Wynn Resorts (WYNN) Q3 2024 Earnings Call Transcript

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In This Article:

Wynn Resorts (NASDAQ: WYNN)
Q3 2024 Earnings Call
Nov 04, 2024, 4:30 p.m. ET

Contents:

  • Prepared Remarks

  • Questions and Answers

  • Call Participants

Prepared Remarks:


Operator

Welcome to the Wynn Resorts third quarter 2024 earnings call. All participants are in a listen-only mode until the question-and-answer session of today's conference. [Operator instructions] This call is being recorded. If you have any objections, you may disconnect at this time.

I will now turn the line over to Julie Cameron-Doe, chief financial officer. Please go ahead.

Julie Cameron-Doe -- Chief Financial Officer

Thank you, operator, and good afternoon, everyone. On the call with me today are Craig Billings and Brian Gullbrants in Las Vegas. Also on the line are Linda Chen, Frederic Luvisutto, and Jenny Holaday. I want to remind you that we may make forward-looking statements under safe harbor federal securities laws, and those statements may or may not come true.

I will now turn the call over to Craig Billings.

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Craig S. Billings -- Chief Executive Officer

Thanks, Julie, and good afternoon, everyone. As always, thank you for joining us today. It's about a month ago that we had the opportunity to host many of the folks on this call and here at Wynn Las Vegas to take you through our business in general and Wynn and Marjan Island in particular. It was great to see you all, and I hope that our confidence in our current business and in our development pipeline came through.

Our leadership position in the world's most attractive gaming markets, our targeted investments in our existing properties, in our development in the UAE, all give us great conviction about the future of Wynn Resorts. To that end, we announced that the board has increased our share repurchase authorization to $1 billion, highlighting our continued commitment to prudently return capital to shareholders. Turning to the quarter and starting in Las Vegas. Demand remained healthy here.