Wynn Resorts, Limited (WYNN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Wind Resort's fourth quarter 2025 earnings call. All participants are in a listen only mode until the question and answer session of today's conference. To ask a question, press star one on your touch tone phone, record your name, and I will introduce you. Please limit yourself to one question and one follow up question. 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. Thank you, Operator, and good afternoon, everyone. On the call with me today are Craig Billings and Brian Gulbrantz in Las Vegas. Also on the line are Jenny Holliday, Linda Chen, and Frederick Luvisuto. Please note that we've published a presentation to provide more color on the company and recent performance ahead of this call. You can find the presentation on our Investor Relations website. 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. Good afternoon, and as always, thank you for joining us. I'd like to start today's call by taking a step back and taking a broader multi-year view of our business and talk about how the company is positioned relative to some of the broader forces shaping the world and our target customer base. We are now a little more than a year out from a meaningful milestone, the opening of Huenal Marjan Islands. This development is significant for many reasons, but over the long term, its importance as a step forward in our geographic diversification stands out, especially in the context of an increasingly multipolar world. Recent actions in geopolitics, currencies, and metals re...