Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company owns and operates Wynn Las Vegas casino resort in Las Vegas, which includes 22 food and beverage outlets comprising 6 dining restaurants, 2 nightclubs, 1 spa and salon, 1 Ferrari and Maserati automobile dealership, wedding chapels, an 18-hole go...
Possible overvaluation: the P/E ratio is now at a massive 63! Even if the company was capable to meet its profit targets with absolutely no risk, the P/E would still be 35, ripe for a crash. This stock is a pure gamble, and you would get better value in Vegas. Good Luck, ~~~~Shane Halloran. ...
Steve Wynn created the Mirage, Treasure Island and Bellagio and sold them off to MGM. From his money he made from those sales he created WYNN Casino and Resorts. I've visited WYNN Macau and I believe they will become more profitable because of their location in Macau. The "Big Four" in Macau(Las Vegas Sands, The Lisboa, The Grand Lisboa and Wynn Resorts) create more revenue than Las Vegas combined....
About Wynn Resorts Ltd
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