Wynn ResortsIRS: 460484987
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palaceopened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019, and various Vegas projects are currently under development. Additionally, we expect the company to begin construction on a new building next to its existing Macau Palace resort in late 2021/early 2022, which we forecast to open in 2025. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.