Wynn Resorts jumps on Q2 beat, UAE casino update

Wynn Resorts shares jumped 11% to $108.36, on track for their biggest one-day gain since April 9, 2025, after the casino operator on Tuesday beat second-quarter revenue and profit estimates on strong business in its Macau properties.

The company also announced its Wynn Al Marjan Island resort — the UAE's first with a casino — is expected to open in September 2027.

• Q2 adjusted EPS: $1.24, versus analysts' estimate of $1.11 per share
• Q2 revenue: $1.86 billion, versus analysts' average expectation of $1.84 billion, according to LSEG-compiled data
• Including the session's move, WYNN was down 9.7% year to date, versus a 13.5% rise for the S&P 500.