Operators / Wynn Resorts

Wynn Resorts

Operator · Wynn Resorts, Limited · WYNN · Paradise, Nevada[1]

www.wynnresorts.com

Founded 2002 by Steve Wynn, Elaine Wynn, and Kazuo Okada. Also owns Wynn Macau, Wynn Palace, and (under construction) Wynn Al Marjan Island, UAE. WynnBET online sports betting/iGaming business was wound down/exited US online markets in 2023 per widely reported industry coverage; this specific fact was not independently confirmed on Wynn Resorts' current Wikipedia article in this research pass — flagged as needing a primary-source cite.

Financials

Market cap $7.7B · WYNN on NasdaqGS · Oct 11, 2026[8]

Est. U.S. revenue $3.4B · FY2025 · Las Vegas Operations + Encore Boston Harbor segments; excludes Macau segments[9]

20162025
Fiscal yearRevenue (USD)Net income (USD)Year end
FY2025$7.1B$327MDec 31, 2025[7]
FY2024$7.1B$501MDec 31, 2024[7]
FY2023$6.5B$730MDec 31, 2023[7]
FY2022$3.8B−$424MDec 31, 2022[6]
FY2021$3.8B−$756MDec 31, 2021[5]
FY2020$2.1B−$2.1BDec 31, 2020[4]
FY2019$6.6B$123MDec 31, 2019[3]
FY2018$6.7B$572MDec 31, 2018[2]
FY2017$6.1B$747MDec 31, 2017[2]
FY2016$4.3B$242MDec 31, 2016[2]

Brands

Latest reported 12-month window

Available reports within each market’s latest 12-month window; missing months may make totals incomplete. License-holder totals may include partner-operated brands; rows are not necessarily additive.

StateVerticalChannelReported periodHandleGGR
MassachusettsCommercial casinosretailSep 1, 2025 – Aug 31, 2026—$719M
MassachusettsSports (online)onlineMar 1, 2023 – Feb 29, 2024$156M$8.9M
MassachusettsSports (retail)retailSep 1, 2025 – Aug 31, 2026$53.2M$4.1M
ArizonaSports (online)onlineMar 1, 2023 – Feb 29, 2024$27.3M$1.2M
IndianaSports (online)onlineJul 1, 2023 – Jun 30, 2024$2.2M$120K

Licenses

LicensedNot licensed
Alaska: Not licensedAKMaine: Not licensedMEVermont: Not licensedVTNew Hampshire: Not licensedNHWashington: Not licensedWAIdaho: Not licensedIDMontana: Not licensedMTNorth Dakota: Not licensedNDMinnesota: Not licensedMNWisconsin: Not licensedWIMichigan: Not licensedMINew York: Not licensedNYMassachusetts: LicensedMARhode Island: Not licensedRIOregon: Not licensedORNevada: Not licensedNVWyoming: Not licensedWYSouth Dakota: Not licensedSDIowa: Not licensedIAIllinois: Not licensedILIndiana: Not licensedINOhio: Not licensedOHPennsylvania: Not licensedPANew Jersey: Not licensedNJConnecticut: Not licensedCTCalifornia: Not licensedCAUtah: Not licensedUTColorado: Not licensedCONebraska: Not licensedNEMissouri: Not licensedMOKentucky: Not licensedKYWest Virginia: Not licensedWVVirginia: Not licensedVAMaryland: Not licensedMDDelaware: Not licensedDEArizona: Not licensedAZNew Mexico: Not licensedNMKansas: Not licensedKSArkansas: Not licensedARTennessee: Not licensedTNNorth Carolina: Not licensedNCSouth Carolina: Not licensedSCDistrict of Columbia: Not licensedDCOklahoma: Not licensedOKLouisiana: Not licensedLAMississippi: Not licensedMSAlabama: Not licensedALGeorgia: Not licensedGAHawaii: Not licensedHITexas: Not licensedTXFlorida: Not licensedFL
StateVerticalBrandLicenseStatusLaunched
ArizonaSports (online)WynnBETEvent Wagering Operatorexited[10],[11]
MassachusettsCommercial casinosEncore Boston HarborCategory 1 Gaming Licenseactive[12],[13]
MassachusettsSports (online)WynnBETCategory 3 Sports Wagering LicenseexitedFeb 2023[12]

Regulatory actions

DateStateAgainstActionAmountWhat happened
May 15, 2025NevadaWynn Las Vegas, LLCSettlement
Commercial casinos
$5.5MNevada regulators fined Wynn Las Vegas $5.5 million after former employees allowed international patrons to improperly transfer money for wagering and allowed prohibited proxy betting, violating the licensee's anti-money-laundering compliance program.[14]
Feb 20, 2024MassachusettsEncore Boston HarborFine
Sports (retail)
$40,000Encore Boston Harbor was fined a second, larger time after repeating the same type of violation on Feb. 12 and Feb. 19, 2023 (more Boston College women's basketball wagers); the Commission found Encore had not fixed the underlying control failure after its first fine and faulted it for not having its vendors (WynnBET and GAN) under control.[15]
Jul 21, 2023MassachusettsEncore Boston HarborFine
Sports (retail)
$10,000Encore Boston Harbor was fined for accepting one kiosk wager on a Feb. 2, 2023 Boston College women's basketball game, an unauthorized in-state collegiate event, due to a system error that listed the team under two names with only one on the wagering blacklist.[16]

Sources

  1. Wynn Resorts · retrieved Oct 10, 2026

    Page did not mention WynnBET; that exit detail is unverified by this source and should be checked against a primary filing or press report before being relied upon.

  2. WYNN RESORTS, LIMITED Form 10-K filed 2019-02-28 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1174922; revenue tag Revenues

  3. WYNN RESORTS, LIMITED Form 10-K filed 2022-02-28 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1174922; revenue tag RevenueFromContractWithCustomerIncludingAssessedTax

  4. WYNN RESORTS, LIMITED Form 10-K filed 2023-02-27 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1174922; revenue tag RevenueFromContractWithCustomerIncludingAssessedTax

  5. WYNN RESORTS, LIMITED Form 10-K filed 2024-02-23 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1174922; revenue tag RevenueFromContractWithCustomerIncludingAssessedTax

  6. WYNN RESORTS, LIMITED Form 10-K filed 2025-02-13 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1174922; revenue tag RevenueFromContractWithCustomerIncludingAssessedTax

  7. WYNN RESORTS, LIMITED Form 10-K filed 2026-03-02 · retrieved Oct 11, 2026

    XBRL company facts, CIK 1174922; revenue tag RevenueFromContractWithCustomerIncludingAssessedTax

  8. WYNN (WYNN) quote · retrieved Oct 11, 2026
  9. Wynn Resorts, Limited - Form 10-K - FY2025 · retrieved Oct 11, 2026
  10. Betfred Gains AZ Sports Betting Access With Tribal Partnership · retrieved Oct 10, 2026

    Correction (2026-10-10 review) -- removed excerpt per the Excerpts rule (page not fetched; read as a search-result summary, direct fetch returned 403). 2021 launch-era operator-partner pairings (BetFred/Fort McDowell Yavapai Nation, Betway/San Juan Southern Paiute, FanDuel/Phoenix Suns, BetMGM/Arizona Cardinals, Caesars/Arizona Diamondbacks, BetRivers/Arizona Rattlers, DraftKings/TPC Scottsdale, SuperBook/Fort Mojave, Unibet/Quechan, WynnBET/San Carlos Apache, TwinSpires/Tonto Apache), since superseded for several operators.

  11. Circa Sports joins Arizona's sports betting market with new ADG licence · retrieved Oct 10, 2026

    Correction (2026-10-10 review) -- removed excerpt per the Excerpts rule. Read as a search-result summary characterizing this and related coverage; direct page fetch confirmed the operator-count and Circa Sports facts, but the specific exit-roster sentence (Betway, Betfred, Unibet, and SuperBook Sports exiting the market in recent years) came from the search tool's synthesis of related articles, not text verified verbatim on the page itself -- flagged as lower confidence. Superseded for Golden Nugget and Sporttrade by az-ewfs-operators, which confirms both directly.

  12. Sports Wagering Licensees · retrieved Oct 10, 2026
  13. Encore Boston Harbor earns first retail MA sports betting license · retrieved Oct 10, 2026
  14. Nevada Gaming Control Board and Wynn Las Vegas Enter Into Proposed Stipulation for Settlement Regarding Disciplinary Complaint · retrieved Oct 11, 2026
  15. In the Matter of: Encore Boston Harbor Potential Noncompliance Incident, Decision · retrieved Oct 11, 2026
  16. Encore Boston Harbor Fined for Sports Wagering Catalog Noncompliance (Press release 23-069) · retrieved Oct 11, 2026