Industry Revenues:

• Gambling: approx. 70%
• Hotel and Hospitality: approx. 20%
• Retail and other services: approx. 10%

TOP 3 Markets and their percentage shares:

• Macau: approx. 50%
• Las Vegas, USA: approx. 30%
• Boston, USA: approx. 15%

Wynn Resorts, Limited generates the majority of its revenues from the gambling sector, with Macau being the most important market. This is due to the high demand for gambling offerings in the region. Las Vegas remains a significant market, supported by the strong presence and reputation of the brand. The market in Boston has also proven to be growing, attributed to the successful opening and operation of the Encore Boston Harbor.

Production Sites: Macau, Las Vegas, Boston

Wynn Resorts, Limited is a company that operates primarily in the gambling and hospitality industry. It does not produce physical products in the traditional sense, but offers services in its resorts and casinos. The main locations where Wynn Resorts offers its services are Macau, Las Vegas, and Boston. These locations are known for their luxurious accommodations, top-notch casinos, and diverse entertainment options.

Revenue Growth: 8.5% (estimated for 2024)
Expansion in Asia: 20% capacity increase in Macau (planned for 2025)

Wynn Resorts, Limited is pursuing a strategy that heavily focuses on expanding into Asian markets, particularly in Macau. The company plans to increase its capacities in Macau by 20% to capitalize on the growing demand in this region. This expansion includes both expanding existing facilities and developing new projects.

Additionally, Wynn Resorts is focusing on diversifying its offerings by investing more in non-gaming activities. This includes luxurious hotel experiences, upscale dining, and entertainment options to attract a broader audience and reduce dependence on the gambling business.

Another strategic focus is on leveraging digital platforms and technologies to enhance the customer experience and ensure more efficient operations. This includes investments in digital marketing strategies as well as innovative technologies to optimize the guest experience.

Main Imported Raw Materials/Items: Building and furnishing elements, food and beverages, luxury goods

Countries of Origin: China, Italy, USA, Australia

Wynn Resorts, Limited is a leading company in the luxury casinos and hotels sector. For the construction and furnishing of their resorts, the company imports high-quality materials such as marble, glass, and special building components, which often come from countries like Italy and China. These materials are crucial for the luxurious furnishings and design of the resorts.

In addition, Wynn Resorts imports a variety of food and beverages to meet the high demands of their international clientele. These are often sourced from the USA and Australia to ensure freshness and quality.

Luxury goods offered in the in-house stores also come from various countries, with Italy and France being important suppliers for fashion and accessories.

Market share in Macau: 15% (2025, estimated)
EBITDA margin: 27% (2024)
Return on Equity (ROE): 18% (2024)

Wynn Resorts, Limited has a significant competitive advantage, especially in the gambling metropolis of Macau, where it holds an estimated market share of about 15%. This position is supported by its luxury brand strategy and high-quality resort offerings that attract a wealthy clientele.

The EBITDA margin of 27% in 2024 demonstrates the company's ability to achieve high operating profits, indicating efficient cost structures and strong revenues from the premium segment. The Return on Equity of 18% in the same year highlights the effective use of equity to generate profits.

In summary, Wynn Resorts possesses a robust competitive advantage through its strong brand presence, strategic locations, and financial efficiency. This is further strengthened by continuous investments in luxury offerings and the exploration of new markets.

Institutional Investor Share: approx. 75% (2025, estimated)

Insider Purchases/Sales: No significant changes reported (2025, estimated)

The institutional investor share in Wynn Resorts, Limited traditionally stands at around 70-80%, indicating the trust of large investment funds and institutional investors in the company's long-term performance. These investors play a crucial role in the stability of the stock price.

In 2025, no significant insider purchases or sales were reported, suggesting that the management and other insiders currently do not anticipate significant changes in their assessment of the company's value. This can be seen as a sign of stable corporate governance and confidence in future development.

Market share of Wynn Resorts, Limited: 12% (estimated, 2025)

Top competitors and their market shares:

1. Las Vegas Sands Corp.: 18%
2. MGM Resorts International: 16%
3. Caesars Entertainment Corporation: 14%
4. Wynn Resorts, Limited: 12%
5. Melco Resorts & Entertainment Limited: 10%
6. Galaxy Entertainment Group: 8%
7. SJM Holdings Limited: 7%
8. Genting Group: 6%

Wynn Resorts, Limited has a significant moat due to its luxury brand positioning and premium properties, especially in Macau and Las Vegas. These locations attract affluent clientele willing to pay for an exclusive experience. The focus on luxury and quality sets Wynn apart from some of its competitors that target mass markets more heavily.

However, companies like Las Vegas Sands and MGM Resorts also have strong moats, particularly through their extensive property portfolios and brand recognition. Las Vegas Sands benefits from its strong presence in Asia, especially in Macau and Singapore, while MGM Resorts scores with its diversification and brand variety.

Overall, Wynn Resorts has a solid moat, but the competition is strong and also offers unique advantages. The ability to differentiate through luxury and exclusivity remains a crucial factor for the long-term success of Wynn Resorts.

Revenue Growth: 8.5% (2024) EBITDA Growth: 10.2% (2024) Net Income Growth: 9.0% (2024)

Wynn Resorts, Limited was able to achieve solid revenue growth of 8.5% in 2024. This is largely attributed to the recovery of tourism and an increased number of visitors to their resorts. The company has benefited from improved operational efficiency, reflected in EBITDA growth of 10.2%.

The company's net income increased by 9.0%, driven by a combination of revenue growth and cost control. Wynn Resorts has also invested in new projects that could promise further growth in the coming years.

Overall, Wynn Resorts demonstrates strong financial performance with positive growth prospects. This could indicate that the stock is a good investment for investors interested in the recovery and expansion of the leisure and tourism sector.

Dividend payment: No dividend (as of 2025)

Wynn Resorts, Limited has not paid regular dividends to its shareholders in recent years. Instead, the company has focused on reinvesting profits in the business and paying down debt.

The reliability of dividend payments cannot be guaranteed as there is currently no dividend payout policy in place. Investors aiming for dividend yields should take this into account when making investment decisions.