Wynn Resorts Limited

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In 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; 2,195 slot machines; a race and sports book; 1 poker room in approximately 186,000 square feet of casino gaming space, including a sky casino and private gaming salons; 35 food and beverage outlets; 2 spas and salons; lounges; and approximately 95,000 square feet of retail space featuring various boutiques. Its Las Vegas resorts also offer 3 nightclubs; a beach club; a Ferrari and Maserati automobile dealership; wedding chapels; an 18-hole golf course; approximately 283,000 square feet of meeting space; a specially designed theater; and an Encore theater presenting various headliner entertainment acts. The company also operates Wynn Macau casino resort and Encore at Wynn Macau resort located in the People’s Republic of China.
This particular resort is the topic of Case Study #30 The Macau resorts feature approximately 2 luxury hotel towers with a total of 1,008 hotel rooms and suites; 495 table games; 835 slot machines; 1 poker pit in approximately 275,000 square feet of casino gaming space, including 1 sky casino and private gaming salons; 8 restaurants; 2 spas and 1 salon; lounges; meeting facilities; and approximately 55,000 square feet of retail space featuring various boutiques, as well as a show in the rotunda. Wynn Resorts, L...

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...m and profits for Wynn Resorts.
Considering that the government has no experience at running casinos I feel that the likelihood of them taking over the Wynn property is unlikely and they will continue to profit from Wynn’s success by allowing them to operate in the fashion they are used to. Therefore, I believe building this property will benefit Wynn Resort Limited by establishing a sustainable long-term advantage.

References
Yahoo Finance Wynn Resorts. (2014, Mar). Retrieved March 2014, from Yahoo: http://finance.yahoo.com/q/pr?s=WYNN
Porter, M. (2008, January). The Five Competetive Forces That Shape Strategy. Retrieved Mar 8, 2014, from Harvard Business Review: http://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy/ar/1
Wiki. (2014, Mar). Porters Five Forces. Retrieved 2014, from Wiki: http://en.wikipedia.org/wiki/Porter_five_forces_analysis

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