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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. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively.

  • Contact

    3131 Las Vegas Boulevard South
    Las Vegas NV 89109
    USA

    T: +1 702 770-7555

    E: investorrelations@wynnresorts.com

    https://www.wynnresorts.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Resorts & Casinos

    Fiscal Year End

    31 December 2024

    Employees

    27,800

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