Wynn Resorts, Limited
wynnresorts.comWhat Do They Do?
Operates integrated casino resorts offering gaming, hotel stays, and dining and entertainment to leisure travelers, casino guests, and convention visitors.
10-K for FY2025, filed Mar 2, 2026Wynn Resorts, Limited ("Wynn Resorts," "Wynn," or together with its subsidiaries, "we" or the "Company") is a preeminent designer…View ↗
Through our approximately 72% ownership of Wynn Macau, Limited ("WML"), we operate two integrated resorts in the Macau Special…View ↗
We continue to seek out new opportunities to develop and operate world-class integrated resorts and related businesses around the world.…View ↗
How Do They Make Money?
Customers wager at the casinos, where revenue comes from the net difference between gaming wins and losses; guests also buy rooms, food and beverage, entertainment, retail and other goods and services.
10-K for FY2025, filed Mar 2, 2026
-
10-K for FY2025, filed Mar 2, 2026
FY2025 revenue by product or service ↗
$7.1B
-
10-K for FY2025, filed Mar 2, 2026
$7.1B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Casino
Usage-based
10-K for FY2025, filed Mar 2, 2026 |
62%
FY2022: 43%
|
Casino, FY2025
$4.4B Sources
|
Usage-based |
|
Rooms
|
16%
FY2022: 21%
|
Rooms, FY2025
$1.1B Sources
|
|
|
Food and Beverage
|
15%
FY2022: 23%
|
Food and Beverage, FY2025
$1B Sources
|
|
|
Entertainment, retail and other
|
7.7%
FY2022: 13%
|
Entertainment, retail and other, FY2025
$548.6M Sources
|
Who Are Their Customers?
Guests visit the resorts for gaming, hotel stays, dining, shopping, entertainment and conventions. The company attracts domestic and international premium guests, including high-net-worth international tourists, and uses international marketing offices to build customer relationships.
10-K for FY2025, filed Mar 2, 2026Wynn Resorts, Limited ("Wynn Resorts," "Wynn," or together with its subsidiaries, "we" or the "Company") is a preeminent designer…View ↗
Central to our strategy is the construction of, and regular reinvestment in, world-class integrated resorts. These activities are led by…View ↗
We continue to seek out new opportunities to develop and operate world-class integrated resorts and related businesses around the world.…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 5 cents of every revenue dollar as net income in FY2025 and turned 10 cents into free cash flow.
10-K for FY2025, filed Mar 2, 2026
$1.1BView ↗
10-K for FY2025, filed Mar 2, 2026
$327.3MView ↗
10-K for FY2025, filed Mar 2, 2026
$692.2MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 6, 2026
$140.1MView ↗
- ▲ +112%
- vs $66.2M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
-
Jul 22, 2026
Amended land contract permits Wynn Palace expansion
The plans add a hotel, theater and event and entertainment center.
Sources
8-K, filed Jul 22, 2026
On July 21, 2026 (July 22, 2026 Hong Kong time), the Macau Special Administrative Region of the People’s Republic of China (the “Macau…View ↗
Growing. Revenue grew 90% in 4 years, from $3.8B in FY2021 to $7.1B in FY2025, about 17% a year.
Who Do They Compete With?
Competes with SJM, Galaxy, Venetian Macau, Melco, and MGM Macau
10-K for FY2025, filed Mar 2, 2026Macau, located in the Greater Bay Area, is governed as a special administrative region of China and is located approximately 37 miles…View ↗
Loading...
