Wynn Resorts Ltd

Company Profile

• Business description

  Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming attractions in Macao over the next few years. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company also operates Wynn Interactive, a digital sports betting and iGaming platform, in a few states. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively. In 2024, both the US and Macao were each 50% of total EBITDA.

• Contact

  3131 Las Vegas Boulevard South
  Las VegasNV89109
  USA

  T: +1 702 770-7555

  E: [email protected]

  https://www.wynnresorts.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Resorts & Casinos

  Fiscal Year End

  31 December 2026

  Employees

  28,000