Wynn Resorts Declares Special Cash Dividend and Announces Board Approval of a Regular Cash Dividend Commencing in 2010

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Mon Nov 9, 2009 9:00am EST

LAS VEGAS--(Business Wire)--
Wynn Resorts, Limited (Nasdaq:WYNN), announced today that its Board of Directors
declared a special cash dividend of $4.00 per share on its outstanding common
stock. This dividend will be payable on December 3, 2009, to stockholders of
record on November 19, 2009. The stock will begin to trade ex-dividend on
November 17, 2009. 

The Company`s Board of Directors also approved the commencement of a regular
cash dividend program, beginning in 2010. It is currently anticipated this
regular cash dividend will be $0.20 per share of common stock for the first
quarter of 2010, payable in the second quarter of 2010. 

Forward-looking Statements 

This release contains forward-looking statements regarding payment of certain
cash dividends by the Company. Such forward-looking information involves
important risks and uncertainties that could significantly affect payment by the
Company of the cash dividends. The risks and uncertainties include, but are not
limited to competition in the casino/hotel and resorts industries, the Company`s
dependence on existing management, levels of travel, leisure and casino
spending, general economic conditions, and changes in gaming laws or
regulations. Additional information concerning potential factors that could
affect payment by the Company of the cash dividends is included in the Company's
Annual Report on Form 10-K for the year ended December 31, 2008 and the
Company's other periodic reports filed with the Securities and Exchange
Commission. The Company is under no obligation to (and expressly disclaims any
such obligation to) update its forward-looking statements as a result of new
information, future events or otherwise.

Wynn Resorts
Samanta Stewart, 702-770-7555 

Copyright Business Wire 2009

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