Wynn Resorts reported slight gains in revenue and a slight loss in adjusted earnings in its third-quarter results on Monday.

Operating revenues were $1.69 billion for the third quarter, an increase of $21.4 million from $1.67 billion for the third quarter of 2023.

Adjusted property EBITDAR was $527.7 million for the third quarter compared to adjusted property EBITDAR of $530.4 million for the third quarter of 2023.

Net loss attributable to Wynn Resorts was $32.1 million for the third quarter compared to net loss of $116.7 million for the third quarter of 2023.

“Our third-quarter results reflect healthy demand across our resorts, highlighted by strong mass-gaming win in Macau and solid non-gaming performance in Las Vegas,” said Wynn CEO Craig Billings. “Investments in our properties, our team, and our unique programming continue to extend our leadership position in each of our markets. We are also continuing to invest in growing the business with construction on Wynn Al Marjan Island rapidly advancing. We are confident the resort will be a must-see tourism destination in the UAE and expect that it will support strong long-term free-cash-flow growth.”

During the third quarter, the company contributed $18.2 million of cash into a 40%-owned joint venture building the Wynn Al Marjan Island development in the UAE, bringing its life-to-date cash contributions to the project to $532.6 million. Wynn Al Marjan Island is currently expected to open in 2027.

Operating revenues from the Las Vegas operations were $607.2 million for the third quarter, a decrease of $11.8 million from $619 million for the third quarter of 2023. Adjusted property EBITDAR was $202.7 million, compared to $219.7 million for the third quarter of 2023. Table games win percentage for the third quarter was 23.3%, within the property’s expected range of 22% to 26% and below the 26% experienced in the third quarter of 2023, Billings said.

Operating revenues from Encore Boston Harbor were $214.1 million for the third quarter, an increase of $3.7 million from $210.4 million for the third quarter of 2023. Adjusted property EBITDAR was $63 million, compared to $60.5 million for the third quarter of 2023. Table games win percentage for the third quarter of 2024 was 21.3%, within the property’s expected range of 18% to 22% and above the 20.8% experienced in the third quarter of 2023.

Operating revenues from Wynn Palace were $519.8 million for the third quarter of 2024, a decrease of $5 million from $524.8 million for the third quarter of 2023. Adjusted property EBITDAR from Wynn Palace was $162.3 million compared to $177 million for the third quarter of 2023. Table games win percentage in mass market operations was 23.9%, above the 23.3% experienced in the third quarter of 2023. VIP table games win as a percentage of turnover was 3.04%, below the property’s expected range of 3.1% to 3.4% and below the 3.4% experienced in the third quarter of 2023, Billings said.

Operating revenues from Wynn Macau were $352 million for the third quarter of 2024, an increase of $56.9 million from $295 million for the third quarter of 2023. Adjusted Property EBITDAR from Wynn Macau was $100.6 million compared to $77.9 million for the third quarter of 2023. Table games win percentage in mass market operations was 18.5%, above the 16.5% experienced in the third quarter of 2023. VIP table games win as a percentage of turnover was 3.61%, above the property’s expected range of 3.1% to 3.4% and above the 3.52% experienced in the third quarter of 2023.