OverviewSuggest Edit

Wynn Resorts is an operator of luxury hotels and casinos.  It integrates accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters, and meeting complexes. The company owns Wynn Las Vegas, Encore Boston Harbor, Wynn Macau, and Wynn Palace, Cotai.
TypePublic
Founded2002
HQLas Vegas, NV, US
Websitewynnresorts.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2019)30,200(+17%)
Job Openings216
Revenue (FY, 2020)$2.1 B(-68%)
Share Price (Jun 2021)$127.2
Cybersecurity ratingBMore

Key People/Management at Wynn Resorts

Matt Maddox

Matt Maddox

Director and Chief Executive Officer
Linda Chen

Linda Chen

President, Wynn International Marketing, Ltd
DeRuyter O. Butler

DeRuyter O. Butler

Executive Vice President of Architecture, Wynn Design & Development, LLC
Ian Coughlan

Ian Coughlan

President, Wynn Macau, Limited
Craig Billings

Craig Billings

President, Chief Financial Officer and Treasurer
Ellen Whittemore

Ellen Whittemore

Executive Vice President, General Counsel and Secretary
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Wynn Resorts Office Locations

Wynn Resorts has an office in Las Vegas
Las Vegas, NV, US (HQ)
3131 S Las Vegas Blvd
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Wynn Resorts Financials and Metrics

Wynn Resorts Revenue

Wynn Resorts's revenue was reported to be $2.1 b in FY, 2020
USD

Revenue (FY, 2020)

2.1b

Net income (FY, 2020)

(2.3b)

EBIT (FY, 2020)

(1.2b)

Market capitalization (11-Jun-2021)

14.7b

Closing stock price (11-Jun-2021)

127.2

Cash (31-Dec-2020)

3.5b

EV

24.6b
Wynn Resorts's current market capitalization is $14.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.3b6.7b6.6b2.1b

Revenue growth, %

41%7%(2%)

Cost of goods sold

4.0b4.1b4.1b

Gross profit

2.3b2.6b2.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

1.7b1.6b1.7b1.7b1.7b1.6b953.7m85.7m

Cost of goods sold

1.0b985.8m1.1b1.0b1.0b1.0b737.7m240.3m

Gross profit

702.3m619.7m656.6m645.0m641.6m611.1m236.1m(154.6m)

Gross profit Margin, %

41%39%38%39%39%37%25%(180%)
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.8b2.2b2.4b3.5b

Accounts Receivable

224.1m276.6m346.4m200.2m

Prepaid Expenses

64.7m

Inventories

71.6m66.6m88.5m66.3m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

2.0b1.4b1.9b1.8b1.5b1.7b2.9b3.8b

Accounts Receivable

228.2m230.1m232.7m259.8m296.7m286.6m380.8m296.3m

Inventories

67.6m66.8m63.1m67.4m81.8m80.5m86.2m84.8m

Current Assets

2.4b1.9b2.3b2.2b2.0b2.1b3.4b4.2b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

889.3m803.1m311.4m(2.3b)

Depreciation and Amortization

552.4m550.6m624.9m725.5m

Accounts Payable

71.0m49.5m(61.9m)(162.5m)

Cash From Operating Activities

1.9b961.5m901.1m(1.1b)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(137.5m)67.8m287.6m159.7m302.0m328.8m(450.3m)(1.2b)

Depreciation and Amortization

136.4m274.2m411.7m136.6m276.8m449.8m178.7m358.0m

Accounts Payable

(26.0m)(85.2m)(14.3m)(26.1m)8.7m(83.6m)(70.8m)(198.9m)

Cash From Operating Activities

(53.6m)53.3m497.9m263.9m509.4m779.9m(176.5m)(608.0m)
USDFY, 2017

Revenue/Employee

250.3k

Debt/Equity

8.9 x

Debt/Assets

0.8 x

Financial Leverage

11.8 x
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Wynn Resorts Operating Metrics

Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Table Games (Wynn Macau)

488428267303303314301316312306310317328312329322

Table Games (Wynn Palace)

346304299310307323323321323320326323381323

Table Games (Wynn Las Vegas)

238233235234238229240247238233233243233233236232

Table Games (Encore Boston Harbor)

145161
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Wynn Resorts Acquisitions / Subsidiaries

Company NameDateDeal Size
103 Broadway, LLC
10 Gardner Street, LLC
10 Lynde Street, LLC
10 Scott Place, LLC
11 Thorndike Street, LLC
127 Broadway, LLC
12 Lynde Street, LLC
12 Mystic Street, LLC
12 Scott Place, LLC
14-16 Robin Street, LLC
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Wynn Resorts Revenue Breakdown

Embed Graph

Wynn Resorts revenue breakdown by business segment: 20.3% from Entertainment, retail and other , 40.2% from Food and beverage and 39.5% from Rooms

Wynn Resorts revenue breakdown by geographic segment: 5.2% from Other , 5.2% from Encore Boston Harbor, 29.7% from Wynn Macau, 36.5% from Wynn Palace and 23.4% from Las Vegas Operations

Wynn Resorts Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Wynn Resorts Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Wynn Resorts Online and Social Media Presence

Embed Graph

Wynn Resorts News and Updates

Thinking about trading options or stock in L Brands, Nio, Exxon Mobil, Wynn Resorts, or Carnival Corp?

NEW YORK, March 26, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LB, NIO, XOM, WYNN, and CCL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

How Hotels like Marriott and Wynn Resorts are launching on-site COVID-19 testing to jumpstart their gutted group travel businesses

Summary List PlacementHotels are coming up with all kinds of new ways to jumpstart their businesses amid the COVID-19 pandemic. For some, on-site testing has become the latest tool to get group travel back in full swing. The hotel industry relies on group travel — a catch-all term for crowds of bo…

Thinking about trading options or stock in Wynn Resorts, Pfizer, American Airlines, Carnival Corp, or Marriott International?

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for WYNN, PFE, AAL, CCL, and MAR. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Forbes Gives Five-Star Accreditation to Melco Resorts and Wynn Resorts Casino

Melco Resorts & Entertainment owns and operates The Morpheus Hotel since its opening in 2018. This week, the facility received Five-Star accreditation from Forbes. The magazine issued its 63rd annual edition list of 283 Five-star hotels. Melco and Wynn Resorts account for 11 of the properties. M…

Wynn Resorts stock falls after 5.5 million share common stock offering

Shares of Wynn Resorts Ltd. fell 3.4% in premarket trading Monday, after the casino operator and gaming company announced a public offering of 5.5 million shares of common stock. Based on Friday's stock closing price of $116.99, which was the highest close since Feb. 24, 2020, the offering could be…

NASCAR and Wynn Resorts Announce National Multi-Year Sports Betting Partnership

MARTINSVILLE, Va., Oct. 30, 2020 /PRNewswire/ -- NASCAR and WynnBET, the digital gaming division of Wynn Resorts Ltd. that is responsible for Wynn's mobile sportsbook and casino app, announced today a multi-year national sports betting partnership. As an Authorized Gaming Operator of...
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Wynn Resorts Blogs

Wynn Resorts, Limited Reports First Quarter 2021 Results

LAS VEGAS --(BUSINESS WIRE)--May 10, 2021-- Wynn Resorts, Limited (NASDAQ: WYNN) (the "Company") today reported financial results for the quarter ended March 31, 2021 . Operating revenues were $725.8 million for the first quarter of 2021, a decrease of 23.9%, or $227.9 million , from $953.7 million

Wynn Interactive to Become Independent Public Company Through Combination With Austerlitz Acquisition Corporation I

Wynn Interactive is delivering one-of-a-kind digital gaming experiences to mobile users through proprietary, differentiated technology Combined company expected to have post-transaction enterprise value of approximately $3.2 billion Business combination includes approximately $640 million of cash

WynnBET Now Live In Tennessee, Adding Sixth State To Growing Roster

Marketing Partnership With Memphis Grizzlies Begins At Upcoming Home Games JERSEY CITY, N.J., April 30, 2021 /PRNewswire/ -- WynnBET, the premier casino and sports betting app from the global leader in luxury hospitality, Wynn Resorts, opened its mobile sports book in Tennessee today following

WynnBET Partners With Digital Sports Media Publisher Minute Media

WynnBET Partners With Digital Sports Media Publisher Minute Media kevindavis Thu, 04/08/2021 - 09:04 WynnBET Partners With Digital Sports Media Publisher Minute Media April 8, 2021 at 9:02 AM EDT This release is a backfill from a News Wire Gener…

WynnBET Launches Mobile Sports Book In Fifth State

WynnBET Launches Mobile Sports Book In Fifth State san.mai@intrado.com Thu, 04/01/2021 - 15:26 WynnBET Launches Mobile Sports Book In Fifth State April 1, 2021 at 3:25 PM EDT This release is a backfill from a News Wire General Betting…

WynnBET Awarded Online Sports Betting Permit In Virginia

JERSEY CITY, N.J. , March 5, 2021 /PRNewswire/ -- WynnBET, the premier casino and sports betting app from the global leader in luxury hospitality, Wynn Resorts , announces today that it has been issued a permit for the operation of online sports betting in the Commonwealth of Virginia .
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Wynn Resorts Frequently Asked Questions

  • When was Wynn Resorts founded?

    Wynn Resorts was founded in 2002.

  • Who are Wynn Resorts key executives?

    Wynn Resorts's key executives are Matt Maddox, Linda Chen and DeRuyter O. Butler.

  • How many employees does Wynn Resorts have?

    Wynn Resorts has 30,200 employees.

  • What is Wynn Resorts revenue?

    Latest Wynn Resorts annual revenue is $2.1 b.

  • What is Wynn Resorts revenue per employee?

    Latest Wynn Resorts revenue per employee is $69.4 k.

  • Who are Wynn Resorts competitors?

    Competitors of Wynn Resorts include Dover Downs Gaming & Entertainment, The Service Companies and Penn National Gaming.

  • Where is Wynn Resorts headquarters?

    Wynn Resorts headquarters is located at 3131 S Las Vegas Blvd, Las Vegas.

  • Where are Wynn Resorts offices?

    Wynn Resorts has an office in Las Vegas.

  • How many offices does Wynn Resorts have?

    Wynn Resorts has 1 office.