American Gambling Markets Atlas (AGMA)

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

Reported revenue, last 12 months

StateVerticalHandleGGR
MassachusettsCommercial casinos—$719M
MassachusettsSports (retail)$53.2M$4.1M

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
  2. WYNN RESORTS, LIMITED Form 10-K filed 2019-02-28 · retrieved Oct 11, 2026
  3. WYNN RESORTS, LIMITED Form 10-K filed 2022-02-28 · retrieved Oct 11, 2026
  4. WYNN RESORTS, LIMITED Form 10-K filed 2023-02-27 · retrieved Oct 11, 2026
  5. WYNN RESORTS, LIMITED Form 10-K filed 2024-02-23 · retrieved Oct 11, 2026
  6. WYNN RESORTS, LIMITED Form 10-K filed 2025-02-13 · retrieved Oct 11, 2026
  7. WYNN RESORTS, LIMITED Form 10-K filed 2026-03-02 · retrieved Oct 11, 2026
  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
  11. Circa Sports joins Arizona's sports betting market with new ADG licence · retrieved Oct 10, 2026
  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