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Wynn Resorts (WYNN) is an American hospitality company that operates destination casino resorts. Established in 2002, the company is based in Las Vegas, Nevada. Wynn Resorts owns Wynn Las Vegas and Encore with around 186,000 square feet of casino area, golf courses, spas, food and beverage outlets, 3 night clubs, a vast retail space and more. In Macau, China, the company operates the Wynn Macau five star hotel and casino resort with around 284,000 square feet of casino area, 8 restaurants, 2 bars, spas, and a vast retail space. In addition, Wynn Resorts is developing the Wynn Boston Harbor based in Everett, Massachusetts. Wynn Resorts is publicly traded on the NASDAQ Stock Exchange and constitutes the S&P 500.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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