Wynn Resorts, Limited (WYNN) 10-Q 9 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2021	Oct. 26, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	000-50028
Entity Registrant Name	WYNN RESORTS, LIMITED
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	46-0484987
Entity Address, Address Line One	3131 Las Vegas Boulevard South
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89109
City Area Code	702
Local Phone Number	770-7555
Title of 12(b) Security	Common stock, par value $0.01
Trading Symbol	WYNN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		115,657,896
Amendment Flag	false
Entity Central Index Key	0001174922
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 2,475,757	$ 3,482,032
Restricted cash	3,618	0
Accounts receivable, net of allowance for credit losses of $94,309 and $100,329	221,933	200,158
Inventories	64,043	66,285
Prepaid expenses and other	90,535	64,672
Total current assets	2,855,886	3,813,147
Property and equipment, net	8,859,157	9,196,644
Restricted cash	3,779	4,352
Goodwill and intangible assets, net	286,124	278,195
Operating lease assets	378,344	398,594
Other assets	224,405	178,615
Total assets	12,607,695	13,869,547
Current liabilities:
Accounts and construction payables	154,663	148,478
Customer deposits	466,004	646,856
Gaming taxes payable	51,908	66,346
Accrued compensation and benefits	180,504	126,846
Accrued interest	143,341	136,421
Current portion of long-term debt	50,000	596,408
Other accrued liabilities	240,172	159,533
Total current liabilities	1,286,592	1,880,888
Long-term debt	11,693,785	12,469,362
Long-term operating lease liabilities	117,156	123,124
Other long-term liabilities	102,751	133,490
Total liabilities	13,200,284	14,606,864
Commitments and contingencies (Note 15)
Stockholders' deficit:
Preferred stock, par value $0.01; 40,000,000 shares authorized; zero shares issued and outstanding	0	0
Common stock, par value $0.01; 400,000,000 shares authorized; 131,361,484 and 123,482,836 shares issued; 115,658,818 and 107,888,336 shares outstanding, respectively	1,314	1,235
Treasury stock, at cost; 15,702,666 and 15,594,500 shares, respectively	(1,433,535)	(1,422,531)
Additional paid-in capital	3,485,759	2,598,115
Accumulated other comprehensive income	4,119	3,604
Accumulated deficit	(2,110,895)	(1,532,420)
Total Wynn Resorts, Limited stockholders' deficit	(53,238)	(351,997)
Noncontrolling interests	(539,351)	(385,320)
Total stockholders' deficit	(592,589)	(737,317)
Total liabilities and stockholders' deficit	$ 12,607,695	$ 13,869,547

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Accounts receivable, allowance for credit losses	$ 94,309	$ 100,329
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	40,000,000	40,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	131,361,484	123,482,836
Common stock, shares outstanding	115,658,818	107,888,336
Treasury stock, shares	15,702,666	15,594,500

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Operating revenues:
Total operating revenues	$ 994,644	$ 370,452	$ 2,721,439	$ 1,409,866
Operating expenses:
General and administrative	197,350	160,896	574,669	547,305
Provision for credit losses	(347)	11,588	7,461	60,548
Pre-opening	1,333	877	5,455	5,614
Depreciation and amortization	177,110	183,486	545,538	541,498
Property charges and other	15,301	9,905	26,569	43,701
Total operating expenses	1,078,308	653,459	3,010,356	2,463,300
Operating loss	(83,664)	(283,007)	(288,917)	(1,053,434)
Other income (expense):
Interest income	507	2,033	2,131	13,969
Interest expense, net of amounts capitalized	(150,325)	(145,142)	(453,601)	(407,187)
Change in derivatives fair value	1,176	4,675	6,557	(14,279)
Loss on extinguishment of debt	(738)	(3,139)	(2,060)	(4,601)
Other	(11,784)	412	(17,324)	12,980
Other income (expense), net	(161,164)	(141,161)	(464,297)	(399,118)
Loss before income taxes	(244,828)	(424,168)	(753,214)	(1,452,552)
Provision for income taxes	(1,155)	(407,365)	(2,345)	(564,103)
Net loss	(245,983)	(831,533)	(755,559)	(2,016,655)
Less: net loss attributable to noncontrolling interests	79,734	73,391	176,963	218,912
Net loss attributable to Wynn Resorts, Limited	$ (166,249)	$ (758,142)	$ (578,596)	$ (1,797,743)
Net loss attributable to Wynn Resorts, Limited:
Basic (in usd per share)	$ (1.45)	$ (7.10)	$ (5.10)	$ (16.85)
Diluted (in usd per share)	$ (1.45)	$ (7.10)	$ (5.10)	$ (16.85)
Weighted average common shares outstanding:
Basic (in shares)	114,655	106,783	113,420	106,720
Diluted (in shares)	114,655	106,783	113,420	106,720
Dividends declared per common share (usd per share)	$ 0	$ 0	$ 0	$ 1
Casino
Operating revenues:
Total operating revenues	$ 496,264	$ 201,872	$ 1,615,228	$ 782,074
Operating expenses:
Cost of goods and services sold	315,316	160,861	1,048,897	734,689
Rooms
Operating revenues:
Total operating revenues	173,817	61,144	387,772	231,240
Operating expenses:
Cost of goods and services sold	52,100	35,940	136,187	139,787
Food and beverage
Operating revenues:
Total operating revenues	217,501	76,586	435,152	250,007
Operating expenses:
Cost of goods and services sold	163,655	76,536	354,709	314,335
Entertainment, retail and other
Operating revenues:
Total operating revenues	107,062	30,850	283,287	146,545
Operating expenses:
Cost of goods and services sold	$ 156,490	$ 13,370	$ 310,871	$ 75,823

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (245,983)	$ (831,533)	$ (755,559)	$ (2,016,655)
Other comprehensive (loss) income:
Foreign currency translation adjustments, before and after tax	(2,863)	14	879	1,082
Total comprehensive loss	(248,846)	(831,519)	(754,680)	(2,015,573)
Less: comprehensive loss attributable to noncontrolling interests	80,423	73,387	176,599	218,611
Comprehensive loss attributable to Wynn Resorts, Limited	$ (168,423)	$ (758,132)	$ (578,081)	$ (1,796,962)

Condensed Consolidated Statem_3

Condensed Consolidated Statement Of Stockholders' Equity (unaudited) - USD ($) $ in Thousands	Total	Total Wynn Resorts, Ltd. stockholders' equity (deficit)	Common stock	Treasury stock	Additional paid-in capital	Accumulated other comprehensive loss	Retained earnings (Accumulated deficit)	Noncontrolling interests
Beginning balance at Dec. 31, 2019	$ 1,541,472	$ 1,743,045	$ 1,228	$ (1,410,998)	$ 2,512,676	$ (1,679)	$ 641,818	$ (201,573)
Beginning balance (in shares) at Dec. 31, 2019			107,363,943
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(2,016,655)	(1,797,743)					(1,797,743)	(218,912)
Currency translation adjustment	1,082	781				781		301
Issuance of restricted stock	7,526	6,708	$ 8		6,700			818
Issuance of restricted stock (in shares)			843,102
Cancellation of restricted stock			$ (2)		2
Cancellation of restricted stock (in shares)			(237,680)
Shares repurchased by the Company and held as treasury shares	(9,396)	(9,537)		(9,537)				141
Shares repurchased by the Company and held as treasury shares (in shares)			(97,067)
Cash dividends declared	(106,977)	(107,022)					(107,022)	45
Distribution to noncontrolling interest	(1,996)							(1,996)
Stock-based compensation	38,313	35,065			35,065			3,248
Ending balance at Sep. 30, 2020	(546,631)	(128,703)	$ 1,234	(1,420,535)	2,554,443	(898)	(1,262,947)	(417,928)
Ending balance (in shares) at Sep. 30, 2020			107,872,298
Beginning balance at Jun. 30, 2020	274,198	619,519	$ 1,234	(1,419,435)	2,543,718	(908)	(505,090)	(345,321)
Beginning balance (in shares) at Jun. 30, 2020			107,869,865
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(831,533)	(758,142)					(758,142)	(73,391)
Currency translation adjustment	14	10				10		4
Issuance of restricted stock	(1)	(1)	$ 2		(3)			0
Issuance of restricted stock (in shares)			182,087
Cancellation of restricted stock	0		$ (2)		2
Cancellation of restricted stock (in shares)			(164,633)
Shares repurchased by the Company and held as treasury shares	(1,100)	(1,100)		(1,100)				0
Shares repurchased by the Company and held as treasury shares (in shares)			(15,021)
Cash dividends declared	300	285					285	15
Distribution to noncontrolling interest	(998)							(998)
Stock-based compensation	12,489	10,726			10,726			1,763
Ending balance at Sep. 30, 2020	(546,631)	(128,703)	$ 1,234	(1,420,535)	2,554,443	(898)	(1,262,947)	(417,928)
Ending balance (in shares) at Sep. 30, 2020			107,872,298
Beginning balance at Dec. 31, 2020	(737,317)	(351,997)	$ 1,235	(1,422,531)	2,598,115	3,604	(1,532,420)	(385,320)
Beginning balance (in shares) at Dec. 31, 2020			107,888,336
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(755,559)	(578,596)					(578,596)	(176,963)
Currency translation adjustment	879	515				515		364
Issuance of common stock, net of $17.7 million underwriter discounts, commissions and other expenses	841,896	841,896	$ 75		841,821
Issuance of common stock, net of $17.7 million underwriter discounts, commissions and other expenses (in shares)			7,475,000
Issuance of restricted stock	6,272	5,902	$ 4		5,898			370
Issuance of restricted stock (in shares)			428,406
Cancellation of restricted stock	140	121	$ 0				121	19
Cancellation of restricted stock (in shares)			(24,758)
Shares repurchased by the Company and held as treasury shares	(11,004)	(11,004)		(11,004)				0
Shares repurchased by the Company and held as treasury shares (in shares)			(108,166)
Distribution to noncontrolling interest	(11,843)							(11,843)
Subsidiary equity issuance	5,160	20,211			(20,211)			25,371
Stock-based compensation	68,787	60,136			60,136			8,651
Ending balance at Sep. 30, 2021	(592,589)	(53,238)	$ 1,314	(1,433,535)	3,485,759	4,119	(2,110,895)	(539,351)
Ending balance (in shares) at Sep. 30, 2021			115,658,818
Beginning balance at Jun. 30, 2021	(353,839)	102,752	$ 1,313	(1,427,094)	3,466,908	6,293	(1,944,668)	(456,591)
Beginning balance (in shares) at Jun. 30, 2021			115,683,983
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(245,983)	(166,249)					(166,249)	(79,734)
Currency translation adjustment	(2,863)	(2,174)				(2,174)		(689)
Issuance of restricted stock	0		$ 1		(1)
Issuance of restricted stock (in shares)			48,435
Cancellation of restricted stock	26	22	$ 0				22	4
Cancellation of restricted stock (in shares)			(5,224)
Shares repurchased by the Company and held as treasury shares	(6,441)	(6,441)		(6,441)
Shares repurchased by the Company and held as treasury shares (in shares)			(68,376)
Distribution to noncontrolling interest	(5,364)							(5,364)
Stock-based compensation	21,875	18,852			18,852			3,023
Ending balance at Sep. 30, 2021	$ (592,589)	$ (53,238)	$ 1,314	$ (1,433,535)	$ 3,485,759	$ 4,119	$ (2,110,895)	$ (539,351)
Ending balance (in shares) at Sep. 30, 2021			115,658,818

Condensed Consolidated Statem_4

Condensed Consolidated Statement Of Stockholders' Equity (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Stockholders' Equity [Abstract]
Underwriter discounts, commissions, and other expenses			$ 17,700
Issuance of restricted stock	$ 0	$ (1)	$ 6,272	$ 7,526

Condensed Consolidated Statem_5

Condensed Consolidated Statements Of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net loss	$ (755,559)	$ (2,016,655)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	545,538	541,498
Deferred income taxes	(527)	562,262
Stock-based compensation expense	75,033	40,501
Amortization of debt issuance costs	19,891	21,770
Loss on extinguishment of debt	2,060	4,601
Provision for credit losses	7,461	60,548
Change in derivatives fair value	(6,557)	14,279
Property charges and other	43,893	30,721
Increase (decrease) in cash from changes in:
Receivables, net	(29,729)	105,879
Inventories, prepaid expenses and other	(38,377)	15,923
Customer deposits	(178,959)	45,852
Accounts payable and accrued expenses	99,000	(208,258)
Net cash used in operating activities	(216,832)	(781,079)
Cash flows from investing activities:
Capital expenditures, net of construction payables and retention	(213,088)	(261,093)
Purchase of intangible and other assets	(19,741)	0
Proceeds from sale of assets and other	3,689	3,733
Net cash used in investing activities	(229,140)	(257,360)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	1,141,026	3,919,377
Repayments of long-term debt	(2,477,690)	(1,540,609)
Proceeds from issuance of Wynn Resorts, Limited common stock	841,896	0
Repurchase of common stock	(11,004)	(9,537)
Finance lease payments	(11,709)	(2,194)
Proceeds from exercise of stock options	0	70
Dividends paid	(932)	(108,282)
Distribution to noncontrolling interest	(11,843)	(1,996)
Proceeds from issuance of subsidiary common stock	4,662	0
Payments for debt financing costs	(29,975)	(20,350)
Net cash (used in) provided by financing activities	(555,569)	2,236,479
Effect of exchange rate on cash, cash equivalents and restricted cash	(1,689)	3,412
Cash, cash equivalents and restricted cash:
(Decrease) increase in cash, cash equivalents and restricted cash	(1,003,230)	1,201,452
Balance, beginning of period	3,486,384	2,358,292
Balance, end of period	2,483,154	3,559,744
Supplemental cash flow disclosures:
Cash paid for interest, net of amounts capitalized	426,462	313,696
Liability settled with shares of common stock	6,272	6,720
Accounts and construction payables related to property and equipment	70,844	85,585
Other liabilities related to intangible assets	12,335	12,880
Finance lease liabilities arising from obtaining finance lease assets	$ 7,423	$ 42,432

Organization

Organization	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization Organization Wynn Resorts, Limited, a Nevada corporation (together with its subsidiaries, "Wynn Resorts" or the "Company"), is a designer, developer, and operator of integrated resorts featuring luxury hotel rooms, high-end retail space, an array of dining and entertainment options, meeting and convention facilities, and gaming. In the Macau Special Administrative Region of the People's Republic of China ("Macau"), the Company owns approximately 72% of Wynn Macau, Limited ("WML"), which includes the operations of the Wynn Palace and Wynn Macau resorts. The Company refers to Wynn Palace and Wynn Macau as its Macau Operations. In Las Vegas, Nevada, the Company operates and, with the exception of certain retail space, owns 100% of Wynn Las Vegas. Additionally, the Company is a 50.1% owner and managing member of a joint venture that owns and leases certain retail space at Wynn Las Vegas (the "Retail Joint Venture"). The Company refers to Wynn Las Vegas, Encore, an expansion at Wynn Las Vegas, and the Retail Joint Venture as its Las Vegas Operations. On June 23, 2019, the Company opened Encore Boston Harbor, an integrated resort in Everett, Massachusetts, that is owned 100% by the Company. In October 2020, Wynn Interactive Ltd. ("Wynn Interactive") was formed through the merger of the Company's U.S. online sports betting and gaming business, social casino business, and Wynn Resorts' strategic partner, BetBull Limited ("BetBull"). Wynn Resorts holds an approximately 74% interest in, and consolidates, Wynn Interactive. The results of Wynn Interactive's operations are presented within Corporate and other in the accompanying condensed consolidated financial statements, except where otherwise noted. Recent Developments Related to COVID-19 Since the outbreak of COVID-19 in early 2020, steps have been taken by various countries, including those in which the Company operates, to advise citizens to avoid non-essential travel, to restrict inbound international travel, to implement closures of non-essential operations, and to implement quarantines and lockdowns to contain the spread of the virus. As part of the immediate response to the initial outbreak of COVID-19, each of the Company's properties was subject to partial or full closure for varying lengths of time during 2020, and each has since reopened. Several vaccines have been granted authorization in numerous countries and are being rolled out to citizens based on availability and priority of need. There can be no assurance as to when a sufficient number of individuals will be vaccinated, or when travel restrictions may be fully lifted thereafter. Macau Operations Visitation to Macau has fallen significantly since the outbreak of COVID-19, driven by the strong deterrent effect of the COVID-19 pandemic on travel and social activities, quarantine measures put in place in Macau and elsewhere, travel and entry restrictions and conditions in Macau, the PRC, Hong Kong and Taiwan involving COVID-19 testing, among other things, and the suspension or reduced accessibility of transportation to and from Macau. Beginning in June 2020, certain restrictions and conditions have eased to allow for some visitation to Macau as certain regions recover from the COVID-19 pandemic. Quarantine-free travel, subject to COVID-19 safeguards such as testing and the usual visa requirements, has been reintroduced between Macau and most areas and cities within the PRC, and in September 2020, PRC authorities fully resumed the IVS exit visa program, which permits individual PRC citizens from nearly 50 PRC cities to travel to Macau for tourism purposes. Given the evolving conditions created by and in response to the COVID-19 pandemic, measures that have been lifted may be reintroduced if there are adverse developments in the COVID-19 situation in Macau and other regions with access to Macau, and the Company is currently unable to determine when protective measures and the suspension of certain offerings in effect at our Macau Operations will be lifted. Given the uncertainty around the extent and timing of the potential future spread or mitigation of COVID-19 and around the imposition or relaxation of protective measures, management cannot reasonably estimate the impact to the Company's future results of operations, cash flows, or financial condition. Las Vegas Operations and Encore Boston Harbor In response to the COVID-19 outbreak, the Company’s Las Vegas Operations and Encore Boston Harbor each implemented certain COVID-19 specific protective measures, such as limiting the number of seats per table game, slot machine spacing, temperature checks, mask protection, and suspension of certain entertainment and nightlife offerings. Over the course of the nine months ended September 30, 2021, the Company's Las Vegas Operations and Encore Boston Harbor have each incrementally resumed full operations, including reopening gaming areas to 100% of capacity and restoring seven-day-per-week hotel operations, as permitted by governmental authorities and in response to increased customer demand. Given the evolving conditions created by and in response to the COVID-19 pandemic, measures that have been lifted may be reintroduced if there are adverse developments in the COVID-19 situation, and management cannot reasonably estimate the impact of such developments to the Company's future results of operations, cash flows, or financial condition. Liquidity As of September 30, 2021, the Company had total cash and cash equivalents, excluding restricted cash, of $2.48 billion, and had access to $834.2 million of available borrowing capacity from the WRF Revolving Facility and $413.1 million of available borrowing capacity from the WM Cayman II Revolver (as defined and discussed further in Note 7, "Long-Term Debt"). The Company has suspended its dividend program. Given the Company's liquidity position as of September 30, 2021, the Company believes it is able to support continuing operations and respond to the current COVID-19 pandemic challenges. Macau Gaming Concession The term of the Company's concession agreement with the Macau government ends on June 26, 2022. If the term of this concession agreement is not extended or renewed or is not replaced by a new gaming concession, all of the Company's gaming operations and related equipment in Macau will be automatically transferred to the Macau government without compensation on that date and the Company will cease to generate gaming revenues from its Macau Operations. In addition, under the indentures governing the Company's $4.7 billion aggregate principal amount of WML Senior Notes and the facility agreement governing the WM Cayman II Revolver, upon the occurrence of any event after which the Company does not own or manage casino or gaming areas or operate casino games of fortune and chance in Macau in substantially the same manner as of the issue date of the respective senior notes or the date of the facility agreement, for a period of 10 consecutive days or more in the case of the WML Senior Notes or a period of 30 consecutive days or more in the case of the WM Cayman II Revolver, and such event has a material adverse effect on the financial condition, business, properties or results of operations of WML and its subsidiaries, taken as a whole, holders of the WML Senior Notes can require the Company to repurchase all or any part of the WML Senior Notes at par, plus any accrued and unpaid interest (the "Special Put Option"), and any amounts owed under the WM Cayman II Revolver may become immediately due and payable (the "Property Mandatory Prepayment Event"). The Company is monitoring developments with respect to the Macau government's concession renewal or extension process, and at this time believes that its concession will be renewed or extended beyond June 26, 2022. The failure to extend or renew the Company's concession or obtain a new concession and the resulting ability of the WML Senior Note holders to exercise the Special Put Option and triggering of the Property Mandatory Prepayment Event would have a material adverse effect on the Company's business, financial condition, results of operations, and cash flows. Business Combination Agreement On May 10, 2021, Wynn Interactive entered into a business combination agreement (the "Business Combination Agreement") with Austerlitz Acquisition Corporation I, a Cayman Islands exempted company ("Austerlitz I"), and Wave Merger Sub Limited, an exempted company limited by shares incorporated in Bermuda and a direct, wholly owned subsidiary of Austerlitz I ("Merger Sub"). The Business Combination Agreement provides for, among other things, the consummation of the following transactions: (i) Austerlitz I will transfer by way of continuation from the Cayman Islands to Bermuda and change its name to "Wynn Interactive, Limited"; and (ii) Merger Sub will merge with and into Wynn Interactive (the "Merger"), with Wynn Interactive being the surviving company of the Merger and direct, wholly owned subsidiary of Austerlitz I. Upon closing of the transaction, assuming no share redemptions by the public stockholders of Austerlitz I, the Company is expected to retain an approximately 58% equity interest (and approximately 72% voting interest) in Wynn Interactive. Closing of the proposed business combination is subject to approval by Austerlitz I's stockholders, gaming regulatory approval and other customary closing conditions.

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Significant Accounting Policies Basis of Presentation The accompanying condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles ("GAAP") have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures herein are adequate to make the information presented not misleading. In the opinion of management, the accompanying condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary to a fair presentation of the results for the interim periods presented. The results for the three and nine months ended September 30, 2021 are not necessarily indicative of results to be expected for the full fiscal year. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2020. Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and entities the Company identifies as variable interest entities ("VIEs") of which the Company is determined to be the primary beneficiary. For information on the Company's VIEs, see Note 16, "Retail Joint Venture." All significant intercompany accounts and transactions have been eliminated. Certain amounts in the condensed consolidated financial statements for the first quarter of 2021 have been reclassified to be consistent with the current quarter presentation. These reclassifications had no effect on the previously reported net loss or operating loss. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates and assumptions reflected in the financial statements relate to and include, but are not limited to, inputs into the Company's estimated allowance for credit losses, estimates regarding the useful lives and recoverability of the cost of long-lived assets, fair value estimates of intangible assets and their estimated useful lives, and litigation and contingency estimates. Gaming Taxes The Company is subject to taxes based on gross gaming revenues in the jurisdictions in which it operates, subject to applicable jurisdictional adjustments. These gaming taxes are recorded as casino expenses in the accompanying Condensed Consolidated Statements of Operations. These taxes totaled $188.7 million and $66.1 million for the three months ended September 30, 2021 and 2020, respectively, and $637.9 million and $332.5 million for the nine months ended September 30, 2021 and 2020, respectively. Recently Issued Accounting Standards

Cash, Cash Equivalents and Rest

Cash, Cash Equivalents and Restricted Cash	9 Months Ended
	Sep. 30, 2021
Cash and Cash Equivalents [Abstract]
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash Cash, cash equivalents and restricted cash consisted of the following (in thousands): September 30, December 31, Cash and cash equivalents: Cash (1) $ 2,054,901 $ 2,501,452 Cash equivalents (2) 420,856 980,580 Total cash and cash equivalents 2,475,757 3,482,032 Restricted cash (3) 7,397 4,352 Total cash, cash equivalents and restricted cash $ 2,483,154 $ 3,486,384 (1) Cash consists of cash on hand and bank deposits. (2) Cash equivalents consist of bank time deposits and money market funds. (3) Restricted cash consists of cash subject to certain contractual restrictions, cash collateral associated with obligations and cash held in a trust in accordance with WML's share award plan.

Receivables, net

Receivables, net	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Receivables, net	Receivables, net Accounts Receivable and Credit Risk Receivables, net consisted of the following (in thousands): September 30, December 31, Casino $ 217,788 $ 207,823 Hotel 23,593 7,075 Other 74,861 85,589 316,242 300,487 Less: allowance for credit losses (94,309) (100,329) $ 221,933 $ 200,158 As of September 30, 2021 and December 31, 2020, approximately 72.8% and 77.3%, respectively, of the Company's markers were due from customers residing outside the United States, primarily in Asia. Business or economic conditions or other significant events in the countries in which the Company's customers reside could affect the collectability of such receivables. The Company’s allowance for casino credit losses was 42.2% and 47.2% of gross casino receivables as of September 30, 2021 and December 31, 2020, respectively. Although the Company believes that its allowance is adequate, it is possible the estimated amounts of cash collections with respect to receivables could change. The Company’s allowance for credit losses from its hotel and other receivables is not material. The following table shows the movement in the Company's allowance for credit losses recognized for receivables that occurred during the period (in thousands): September 30, September 30, Balance at beginning of year $ 100,329 $ 39,317 Provision for credit losses 7,461 60,548 Write-offs (14,022) (1,233) Recoveries of receivables previously written off 736 228 Effect of exchange rate (195) 129 Balance at end of period $ 94,309 $ 98,989

Property and Equipment, net

Property and Equipment, net	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net Property and equipment, net consisted of the following (in thousands): September 30, December 31, Buildings and improvements $ 9,794,863 $ 9,758,846 Land and improvements 1,277,046 1,265,510 Furniture, fixtures and equipment 3,099,055 3,093,481 Airplanes 110,623 110,623 Construction in progress 194,912 136,390 14,476,499 14,364,850 Less: accumulated depreciation (5,617,342) (5,168,206) $ 8,859,157 $ 9,196,644 As of September 30, 2021 and December 31, 2020, construction in progress consisted primarily of costs capitalized for various capital enhancements at the Company's properties, including the Wynn Las Vegas room remodel. Depreciation expense for the three months ended September 30, 2021 and 2020 was $169.7 million and $177.3 million, respectively, and depreciation expense for the nine months ended September 30, 2021 and 2020 was $523.6 million and $522.4 million, respectively.

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The following table shows the movement in the Company's goodwill balance that occurred during the nine-month period (in thousands): Balance as of January 1, 2021 $ 144,094 Foreign currency translation (4,167) Balance as of September 30, 2021 $ 139,927

Long-Term Debt

Long-Term Debt	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consisted of the following (in thousands): September 30, December 31, Macau Related: Wynn Macau Credit Facilities (1) : Wynn Macau Term Loan, due 2022 $ — $ 1,268,106 Wynn Macau Revolver, due 2022 — 407,443 WM Cayman II Revolver, due 2025 (2) 1,089,143 — WML 4 7/8% Senior Notes, due 2024 600,000 600,000 WML 5 1/2% Senior Notes, due 2026 1,000,000 1,000,000 WML 5 1/2% Senior Notes, due 2027 750,000 750,000 WML 5 5/8% Senior Notes, due 2028 1,350,000 1,350,000 WML 5 1/8% Senior Notes, due 2029 1,000,000 1,000,000 U.S. and Corporate Related: WRF Credit Facilities (3) : WRF Term Loan, due 2024 900,000 937,500 WRF Revolver, due 2024 — 716,000 WLV 4 1/4% Senior Notes, due 2023 500,000 500,000 WLV 5 1/2% Senior Notes, due 2025 1,780,000 1,780,000 WLV 5 1/4% Senior Notes, due 2027 880,000 880,000 WRF 7 3/4% Senior Notes, due 2025 600,000 600,000 WRF 5 1/8% Senior Notes, due 2029 750,000 750,000 Retail Term Loan, due 2025 (4) 615,000 615,000 11,814,143 13,154,049 Less: Unamortized debt issuance costs and original issue discounts and premium, net (70,358) (88,279) 11,743,785 13,065,770 Less: Current portion of long-term debt (50,000) (596,408) Total long-term debt, net of current portion $ 11,693,785 $ 12,469,362 (1) In September 2021, the Company prepaid the aggregate amount of $1.26 billion of borrowings outstanding under Wynn Macau Credit Facilities. (2) The borrowings under the WM Cayman II Revolver bear interest at LIBOR or HIBOR plus a margin of 1.875% to 2.875% per annum based on WM Cayman II’s leverage ratio on a consolidated basis. Approximately $226.5 million and $862.6 million of the WM Cayman II Revolver bears interest at a rate of LIBOR plus 2.625% per year and HIBOR plus 2.625% per year, respectively. As of September 30, 2021, the weighted average interest rate was approximately 2.69%. As of September 30, 2021, the available borrowing capacity under the WM Cayman II Revolver was $413.1 million. (3) The WRF Credit Facilities bear interest at a rate of LIBOR plus 1.75% per year. As of September 30, 2021, the weighted average interest rate was approximately 1.84%. Additionally, as of September 30, 2021, the available borrowing capacity under the WRF Revolver was $834.2 million, net of $15.8 million in outstanding letters of credit. (4) The Retail Term Loan bears interest at a rate of LIBOR plus 1.70% per year. As of September 30, 2021, the effective interest rate was 2.70%. WM Cayman II Revolver On September 16, 2021, WM Cayman Holdings Limited II, an indirect wholly owned subsidiary of WML, as borrower ("WM Cayman II") and WML as guarantor, each an indirect subsidiary of Wynn Resorts, entered into a facility agreement with, among others, Bank of China Limited, Macau Branch as agent and a syndicate of lenders (the "Facility Agreement"), pursuant to which the lenders will make available in an aggregate amount of $1.50 billion equivalent revolving unsecured credit facility consisting of one tranche in an amount of $312.5 million and one tranche in an amount of HK$9.26 billion (approximately $1.19 billion) to WM Cayman II (the "WM Cayman II Revolver"). WM Cayman II has the ability to upsize the total WM Cayman II Revolver by an additional $1.00 billion equivalent under the Facility Agreement and related agreements upon the satisfaction of various conditions. The final maturity of all outstanding loans under the WM Cayman II Revolver is September 16, 2025 (or if September 16, 2025 is not a business day, the next business day in the relevant calendar month), by which time any outstanding borrowings from the WM Cayman II Revolver must be repaid. Borrowings of $1.09 billion under the WM Cayman II Revolver, along with $200.0 million of cash, were used to facilitate the prepayment of the outstanding $1.26 billion of borrowings under the Wynn Macau Credit Facilities, and to pay related fees and expenses totaling $29.1 million, of which $28.5 million was recorded as debt issuance costs within the Condensed Consolidated Balance Sheet. The Company recognized this transaction primarily as a modification of existing debt with the related unamortized debt issuance costs reallocated to the WM Cayman II Revolver. For those components of debt that were deemed extinguished, the Company recognized a loss on extinguishment of debt of $0.7 million. The Facility Agreement contains representations, warranties, covenants and events of default customary for similar financings. The Facility Agreement also contains certain mandatory prepayment provisions relating to the loss or termination of the Company's gaming operations or concession contracts in Macau. Debt Covenant Compliance As of September 30, 2021, management believes the Company was in compliance with all debt covenants. Fair Value of Long-Term Debt

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit)	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Stockholders' Equity (Deficit)	Stockholders' Deficit Equity Offering On February 11, 2021, the Company completed a registered public offering of 7,475,000 newly issued shares of its common stock, par value $0.01 per share, at a price of $115.00 per share for proceeds of $841.9 million, net of $17.7 million in underwriting discounts, commissions, and other expenses. The Company used $716.0 million of the proceeds from the equity offering to repay the then outstanding borrowings under the WRF Revolver, and used the remaining net proceeds for general corporate purposes. Dividends During the first quarter of 2020, the Company paid a cash dividend of $1.00 per share, and recorded $107.5 million as a reduction of retained earnings from cash dividends declared. On May 6, 2020, the Company announced that it had suspended its quarterly dividend program due to the financial impact of the COVID-19 pandemic. Noncontrolling Interests On April 16, 2021, Wynn Interactive issued a pre-emptive rights notice to its shareholders in connection with the proposed creation and issuance of new Class A shares. Upon the consummation of the share issuance in May 2021, Wynn Interactive issued 3,229 new Class A shares to noncontrolling interest holders in exchange for aggregate proceeds of $4.7 million. The WML board of directors concluded not to recommend the payment of a dividend with respect to either of the years ended December 31, 2020 or 2019 due to the financial impact of the COVID-19 pandemic. As such, WML paid no dividends during 2020 or the nine months ended September 30, 2021.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following tables present assets and liabilities carried at fair value (in thousands): Fair Value Measurements Using: September 30, Quoted Other Unobservable Assets: Cash equivalents $ 420,856 $ — $ 420,856 — Restricted cash $ 7,397 $ 5,672 $ 1,725 — Liabilities: Interest rate collar $ 10,351 — $ 10,351 — Fair Value Measurements Using: December 31, Quoted Other Unobservable Assets: Cash equivalents $ 980,580 $ 504,980 $ 475,600 — Restricted cash $ 4,352 $ 2,054 $ 2,298 — Liabilities: Interest rate collar $ 16,908 — $ 16,908 —

Customer Contract Liabilities

Customer Contract Liabilities	9 Months Ended
	Sep. 30, 2021
Revenue Recognition [Abstract]
Customer Contract Liabilties	Customer Contract Liabilities In providing goods and services to its customers, there is often a timing difference between the Company receiving cash and the Company recording revenue for providing services or holding events. The Company's primary liabilities associated with customer contracts are as follows (in thousands): September 30, 2021 December 31, 2020 Increase / (decrease) September 30, 2020 December 31, 2019 Increase / (decrease) Casino outstanding chips and front money deposits (1) $ 380,442 $ 596,463 $ (216,021) $ 836,370 $ 769,053 $ 67,317 Advance room deposits and ticket sales (2) 62,993 29,224 33,769 28,885 49,834 (20,949) Other gaming-related liabilities (3) 21,217 7,882 13,335 6,212 13,970 (7,758) Loyalty program and related liabilities (4) 33,440 22,736 10,704 23,362 21,148 2,214 $ 498,092 $ 656,305 $ (158,213) $ 894,829 $ 854,005 $ 40,824 (1) Casino outstanding chips generally represent amounts owed to gaming promoters and customers for chips in their possession, and casino front money deposits represent funds deposited by customers before gaming play occurs. These amounts are included in customer deposits on the Condensed Consolidated Balance Sheets and may be recognized as revenue or redeemed for cash in the future. (2) Advance room deposits and ticket sales represent cash received in advance for goods or services to be provided in the future. These amounts are included in customer deposits on the Condensed Consolidated Balance Sheets and will be recognized as revenue when the goods or services are provided or the events are held. Decreases in this balance generally represent the recognition of revenue and increases in the balance represent additional deposits made by customers. The deposits are expected to primarily be recognized as revenue within one year. (3) Other gaming-related liabilities generally represent unpaid wagers primarily in the form of unredeemed slot, race and sportsbook tickets or wagers for future sporting events. The amounts are included in other accrued liabilities on the Condensed Consolidated Balance Sheets. (4) Loyalty program and related liabilities represent the deferral of revenue until the loyalty points or other complimentaries are redeemed. The amounts are included in other accrued liabilities on the Condensed Consolidated Balance Sheets and are expected to be recognized as revenue within one year of being earned by customers.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The total compensation cost for stock-based compensation plans was recorded as follows (in thousands): Three Months Ended Nine Months Ended 2021 2020 2021 2020 Casino (1) $ 3,423 $ 2,496 $ 11,000 $ 4,796 Rooms 351 403 1,260 1,098 Food and beverage 737 868 2,709 2,171 Entertainment, retail and other (2) 7,071 102 16,292 259 General and administrative (3) 13,998 6,184 43,772 32,177 Total stock-based compensation expense 25,580 10,053 75,033 40,501 Total stock-based compensation capitalized 2,242 659 4,271 1,362 Total stock-based compensation costs $ 27,822 $ 10,712 $ 79,304 $ 41,863 (1) For the nine months ended September 30, 2020, reflects the reversal of $3.3 million of compensation cost previously recognized for awards forfeited in connection with the departure of an employee. (2) For the nine months ended September 30, 2021, reflects compensation cost of $2.7 million recognized in connection with the vesting of restricted stock performance awards. (3) For the nine months ended September 30, 2020, reflects compensation cost of $4.4 million recognized in connection with the vesting of restricted stock performance awards.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company recorded an income tax expense of $1.2 million and $407.4 million for the three months ended September 30, 2021 and 2020, respectively and an income tax expense of $2.3 million and $564.1 million for the nine months ended September 30, 2021 and 2020, respectively. The 2021 income tax expense primarily related to an increase in valuation allowance for U.S. deferred tax assets and to the Macau dividend tax agreement that provides for an annual payment of MOP 12.8 million (approximately $1.6 million) as complementary tax otherwise due by stockholders of Wynn Macau SA. The 2020 income tax expense primarily related to the increase in the valuation allowance for U.S. foreign tax credits. In March 2021, the Company received an extension of its Macau dividend tax agreement, providing for a payment of MOP 12.8 million (approximately $1.6 million) for 2021 and MOP 6.3 million (approximately $0.8 million) for the period ending June 26, 2022, the expiration date of the gaming concession agreement. The Company records valuation allowances on certain of its U.S. and foreign deferred tax assets. During the third quarter of 2020, the Company concluded it could no longer rely on forecasted future taxable income in assessing a valuation allowance on its deferred tax assets. This conclusion was reached due to cumulative operating losses incurred by the Company and tax legislation that reduced future sources of taxable income. As of September 30, 2021, the Company continues to rely solely on the reversal of net taxable temporary differences in assessing a need for a valuation allowance. In April 2020, Wynn Macau SA received an extension of the exemption from Macau’s 12% Complementary Tax on casino gaming profits earned from January 1, 2021 to June 26, 2022, the expiration date of the gaming concession agreement. For the three and nine months ended September 30, 2021 and 2020, the Company did not have any casino gaming profits exempt from the Macau Complementary Tax. The Company's non-gaming profits remain subject to the Macau Complementary Tax and its casino winnings remain subject to the Macau special gaming tax and other levies in accordance with its concession agreement.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share ("EPS") is computed by dividing net loss attributable to Wynn Resorts by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net loss attributable to Wynn Resorts by the weighted average number of common shares outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potential dilutive securities had been issued, to the extent such impact is not anti-dilutive. Potentially dilutive securities include outstanding stock options and unvested restricted stock. The weighted average number of common and common equivalent shares used in the calculation of basic and diluted EPS consisted of the following (in thousands, except per share amounts): Three Months Ended Nine Months Ended 2021 2020 2021 2020 Numerator: Net loss attributable to Wynn Resorts, Limited $ (166,249) $ (758,142) $ (578,596) $ (1,797,743) Denominator: Weighted average common shares outstanding 114,655 106,783 113,420 106,720 Potential dilutive effect of stock options, nonvested, and performance nonvested shares — — — — Weighted average common and common equivalent shares outstanding 114,655 106,783 113,420 106,720 Net loss attributable to Wynn Resorts, Limited per common share, basic $ (1.45) $ (7.10) $ (5.10) $ (16.85) Net loss attributable to Wynn Resorts, Limited per common share, diluted $ (1.45) $ (7.10) $ (5.10) $ (16.85) Anti-dilutive stock options, nonvested, and performance nonvested shares excluded from the calculation of diluted net income per share 954 1,104 954 1,104

Leases

Leases	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Leases	Leases Lessor Arrangements The following table presents the minimum and contingent operating lease income for the periods presented (in thousands): Three Months Ended Nine Months Ended 2021 2020 2021 2020 Minimum rental income (1) $ 27,719 $ (2,430) $ 75,676 $ 57,293 Contingent rental income 19,349 15,280 75,464 23,798 Total rental income $ 47,068 $ 12,850 $ 151,140 $ 81,091 (1) For the three and nine months ended September 30, 2020, reflects the impact of rent concessions provided to tenants.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation In addition to the actions noted below, the Company and its affiliates are involved in litigation arising in the normal course of business. In the opinion of management, such litigation is not expected to have a material effect on the Company's financial condition, results of operations, and cash flows. Massachusetts Gaming License Related Actions On September 17, 2014, the Massachusetts Gaming Commission ("MGC") designated Wynn MA the award winner of the Greater Boston (Region A) gaming license (the "Boston area license"). On November 7, 2014, the gaming license became effective. Revere Action On October 16, 2014, the City of Revere, the host community to the unsuccessful bidder for the Boston area license, the International Brotherhood of Electrical Workers, Local 103, and several individuals, filed a complaint against the MGC and its gaming commissioners in Suffolk Superior Court in Boston, Massachusetts (the "Revere Action"). Mohegan Sun ("Mohegan"), the other applicant for the Boston area license, joined the lawsuit and challenged the MGC's award of the Boston area license. On December 3, 2015, the court granted the MGC's motion to dismiss the claims asserted in the Revere Action and the court dismissed all claims except Mohegan's claim alleging procedural error by the MGC in granting the license to Wynn MA. The plaintiffs appealed. After multiple appeals and cross appeals, only two claims remained: (1) individual plaintiffs' claim for violation of the open meeting laws; and (2) Mohegan's claim for procedural error. On July 12, 2019, the Suffolk Superior Court granted the MGC's motion for summary judgment and dismissed the open meeting law claim, leaving only Mohegan's procedural claim for procedural error. On August 2, 2019, Mohegan filed a motion to file a second amended complaint, to add new claims related to the MGC's allegedly inadequate 2013 investigation. On October 15, 2019, the court granted Mohegan's motion to amend and allowed it to file a second amended intervenor's complaint. Wynn MA is not a party to and is not named in the Revere Action. Derivative Litigation A number of stockholder derivative actions were filed in state and federal court located in Clark County, Nevada against certain current and former members of the Company's Board of Directors and, in some cases, the Company's current and former officers. Each of the complaints alleged, among other things, breach of fiduciary duties in failing to detect, prevent and remedy alleged inappropriate personal conduct by Stephen A. Wynn in the workplace. The actions filed in the Eighth Judicial District Court of Clark County, Nevada were consolidated as In re Wynn Resorts, Ltd. Derivative Litigation ("State Derivative Case"). On June 3, 2019, a separate stockholder derivative action was filed in the Eighth Judicial District Court of Clark County, Nevada alleging substantially similar causes of action as the State Derivative Case with the additional allegation that various of the Company's attorneys committed professional malpractice, and certain current and former executives also breached fiduciary duties and aided and abetted the breach of fiduciary duties, in connection with the alleged inappropriate personal conduct by Stephen A. Wynn in the workplace. This case was consolidated in September 2019 into the State Derivative Case. On November 27, 2019, the State Derivative Case parties agreed to terms of a settlement agreement. The court approved the settlement agreement on February 12, 2020, and entered a written order approving the settlement on March 10, 2020. Following the Nevada Supreme Court’s dismissal of the only appeal, the settlement agreement became effective and final. Following the dismissal, the Company received net proceeds of $30.2 million, which has been recognized as a reduction of general and administrative expense within the Condensed Consolidated Statements of Operations for the nine months ended September 30, 2020. In 2018, several actions filed in the United States District Court, District of Nevada were consolidated as In re Wynn Resorts, Ltd. Derivative Litigation ("Federal Derivative Case"), which also claim corporate waste and violation of Section 14(a) of the Exchange Act. In June 2018, the Company filed a motion to dismiss and a motion to stay pending resolution of the Securities Action (described below). On March 29, 2019, the Court granted the Company's request for a stay. On March 25, 2020, the parties stipulated to dismiss the Federal Derivative Case given the approved settlement in the State Derivative Case. On March 25, 2019, a separate stockholder derivative action was filed in the United States District Court, District of Nevada alleging similar causes of action as the Federal Derivative Case with the additional allegation that the Board of Directors improperly refused the stockholder's demand to commence litigation against the officers and directors of the Company. On April 30, 2020, the Company filed a motion for summary judgment, seeking dismissal of the claims given the approved settlement in the State Derivative Case. On January 12, 2021, the court granted the Company’s motion for summary judgment of this action and denied the stockholder’s request to vacate the parties' stipulation to dismiss the Federal Derivative Case. On February 11, 2021, the stockholder filed a notice of appeal to the United States Court of Appeals for the Ninth Circuit. On May 12, 2021, the parties stipulated to dismiss the appeal. Each of the actions sought to recover for the Company unspecified damages, including restitution and disgorgement of profits, and also sought to recover attorneys' fees, costs and related expenses for the plaintiff. Securities Action On February 20, 2018, a putative securities class action was filed against the Company and certain current and former officers of the Company in the United States District Court, Southern District of New York (which was subsequently transferred to the United States District Court, District of Nevada) by John V. Ferris and Joann M. Ferris on behalf of all persons who purchased the Company's common stock between February 28, 2014 and January 25, 2018. The complaint alleges, among other things, certain violations of federal securities laws and seeks to recover unspecified damages as well as attorneys' fees, costs and related expenses for the plaintiffs. On April 15, 2019, the Company filed a motion to dismiss, which the court granted on May 27, 2020, with leave to amend. On July 1, 2020, the plaintiffs filed an amended complaint. On August 14, 2020, the Company filed a motion to dismiss the amended complaint. On July 28, 2021, the court granted in part, and denied in part, the Company's motion to dismiss the amended complaint, dismissing certain of plaintiffs' claims, including all claims against Mr. Billings and the individual directors, and allowing other claims to proceed against the Company and several of the Company's current and former executive officers, including Mr. Maddox, Stephen A. Wynn, Kimmarie Sinatra, and Steven Cootey. The defendants in these actions will vigorously defend against the claims pleaded against them. These actions are in preliminary stages and management has determined that based on proceedings to date, it is currently unable to determine the probability of the outcome of these actions or the range of reasonably possible loss, if any. Federal Investigation From time to time, the Company receives regulatory inquiries about compliance with anti-money laundering laws. The Company received requests for information from the U.S. Attorney’s Office for the Southern District of California relating to its anti-money laundering policies and procedures, and in the first half of 2020, received two grand jury subpoenas regarding various transactions at Wynn Las Vegas relating to certain patrons and agents who reside or operate in foreign jurisdictions. The Company continues to cooperate with the U.S. Attorney's Office in its investigation, which remains ongoing. Because no charges or claims have been brought, the Company is unable to predict the outcome of the investigation, the extent of the materiality of the outcome, or reasonably estimate the possible range of loss, if any, which could be associated with the resolution of any possible charges or claims that may be brought against the Company.

Retail Joint Venture

Retail Joint Venture	9 Months Ended
	Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
Retail Joint Venture	Retail Joint VentureAs of September 30, 2021 and December 31, 2020, the Retail Joint Venture had total assets of $98.2 million and $96.3 million, respectively, and total liabilities of $626.6 million and $633.5 million, respectively. As of September 30, 2021 and December 31, 2020, the Retail Joint Venture's liabilities included long-term debt of $612.8 million and $612.3 million, respectively, net of debt issuance costs, related to the outstanding borrowings under the Retail Term Loan.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Segment Information	Segment InformationThe Company reviews the results of operations for each of its operating segments, and identifies reportable segments based upon factors such as geography, regulatory environment, and the Company's organizational and management reporting structure. Wynn Macau and Encore, an expansion at Wynn Macau, are managed as a single integrated resort and have been aggregated as one reportable segment ("Wynn Macau"). Wynn Palace is presented as a separate reportable segment and is combined with Wynn Macau for geographical presentation. Other Macau primarily represents the assets for the Company's Macau holding company. Wynn Las Vegas, Encore, an expansion at Wynn Las Vegas, and the Retail Joint Venture are managed as a single integrated resort and have been aggregated as one reportable segment ("Las Vegas Operations"). Encore Boston Harbor is presented as one reportable segment. The results of Wynn Interactive are presented within Corporate and other. The following tables present the Company's segment information (in thousands): Three Months Ended Nine Months Ended 2021 2020 2021 2020 Operating revenues Macau Operations: Wynn Palace Casino $ 134,064 $ 12,301 $ 532,040 $ 208,449 Rooms 15,639 4,506 53,534 26,647 Food and beverage 10,952 6,856 36,429 24,385 Entertainment, retail and other (1) 20,668 (7,962) 67,017 24,451 181,323 15,701 689,020 283,932 Wynn Macau Casino 98,264 27,154 379,610 213,758 Rooms 10,896 4,938 39,025 23,480 Food and beverage 7,628 5,606 23,620 18,821 Entertainment, retail and other (1) 13,874 13,670 52,086 36,686 130,662 51,368 494,341 292,745 Total Macau Operations 311,985 67,069 1,183,361 576,677 Las Vegas Operations: Casino 112,575 65,694 305,253 161,354 Rooms 132,704 44,961 266,250 163,419 Food and beverage 180,455 55,043 333,390 177,114 Entertainment, retail and other (1) 50,269 20,999 104,892 73,520 Total Las Vegas Operations 476,003 186,697 1,009,785 575,407 Encore Boston Harbor: Casino 151,361 96,723 398,325 198,513 Rooms 14,578 6,739 28,963 17,694 Food and beverage 18,466 9,081 41,713 29,687 Entertainment, retail and other (1) 7,809 4,143 18,544 11,888 Total Encore Boston Harbor 192,214 116,686 487,545 257,782 Corporate and other: Entertainment, retail and other 14,442 — 40,748 — Total Corporate and other 14,442 — 40,748 — Total operating revenues $ 994,644 $ 370,452 $ 2,721,439 $ 1,409,866 Three Months Ended Nine Months Ended 2021 2020 2021 2020 Adjusted Property EBITDA (2) Macau Operations: Wynn Palace $ 12,112 $ (77,647) $ 93,036 $ (178,379) Wynn Macau (1,939) (34,457) 28,703 (97,895) Total Macau Operations 10,173 (112,104) 121,739 (276,274) Las Vegas Operations 183,416 20,258 344,719 (77,383) Encore Boston Harbor 64,565 25,986 141,844 (40,429) Corporate and other (103,593) — (187,961) — Total 154,561 (65,860) 420,341 (394,086) Other operating expenses Pre-opening 1,333 877 5,455 5,614 Depreciation and amortization 177,110 183,486 545,538 541,498 Property charges and other 15,301 9,905 26,569 43,701 Corporate expenses and other (3) 18,901 12,826 56,663 28,034 Stock-based compensation 25,580 10,053 75,033 40,501 Total other operating expenses 238,225 217,147 709,258 659,348 Operating loss (83,664) (283,007) (288,917) (1,053,434) Other non-operating income and expenses Interest income 507 2,033 2,131 13,969 Interest expense, net of amounts capitalized (150,325) (145,142) (453,601) (407,187) Change in derivatives fair value 1,176 4,675 6,557 (14,279) Loss on extinguishment of debt (738) (3,139) (2,060) (4,601) Other (11,784) 412 (17,324) 12,980 Total other non-operating income and expenses (161,164) (141,161) (464,297) (399,118) Loss before income taxes (244,828) (424,168) (753,214) (1,452,552) Provision for income taxes (1,155) (407,365) (2,345) (564,103) Net loss (245,983) (831,533) (755,559) (2,016,655) Net loss attributable to noncontrolling interests 79,734 73,391 176,963 218,912 Net loss attributable to Wynn Resorts, Limited $ (166,249) $ (758,142) $ (578,596) $ (1,797,743) (1) Includes lease revenue accounted for under lease accounting guidance. For more information on leases, see Note 14, "Leases". (2) "Adjusted Property EBITDA" is net loss before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other, management and license fees, corporate expenses and other (including intercompany golf course, meeting and convention, and water rights leases), stock-based compensation, change in derivatives fair value, loss on extinguishment of debt, and other non-operating income and expenses. Adjusted Property EBITDA is presented exclusively as a supplemental disclosure because management believes that it is widely used to measure the performance, and as a basis for valuation, of gaming companies. Management uses Adjusted Property EBITDA as a measure of the operating performance of its segments and to compare the operating performance of its properties with those of its competitors, as well as a basis for determining certain incentive compensation. We also present Adjusted Property EBITDA because it is used by some investors to measure a company's ability to incur and service debt, make capital expenditures and meet working capital requirements. Gaming companies have historically reported EBITDA as a supplement to GAAP. In order to view the operations of their casinos on a more stand-alone basis, gaming companies, including us, have historically excluded from their EBITDA calculations preopening expenses, property charges, corporate expenses and stock-based compensation, that do not relate to the management of specific casino properties. However, Adjusted Property EBITDA should not be considered as an alternative to operating income as an indicator of our performance, as an alternative to cash flows from operating activities as a measure of liquidity, or as an alternative to any other measure determined in accordance with GAAP. Unlike net income, Adjusted Property EBITDA does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. We have significant uses of cash flows, including capital expenditures, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDA. Also, our calculation of Adjusted Property EBITDA may be different from the calculation methods used by other companies and, therefore, comparability may be limited. (3) For the nine months ended September 30, 2020, included $30.2 million net gain recorded in relation to a derivative litigation settlement. September 30, December 31, Assets Macau Operations: Wynn Palace $ 3,178,848 $ 3,393,790 Wynn Macau 905,443 1,202,709 Other Macau 1,240,994 2,026,098 Total Macau Operations 5,325,285 6,622,597 Las Vegas Operations 3,038,127 2,992,870 Encore Boston Harbor 2,236,837 2,300,016 Corporate and other 2,007,446 1,954,064 Total $ 12,607,695 $ 13,869,547

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and entities the Company identifies as variable interest entities ("VIEs") of which the Company is determined to be the primary beneficiary. For information on the Company's VIEs, see Note 16, "Retail Joint Venture." All significant intercompany accounts and transactions have been eliminated. Certain amounts in the condensed consolidated financial statements for the first quarter of 2021 have been reclassified to be consistent with the current quarter presentation. These reclassifications had no effect on the previously reported net loss or operating loss. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates and assumptions reflected in the financial statements relate to and include, but are not limited to, inputs into the Company's estimated allowance for credit losses, estimates regarding the useful lives and recoverability of the cost of long-lived assets, fair value estimates of intangible assets and their estimated useful lives, and litigation and contingency estimates.
Gaming Taxes	Gaming TaxesThe Company is subject to taxes based on gross gaming revenues in the jurisdictions in which it operates, subject to applicable jurisdictional adjustments. These gaming taxes are recorded as casino expenses in the accompanying Condensed Consolidated Statements of Operations.
Recently Issued and Adopted Accounting Standards	Recently Issued Accounting StandardsIn March 2020, the FASB issued ASU No. 2020-04, "Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting" ("ASU 2020-04"). ASU 2020-04 provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. In response to the concerns about structural risks of interbank offered rates and, particularly, the risk of cessation of the London Interbank Offered Rate (referred to as "LIBOR"), regulators in several jurisdictions around the world have undertaken reference rate reform initiatives to identify alternative reference rates that are more observable or transaction-based and less susceptible to manipulation. ASU 2020-04 also provides companies with optional guidance to ease the potential accounting burden associated with transitioning away from reference rates that are expected to be discontinued. ASU 2020-04 can be adopted no later than December 1, 2022 with early adoption permitted. The Company is currently assessing the impact the adoption of the new guidance will have on its consolidated financial statements.

Cash, Cash Equivalents and Re_2

Cash, Cash Equivalents and Restricted Cash (Tables)	9 Months Ended
	Sep. 30, 2021
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	Cash, cash equivalents and restricted cash consisted of the following (in thousands): September 30, December 31, Cash and cash equivalents: Cash (1) $ 2,054,901 $ 2,501,452 Cash equivalents (2) 420,856 980,580 Total cash and cash equivalents 2,475,757 3,482,032 Restricted cash (3) 7,397 4,352 Total cash, cash equivalents and restricted cash $ 2,483,154 $ 3,486,384 (1) Cash consists of cash on hand and bank deposits. (2) Cash equivalents consist of bank time deposits and money market funds. (3) Restricted cash consists of cash subject to certain contractual restrictions, cash collateral associated with obligations and cash held in a trust in accordance with WML's share award plan.
Schedule of Restricted Cash and Cash Equivalents	Cash, cash equivalents and restricted cash consisted of the following (in thousands): September 30, December 31, Cash and cash equivalents: Cash (1) $ 2,054,901 $ 2,501,452 Cash equivalents (2) 420,856 980,580 Total cash and cash equivalents 2,475,757 3,482,032 Restricted cash (3) 7,397 4,352 Total cash, cash equivalents and restricted cash $ 2,483,154 $ 3,486,384 (1) Cash consists of cash on hand and bank deposits. (2) Cash equivalents consist of bank time deposits and money market funds. (3) Restricted cash consists of cash subject to certain contractual restrictions, cash collateral associated with obligations and cash held in a trust in accordance with WML's share award plan.

Receivables, net (Tables)

Receivables, net (Tables)	9 Months Ended
	Sep. 30, 2021
Receivables [Abstract]
Schedule of Receivables, net	Receivables, net consisted of the following (in thousands): September 30, December 31, Casino $ 217,788 $ 207,823 Hotel 23,593 7,075 Other 74,861 85,589 316,242 300,487 Less: allowance for credit losses (94,309) (100,329) $ 221,933 $ 200,158 September 30, September 30, Balance at beginning of year $ 100,329 $ 39,317 Provision for credit losses 7,461 60,548 Write-offs (14,022) (1,233) Recoveries of receivables previously written off 736 228 Effect of exchange rate (195) 129 Balance at end of period $ 94,309 $ 98,989

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net consisted of the following (in thousands): September 30, December 31, Buildings and improvements $ 9,794,863 $ 9,758,846 Land and improvements 1,277,046 1,265,510 Furniture, fixtures and equipment 3,099,055 3,093,481 Airplanes 110,623 110,623 Construction in progress 194,912 136,390 14,476,499 14,364,850 Less: accumulated depreciation (5,617,342) (5,168,206) $ 8,859,157 $ 9,196,644

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table shows the movement in the Company's goodwill balance that occurred during the nine-month period (in thousands): Balance as of January 1, 2021 $ 144,094 Foreign currency translation (4,167) Balance as of September 30, 2021 $ 139,927

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt consisted of the following (in thousands): September 30, December 31, Macau Related: Wynn Macau Credit Facilities (1) : Wynn Macau Term Loan, due 2022 $ — $ 1,268,106 Wynn Macau Revolver, due 2022 — 407,443 WM Cayman II Revolver, due 2025 (2) 1,089,143 — WML 4 7/8% Senior Notes, due 2024 600,000 600,000 WML 5 1/2% Senior Notes, due 2026 1,000,000 1,000,000 WML 5 1/2% Senior Notes, due 2027 750,000 750,000 WML 5 5/8% Senior Notes, due 2028 1,350,000 1,350,000 WML 5 1/8% Senior Notes, due 2029 1,000,000 1,000,000 U.S. and Corporate Related: WRF Credit Facilities (3) : WRF Term Loan, due 2024 900,000 937,500 WRF Revolver, due 2024 — 716,000 WLV 4 1/4% Senior Notes, due 2023 500,000 500,000 WLV 5 1/2% Senior Notes, due 2025 1,780,000 1,780,000 WLV 5 1/4% Senior Notes, due 2027 880,000 880,000 WRF 7 3/4% Senior Notes, due 2025 600,000 600,000 WRF 5 1/8% Senior Notes, due 2029 750,000 750,000 Retail Term Loan, due 2025 (4) 615,000 615,000 11,814,143 13,154,049 Less: Unamortized debt issuance costs and original issue discounts and premium, net (70,358) (88,279) 11,743,785 13,065,770 Less: Current portion of long-term debt (50,000) (596,408) Total long-term debt, net of current portion $ 11,693,785 $ 12,469,362 (1) In September 2021, the Company prepaid the aggregate amount of $1.26 billion of borrowings outstanding under Wynn Macau Credit Facilities. (2) The borrowings under the WM Cayman II Revolver bear interest at LIBOR or HIBOR plus a margin of 1.875% to 2.875% per annum based on WM Cayman II’s leverage ratio on a consolidated basis. Approximately $226.5 million and $862.6 million of the WM Cayman II Revolver bears interest at a rate of LIBOR plus 2.625% per year and HIBOR plus 2.625% per year, respectively. As of September 30, 2021, the weighted average interest rate was approximately 2.69%. As of September 30, 2021, the available borrowing capacity under the WM Cayman II Revolver was $413.1 million. (3) The WRF Credit Facilities bear interest at a rate of LIBOR plus 1.75% per year. As of September 30, 2021, the weighted average interest rate was approximately 1.84%. Additionally, as of September 30, 2021, the available borrowing capacity under the WRF Revolver was $834.2 million, net of $15.8 million in outstanding letters of credit. (4) The Retail Term Loan bears interest at a rate of LIBOR plus 1.70% per year. As of September 30, 2021, the effective interest rate was 2.70%.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Carried at Fair Value	The following tables present assets and liabilities carried at fair value (in thousands): Fair Value Measurements Using: September 30, Quoted Other Unobservable Assets: Cash equivalents $ 420,856 $ — $ 420,856 — Restricted cash $ 7,397 $ 5,672 $ 1,725 — Liabilities: Interest rate collar $ 10,351 — $ 10,351 — Fair Value Measurements Using: December 31, Quoted Other Unobservable Assets: Cash equivalents $ 980,580 $ 504,980 $ 475,600 — Restricted cash $ 4,352 $ 2,054 $ 2,298 — Liabilities: Interest rate collar $ 16,908 — $ 16,908 —

Customer Contract Liabilities (

Customer Contract Liabilities (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue Recognition [Abstract]
Schedule of Customer Contract Liabilities	The Company's primary liabilities associated with customer contracts are as follows (in thousands): September 30, 2021 December 31, 2020 Increase / (decrease) September 30, 2020 December 31, 2019 Increase / (decrease) Casino outstanding chips and front money deposits (1) $ 380,442 $ 596,463 $ (216,021) $ 836,370 $ 769,053 $ 67,317 Advance room deposits and ticket sales (2) 62,993 29,224 33,769 28,885 49,834 (20,949) Other gaming-related liabilities (3) 21,217 7,882 13,335 6,212 13,970 (7,758) Loyalty program and related liabilities (4) 33,440 22,736 10,704 23,362 21,148 2,214 $ 498,092 $ 656,305 $ (158,213) $ 894,829 $ 854,005 $ 40,824 (1) Casino outstanding chips generally represent amounts owed to gaming promoters and customers for chips in their possession, and casino front money deposits represent funds deposited by customers before gaming play occurs. These amounts are included in customer deposits on the Condensed Consolidated Balance Sheets and may be recognized as revenue or redeemed for cash in the future. (2) Advance room deposits and ticket sales represent cash received in advance for goods or services to be provided in the future. These amounts are included in customer deposits on the Condensed Consolidated Balance Sheets and will be recognized as revenue when the goods or services are provided or the events are held. Decreases in this balance generally represent the recognition of revenue and increases in the balance represent additional deposits made by customers. The deposits are expected to primarily be recognized as revenue within one year. (3) Other gaming-related liabilities generally represent unpaid wagers primarily in the form of unredeemed slot, race and sportsbook tickets or wagers for future sporting events. The amounts are included in other accrued liabilities on the Condensed Consolidated Balance Sheets. (4) Loyalty program and related liabilities represent the deferral of revenue until the loyalty points or other complimentaries are redeemed. The amounts are included in other accrued liabilities on the Condensed Consolidated Balance Sheets and are expected to be recognized as revenue within one year of being earned by customers.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Share Based Compensation Allocated Costs	The total compensation cost for stock-based compensation plans was recorded as follows (in thousands): Three Months Ended Nine Months Ended 2021 2020 2021 2020 Casino (1) $ 3,423 $ 2,496 $ 11,000 $ 4,796 Rooms 351 403 1,260 1,098 Food and beverage 737 868 2,709 2,171 Entertainment, retail and other (2) 7,071 102 16,292 259 General and administrative (3) 13,998 6,184 43,772 32,177 Total stock-based compensation expense 25,580 10,053 75,033 40,501 Total stock-based compensation capitalized 2,242 659 4,271 1,362 Total stock-based compensation costs $ 27,822 $ 10,712 $ 79,304 $ 41,863 (1) For the nine months ended September 30, 2020, reflects the reversal of $3.3 million of compensation cost previously recognized for awards forfeited in connection with the departure of an employee. (2) For the nine months ended September 30, 2021, reflects compensation cost of $2.7 million recognized in connection with the vesting of restricted stock performance awards. (3) For the nine months ended September 30, 2020, reflects compensation cost of $4.4 million recognized in connection with the vesting of restricted stock performance awards.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of Shares used in Calculation of Earnings Per Share	Three Months Ended Nine Months Ended 2021 2020 2021 2020 Numerator: Net loss attributable to Wynn Resorts, Limited $ (166,249) $ (758,142) $ (578,596) $ (1,797,743) Denominator: Weighted average common shares outstanding 114,655 106,783 113,420 106,720 Potential dilutive effect of stock options, nonvested, and performance nonvested shares — — — — Weighted average common and common equivalent shares outstanding 114,655 106,783 113,420 106,720 Net loss attributable to Wynn Resorts, Limited per common share, basic $ (1.45) $ (7.10) $ (5.10) $ (16.85) Net loss attributable to Wynn Resorts, Limited per common share, diluted $ (1.45) $ (7.10) $ (5.10) $ (16.85) Anti-dilutive stock options, nonvested, and performance nonvested shares excluded from the calculation of diluted net income per share 954 1,104 954 1,104

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Schedule of Minimum and Contingent Operating Lease Income	The following table presents the minimum and contingent operating lease income for the periods presented (in thousands): Three Months Ended Nine Months Ended 2021 2020 2021 2020 Minimum rental income (1) $ 27,719 $ (2,430) $ 75,676 $ 57,293 Contingent rental income 19,349 15,280 75,464 23,798 Total rental income $ 47,068 $ 12,850 $ 151,140 $ 81,091 (1) For the three and nine months ended September 30, 2020, reflects the impact of rent concessions provided to tenants.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Summary of Operations by Segment	The following tables present the Company's segment information (in thousands): Three Months Ended Nine Months Ended 2021 2020 2021 2020 Operating revenues Macau Operations: Wynn Palace Casino $ 134,064 $ 12,301 $ 532,040 $ 208,449 Rooms 15,639 4,506 53,534 26,647 Food and beverage 10,952 6,856 36,429 24,385 Entertainment, retail and other (1) 20,668 (7,962) 67,017 24,451 181,323 15,701 689,020 283,932 Wynn Macau Casino 98,264 27,154 379,610 213,758 Rooms 10,896 4,938 39,025 23,480 Food and beverage 7,628 5,606 23,620 18,821 Entertainment, retail and other (1) 13,874 13,670 52,086 36,686 130,662 51,368 494,341 292,745 Total Macau Operations 311,985 67,069 1,183,361 576,677 Las Vegas Operations: Casino 112,575 65,694 305,253 161,354 Rooms 132,704 44,961 266,250 163,419 Food and beverage 180,455 55,043 333,390 177,114 Entertainment, retail and other (1) 50,269 20,999 104,892 73,520 Total Las Vegas Operations 476,003 186,697 1,009,785 575,407 Encore Boston Harbor: Casino 151,361 96,723 398,325 198,513 Rooms 14,578 6,739 28,963 17,694 Food and beverage 18,466 9,081 41,713 29,687 Entertainment, retail and other (1) 7,809 4,143 18,544 11,888 Total Encore Boston Harbor 192,214 116,686 487,545 257,782 Corporate and other: Entertainment, retail and other 14,442 — 40,748 — Total Corporate and other 14,442 — 40,748 — Total operating revenues $ 994,644 $ 370,452 $ 2,721,439 $ 1,409,866 Three Months Ended Nine Months Ended 2021 2020 2021 2020 Adjusted Property EBITDA (2) Macau Operations: Wynn Palace $ 12,112 $ (77,647) $ 93,036 $ (178,379) Wynn Macau (1,939) (34,457) 28,703 (97,895) Total Macau Operations 10,173 (112,104) 121,739 (276,274) Las Vegas Operations 183,416 20,258 344,719 (77,383) Encore Boston Harbor 64,565 25,986 141,844 (40,429) Corporate and other (103,593) — (187,961) — Total 154,561 (65,860) 420,341 (394,086) Other operating expenses Pre-opening 1,333 877 5,455 5,614 Depreciation and amortization 177,110 183,486 545,538 541,498 Property charges and other 15,301 9,905 26,569 43,701 Corporate expenses and other (3) 18,901 12,826 56,663 28,034 Stock-based compensation 25,580 10,053 75,033 40,501 Total other operating expenses 238,225 217,147 709,258 659,348 Operating loss (83,664) (283,007) (288,917) (1,053,434) Other non-operating income and expenses Interest income 507 2,033 2,131 13,969 Interest expense, net of amounts capitalized (150,325) (145,142) (453,601) (407,187) Change in derivatives fair value 1,176 4,675 6,557 (14,279) Loss on extinguishment of debt (738) (3,139) (2,060) (4,601) Other (11,784) 412 (17,324) 12,980 Total other non-operating income and expenses (161,164) (141,161) (464,297) (399,118) Loss before income taxes (244,828) (424,168) (753,214) (1,452,552) Provision for income taxes (1,155) (407,365) (2,345) (564,103) Net loss (245,983) (831,533) (755,559) (2,016,655) Net loss attributable to noncontrolling interests 79,734 73,391 176,963 218,912 Net loss attributable to Wynn Resorts, Limited $ (166,249) $ (758,142) $ (578,596) $ (1,797,743) (1) Includes lease revenue accounted for under lease accounting guidance. For more information on leases, see Note 14, "Leases". (2) "Adjusted Property EBITDA" is net loss before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other, management and license fees, corporate expenses and other (including intercompany golf course, meeting and convention, and water rights leases), stock-based compensation, change in derivatives fair value, loss on extinguishment of debt, and other non-operating income and expenses. Adjusted Property EBITDA is presented exclusively as a supplemental disclosure because management believes that it is widely used to measure the performance, and as a basis for valuation, of gaming companies. Management uses Adjusted Property EBITDA as a measure of the operating performance of its segments and to compare the operating performance of its properties with those of its competitors, as well as a basis for determining certain incentive compensation. We also present Adjusted Property EBITDA because it is used by some investors to measure a company's ability to incur and service debt, make capital expenditures and meet working capital requirements. Gaming companies have historically reported EBITDA as a supplement to GAAP. In order to view the operations of their casinos on a more stand-alone basis, gaming companies, including us, have historically excluded from their EBITDA calculations preopening expenses, property charges, corporate expenses and stock-based compensation, that do not relate to the management of specific casino properties. However, Adjusted Property EBITDA should not be considered as an alternative to operating income as an indicator of our performance, as an alternative to cash flows from operating activities as a measure of liquidity, or as an alternative to any other measure determined in accordance with GAAP. Unlike net income, Adjusted Property EBITDA does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. We have significant uses of cash flows, including capital expenditures, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDA. Also, our calculation of Adjusted Property EBITDA may be different from the calculation methods used by other companies and, therefore, comparability may be limited.
Summary of Assets by Segment	September 30, December 31, Assets Macau Operations: Wynn Palace $ 3,178,848 $ 3,393,790 Wynn Macau 905,443 1,202,709 Other Macau 1,240,994 2,026,098 Total Macau Operations 5,325,285 6,622,597 Las Vegas Operations 3,038,127 2,992,870 Encore Boston Harbor 2,236,837 2,300,016 Corporate and other 2,007,446 1,954,064 Total $ 12,607,695 $ 13,869,547

Organization - Additional Infor

Organization - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Organization and Basis of Presentation [Line Items]
Cash and cash equivalents	$ 2,475,757	$ 3,482,032
Long-term debt, gross	11,814,143	13,154,049
Senior Notes | Wynn Macau
Organization and Basis of Presentation [Line Items]
Long-term debt, gross	4,700,000
WRF Revolver, due 2024 | Senior Secured Revolving Credit Facility | WRF
Organization and Basis of Presentation [Line Items]
Available borrowing capacity	834,200
Long-term debt, gross	0	716,000
WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility | WM Cayman Holdings Limited II
Organization and Basis of Presentation [Line Items]
Available borrowing capacity	413,100
Long-term debt, gross	$ 1,089,143	$ 0
Wynn Palace and Wynn Macau
Organization and Basis of Presentation [Line Items]
Percentage of ownership	72.00%
Wynn Las Vegas
Organization and Basis of Presentation [Line Items]
Percentage of ownership	100.00%
Available gaming area capacity (percent)	100.00%
Retail Joint Venture
Organization and Basis of Presentation [Line Items]
Percentage of ownership	50.10%
Encore Boston Harbor
Organization and Basis of Presentation [Line Items]
Percentage of ownership	100.00%
Wynn Interactive
Organization and Basis of Presentation [Line Items]
Percentage of ownership	74.00%
Equity interest retained (percent)	58.00%
Voting interest retained (percent)	72.00%

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Accounting Policies [Abstract]
Gaming tax expenses	$ 188.7	$ 66.1	$ 637.9	$ 332.5

Cash, Cash Equivalents and Re_3

Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2019
Cash and Cash Equivalents [Abstract]
Cash	$ 2,054,901	$ 2,501,452
Cash equivalents	420,856	980,580
Total cash and cash equivalents	2,475,757	3,482,032
Restricted cash	7,397	4,352
Total cash, cash equivalents and restricted cash	$ 2,483,154	$ 3,486,384	$ 3,559,744	$ 2,358,292

Receivables, net (Details)

Receivables, net (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross	$ 316,242	$ 300,487
Less: allowance for credit losses	(94,309)	(100,329)
Receivables, net	$ 221,933	$ 200,158
Geographic Concentration Risk | Receivables | Outside the United States, primarily Asia
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of markers due from customers	72.80%	77.30%
Casino
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross	$ 217,788	$ 207,823
Allowance for credit losses, percent of gross casino receivables	42.20%	47.20%
Hotel
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross	$ 23,593	$ 7,075
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross	$ 74,861	$ 85,589

Receivables, net - Schedule of

Receivables, net - Schedule of Movement in Allowance for Credit Losses Recognized for Receivables (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at beginning of year			$ 100,329	$ 39,317
Provision for credit losses	$ (347)	$ 11,588	7,461	60,548
Write-offs			(14,022)	(1,233)
Recoveries of receivables previously written off			736	228
Effect of exchange rate			(195)	129
Balance at end of period	$ 94,309	$ 98,989	$ 94,309	$ 98,989

Property and Equipment, net - S

Property and Equipment, net - Schedule of Property and Equipment, Net (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Buildings and improvements	$ 9,794,863		$ 9,794,863		$ 9,758,846
Land and improvements	1,277,046		1,277,046		1,265,510
Furniture, fixtures and equipment	3,099,055		3,099,055		3,093,481
Airplanes	110,623		110,623		110,623
Construction in progress	194,912		194,912		136,390
Property and equipment, gross	14,476,499		14,476,499		14,364,850
Less: accumulated depreciation	(5,617,342)		(5,617,342)		(5,168,206)
Property and equipment, net	8,859,157		8,859,157		$ 9,196,644
Depreciation expense	$ 169,700	$ 177,300	$ 523,600	$ 522,400

Goodwill (Details)

Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2021USD ($)
Goodwill [Roll Forward]
Balance as of January 1, 2021	$ 144,094
Foreign currency translation	(4,167)
Balance as of September 30, 2021	$ 139,927

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Long-term debt, gross	$ 11,814,143	$ 13,154,049
Less: Unamortized debt issuance costs and original issue discounts and premium, net	(70,358)	(88,279)
Long-term debt total	11,743,785	13,065,770
Less: Current portion of long-term debt	(50,000)	(596,408)
Total long-term debt, net of current portion	11,693,785	12,469,362
Wynn Macau | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	4,700,000
Wynn Macau | Wynn Macau Term Loan, due 2022 | Senior Secured Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	0	1,268,106
Wynn Macau | Wynn Macau Revolver, due 2022 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	0	407,443
WML | WML 4 7/8% Senior Notes, due 2024 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 600,000	600,000
Stated interest rate	4.875%
WML | WML 5 1/2% Senior Notes, due 2026 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,000,000	1,000,000
Stated interest rate	0.055%
WML | WML 5 1/2% Senior Notes, due 2027 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 750,000	750,000
Stated interest rate	5.50%
WML | WML 5 5/8% Senior Notes, due 2028 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,350,000	1,350,000
Stated interest rate	5.625%
WML | WML 5 1/8% Senior Notes, due 2029 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,000,000	1,000,000
Stated interest rate	5.125%
WRF | WRF Term Loan, due 2024 | Senior Secured Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	$ 900,000	937,500
WRF | WRF Revolver, due 2024 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	0	716,000
WRF | WRF 7 3/4% Senior Notes, due 2025 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 600,000	600,000
Stated interest rate	7.75%
WRF | WRF 5 1/8% Senior Notes, due 2029 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 750,000	750,000
Stated interest rate	5.125%
WLV | WLV 4 1/4% Senior Notes, due 2023 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 500,000	500,000
Stated interest rate	4.25%
WLV | WLV 5 1/2% Senior Notes, due 2025 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,780,000	1,780,000
Stated interest rate	5.50%
WLV | WLV 5 1/4% Senior Notes, due 2027 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 880,000	880,000
Stated interest rate	5.125%
Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Retail Term Loan, due 2025 | Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	$ 615,000	615,000
WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,089,143	$ 0

Long-Term Debt - Summary of L_2

Long-Term Debt - Summary of Long-Term Debt - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Debt Instrument [Line Items]
Repayments of credit facilities		$ 2,477,690	$ 1,540,609
Long-term debt, gross	$ 11,814,143	11,814,143		$ 13,154,049
Wynn Macau | Wynn Macau Credit Facilities | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Repayments of credit facilities	1,260,000
Wynn Macau | Senior Term Loan Facility, due 2022 | Senior Secured Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	0	0		1,268,106
Wynn Macau | Senior Revolving Credit Facility, due 2022 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	0	0		407,443
WRF | WRF Revolver, due 2024 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	0	0		716,000
Available borrowing capacity	834,200	834,200
Outstanding letters of credit	15,800	15,800
Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Retail Term Loan, due 2025 | Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	615,000	615,000		615,000
WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,089,143	$ 1,089,143		$ 0
Weighted average interest rate (percent)	2.69%	2.69%
Available borrowing capacity	$ 413,100	$ 413,100
LIBOR | WRF | WRF Credit Facilities
Debt Instrument [Line Items]
Interest in addition to variable rate		1.75%
Weighted average interest rate (percent)	1.84%	1.84%
LIBOR | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Retail Term Loan, due 2025 | Term Loan
Debt Instrument [Line Items]
Interest in addition to variable rate		1.70%
Interest rate during period		2.70%
LIBOR | WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Interest in addition to variable rate		2.625%
Long-term debt, gross	$ 226,500	$ 226,500
HIBOR | WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Interest in addition to variable rate		2.625%
Long-term debt, gross	$ 862,600	$ 862,600
HIBOR or LIBOR | WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Interest in addition to variable rate		1.875%
HIBOR or LIBOR | WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Interest in addition to variable rate		2.875%

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 16, 2021USD ($)	Sep. 16, 2021HKD ($)	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
Cash	$ 2,054,901,000	$ 2,054,901,000		$ 2,054,901,000				$ 2,501,452,000
Repayments of credit facilities				2,477,690,000	$ 1,540,609,000
Payment of fees and expenses related to repayment of credit facilities				29,975,000	20,350,000
Loss on extinguishment of debt		738,000	$ 3,139,000	2,060,000	$ 4,601,000
Fair value, excluding the redemption note	11,680,000,000	11,680,000,000		11,680,000,000				13,350,000,000
Long-term debt excluding the Redemption Note	11,810,000,000	11,810,000,000		11,810,000,000				$ 13,150,000,000
WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity						$ 1,500,000,000
Revolving credit facility, additional borrowing capacity						1,000,000,000
Proceeds from revolving credit facility	1,090,000,000
Debt issuance costs	28,500,000	28,500,000		28,500,000
WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025, Tranche 1 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity						312,500,000
WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025, Tranche 2 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity						$ 1,190,000,000	$ 9,260
WML
Debt Instrument [Line Items]
Cash	200,000,000	$ 200,000,000		$ 200,000,000
Wynn Macau | Wynn Macau Credit Facilities | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Repayments of credit facilities	1,260,000,000
Payment of fees and expenses related to repayment of credit facilities	29,100,000
Loss on extinguishment of debt	$ 700,000

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit) (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 11, 2021	May 31, 2021	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Subsidiary, Sale of Stock [Line Items]
Common stock, par value (usd per share)			$ 0.01				$ 0.01		$ 0.01
Underwriter discounts, commissions, and other expenses							$ 17,700
Dividends and Noncontrolling Interest [Line Items]
Cash dividend paid (usd per share)						$ 1
Proceeds from issuance of subsidiary common stock							4,662	$ 0
Cash dividends					$ (300)			106,977
Distribution to noncontrolling interest			$ (5,364)		(998)		(11,843)	(1,996)
WRF Revolver, due 2024 | Senior Secured Revolving Credit Facility | WRF
Subsidiary, Sale of Stock [Line Items]
Repayment on credit facility	$ 716,000
Subsidiaries | WML
Dividends and Noncontrolling Interest [Line Items]
Cash dividends				$ 0			0
Public Stock Offering
Subsidiary, Sale of Stock [Line Items]
Newly issued shares of common stock in registered public offering (shares)	7,475,000
Common stock, par value (usd per share)	$ 0.01
Price per share (usd per share)	$ 115
Proceeds	$ 841,900
Underwriter discounts, commissions, and other expenses	$ 17,700
Retained earnings (Accumulated deficit)
Dividends and Noncontrolling Interest [Line Items]
Cash dividends declared, recorded as reduction of retained earnings						$ 107,500
Cash dividends					(285)			107,022
Noncontrolling interests
Dividends and Noncontrolling Interest [Line Items]
Cash dividends					(15)			(45)
Distribution to noncontrolling interest			$ (5,364)		$ (998)		$ (11,843)	$ (1,996)
Noncontrolling interests | Subsidiaries | Common Class A
Dividends and Noncontrolling Interest [Line Items]
Shares issued to noncontrolling interest (shares)		3,229
Proceeds from issuance of subsidiary common stock		$ 4,700

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Assets:
Cash equivalents	$ 420,856	$ 980,580
Fair Value, Measurements, Recurring
Assets:
Cash equivalents	420,856	980,580
Restricted cash	7,397	4,352
Liabilities:
Interest rate collar	10,351	16,908
Fair Value, Measurements, Recurring | Quoted Market Prices in Active Markets (Level 1)
Assets:
Cash equivalents	0	504,980
Restricted cash	5,672	2,054
Liabilities:
Interest rate collar	0	0
Fair Value, Measurements, Recurring | Other Observable Inputs (Level 2)
Assets:
Cash equivalents	420,856	475,600
Restricted cash	1,725	2,298
Liabilities:
Interest rate collar	10,351	16,908
Fair Value, Measurements, Recurring | Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0	0
Restricted cash	0	0
Liabilities:
Interest rate collar	$ 0	$ 0

Customer Contract Liabilities S

Customer Contract Liabilities Schedule of Customer Contract Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Revenue Recognition [Abstract]
Casino outstanding chips and front money deposits	$ 380,442	$ 836,370	$ 596,463	$ 769,053
Change in outstanding chips and front money deposits	(216,021)	67,317
Advanced room deposits and ticket sales	62,993	28,885	29,224	49,834
Change in advanced room deposits and ticket sales	33,769	(20,949)
Other gaming related liabilities	21,217	6,212	7,882	13,970
Change in other gaming related liabilities	13,335	(7,758)
Loyalty program liabilities	33,440	23,362	22,736	21,148
Change in loyalty program liabilities	10,704	2,214
Total customer contract liabilities	498,092	894,829	$ 656,305	$ 854,005
Change in total customer contract liabilities	$ (158,213)	$ 40,824

Stock-Based Compensation - Shar

Stock-Based Compensation - Share Based Compensation Allocated Costs (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 25,580	$ 10,053	$ 75,033	$ 40,501
Total stock-based compensation capitalized	2,242	659	4,271	1,362
Total stock-based compensation costs	27,822	10,712	79,304	41,863
Reversal of compensation cost previously recognized for awards forfeited in connection with departure of employee				3,300
Casino
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	3,423	2,496	11,000	4,796
Rooms
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	351	403	1,260	1,098
Food and beverage
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	737	868	2,709	2,171
Entertainment, retail and other (2)
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	7,071	102	16,292	259
Entertainment, retail and other (2) | Restricted Stock Performance Awards
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	2,700	4,400		4,400
General and administrative
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 13,998	$ 6,184	$ 43,772	$ 32,177

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) $ in Thousands, MOP$ in Millions	1 Months Ended			3 Months Ended			6 Months Ended		9 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2021MOP (MOP$)	Apr. 30, 2020	Sep. 30, 2021USD ($)	Sep. 30, 2021MOP (MOP$)	Sep. 30, 2020USD ($)	Jun. 26, 2022USD ($)	Jun. 26, 2022MOP (MOP$)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Income Tax Disclosure [Abstract]
Income tax expense (benefit)				$ (1,155)		$ (407,365)			$ (2,345)	$ (564,103)
Required annual payment, complimentary tax otherwise due by stockholders of Wynn Macau S.A.				$ 1,600	MOP$ 12.8
Income Taxes [Line Items]
Payment for dividend tax agreement	$ 1,600	MOP$ 12.8
Complementary tax rate			12.00%
Forecast
Income Taxes [Line Items]
Payment for dividend tax agreement							$ 800	MOP$ 6.3

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Shares used in Calculation of Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Numerator:
Net loss attributable to Wynn Resorts, Limited	$ (166,249)	$ (758,142)	$ (578,596)	$ (1,797,743)
Denominator:
Weighted average common shares outstanding (shares)	114,655	106,783	113,420	106,720
Potential dilutive effect of stock options and restricted stock (shares)	0	0	0	0
Weighted average common and common equivalent shares outstanding (shares)	114,655	106,783	113,420	106,720
Net income (loss) attributable to Wynn Resorts, Limited per common share, basic (in usd per share)	$ (1.45)	$ (7.10)	$ (5.10)	$ (16.85)
Net income attributable to Wynn Resorts, Ltd. per common share, diluted (in usd per share)	$ (1.45)	$ (7.10)	$ (5.10)	$ (16.85)
Antidilutive securities excluded from computation of earnings per share (shares)	954	1,104	954	1,104

Leases - Minimum and Contingent

Leases - Minimum and Contingent Operating Lease Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Minimum rental income (1)	$ 27,719	$ (2,430)	$ 75,676	$ 57,293
Contingent rental income	19,349	15,280	75,464	23,798
Total rental income	$ 47,068	$ 12,850	$ 151,140	$ 81,091

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020
Derivative Litigation | Positive Outcome of Litigation
Commitments and Contingencies [Line Items]
Net proceeds received from settlement agreement becoming effective and final	$ 30.2	$ 30.2

Retail Joint Venture - Addition

Retail Joint Venture - Additional information (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Schedule of Variable Interest Entities [Line Items]
Assets	$ 12,607,695	$ 13,869,547
Liabilities	13,200,284	14,606,864
Long-term debt	11,743,785	13,065,770
Retail Joint Venture | Retail
Schedule of Variable Interest Entities [Line Items]
Assets	98,200	96,300
Liabilities	626,600	633,500
Long-term debt	$ 612,800	$ 612,300

Segment Information - Summary o

Segment Information - Summary of Results of Operations by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting Information [Line Items]
Total operating revenues	$ 994,644	$ 370,452	$ 2,721,439	$ 1,409,866
Adjusted Property EBITDA	154,561	(65,860)	420,341	(394,086)
Other operating expenses
Pre-opening	1,333	877	5,455	5,614
Depreciation and amortization	177,110	183,486	545,538	541,498
Property charges and other	15,301	9,905	26,569	43,701
Corporate expenses and other	18,901	12,826	56,663	28,034
Stock-based compensation	25,580	10,053	75,033	40,501
Total other operating expenses	238,225	217,147	709,258	659,348
Operating loss	(83,664)	(283,007)	(288,917)	(1,053,434)
Other non-operating income and expenses
Interest income	507	2,033	2,131	13,969
Interest expense, net of amounts capitalized	(150,325)	(145,142)	(453,601)	(407,187)
Change in derivatives fair value	1,176	4,675	6,557	(14,279)
Loss on extinguishment of debt	(738)	(3,139)	(2,060)	(4,601)
Other	(11,784)	412	(17,324)	12,980
Total other non-operating income and expenses	(161,164)	(141,161)	(464,297)	(399,118)
Loss before income taxes	(244,828)	(424,168)	(753,214)	(1,452,552)
Provision for income taxes	(1,155)	(407,365)	(2,345)	(564,103)
Net loss	(245,983)	(831,533)	(755,559)	(2,016,655)
Net loss attributable to noncontrolling interests	79,734	73,391	176,963	218,912
Net loss attributable to Wynn Resorts, Limited	(166,249)	(758,142)	(578,596)	(1,797,743)
Derivative Litigation | Positive Outcome of Litigation | General and Administrative Expense
Other non-operating income and expenses
Net gain related to derivative litigation settlement		30,200		30,200
Operating Segments | Macau Operations
Segment Reporting Information [Line Items]
Total operating revenues	311,985	67,069	1,183,361	576,677
Adjusted Property EBITDA	10,173	(112,104)	121,739	(276,274)
Operating Segments | Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues	181,323	15,701	689,020	283,932
Adjusted Property EBITDA	12,112	(77,647)	93,036	(178,379)
Operating Segments | Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues	130,662	51,368	494,341	292,745
Adjusted Property EBITDA	(1,939)	(34,457)	28,703	(97,895)
Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues	476,003	186,697	1,009,785	575,407
Adjusted Property EBITDA	183,416	20,258	344,719	(77,383)
Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues	192,214	116,686	487,545	257,782
Adjusted Property EBITDA	64,565	25,986	141,844	(40,429)
Corporate and other
Segment Reporting Information [Line Items]
Total operating revenues	14,442	0	40,748	0
Adjusted Property EBITDA	(103,593)	0	(187,961)	0
Casino
Segment Reporting Information [Line Items]
Total operating revenues	496,264	201,872	1,615,228	782,074
Casino | Operating Segments | Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues	134,064	12,301	532,040	208,449
Casino | Operating Segments | Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues	98,264	27,154	379,610	213,758
Casino | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues	112,575	65,694	305,253	161,354
Casino | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues	151,361	96,723	398,325	198,513
Rooms
Segment Reporting Information [Line Items]
Total operating revenues	173,817	61,144	387,772	231,240
Rooms | Operating Segments | Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues	15,639	4,506	53,534	26,647
Rooms | Operating Segments | Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues	10,896	4,938	39,025	23,480
Rooms | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues	132,704	44,961	266,250	163,419
Rooms | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues	14,578	6,739	28,963	17,694
Food and beverage
Segment Reporting Information [Line Items]
Total operating revenues	217,501	76,586	435,152	250,007
Food and beverage | Operating Segments | Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues	10,952	6,856	36,429	24,385
Food and beverage | Operating Segments | Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues	7,628	5,606	23,620	18,821
Food and beverage | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues	180,455	55,043	333,390	177,114
Food and beverage | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues	18,466	9,081	41,713	29,687
Entertainment, retail and other
Segment Reporting Information [Line Items]
Total operating revenues	107,062	30,850	283,287	146,545
Entertainment, retail and other | Operating Segments | Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues	20,668	(7,962)	67,017	24,451
Entertainment, retail and other | Operating Segments | Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues	13,874	13,670	52,086	36,686
Entertainment, retail and other | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues	50,269	20,999	104,892	73,520
Entertainment, retail and other | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues	7,809	4,143	18,544	11,888
Entertainment, retail and other | Corporate and other
Segment Reporting Information [Line Items]
Total operating revenues	$ 14,442	$ 0	$ 40,748	$ 0

Segment Information - Summary_2

Segment Information - Summary of Assets by Segment (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Assets	$ 12,607,695	$ 13,869,547
Corporate and other
Segment Reporting Information [Line Items]
Assets	2,007,446	1,954,064
Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Assets	3,038,127	2,992,870
Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Assets	2,236,837	2,300,016
Operating Segments | Macau
Segment Reporting Information [Line Items]
Assets	5,325,285	6,622,597
Operating Segments | Macau | Wynn Palace
Segment Reporting Information [Line Items]
Assets	3,178,848	3,393,790
Operating Segments | Macau | Wynn Macau
Segment Reporting Information [Line Items]
Assets	905,443	1,202,709
Operating Segments | Macau | Other Macau
Segment Reporting Information [Line Items]
Assets	$ 1,240,994	$ 2,026,098