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Press Release: Wynn Resorts, Limited Reports -6-

· 02/04/2021 16:02
CONTACT: Vincent ZahnWYNN RESORTS, LIMITED AND SUBSIDIARIES SUPPLEMENTAL DATA SCHEDULE (dollars in thousands, except for win per unit per day, ADR and REVPAR) (unaudited) (continued) Three Months Ended December 31, Year Ended December 31, --------------------------- ------------------------------ Percent Percent 2020 2019 Change 2020 2019 Change -------- -------- --- ------- ---------- ---------- --------- Encore Boston Harbor Supplemental Information (8) Operating revenues Casino $ 89,012 $115,969 (23.2) $ 287,525 $ 243,855 17.9 Rooms 2,985 16,359 (81.8) 20,679 36,144 (42.8) Food and beverage 7,179 28,243 (74.6) 36,866 61,088 (39.7) Entertainment, retail and other 4,708 8,744 (46.2) 16,596 22,832 (27.3) -------- -------- --- ------ ---------- ---------- ------ Total $103,884 $169,315 (38.6) $ 361,666 $ 363,919 (0.6) Adjusted Property EBITDA (6) $ 16,667 $ 15,260 9.2 $ (23,762 ) $ 23,150 (202.6) Casino Statistics: Average number of table games 196 160 22.5 182 152 19.7 Table drop (2) $204,445 $362,696 (43.6) $ 697,873 $ 778,898 (10.4) Table games win (1) $ 42,697 $ 69,766 (38.8) $ 147,512 $ 151,247 (2.5) Table games win % 20.9% 19.2% 21.1% 19.4% Table games win per unit per day $ 2,371 $ 4,726 (49.8) $ 3,256 $ 5,178 (37.1) Average number of slot machines 1,869 2,933 (36.3) 2,159 3,023 (28.6) Slot machine handle $722,408 $856,446 (15.7) $2,303,582 $1,847,080 24.7 Slot machine win (3) $ 57,301 $ 67,383 (15.0) $ 180,207 $ 138,264 30.3 Slot machine win per unit per day $ 333 $ 250 33.2 $ 335 $ 238 40.8 Poker rake $ -- $ 5,660 (100.0) $ 5,105 $ 12,324 (58.6) Room statistics: Occupancy 73.8% 76.0% 74.5% 72.6% ADR (4) $ 303 $ 352 (13.9) $ 294 $ 391 (24.8) REVPAR (5) $ 223 $ 267 (16.5) $ 219 $ 284 (22.9)games 183 232 (21.1) 214 236 (9.3) Table drop (2) $296,565 $414,451 (28.4) $1,127,309 $1,690,132 (33.3) Table games win (1) $ 72,295 $ 71,935 0.5 $ 238,490 $ 395,439 (39.7) Table games win % 24.4% 17.4% 21.2% 23.4% Table games win per unit per day $ 4,305 $ 3,364 28.0 $ 3,873 $ 4,581 (15.5) Average number of slot machines 1,601 1,773 (9.7) 1,703 1,788 (4.8) Slot machine handle $802,294 $942,940 (14.9) $2,452,811 $3,427,820 (28.4) Slot machine win (3) $ 46,923 $ 63,106 (25.6) $ 159,387 $ 230,954 (31.0) Slot machine win per unit per day $ 319 $ 387 (17.6) $ 325 $ 354 (8.2) Poker rake $ 1,079 $ 3,012 (64.2) $ 3,264 $ 12,569 (74.0) Room statistics: Occupancy 34.2% 89.4% 49.6% 87.5% ADR (4) $ 305 $ 322 (5.3) $ 319 $ 325 (1.8) REVPAR (5) $ 105 $ 288 (63.5) $ 158 $ 284 (44.4)

Note: Wynn Las Vegas ceased all operations and closed to the public on March 17, 2020 and reopened on June 4, 2020 with certain COVID-19 specific protective measures in place, such as limiting the number of seats per table game, slot machine spacing, temperature checks, mask protection, and suspension of certain entertainment and nightlife offerings. We are currently unable to determine when these measures will be lifted.

Note: Encore Boston Harbor ceased all operations and closed to the public on March 15, 2020, for the remainder of the first and second quarters of 2020. On July 10, 2020, Encore Boston Harbor reopened with certain COVID-19 specific protective measures in place, such as limiting the number of seats per table game, slot machine spacing, temperature checks, and mask protection. We are currently unable to determine when these measures will be lifted. In addition, certain food and beverage outlets remain closed, and hotel reservations were limited to Thursday through Sunday until their temporary closure on November 6, 2020, pursuant to a state directive limiting the operating hours of certain businesses, including restaurants and casinos. Accordingly, Encore Boston Harbor's room statistics have been computed based on 20 and 141 days of operations for the three months and year ended December 31, 2020, respectively.

(1) Table games win is presented net of loyalty program accruals but before discounts, commissions and the allocation of casino revenues to rooms, food and beverage and other revenues for services provided to casino customers on a complimentary basis.

(2) In Macau, table drop is the amount of cash that is deposited in a gaming table's drop box plus cash chips purchased at the casino cage. In Las Vegas, table drop is the amount of cash and net markers issued that are deposited in a gaming table's drop box. At Encore Boston Harbor, table drop is the amount of cash and gross markers that are deposited in a gaming table's drop box.

(3) Slot machine win is calculated as gross slot machine win minus progressive and loyalty program accruals.

(4) ADR is average daily rate and is calculated by dividing total room revenues including complimentaries (less service charges, if any) by total rooms occupied.

(5) REVPAR is revenue per available room and is calculated by dividing total room revenues including complimentaries (less service charges, if any) by total rooms available.

(6) Refer to accompanying reconciliations of Operating Income (Loss) to Adjusted Property EBITDA and Net Income (Loss) Attributable to Wynn Resorts, Limited to Adjusted Property EBITDA.

(7) For the year ended December 31, 2020, reflects the impact of rent concessions provided to tenants.

(8) Encore Boston Harbor opened on June 23, 2019.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210204006001/en/

702-770-7555

investorrelations@wynnresorts.com

(END) Dow Jones Newswires

February 04, 2021 16:02 ET (21:02 GMT)