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Wynn Las Vegas Unveils New Luxury Accommodations
Wynn Las Vegas | May 4, 2022
LAS VEGAS (May 4, 2022) – Wynn Las Vegas, the largest Forbes Travel Guide Five-Star resort in the world, unveils details of a new room concept that will transform its luxury guest accommodations across Wynn Las Vegas and Wynn Tower Suites. Currently under construction and scheduled to be completed by June 2022, the project is the largest and most extensive design evolution ever made to the tower’s 2,674 guest rooms, suites, elevator lobbies, and resort tower corridors. “Wynn sets the standard for luxury experiences and unparalleled service by continuously evolving to meet and exceed the needs of our guests,” said Brian Gullbrants, ...
Wynn Resorts, Limited Reports First Quarter 2020 Results
May 7, 2020
LAS VEGAS--May 7, 2020--Wynn Resorts, Limited (NASDAQ: WYNN) (the "Company") today reported financial results for the quarter ended March 31, 2020. Operating revenues were $953.7 million for the first quarter of 2020, a decrease of 42.3%, or $697.8 million, from $1.65 billion for the first quarter of 2019. Net loss attributable to Wynn Resorts, Limited was $402.0 million, or $3.77 per diluted share, for the first quarter of 2020, compared to net income attributable to Wynn Resorts, Limited of $104.9 million, or $0.98 per diluted share, in the first quarter of 2019. Adjusted Property EBITDA (1) was $(5.3) million for the first quarter of 20...
Wynn Resorts Extends Benefits for All North American Employees
Wynn Resorts | April 2, 2020
LAS VEGAS, April 2, 2020 -- Wynn Resorts (Nasdaq: WYNN), the world's leading resort company based in Las Vegas, Nevada, announced today that the Company will extend paying all salaried, hourly and part-time employees through May 15, for a total of 60 days of payroll continuance. The Company decided to take this action as part of its shared responsibility for the health and safety of its employees, their families and the Las Vegas and Greater Boston communities during this pandemic. Payroll coverage will include more than 15,000 current Wynn and Encore employees. For tipped employees, it includes the average tip compliance rate or distr...
Steve Wynn Steps Down as Chairman and CEO of Wynn Resorts
Wynn Resorts | February 7, 2018
LAS VEGAS, Feb. 7, 2018 -- Wynn Resorts released the following statements today regarding Chairman and CEO Steve Wynn: STATEMENT FROM WYNN RESORTS: The Board of Directors of Wynn Resorts reluctantly announced today that it accepted the resignation of Steve Wynn as CEO and Chairman of the Board of Directors. The board has appointed Matt Maddox, currently President of the Company, as its CEO, and Boone Wayson as Non-Executive Chairman of the Board of Directors, effective immediately. "It is with a collective heavy heart, that the board of directors of Wynn Resorts today accepted the resignation of our founder, CEO and friend Steve Wy...
Wynn Resorts Reaches Agreement to Purchase Land Across From Wynn Las Vegas for Future Development
Wynn Resorts | December 14, 2017
LAS VEGAS, Dec. 14, 2017 -- Wynn Resorts announces it has reached an agreement to purchase approximately 38 acres of land on the Las Vegas Strip directly across from Wynn Las Vegas. The purchase includes the 34 acre site of the former New Frontier, formerly the Alon Resort site, as well as 4 additional acres connected to the site for a total of $336 million. The agreement completes a unique assembly of contiguous real estate of approximately 280 acres that spans from the Las Vegas Convention Center on Paradise Road from the east, to Industrial Road on the west. The combined frontage on the Las Vegas Strip is over 3,500 feet, including r...
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