Wynn Resorts, Limited is a preeminent designer, developer, and operator of integrated resorts. The company's core business model focuses on creating luxury experiences through high-end hotel rooms, retail space, dining, entertainment, meeting and convention facilities, and gaming. Wynn's primary revenue streams are derived from its integrated resorts in Macau and Las Vegas. The company believes its extensive design and operational experience across numerous gaming jurisdictions provides it with a competitive advantage. Key markets include Macau, Las Vegas, and Boston. The company faces competition from other high-quality resorts and casinos worldwide.

• Employees: 27,800 (as of December 31, 2023)
• Geographic Footprint: Macau, United States, United Arab Emirates
• Headquarters: Las Vegas, Nevada
• Founded: Not explicitly stated in filing
• Number of locations/facilities: 4 integrated resorts
• Revenue: $6.53 billion (FY2023)
• Market Capitalization: $10.97 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: Wynn Macau, Wynn Las Vegas, Encore, WynnBET, Wynn Al Marjan Island

• CEO: Craig S. Billings
• CFO: Julie Cameron-Doe
• Board Chair: Philip G. Satre

The filing does not provide specific tenure information or professional background details for the executives.

• Annual Revenue: $6.53 billion (FY2023)
• Net Income: $729.99 million (FY2023)
• Market Cap: $10.97 billion (as of June 30, 2023)
• Total Assets: $13.99 billion (as of December 31, 2023)
• Employees: 27,800 (as of December 31, 2023)
• Key Financial Highlights: The company experienced a significant increase in operating revenues, primarily driven by growth in gaming volumes and visitation to its resorts.

Wynn Resorts offers a range of products and services across its integrated resorts:

• Luxury Hotel Rooms and Suites: High-end accommodations with premium amenities.
• Retail Space: High-end, brand-name retail outlets.
• Dining and Entertainment: A variety of dining options and entertainment venues.
• Meeting and Convention Facilities: Spaces for meetings and conventions.
• Gaming: Casino gaming operations, including table games and slot machines.
• Digital Sports Betting and Casino Gaming: Through its WynnBET platform (currently being discontinued in most jurisdictions).

The company operates through the following key business segments:

• Wynn Palace: Integrated resort in Macau.
• Wynn Macau: Integrated resort in Macau.
• Las Vegas Operations: Integrated resorts in Las Vegas, Nevada.
• Encore Boston Harbor: Integrated resort in Everett, Massachusetts.
• Wynn Interactive: Digital sports betting and casino gaming business (currently being discontinued in most jurisdictions).

Revenue breakdown by segments is available in the financial statements.

Wynn Resorts' strategy focuses on creating unforgettable customer experiences through world-class integrated resorts. Key strategic initiatives include:

• Regular reinvestment in world-class integrated resorts.
• Superior customer service.
• Seeking new development opportunities around the world.
• Leveraging marketing teams across various branch offices.
• Continually evaluating offerings and service levels.

The company has a demonstrated track record of developing and operating integrated resorts that stimulate local and regional economic activity. The company is currently constructing an integrated resort in Ras Al Khaimah, United Arab Emirates, expected to open in 2027.

Wynn Resorts operates in the highly competitive casino resort industry. Key aspects of the industry include:

• Primary Industry: Casino resort and hospitality industry.
• Market Trends: The industry is influenced by factors such as travel patterns, economic conditions, and regulatory changes.
• Major Competitors: The company competes with other high-quality resorts and hotel casinos in Las Vegas, Macau, and the northeastern United States.
• Market Share: Specific market share information is not provided in the filing.

• Regulatory Risks: The company is subject to extensive state and local regulation, and licensing and gaming authorities have significant control over its operations.
• Economic Risks: The business is sensitive to reductions in discretionary consumer spending and negative macroeconomic conditions.
• Operational Risks: The company depends on the continued services of key managers and employees, and is subject to various operational risks such as geopolitical tensions, travel restrictions, and competition.
• Financial Risks: The company is highly leveraged and future cash flow may not be sufficient to meet its obligations.
• Cybersecurity Risks: The company faces cybersecurity risks, including cyber and physical security breaches, system failure, and negligent or intentional misuse by customers, company employees, or employees of third-party vendors.