Case #30

878 words 4 pages
Read Case #30- Wynn Resorts and answer the following questions:

By:

Janice Jenkins

June 9, 2013

1. What is the importance of Mr. Steven Wynn himself, to the Wynn Resorts company?

Steve Wynn followed his passion as an entrepreneur and has changed the world of gaming. He has become the most talented casino gamer the world has ever seen. His patient, the man that he became has earned him a spot in the gaming world that can never be taken away from him He chose to make a smart move by purchasing the Desert Inn, and within eighteen, weeks he closed the Inn. He developed the Las Vegas casino which is worth billions of dollars in today’s market. His brilliant billion dollar strategy plan makes him powerful to the Wynn Resorts
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The Wynn Macau highlighted a land concession that will allow them to build a full integrated resort and casino worth about $4 billion.

The weaknesses of the Wynn’s Macau, where nearly ¾ of revenues became the table game lowest in the VIP and the mass market segments. This places the pressure of the Wynn Macau on the bottom line. Certain restriction from the government interfered with the casinos in Macau.

3. What are the three main issues that Wynn Resorts must focus their efforts on in order to preserve their two largest revenue sources: the Wynn Las

References:

2010 April « PRACTICAL STOCK INVESTING. (n.d.). Retrieved from http://practicalstockinvesting.com/2010/04/

Casino tycoon Steve Wynn to address interest in potential ... (n.d.). Retrieved from http://www.bostonglobe.com/metro/2012/11/28/casino-tycoon-steve-wynn-address-interest-potential-everett-casino-site-wednesday/s1eMhh3z4MbUYPfFNRsgLN/story.html
COLUMN: Steve Miller. (n.d.). Retrieved from http://www.stevemiller4lasvegas.com/LikeAGoodNeighborSteveWynnIsThere.htm
WYNN RESORTS: MGT 340 by Chris Weber on Prezi. (n.d.). Retrieved from http://prezi.com/sghjgtmxsz1e/wynn-resorts-mgt-340/
Wynn Resorts on the Forbes Global 2000 List. (n.d.). Retrieved from

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