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Wynn Resorts Ltd

Exchange: NASDAQSector: Consumer CyclicalIndustry: Resorts & Casinos

Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.com), Wynn Macau (wynnmacau.com), Wynn Palace, Cotai (wynnpalace.com), and operates Encore Boston Harbor (encorebostonharbor.com). The Company is constructing an Integrated Resort in Ras Al Khaimah, United Arab Emirates, set to open in 2027. Wynn and Encore Las Vegas consist of two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. The resort features approximately 194,000 square feet of casino space, 20 signature dining experiences, 14 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 177,000 square feet of retail space as well as two showrooms, two nightclubs, a beach club, and recreation and leisure facilities, including Wynn Golf Club, an 18-hole championship golf course. Encore Boston Harbor is a luxury resort destination featuring a 210,000 square foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 14 dining and lounge venues, a nightclub and approximately 71,000 square feet of state-of-the-art ballroom and meeting spaces. Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has created a six-acre public park and Harborwalk along the shoreline. It is the largest private, single-phase development in the history of the Commonwealth of Massachusetts. Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms and suites, approximately 294,000 square feet of casino space, 14 food and beverage outlets, approximately 31,000 square feet of meeting and convention space, approximately 64,300 square feet of retail space, and recreation and leisure facilities including two opulent spas, a salon and a rotunda show. Wynn Palace is a luxury integrated resort in Macau. Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, approximately 468,000 square feet of casino space, 14 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 107,000 square feet of designer retail, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a lush spa, salon and recreation and leisure facilities. Wynn Al Marjan Island will be the first integrated resort in the United Arab Emirates. Set to open in 2027, the resort will be located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah. Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding, creating a new category of luxury in the region. The resort will offer 1,542 rooms and well-appointed suites, as well as 22 restaurants, lounges, and bars, a theater, a nightclub, and a beach club adjacent to the Arabian Gulf. In addition, Wynn Al Marjan Island will feature multiple swimming and wading pools, water features, private cabanas, and tropical landscaping, a five-star spa, and a salon. The resort will also include a 15,000-square-meter shopping promenade filled with the world's top luxury boutiques, and a 7,500-square-meter meetings and events center. About Chef's Table Chef's Table premiered on Netflix in 2015 as an American docuseries featuring culinary stars around the world. Emmy Award-winning and the longest-running original series on Netflix, Chef's Table has captivated millions of viewers with its uniquely intimate portrayals of passionate chefs. Building on its first 10 years, Chef's Table enters a new chapter of growth to broaden its reach through brand partnerships with industry-leading companies, and the launch of Chef's Table: Talks, a podcast hosted by David Gelb.

Current Price

$98.54

+0.49%

GoodMoat Value

$132.67

34.6% undervalued
Profile
Valuation (TTM)
Market Cap$10.28B
P/E27.40
EV$20.53B
P/B
Shares Out104.28M
P/Sales1.41
Revenue$7.29B
EV/EBITDA11.91

Wynn Resorts Ltd (WYNN) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Wynn Resorts is a high-end casino and resort operator with a strong brand moat in premium destinations like Las Vegas and Macau. While it possesses a durable competitive advantage, investors must weigh its high valuation, significant debt, and cyclical risks against its cash-generating potential.

Read full analysis
Wynn Resorts Ltd (WYNN) owns and operates luxury integrated casino resorts, which combine high-end hotels, fine dining, entertainment, and gambling facilities. Its primary customers are affluent leisure and business travelers seeking a premium experience. The company's main assets are in Las Vegas, Macau, and Boston, with its brand synonymous with luxury in the gaming industry. Its moat, as per the GoodMoat framework, is primarily based on Brand & Culture and Regulatory Barriers. Wynn's brand is a significant differentiator in the luxury segment, and its operations in Macau benefit from a government-controlled licensing system that limits competition. However, it scores lower on other moat criteria like Network Effects or Proprietary Data. Key risks for a value investor are prominent. The company operates in a highly cyclical industry (a Medium Confidence Red Flag for Macro Sensitivity), and its valuation appears elevated with a P/E of 32.4x against modest revenue growth of 1.5% YoY. While its 6.5% Free Cash Flow Yield is attractive, the lack of provided Debt/Equity data requires investigation, as casino operators typically carry significant leverage, a potential High Confidence Red Flag for cash burn and dilution if refinanced poorly. The business model is asset-heavy with high fixed costs, making it sensitive to economic downturns and travel patterns. A value investor might be interested in the strong brand and cash flow, but would need a deep margin of safety to account for the debt, cyclicality, and current price, which at $101.89 is below the platform's target but trades at a premium earnings multiple. Analysis based on data as of 2024-05-15.

WYNN Company Information

Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.

com), Wynn Macau (wynnmacau. com), Wynn Palace, Cotai (wynnpalace. com), and operates Encore Boston Harbor (encorebostonharbor. com).

The Company is constructing an Integrated Resort in Ras Al Khaimah, United Arab Emirates, set to open in 2027.

Wynn and Encore Las Vegas consist of two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas.

The resort features approximately 194,000 square feet of casino space, 20 signature dining experiences, 14 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 177,000 square feet of retail space as well as two showrooms, two nightclubs, a beach club, and recreation and leisure facilities, including Wynn Golf Club, an 18-hole championship golf course.

Encore Boston Harbor is a luxury resort destination featuring a 210,000 square foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 14 dining and lounge venues, a nightclub and approximately 71,000 square feet of state-of-the-art ballroom and meeting spaces.

Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has created a six-acre public park and Harborwalk along the shoreline.

It is the largest private, single-phase development in the history of the Commonwealth of Massachusetts.

Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms and suites, approximately 294,000 square feet of casino space, 14 food and beverage outlets, approximately 31,000 square feet of meeting and convention space, approximately 64,300 square feet of retail space, and recreation and leisure facilities including two opulent spas, a salon and a rotunda show.

Wynn Palace is a luxury integrated resort in Macau.

Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, approximately 468,000 square feet of casino space, 14 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 107,000 square feet of designer retail, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a lush spa, salon and recreation and leisure facilities.

Wynn Al Marjan Island will be the first integrated resort in the United Arab Emirates.

Set to open in 2027, the resort will be located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah.

Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding, creating a new category of luxury in the region.

The resort will offer 1,542 rooms and well-appointed suites, as well as 22 restaurants, lounges, and bars, a theater, a nightclub, and a beach club adjacent to the Arabian Gulf.

In addition, Wynn Al Marjan Island will feature multiple swimming and wading pools, water features, private cabanas, and tropical landscaping, a five-star spa, and a salon.

The resort will also include a 15,000-square-meter shopping promenade filled with the world's top luxury boutiques, and a 7,500-square-meter meetings and events center.

About Chef's Table Chef's Table premiered on Netflix in 2015 as an American docuseries featuring culinary stars around the world.

Emmy Award-winning and the longest-running original series on Netflix, Chef's Table has captivated millions of viewers with its uniquely intimate portrayals of passionate chefs.

Building on its first 10 years, Chef's Table enters a new chapter of growth to broaden its reach through brand partnerships with industry-leading companies, and the launch of Chef's Table: Talks, a podcast hosted by David Gelb.

Sector

Consumer Cyclical

Industry

Resorts & Casinos

Exchange

NASDAQ

Country

Nevada, USA

WYNN Key Officers

Key officers data coming soon

WYNN Company Profile

Wynn Resorts Ltd (WYNN) is a Consumer Cyclical company in the Resorts & Casinos industry. It trades on NASDAQ. The company is based in Nevada, USA.

Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.com), Wynn Macau (wynnmacau.com), Wynn Palace, Cotai (wynnpalace.com), and operates Encore Boston Harbor (encorebostonharbor.com). The Company is constructing an Integrated Resort in Ras Al Khaimah, United Arab Emirates, set to open in 2027. Wynn and Encore Las Vegas consist of two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. The resort features approximately 194,000 square feet of casino space, 20 signature dining experiences, 14 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 177,000 square feet of retail space as well as two showrooms, two nightclubs, a beach club, and recreation and leisure facilities, including Wynn Golf Club, an 18-hole championship golf course. Encore Boston Harbor is a luxury resort destination featuring a 210,000 square foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 14 dining and lounge venues, a nightclub and approximately 71,000 square feet of state-of-the-art ballroom and meeting spaces. Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has created a six-acre public park and Harborwalk along the shoreline. It is the largest private, single-phase development in the history of the Commonwealth of Massachusetts. Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms and suites, approximately 294,000 square feet of casino space, 14 food and beverage outlets, approximately 31,000 square feet of meeting and convention space, approximately 64,300 square feet of retail space, and recreation and leisure facilities including two opulent spas, a salon and a rotunda show. Wynn Palace is a luxury integrated resort in Macau. Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, approximately 468,000 square feet of casino space, 14 food and beverage outlets, approximately 37,000 square feet of meeting and convention space, approximately 107,000 square feet of designer retail, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a lush spa, salon and recreation and leisure facilities. Wynn Al Marjan Island will be the first integrated resort in the United Arab Emirates. Set to open in 2027, the resort will be located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah. Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding, creating a new category of luxury in the region. The resort will offer 1,542 rooms and well-appointed suites, as well as 22 restaurants, lounges, and bars, a theater, a nightclub, and a beach club adjacent to the Arabian Gulf. In addition, Wynn Al Marjan Island will feature multiple swimming and wading pools, water features, private cabanas, and tropical landscaping, a five-star spa, and a salon. The resort will also include a 15,000-square-meter shopping promenade filled with the world's top luxury boutiques, and a 7,500-square-meter meetings and events center. About Chef's Table Chef's Table premiered on Netflix in 2015 as an American docuseries featuring culinary stars around the world. Emmy Award-winning and the longest-running original series on Netflix, Chef's Table has captivated millions of viewers with its uniquely intimate portrayals of passionate chefs. Building on its first 10 years, Chef's Table enters a new chapter of growth to broaden its reach through brand partnerships with industry-leading companies, and the launch of Chef's Table: Talks, a podcast hosted by David Gelb.

Market cap is $10.28B. There are 104.3M shares outstanding. Dividend yield is 1.70%.

See the full Wynn Resorts Ltd profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if WYNN is a good investment.