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HybridTier-1Licensed

Wynn Resorts

Land-based + Online operator headquartered in Las Vegas, USA. Key brands: Wynn Las Vegas, Encore, Wynn Macau. Licensed by State Gaming Commissions. Established 2002.

5.0
Las Vegas, USA NASDAQ: WYNN Visit website

Company Overview

Wynn Resorts, Limited is an American publicly traded developer and operator of high-end hotels and casinos. Founded in 2002 by legendary casino developer Steve Wynn, the company is renowned for its luxury integrated resorts in Las Vegas, Macau, and Massachusetts. Wynn Resorts generated US$7.1 billion in revenue in 2024 and is recognized as one of the premier luxury gaming operators in the world.

The company operates through three primary segments: Wynn Las Vegas (encompassing Wynn Las Vegas and Encore on the Strip), Wynn Macau (including Wynn Macau, Encore at Wynn Macau, and Wynn Palace in Cotai), and Encore Boston Harbor (a luxury integrated resort in Massachusetts). Wynn is known for its focus on the ultra-luxury segment, with properties featuring Michelin-starred restaurants, designer boutiques, and world-class entertainment.

Wynn Resorts is publicly traded on the NASDAQ under the ticker symbol WYNN and is a component of the S&P 500 index. The company employs approximately 28,000 people and is recognized as a Tier-1 operator in the global gaming industry. Wynn holds more Forbes 5-Star awards than any other independent hotel company in the world.

Key Brands & Properties

Wynn Las Vegas
Encore Las Vegas
Encore Boston Harbor
Wynn Macau
Encore at Wynn Macau
Wynn Palace (Cotai)

Leadership & Management

C

Craig Billings

CEO

P

Philip Satre

Chairman of the Board

J

Julie Cameron-Doe

CFO

M

Marilyn Spiegel

President — Wynn Las Vegas

Features & Offerings

Wynn Las Vegas — The Flagship

Wynn Las Vegas, opened in 2005, is the company's flagship property and one of the most luxurious resorts on the Las Vegas Strip. The 215-acre resort features 2,716 rooms across Wynn and Encore towers, a 111,000-square-foot casino, 19 restaurants (including multiple Michelin-starred venues), an 18-hole golf course, the Lake of Dreams show, and luxury retail boutiques including Chanel, Louis Vuitton, and Hermès. Wynn Las Vegas holds more Forbes 5-Star awards than any other independent hotel in the world.

Wynn Macau & Wynn Palace

Wynn Macau, opened in 2006, was the company's first international property and is now the highest-grossing casino in the Macau Peninsula. Encore at Wynn Macau opened in 2010, expanding the luxury offering. In 2016, the company opened Wynn Palace in Cotai, a $4.2 billion floral-themed integrated resort featuring a 1,706-room hotel, a performance lake with choreographed fountains and cable cars, and extensive luxury retail and dining options.

Encore Boston Harbor

Opened in 2019, Encore Boston Harbor is a $2.6 billion luxury integrated resort in Everett, Massachusetts — the only resort casino in the Boston metropolitan area. The property features 671 hotel rooms, a 210,000-square-foot casino, 15 restaurants, and a 3-mile riverwalk along the Mystic River. It is the largest single-phase private development in Massachusetts history.

Wynn Rewards Loyalty Program

Wynn Rewards is the company's loyalty program, offering members tiered benefits including room upgrades, dining credits, free play, and exclusive access to events. The program features four tiers: Red, Platinum, Black, and the invitation-only Chairman's Club. Members earn points across all Wynn properties worldwide.

Luxury Dining & Entertainment

Wynn is renowned for its culinary excellence, with multiple Michelin-starred restaurants across its properties. Signature restaurants include Wing Lei (the first Michelin-starred Chinese restaurant in the US), Mizumi, Sinatra, and Lakeside. The company also produces original entertainment, including the Lake of Dreams at Wynn Las Vegas and Awakening at Wynn Palace.

Gaming Portfolio

Game Types

SlotsTable GamesBaccaratBlackjackRouletteSports BettingPokerRace & Sports Book

Software Providers

IGTAristocratLight & WonderEvolution GamingNovomaticWynn (in-house)

Payment Methods

CashVisaMastercardAmerican ExpressCasino CreditWire TransferCage DepositsWynn RewardsMobile Wallet

Corporate History

2000 — Steve Wynn Acquires Desert Inn

After selling Mirage Resorts to MGM Grand, Steve Wynn purchased the Desert Inn in Las Vegas for $270 million, laying the groundwork for his next venture.

2002 — Wynn Resorts Founded & IPO

Steve Wynn, Elaine Wynn, and Japanese billionaire Kazuo Okada founded Wynn Resorts. The company held its IPO on NASDAQ on October 25, 2002, raising capital for its first project.

2005 — Wynn Las Vegas Opens

The company's first property, Wynn Las Vegas, opened on April 28, 2005, at a cost of $2.7 billion — the most expensive casino resort ever built at the time. The luxury resort set new standards for high-end gaming and hospitality.

2006 — Wynn Macau Opens

Wynn Macau opened on September 6, 2006, becoming the company's first international property and quickly establishing itself as the highest-grossing casino on the Macau Peninsula.

2008 — Encore Las Vegas Opens

Encore, an extension of Wynn Las Vegas, opened in December 2008, adding 2,034 suites and expanding the resort's gaming, dining, and retail offerings.

2010 — Encore at Wynn Macau Opens

Encore at Wynn Macau opened on April 21, 2010, expanding the company's Macau Peninsula operations with additional luxury gaming and hotel capacity.

2012 — Okada Ousted

Following a corporate investigation into alleged improper payments to Philippine gaming regulators, the board forced Kazuo Okada's Aruze USA to sell back its 19.7% stake at a discount, ending the partnership.

2016 — Wynn Palace Opens

Wynn Palace in Cotai, Macau, opened on August 22, 2016, at a cost of $4.2 billion. The floral-themed integrated resort features a performance lake, cable cars, and 1,706 luxury rooms.

2018 — Steve Wynn Resigns

Steve Wynn resigned as Chairman and CEO in February 2018 amid allegations of sexual misconduct, ending his tenure at the company he founded. Matt Maddox succeeded him as CEO.

2019 — Encore Boston Harbor Opens

Encore Boston Harbor, a $2.6 billion luxury integrated resort in Everett, Massachusetts, opened in June 2019 — the largest single-phase private development in Massachusetts history.

2022 — Craig Billings Becomes CEO

Craig Billings succeeded Matt Maddox as CEO in 2022, leading the company's continued focus on luxury operations and digital expansion.

2024 — Strong Financial Performance

Wynn Resorts reported $7.1 billion in revenue for 2024, with strong performance across its Las Vegas, Macau, and Boston operations. The company continues to hold more Forbes 5-Star awards than any other independent hotel company.

Responsible Gaming

Wynn Resorts is committed to responsible gaming across all its properties in Las Vegas, Macau, and Massachusetts. The company implements comprehensive responsible gaming programs including:

  • Player Protection Systems — All Wynn properties use advanced player tracking systems to identify potentially problematic gambling patterns and enable early intervention by trained staff.
  • Self-Exclusion Programs — Guests can voluntarily exclude themselves from gaming at any Wynn property. The programs are coordinated with local regulators including Macau's DICJ and Massachusetts' MGC.
  • Trained Staff — All Wynn employees undergo mandatory responsible gaming training. The company employs dedicated responsible gaming coordinators at each property to assist patrons.
  • Wynn Rewards Responsible Gaming Tools — The loyalty program integrates responsible gaming features, allowing members to set spending and time limits on their gaming activity.
  • Massachusetts Voluntary Self-Exclusion — Encore Boston Harbor participates in the Massachusetts Gaming Commission's Voluntary Self-Exclusion program, allowing patrons to exclude from all Massachusetts gaming facilities.
  • Underage Gaming Prevention — Strict ID verification protocols are enforced at all properties. All guests must be 21 or older to enter gaming floors in Las Vegas and Macau.

Patrons experiencing gambling-related harm can contact the National Problem Gambling Helpline at 1-800-522-4700 (US) or Macau's responsible gaming resources.

Pros & Cons

Pros

  • Premier luxury gaming operator — more Forbes 5-Star awards than any independent hotel company
  • Iconic Wynn Las Vegas — one of the Strip's most luxurious resorts
  • Strong Macau presence with Wynn Macau and Wynn Palace (Cotai)
  • Encore Boston Harbor — exclusive Boston-area resort casino
  • Publicly traded (NASDAQ: WYNN), S&P 500 component — high transparency
  • Michelin-starred dining across multiple properties
  • Ultra-luxury market positioning — high-margin VIP and premium mass business
  • Strong post-pandemic recovery with diversified US + Macau revenue

Cons

  • Smaller portfolio than competitors (6 properties vs 50+ for Caesars/MGM)
  • No online gaming or sports betting operations
  • Heavy Macau concentration — exposed to Chinese regulatory and geopolitical risk
  • VIP revenue sensitive to Chinese anti-corruption campaigns
  • Negative equity position due to large share buybacks and debt
  • Steve Wynn legacy controversy still associated with the brand

Awards & Recognition

  • Forbes 5-Star Awards — Wynn Las Vegas (most 5-star awards of any independent hotel company)
  • Michelin Guide — Multiple Wynn restaurants
  • AAA Five Diamond Awards — Wynn & Encore
  • Best Luxury Casino Operator — Global Gaming Awards
  • S&P 500 Component

Frequently Asked Questions

Key Facts

TypeHybrid
TierTier-1
Founded2002
FounderSteve Wynn, Elaine Wynn, Kazuo Okada
HeadquartersLas Vegas, USA
Parent companyWynn Resorts, Limited
OrganizationWynn Las Vegas, Encore, Wynn Macau
LicenseState Gaming Commissions
Stock tickerNASDAQ: WYNN
Revenue$7.1B (2024)
Employees28,000
Trust score90/100

Trust & Security

Trust Score90/100

Certifications

Macau DICJ LicensedMassachusetts MGC LicensedGLI CertifiedSSL 256-bit EncryptionAML Compliant

Specialties

Land-basedOnline CasinoSlots

Operating Markets

USA

Languages

EnglishMandarinCantonesePortugueseJapaneseKorean

Currencies

USDMOPHKDCNY

Customer Support

24/7 ConciergeEmail SupportPhone SupportIn-Person Casino HostsVIP ServicesButler Service

Awards

  • Forbes 5-Star Awards — Wynn Las Vegas (most 5-star awards of any independent hotel company)
  • Michelin Guide — Multiple Wynn restaurants
  • AAA Five Diamond Awards — Wynn & Encore
  • Best Luxury Casino Operator — Global Gaming Awards
  • S&P 500 Component
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