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Wynn Resorts

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Wynn Resorts is a name that goes hand-in-hand with the brick and mortar gaming industry. Founded in 2002 and headquartered in Las Vegas, Nevada, Wynn is the prototypical hotel and casino operator, with some of the most iconic casino properties in the world. Despite the company somewhat limited history, the fact of the matter is that Wynn Resorts is a company that brings in revenue in upwards of $5 billion on an annual basis, and has a reach that extends far beyond its North American corporate headquarters.

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The History of Wynn Resorts

In the previous discussion, Wynn Resorts was founded in 2002, but its roots can be traced back much further. Steve Wynn, who since the early 1970s was tasked with heading Mirage Resorts, decided in 2000 to sell Mirage to MGM Grand. With some of the proceeds from that deal, Wynn swiftly turned around and purchased the Desert Inn for nearly $300 million. The Desert Inn, for anyone who might be unfamiliar, was one of the iconic first casinos on the Las Vegas Strip, having opened its doors in 1950. Wynn decided against keeping the aging theme of the Desert Inn, and chose to knock it down to create space for his budding vision. The changes were both exciting and dramatic.

Around the beginning of the Desert Inn's demolition, Wynn became partners with a Japanese billionaire named Kazuo Okada. Before too long, and thanks to the wealth and influence of both Wynn and Okada, Wynn Resorts became a publicly traded company via its late 2002 IPO. Though it took some effort, Wynn Resorts’ first hotel and casino, Wynn Las Vegas, opened its doors in early 2005. While visitors were merely taking in the newly-designed Wynn Las Vegas, the company was already imagining new projects overseas. In the Spring of 2004, Wynn Resorts started working on a second casino project, one that was found in Macau; the special administrative region of China that allows for legal wagering. Future plans were already in the works.

The overseas construction did not last long, and by the end of 2006 Wynn Macau opened its entrances to the public. To this day, Wynn Macau remains not only one of Wynn’s most iconic ventures, but also one of the most profitable hotels and casinos in Macau. Meanwhile in Las Vegas, Wynn Las Vegas was seeing just as much popularity, if not greater. Due to the overwhelming wave of visitors in the first year, Wynn Resorts organized an expansion of Wynn Las Vegas. That expansion would be named Encore and the facility was eventually opened just before the close of 2008.

Wynn Resorts has acquired a few more establishments in Macau and is also exploring options on the Eastern Seaboard of the United States, and is continually growing its reach and market share simultaneously. Their persistent growth continues to impress.

Wynn Resorts Properties

Wynn Las Vegas

Wynn Las Vegas may have opened its doors in 2005, but it is still one of the most iconic and successful casinos on the Las Vegas Strip. With more than 2,700 rooms, a ton of restaurants and shops, and a gaming floor that is just shy of 190,000 sq. feet, it offers everything you would expect from a megaresort on The Strip. The site has been renovated a handful of times since it was opened, and it does well to maintain its iconic nature without sacrificing any modern comforts.

Wynn Macau

What Wynn Macau lacks in guest accommodations, it makes up for in gaming space. Despite having less than 600 hotel rooms, Wynn Macau has well over 280,000 sq. feet of gaming space and plenty of eateries to go along with it. The gaming space is great, but the award-winning hotel is what really keeps people coming back.

Encore Las Vegas

Encore Las Vegas opened in 2008 and sits directly adjacent to Wynn Las Vegas. In fact, the two sites are connected so that folks can seamlessly move between the two. Though the gaming space sits at just under 75,000 sq. feet, there are more than 2,000 guest rooms and one of the most popular night clubs in Las Vegas.

Encore at Wynn Macau

Encore at Wynn Macau, in many ways, emulates Encore Las Vegas as it is more or less an extension of the already existent Wynn Macau. With that being said, Encore at Wynn Macau is strictly a hotel and shopping property, as it serves to increase the total number of Wynn Macau hotel rooms to over 1,000. The site opened its doors in the middle of 2010.

Wynn Palace

Wynn Palace is the newest and largest Wynn Resorts property in Macau. Unlike the other two, Wynn Palace is situated on the glamorous Cotai Strip of Macau. Featuring more than 1,700 rooms and 300+ gaming tables, Wynn Palace certainly lives up to its regal name. The site first began operations in August of 2016 and is quickly becoming one of the top spots on the Cotai Strip.

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