Wynn Resorts, Limited (WYNN)

Over the past six months, Wynn Resorts' stock has experienced movements influenced by several events. As of April 2, 2026, the share price was $102.03, a 50.20% increase from April 7, 2025. The company's stock performance for 2025 showed a gain of 44.69%, following a decline of 7.92% in 2024. Wynn Resorts delivered Q4 2025 EBITDA of $241 million in Las Vegas, $57 million in Boston, and $271 million in Macau. The new Chairman's Club expansion at Wynn Palace opened for Chinese New Year 2026, and the Encore Tower remodel in Las Vegas is expected to impact approximately 80,000 room nights across 2026-2027.

Wynn Resorts' business is susceptible to economic cycles and regulatory changes, but its diversified revenue streams provide some insulation from market shocks. Demand for traditional casinos in the US remains strong, and Macau casino revenues increased in 9M 2024 due to eased travel restrictions. Group and convention business in Las Vegas is pacing strongly for 2026, and the Wynn Al Marjan Island project in the UAE is expected to benefit from growing GDP and tourist arrivals. The Encore Tower remodel in Las Vegas will temporarily impact room nights in 2026-2027.

Wynn Resorts, Limited (WYNN) is an American publicly traded corporation specializing in the development, ownership, and operation of high-end hotels and casinos within the hospitality, tourism, and gaming sector. The company offers luxury hotel accommodations, high-end retail spaces, dining and entertainment, meeting and convention facilities, and casino gaming. Wynn Resorts is known for its attention to detail, aesthetics, and commitment to sustainable practices.

Wynn Resorts has operations in the United States, including Wynn Las Vegas and Encore at Wynn Las Vegas in Nevada, and Encore Boston Harbor in Massachusetts. Internationally, it operates Wynn Macau and Wynn Palace in Macau and is constructing Wynn Al Marjan Island in Ras Al Khaimah, UAE, expected to diversify revenues with over 55% from non-dollar markets. The company withdrew a casino bid in New York City in May 2025 and considered Thailand if gambling were legalized.

Wynn Resorts maintains a strong brand reputation in the luxury hospitality and gaming industry. It was named to FORTUNE Magazine's World's Most Admired Companies list for the 18th consecutive year as of February 2026, leading the Hotels, Casinos & Resorts category. However, a material data breach reported in April 2026, impacting HR systems and exposing the personal data of over 21,000 employees, could affect the company's reputation.

Wynn Resorts (WYNN) exhibits a high degree of institutional ownership, exceeding 92% as of Q2 2025. Major institutional shareholders include Capital World Investors, Vanguard Group Inc, BlackRock, Inc., Susquehanna International Group, Llp, Barrow Hanley Mewhinney & Strauss Llc, State Street Corp, Geode Capital Management, Llc, Egerton Capital (UK) LLP, and Invesco Ltd. Tilman J. Fertitta is the largest individual shareholder, holding 13 million shares, representing 12.47% of the company. Other significant individual and insider owners include the Wynn Family Limited Partnership and Elaine P. Wynn.