decreased by $54 million, and Encore Boston Harbor's decreased by $10.3 million compared to the previous year [1]. - Adjusted property EBITDAR for Wynn Palace, Wynn Macau, Las Vegas operations, and Encore Boston Harbor decreased by $50.8 million, $39.7 million, $44.4 million, and $10.4 million respectively for the year ending December 31, 2025 [2].

Group 1 - The core viewpoint of the articles highlights the financial performance of Wynn Macau and its subsidiaries, indicating mixed results in operating income and adjusted property EBITDAR for the fourth quarter and the full year ending December 31, 2025 compared to the previous year [1][2][3] Group 2 - For the fourth quarter of 2025, Wynn Palace reported operating income of $596.4 million, an increase of $33.4 million from $563.0 million in the fourth quarter of 2024 [2] - Wynn Macau's operating income for the fourth quarter of 2025 was $371.3 million, up by $7.7 million from $363.7 million in the fourth quarter of 2024 [3] - The adjusted property EBITDAR for Wynn Palace in the fourth quarter of 2025 was $163.5 million, down from $184.6 million in the fourth quarter of 2024 [2] - The adjusted property EBITDAR for Wynn Macau in the fourth quarter of 2025 was $107.4 million, slightly down from $108.2 million in the fourth quarter of 2024 [3] Group 3 - The Las Vegas operations and Encore Boston Harbor experienced declines in operating income for the fourth quarter of 2025, with decreases of $11.4 million and $2.5 million, respectively, compared to the fourth quarter of 2024 [1] - For the full year ending December 31, 2025, operating income for Wynn Palace and Las Vegas operations increased by $89.7 million and $1.1 million, respectively, while Wynn Macau and Encore Boston Harbor saw decreases of $54.0 million and $10.3 million [1] - The adjusted property EBITDAR for Wynn Palace, Wynn Macau, Las Vegas operations, and Encore Boston Harbor for the full year 2025 decreased by $50.8 million, $39.7 million, $44.4 million, and $10.4 million, respectively, compared to the previous year [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、40357、5754、5877） 內幕消息 我們的控股股東 WYNN RESORTS, LIMITED 截 至 2025 年 1 2 月 3 1 日止第四季及 年度的未經審核業績 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2026年2月12日（拉斯維加斯時間下午1:04）或 前後公佈其截至2025年12月31日止第四季及年度的未經審核業績。 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部而刊發。 * 僅供識別。 1 Wynn ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01128 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 5,257,977,600 | | 0 | | 5,257,977,600 | | 增加 / 減少 (-) | | | 240,000 | | 0 | | | | 本月底結存 | | | 5,258,217,600 | | 0 | | 5,258,217,600 | 足夠公眾持股量的確認(註4) 公司名稱: 永利澳門有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 20 ...

Core Viewpoint - Jefferies reported that the average daily gaming revenue in Macau reached 695 million MOP as of January 25, reflecting an 18% year-on-year increase, but a slight week-on-week decline of 1% [1] Group 1: Revenue Insights - The estimated average daily gaming revenue for the remaining days of the month is projected to be between 650 million and 720 million MOP, indicating a total monthly revenue of 21.7 billion to 22.1 billion MOP, which represents a year-on-year growth of 19% to 21% [1] Group 2: Market Sentiment - The firm anticipates that the upcoming fourth-quarter earnings reports from gaming companies will restore short-term market confidence and holds a positive outlook for the performance during the Lunar New Year [1] Group 3: Company Outlook - Jefferies continues to favor stocks of Wynn Macau, Sands China, Galaxy Entertainment, Las Vegas Sands, and Wynn Resorts [1]

Core Viewpoint - Wynn Macau (01128) announced the issuance of new shares or the transfer of treasury shares as part of a share plan, involving the issuance of 240,000 new shares on January 14, 2026, for participants excluding the company's directors [1] Group 1 - The company will issue 240,000 new shares as part of its share plan [1] - The issuance is scheduled for January 14, 2026 [1] - The share plan is designed for participants other than the company's directors [1]

Core Viewpoint - Wynn Macau (01128) announced the issuance of new shares or the transfer of treasury shares as part of a share plan, involving the issuance of 240,000 new shares on January 14, 2026, for participants excluding the company's directors [1] Group 1 - The company will issue 240,000 new shares as part of its share plan [1] - The issuance is scheduled for January 14, 2026 [1] - The share plan is designed for participants other than the company's directors [1]

如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | | 證券代號 (如上市) | 01128 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 事件 | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | 每股發行/出售價 (註4) | | 已發行股份總數 | | | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | | | | | ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 永利澳門有限公司 (於開曼群島註冊成立的有限公司) 呈交日期: 2026年1月7日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01128 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.001 | HKD | | 20,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.001 | HKD | ...