What Need Does It Serve?
Wynn Resorts is a leading developer of integrated resorts, with two casino properties in Macau, one in Boston and one in Las Vegas.
Despite the company’s origins in the U.S., it generates a bulk of its revenues from Macau.
What Are The Alternatives?
Other casino companies such as Las Vegas Sands, MGM Resorts, Caesars, Eldorado, Melco Crown, SJM, and Galaxy Entertainment are major competitors.
What Is The Basis of Competition?
Competition is based on property location, promotional offerings, brand reputation, and license agreement.
Has 4 Reported Divisions-
Though the company reports operating performance of each property separately, its total revenues can be classified into four broad categories.
1. Casino: It includes income from regulated gambling activities at the company’s properties.
2. Rooms: It includes income from visitors/tourists who lodge in the company’s properties.
3. Food and Beverage: It includes income from food and beverage sales at the company’s properties.
4. Entertainment, Retail & Other: It includes income from business conventions and rental income from retail stores at the company’s properties.