Wynn Resorts Limited (NASDAQ: WYNN)
Resorts & Casinos Β· Las Vegas, NV, United States Β· Founded 2002
- Market capitalization: $10.0 billion
- Annual revenue: $6.72 billion
- Net income: $0.33 billion
- Employees: 30,000
- Sector: Consumer Cyclical
- Headquarters: Las Vegas, United States
- Founded: 2002
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Wynn Resorts is a luxury casino and hotel operator known for its flagship propertiesβWynn and Encore in Las Vegas and Wynn Palace and Wynn Macau in China's gambling enclave. The company is synonymous with ultra-premium hospitality, targeting high-net-worth gamblers and luxury travelers. Wynn's properties consistently rank among the highest-rated resorts in the world.
Wynn earns revenue from casino gaming (table games and slots), hotel room sales, food and beverage, entertainment, and retail leasing. The VIP and premium mass gaming segments generate disproportionate revenue relative to the number of guests served.
Steve Wynn founded the company in 2002 after being forced out of Mirage Resorts. Wynn Las Vegas opened in 2005 and immediately set a new standard for Strip luxury. Steve Wynn resigned in 2018 amid sexual misconduct allegations, and the company has since operated under CEO Craig Billings. Wynn's Macau operations have recovered strongly from China's COVID-19 restrictions.
| Market Capitalization | $10.0B |
| Annual Revenue | $6.72B |
| Net Income | $0.33B |
| Profit Margin | 5% |
| Revenue per Employee | $224000K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | WYNN |
Financial data is approximate and based on most recent annual filings.
Wynn Las Vegas was the most expensive hotel ever built at the time of its opening, costing $2.7 billion. The company holds one of only six gaming concessions in Macau, a license that is essentially irreplaceable.
Wynn is the purest luxury play in gamingβthe brand commands premium pricing that mass-market operators cannot match. The Macau recovery and potential UAE gaming expansion provide growth catalysts, but the stock's leverage to Macau makes it a proxy for Chinese consumer confidence.
What is Wynn Resorts Limited's revenue?
Wynn Resorts Limited generates approximately $6.72 billion in annual revenue.
How many employees does Wynn Resorts Limited have?
Wynn Resorts Limited employs approximately 30,000 people worldwide.
What is Wynn Resorts Limited's market cap?
Wynn Resorts Limited (WYNN) has a market capitalization of approximately $10.0 billion on the NASDAQ.
When was Wynn Resorts Limited founded?
Wynn Resorts Limited was founded in 2002 and is headquartered in Las Vegas, NV, United States.
Who is the CEO of Wynn Resorts Limited?
Craig Billings is the current CEO of Wynn Resorts Limited.
What is Wynn Resorts Limited's website?
Wynn Resorts Limited's official website is wynnresorts.com.
| CEO | Craig Billings |
| Sector | Consumer Cyclical |
| Industry | Resorts & Casinos |
| Founded | 2002 |
| HQ | Las Vegas, NV |
| Country | United States |
| Website | wynnresorts.com |
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