Businessweek

Wynn Resorts, Limited operates as a developer, owner, and operator of destination casino resorts. Resorts The company owns and operates two destination casino resorts. In Las Vegas, Nevada, it owns and operates Wynn Las Vegas, which includes Encore at Wynn Las Vegas. In the Macau Special Administrative Region of the People’s Republic of China (Macau), the company owns and operates Wynn Macau, which includes Encore at Wynn Macau. Las Vegas Operations The company’s Las Vegas Operations feature approximately 4,750 hotel rooms and suites, 240 table games, 2,195 slot machines, a race and sports book, and a poker room in approximately 186,000 square feet of casino gaming space (including a sky casino and private gaming salons); casual and fine dining in 35 food and beverage outlets; 2 spas and salons; lounges; and approximately 95,000 square feet of retail space featuring boutiques from Alexander McQueen, Brioni, Cartier, Chanel, Chloe, Chopard, Dior, Graff, Hermes, IWC Schaffhausen, Jaeger-Lecoultre, Loro Piana, Louis Vuitton, Manolo Blahnik, Oscar de la Renta, Piaget, Vertu, and others. The company’s Las Vegas Operations also offer 3 nightclubs, a beach club, a Ferrari and Maserati automobile dealership, wedding chapels, an 18-hole golf course, approximately 283,000 square feet of meeting space, a specially designed theater presenting ‘Le Rêve-The Dream’, a water-based theatrical production, and an Encore Theater presenting various headliner entertainment acts. Macau Operations The company’s Macau Operations feature approximately 1,008 hotel rooms and suites, 495 table games, 835 slot machines, and a poker pit in approximately 275,000 square feet of casino gaming space (including sky casinos and private gaming salons); casual and fine dining in 8 restaurants; 2 spas and a salon; lounges; meeting facilities; and approximately 55,000 square feet of retail space featuring boutiques from Bvlgari, Cartier, Chanel, Dior, Dunhill, Ermenegildo Zegna, Ferrari, Giorgio Armani, Graff, Gucci, Hermes, Hugo Boss, Jaeger-LeCoultre, Louis Vuitton, Miu Miu, Piaget, Prada, Roger Dubuis, Rolex, Tiffany, Tudor, Vacheron Constantin, Van Cleef & Arpels, Versace, Vertu, and others. Its Macau Operations include a show in the rotunda featuring a Chinese zodiac-inspired ceiling and interchangeable gold ‘prosperity tree’ and ‘dragon of fortune’ attractions. Intellectual Property The company’s primary marks include its trademarks and service marks that use the name ‘WYNN’. The company has registered with the U.S. Patent and Trademark Office (PTO) various WYNN-related trademarks and service marks in connection with various goods and services. These marks include WYNN RESORTS, WYNN DESIGN AND DEVELOPMENT, WYNN LAS VEGAS, ENCORE, and WYNN MACAU. The company has also filed applications with various foreign patent and trademark registries, including in Macau, China, Singapore, Hong Kong, Taiwan, Japan, certain European countries, and various other jurisdictions worldwide to register various WYNN-related trademarks and service marks in connection with various goods and services. These marks include majority of the same marks filed with the United States PTO and include WYNN MACAU, WYNN LAS VEGAS, and ENCORE. The company has also registered various domain names, including www.wynnlasvegas.com, www.wynnmacau.com, www.wynnmacaulimited.com, www.encorelasvegas.com, and www.wynnresorts.com, with various domain registrars worldwide. Competition Wynn Macau faces competition from casinos located in other areas of Asia, including the Marina Bay Sands and Resorts World Sentosa resorts operating in Singapore; and Genting Highlands Resort, a major gaming and resort destination located outside of Kuala Lumpur, Malaysia. Regulation The company’s Las Vegas Operations are subject to the licensing and regulatory control of the Nevada Gaming Commission, the Nevada State Gaming Control Board, and the Clark County Liquor and Gaming Licensing Board. As a casino concessionaire, Wynn Macau, S.A., an indirect subsidiary of the company, is subject to the regulatory control of the Government of Macau. In addition to gaming regulations, the company is subject to local, state, federal, and foreign laws and regulations in the jurisdictions in which it operates. These include laws and regulations relating to alcoholic beverages, environmental matters, employment and immigration, currency and other transactions, taxation, zoning and building codes, marketing and advertising, lending, debt collection, privacy, telemarketing, money laundering, laws and regulations administered by the Office of Foreign Assets Control, and anti-bribery laws, including the Foreign Corrupt Practices Act. History Wynn Resorts, Limited, a Nevada corporation, was founded in 2002.