Wynn Resorts is a developer, owner, and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company operates through two segments: Macau Operations and Las Vegas Operations. 

Type
Public
HQ
Las Vegas, US
Founded
2002
Size (employees)
24,600 (est)
Wynn Resorts was founded in 2002 and is headquartered in Las Vegas, US
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Key People/Management at Wynn Resorts

Matt Maddox

Matt Maddox

Chief Executive Officer
D. Boone Wayson

D. Boone Wayson

Non-Executive Chairman of the Board of Directors
Gamal Aziz

Gamal Aziz

President for Wynn Macau
Linda Chen

Linda Chen

President, Wynn International Marketing, Ltd
DeRuyter O. Butler

DeRuyter O. Butler

Executive Vice President-Architecture for Wynn Design & Development
Ian M. Coughlan

Ian M. Coughlan

President, Wynn Resorts (Macau), S.A.

Wynn Resorts Office Locations

Wynn Resorts has an office in Las Vegas
Las Vegas, US (HQ)
3131 Las Vegas Boulevard South
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Wynn Resorts Financials and Metrics

Wynn Resorts Financials

Wynn Resorts's revenue was reported to be $6.31 b in FY, 2017
USD

Revenue (FY, 2017)

6.3 b

Net income (FY, 2017)

889.3 m

EBIT (FY, 2017)

1.1 b

Market capitalization (23-Apr-2018)

19.8 b

Cash (31-Dec-2017)

2.8 b

EV

26.7 b
Wynn Resorts's current market capitalization is $19.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6 b5.8 b4.4 b4.5 b6.3 b

Revenue growth, %

(3%)(24%)1%

Cost of goods sold

3.5 b3.3 b2.5 b

Gross profit

2.5 b2.5 b1.9 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

1.4 b1.5 b1.4 b1.4 b1.1 b1 b996.3 m997.7 m1.1 b1.1 b1.5 b1.5 b

General and administrative expense

105 m111.3 m128.5 m126.8 m122.2 m113.7 m116.6 m117.4 m119.5 m144.2 m160 m164.2 m

Operating expense total

1.1 b1.1 b1.1 b1 b907.2 m871.3 m843.5 m839.4 m910.8 m1 b1.2 b1.3 b1.4 b

EBIT

314 m376.8 m341.3 m332.6 m185.1 m169.1 m152.8 m158.3 m147.5 m76.9 m249.9 m246.9 m257.3 m
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

2 b1.3 b1.3 b1.7 b2.4 b2.2 b2.1 b2.5 b2.8 b

Accounts Receivable

20.4 m

Inventories

74.7 m72.2 m74.5 m91.5 m71.6 m

Current Assets

3 b2.8 b2.5 b3 b3.4 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

2 b3.3 b3 b2.9 b1.6 b1.5 b1.9 b2.1 b1.9 b1.5 b2.5 b2.5 b2.9 b

Inventories

73 m71.9 m70.1 m70 m69.9 m66.6 m66.6 m72.6 m74.8 m88.7 m86.5 m84.5 m82.9 m

Current Assets

2.8 b3.8 b3.6 b3.5 b2.4 b2.1 b2.3 b2.6 b2.4 b2.1 b3.1 b3 b3.6 b

PP&E

4.8 b5 b5.2 b5.5 b6.2 b6.6 b7.1 b7.6 b7.8 b8.3 b8.3 b8.3 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1 b962.6 m281.5 m302.5 m889.3 m

Depreciation and Amortization

371.1 m314.1 m322.6 m404.7 m552.4 m

Inventories

Accounts Payable

260.1 m(102.8 m)(107.6 m)117 m71 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

248.8 m303 m258.4 m253 m(13.9 m)63.3 m154.3 m105.8 m195.2 m175.9 m132.5 m239.3 m106 m

Depreciation and Amortization

93.3 m76.7 m78.4 m79 m82.9 m164.8 m245.4 m78 m157.7 m264.2 m139.8 m277.5 m

Inventories

70.1 m70 m69.9 m66.6 m66.6 m72.6 m74.8 m88.7 m86.5 m82.9 m

Accounts Payable

(151.5 m)(140.9 m)(76.8 m)(17.6 m)87.4 m(67.4 m)(28.6 m)
USDY, 2017

EV/EBIT

25.2 x

EV/CFO

14.2 x

Revenue/Employee

256.4 k

Financial Leverage

11.8 x
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Wynn Resorts News and Updates

BRIEF-Elaine Wynn Requests Wynn Resorts For Nomination Of New Directors On Board

* ELAINE WYNN - ON APRIL 17, 2018, ELAINE WYNN SENT A LETTER TO BOARD OF DIRECTORS OF WYNN RESORTS LTD

Wynn Resorts in talks to sell Boston Harbor property to MGM - WSJ

April 12 (Reuters) - Casino operator Wynn Resorts Ltd is in talks to sell its partially built Boston Harbor resort to rival MGM Resorts International, the Wall Street Journal reported https://www.wsj.com/articles/wynn-resorts-in-early-talks-to-sell-boston-area-casino-project-to-mgm-1523556165?mod=searchresults&amp…

BRIEF-Wynn Has Not Discussed Sale With MGM - Wynn Resorts Spokesperson

* WYNN HAS NOT HAD ANY DISCUSSION WITH MGM OR ITS ADVISORS ABOUT A SALE Further company coverage:

BRIEF-Galaxy Entertainment Group Acquires 5.3 Mln Shares In Wynn Resorts

* ‍TRANSACTION IN RELATION TO AN ACQUISITION OF SHARES IN WYNN RESORTS, LIMITED

Former Wynn Resorts CEO Steve Wynn sells entire stake in company

March 22 (Reuters) - Wynn Resorts Ltd said on Thursday that former Chief Executive Steve Wynn no longer holds a stake in the company after he agreed to sell all his remaining 8 million shares in privately negotiated transactions.

Steve Wynn cuts stake in Wynn Resorts, becomes No. 3 holder

(Reuters) - Steve Wynn, the former chief executive of Wynn Resorts Ltd , has lowered his stake in the casino operator to about 7.8 percent from 11.78 percent, a regulatory filing showed on Thursday.
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