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Posted On: 11/10/2020 5:53:59 PM
Post# of 4531
TT Blackbox Twitter Alert for $WYNN
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Who is WYNN?
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 Macau and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macau, Encore Boston Harbor in Massachusetts opened in June 2019, and various Vegas projects are currently under development.
Additionally, the company expects to begin construction on a new building next to its existing Macau Palace resort in late 2021, which we forecast to open in 2025. The company gets 76% and 24% of its EBITDA from Macau and Las Vegas, respectively.
See What the Trade was About Here
Who is WYNN?
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 Macau and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macau, Encore Boston Harbor in Massachusetts opened in June 2019, and various Vegas projects are currently under development.
Additionally, the company expects to begin construction on a new building next to its existing Macau Palace resort in late 2021, which we forecast to open in 2025. The company gets 76% and 24% of its EBITDA from Macau and Las Vegas, respectively.
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