Profile: Wynn Resorts Ltd (WYNN.OQ)
26 May 2017
Wynn Resorts, Limited (Wynn Resorts), incorporated on June 3, 2002, 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's segments include Macau Operations and Las Vegas Operations. The Company's Macau Operations include Wynn Macau and Wynn Palace. It also includes Encore, an expansion at Wynn Macau. The Company's Las Vegas Operations include Wynn Las Vegas and Encore, an expansion at Wynn Las Vegas. The Company is constructing Wynn Boston Harbor, an integrated casino resort in Everett, Massachusetts.
As of February 15, 2017, Wynn Macau included approximately 284,000 square feet of casino space offering 24-hour gaming and a range of games with 303 table games and 957 slot machines, private gaming salons, sky casinos and a poker pit; two hotel towers with a total of 1,008 guest rooms and suites, and eight food and beverage outlets. As of February 15, 2017, it also featured approximately 57,000 square feet of retail space; approximately 31,000 square feet of meeting and convention space, and recreation and leisure facilities, including two health clubs, spas, a salon and a pool. The Company's Macau Operations also include rotunda show featuring a Chinese zodiac-inspired ceiling along with gold prosperity tree and dragon of fortune attractions. As of February 15, 2017, Wynn Palace included approximately 420,000 square feet of casino space, offering 24-hour gaming and a range of games with 304 table games and 996 slot machines, private gaming salons, sky casinos and a poker pit; a luxury hotel with a total of 1,706 guest rooms, suites and villas; 10 food and beverage outlets; approximately 105,000 square feet of retail space; approximately 40,000 square feet of meeting and convention space; recreation and leisure facilities, including a gondola ride, health club, spa, salon and pool, and public attractions including a performance lake and floral art displays.
Las Vegas Operations
Wynn Las Vegas is located at the intersection of the Las Vegas Strip and Sands Avenue. As of December 31, 2016, it occupied approximately 215 acres of land fronting the Las Vegas Strip. As of December 31, 2016, the Company owned approximately 18 acres across Sands Avenue, a portion of which was utilized for employee parking and an office building, and approximately five acres adjacent to the golf course, upon which an office building was located. As of February 15, 2017, Wynn Las Vegas featured approximately 189,000 square feet of casino space, offering 24-hour gaming and a full range of games with 234 table games and 1,907 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book; two luxury hotel towers with a total of 4,748 guest rooms, suites and villas; 33 food and beverage outlets; approximately 99,000 square feet of high-end, brand-name retail space; approximately 290,000 square feet of meeting and convention space; three nightclubs and a beach club; recreation and leisure facilities, including an 18-hole golf course, swimming pools, private cabanas, two full service spas and salons, and a wedding chapel, and a theater presenting Le Reve-The Dream, a water-based theatrical production and a theater presenting entertainment productions and various headliner entertainment acts.
Wynn Resorts Ltd
3131 Las Vegas Blvd S
LAS VEGAS NV 89109-1967
Company Web Links
- BRIEF-Wynn Resorts prices $900 mln debt private offering
- BRIEF-Wynn resorts announces private offering of $900 million aggregate principal amount
- BRIEF-Wynn Resorts Ltd's CEO Stephen A. Wynn's 2016 total compensation $28.2 mln
- BRIEF-Wynn Resorts announces Craig Billings as CFO
- BRIEF-WYNN resorts reports Q4 adj EPS $0.50