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Craig Billings

CEO & Director, Wynn Resorts

Search every verified Craig Billings interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Craig Billings, CEO and Director of Wynn Resorts, discussed the company’s second-quarter 2026 performance during earnings calls held in early August 2026. He reported that Wynn Las Vegas delivered $215 million in EBITDA for the quarter, with particular strength in May, and noted that adjusted for low hold, the property would have produced $219 million. Billings highlighted increases in casino table drop and handle, a 5% rise in total casino revenues, a 3% growth in RevPAR, and an 8% increase in retail lease revenue. He also mentioned that July experienced unusually low hold despite solid volumes and increases in slot revenues and RevPAR. Billings addressed the company’s capital projects and market outlook. He stated that the total project budget for Wynn Al Marjan Island is being increased by approximately $600 million, with about half of that attributed to disruption from the regional conflict, including material and shipping cost increases and extended construction timeline costs. He described Macau as a going concern, noting that Wynn Palace runs full or nearly full every night, and framed capital deployment there as meeting existing demand rather than a speculative bet. In earlier remarks from the fourth-quarter 2024 earnings call, Billings discussed stock repurchases of $200 million in the fourth quarter and $150 million in the first quarter, citing a belief that the stock price did not reflect asset value. He also expressed confidence in the UAE as a potential gaming market, estimating it could be a three to five billion dollar market over time, and suggested that Wynn Al Marjan Island is scheduled to open in March 2027.

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