Wynn Resorts

order to answer the questions in this week case study I believe it’s necessary to provide a summary of Wynn Resorts, Limited. According to Yahoo Finance Wynn Resorts Limited together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company owns and operates two casino resort complexes in Las Vegas, the Wynn Las Vegas and Encore at Wynn Las Vegas with two hotel towers with a total of 4,750 hotel rooms, suites, and villas; 240 table games;

History Wynn Resorts, LTD was formed by former Mirage Resorts Chairman/CEO Steven Wynn on October 25, 2002, who currently serves as the Chairman of the Board and CEO of Wynn. His knowledge of the gambling and casino industry is indispensable to Wynn Resorts, as he is accredited to turning the luxury casino industry in Las Vegas into what it is today. Wynn’s mission is: “A commitment to providing an elegant environment, high quality amenities, a superior level of service and distinctive attractions

EXECUTIVE SUMMARY Wynn Resorts Limited is a publicly traded corporation based in Paradise, Nevada that is a developer and operator of high end hotels and casinos. It was formed on October 25, 2002 by former Mirage Resorts Chairmen and CEO Stephen A. Wynn. The target client base for Wynn Resorts are affluent individuals who seek the highest quality—Wynn and its sister property Encore hold more Forbes Five Star awards than any other casino resort in the world. Recently, Steve Wynn has taken his brand

casino/resort in the Las Vegas area, the Bellagio. MGM already has a foothold hold in Macau Market, which is provided due to a partnership with Pansy Ho and the successful MGM Macau. The main competition in this area is: Las Vegas Sands Corp. (LVSC), which have 7 properties in the Macau area, Galaxy Entertainment Group (GEG), which have 3 properties and Wynn Resorts Ltd. (WYNN), which have two. Competitive Environment Competition comes in the form of three Corporations: Wynn Resorts (WYNN), Galaxy

• Suppliers In order to keep five star standards, Wynn Las Vegas needs reliable and trustworthy suppliers to provide high quality food and hotel products. Supplier relations are especially important because of the magnitude and diversity of Wynn Resorts operations. • Unions Wynn is a union property in Las Vegas. All food and beverage employees and dealers have great job protection, retirement plans, and medical plans. Wynn needs to communicate with unions to discuss contracts and what benefits should

Wynn Resorts Limited (Wynn) is high-end developer and operator of resort-style casinos. Wynn offers hotel rooms and suites, gambling, fine-dining, spas, and boutiques. Founded in 2002 by American business magnate Steve Wynn, the company currently has two locations in Las Vegas, Nevada and two locations Macau, China. In 2016, Wynn plans to open Wynn Palace, a 1,700 room hotel and casino in Macau. The company is publicly traded on the NASDAQ Global Select Market under the ticker symbol WYNN. Horizontal

The owners of Wynn Resorts would be more than willing to spend a portion of that budget on wetland protection if they owned a property on one of the barrier islands. It would be bad business practice if they did not, considering protecting their investment would also mean protecting the coast. Those opposed to the idea would claim that casino resorts can have a negative impact on the communities that surround them, sucking up possible

internship. In this time, my internship company is Wynn Macau and my position is Front Office Services Agent. As I am interested on fronts of line’s work and prepare for my future career. This is really a valuable opportunity let me worked there. Wynn Macau is one of the 5-star deluxe hotels ranting in Macau. It has 1007 room between Wynn Tower and Encore Tower. Wynn Macau is also got 5 stars ranting of Forbes rewards 2014. That includes the two hotels: Wynn and Encore Hotel, the spa and health centre and

MGM Grand Resorts International owns and operates luxury casino resorts through two basic segments, Wholly Owned Domestic Resorts and MGM China. MGM Grand Hotel offers an assortment of games, fine dining, conventions, extravagance skyline rooms, and entertainment. As for its casino operations it includes retail, resort amenities, slots, table games, and race book wagering. MGM Grand serves premium individual gamers, leisure travel customers, business and lastly grouped customers who need a common

Executive Summary Wynn was among the first 3 concessionaries to enter Macau when its gaming industry was liberated and quickly became one of the most profitable casinos in Macau relative to its size. Junketeers have contributed greatly to win's success, along with government initiatives. Though gambling is illegal in many parts of the world, the industry is growing and competition is increasing, particularly in the east By 2015, the Asian gaming market is expected to be the biggest in the world