Topic > Wynn Resorts Limited - 867

To answer the questions in this week's case study, I feel it is necessary to provide a summary of Wynn Resorts, Limited. According to Yahoo Finance, Wynn Resorts Limited, together with its subsidiaries, is engaged in the development, ownership and operation of destination casino resorts. The company owns and operates two casino resort complexes in Las Vegas, Wynn Las Vegas and Encore at Wynn Las Vegas with two hotel towers totaling 4,750 hotel rooms, suites and villas; 240 board games; 2,195 slot machines; a racing and sports book; 1 poker room in approximately 186,000 square feet of casino gaming space, including a Sky Casino and private gaming lounges; 35 food and beverage outlets; 2 spas and salons; living rooms; and approximately 95,000 square feet of retail space with various boutiques. Its Las Vegas resorts also offer 3 nightclubs; a bathhouse; a Ferrari and Maserati car dealership; wedding chapels; an 18-hole golf course; approximately 283,000 square feet of meeting space; a specially designed theater; and an Encore Theater featuring various headlining entertainment shows. The company also operates the Wynn Macau casino resort and the Encore at the Wynn Macau resort, located in the People's Republic of China. This particular resort is the topic of Case Study #1. 30. Macau resorts feature approximately 2 luxury hotel towers with a total of 1,008 hotel rooms and suites; 495 board games; 835 slot machines; 1 poker room in approximately 275,000 square feet of casino gaming space, including 1 sky casino and private gaming lounges; 8 restaurants; 2 spas and 1 salon; living rooms; meeting facilities; and approximately 55,000 square feet of retail space with various boutiques, plus a show in the rotunda. Wynn Resorts, L...... middle of document ......m profits for Wynn Resorts. Considering the government has no experience operating casinos, I believe the likelihood of them taking ownership of Wynn is unlikely and will continue to profit from Wynn's success by allowing them to operate the way they are accustomed to. Therefore, I believe the construction of this property will benefit Wynn Resort Limited by establishing a long-term sustainable advantage. References Yahoo Finance Wynn Resorts. (2014, March). Retrieved March 2014 from Yahoo: http://finance.yahoo.com/q/pr?s=WYNNPorter, M. (2008, January). The five competitive forces that shape strategy. Retrieved March 8, 2014, from Harvard Business Review: http://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy/ar/1Wiki. (2014, March). Porter's Five Forces. Retrieved 2014 from Wiki: http://en.wikipedia.org/wiki/Porter_five_forces_analysis