Wynn Resorts confirmed on February 24, 2026 that an unauthorized third party had accessed and stolen more than 800,000 employee records, including names, emails, phone numbers, job titles, salaries, start dates, birthdays and, in some cases, Social Security numbers. The breach was first listed on the ShinyHunters leak site on February 20, 2026, and the hackers set a February 23 deadline for a $1.5 million ransom (22.34 Bitcoin).
The company activated its incident‑response protocols immediately, engaged external cybersecurity experts, and is offering credit‑monitoring and identity‑protection services to affected employees. Wynn stated that the breach had no impact on guest experience, day‑to‑day operations, or its physical properties, and that the data had been deleted by the unauthorized party, a claim the company is monitoring for misuse.
Financially, Wynn’s Q4 2025 results showed revenue of $1.87 billion—slightly above the $1.85 billion consensus estimate—while earnings per share fell to $1.17 from the $1.33 expected, a miss driven by an unfavorable hold in Macau and rising labor costs. Net income dropped to $100 million from $277 million a year earlier, and the EBITDAR margin contracted to 30.5% from 33.7% in the prior quarter. Overall, full‑year 2025 revenue grew 9.1% to $7.1 billion, but full‑year net income fell to $327.3 million from $501.1 million.
Segment performance was mixed: Wynn Palace operating revenues increased year‑over‑year, yet adjusted property EBITDAR declined; Las Vegas Operations and Encore Boston Harbor saw revenue decreases; and Macau Operations posted gains in VIP turnover and mass table drop. CEO Craig Billings expressed optimism about 2026, citing strong group and convention business in Las Vegas and a continued recovery in Macau, while noting a strategic shift toward generating more than 55% of revenue from non‑U.S. dollar‑denominated markets.
Investors reacted negatively to the announcement, citing the EPS miss as the primary driver and the cybersecurity incident as a secondary concern. The breach adds risk exposure and potential future costs, but the company’s response and the lack of operational impact mitigate immediate operational concerns. The financial results highlight a decline in profitability and margin compression, yet revenue growth and a focus on non‑U.S. markets suggest a strategic effort to diversify and strengthen the business moving forward.
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