Wynn Resorts, Limited (WYNN) 10-Q 4 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Oct. 29, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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		109,814,972
Entity Central Index Key	0001174922
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 2,407,289	$ 2,879,186
Restricted cash	1,205,930	18
Investments	0	845,192
Accounts receivable, net of allowance for credit losses of $39,186 and $40,075, respectively	388,858	341,712
Inventories	75,479	75,552
Prepaid expenses and other	113,117	99,961
Total current assets	4,190,673	4,241,621
Property and equipment, net	6,517,830	6,688,479
Restricted cash	95,494	90,208
Goodwill and intangible assets, net	280,386	329,708
Operating lease assets	1,803,441	1,832,896
Deferred income taxes, net	463,098	500,877
Other assets	760,477	312,434
Total assets	14,111,399	13,996,223
Current liabilities:
Accounts and construction payables	212,989	208,263
Customer deposits	538,136	543,288
Gaming taxes payable	157,134	172,832
Accrued compensation and benefits	185,210	212,645
Accrued interest	124,325	141,902
Current portion of long-term debt	1,239,054	709,593
Other accrued liabilities	286,457	211,931
Total current liabilities	2,743,305	2,200,454
Long-term debt	10,547,508	11,028,744
Long-term operating lease liabilities	1,620,415	1,631,749
Other long-term liabilities	265,649	236,210
Total liabilities	15,176,877	15,097,157
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; 133,532,047 and 132,998,916 shares issued; 109,922,076 and 111,737,245 shares outstanding, respectively	1,335	1,330
Treasury stock, at cost; 23,609,971 and 21,261,671 shares, respectively	(2,037,046)	(1,836,326)
Additional paid-in capital	3,685,242	3,647,161
Accumulated other comprehensive income (loss)	(4,409)	3,406
Accumulated deficit	(1,926,524)	(2,066,953)
Total Wynn Resorts, Limited stockholders' deficit	(281,402)	(251,382)
Noncontrolling interests	(784,076)	(849,552)
Total stockholders' deficit	(1,065,478)	(1,100,934)
Total liabilities and stockholders' deficit	$ 14,111,399	$ 13,996,223

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Accounts receivable, allowance for credit losses	$ 39,186	$ 40,075
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	40,000,000	40,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	400,000,000	400,000,000
Common stock, issued (in shares)	133,532,047	132,998,916
Common stock, outstanding (in shares)	109,922,076	111,737,245
Treasury stock (in shares)	23,609,971	21,261,671

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Operating revenues:
Total operating revenues	$ 1,693,323	$ 1,671,936	$ 5,289,164	$ 4,691,437
Operating expenses:
General and administrative	271,829	268,445	808,172	785,538
Provision for credit losses	1,836	870	4,352	(6,314)
Pre-opening	2,457	867	6,050	6,822
Depreciation and amortization	156,273	171,969	507,611	510,743
Impairment of goodwill and intangible assets	0	93,990	0	94,490
Property charges and other	150,475	114,288	206,238	132,265
Total operating expenses	1,560,086	1,609,341	4,523,328	4,208,991
Operating income	133,237	62,595	765,836	482,446
Other income (expense):
Interest income	30,729	46,534	105,785	130,854
Interest expense, net of amounts capitalized	(167,922)	(188,571)	(524,922)	(566,554)
Change in derivatives fair value	(5,523)	(50,637)	(7,920)	(3,255)
(Loss) gain on debt financing transactions	(109)	2,928	(1,670)	(12,683)
Other	21,300	3,861	25,323	(19,794)
Other income (expense), net	(121,525)	(185,885)	(403,404)	(471,432)
Income before income taxes	11,712	(123,290)	362,432	11,014
(Provision) benefit for income taxes	(17,127)	2,749	(45,076)	(2,574)
Net income (loss)	(5,415)	(120,541)	317,356	8,440
Less: net (income) loss attributable to noncontrolling interests	(26,638)	3,863	(93,250)	(7,602)
Net income (loss) attributable to Wynn Resorts, Limited	$ (32,053)	$ (116,678)	$ 224,106	$ 838
Net income (loss) attributable to Wynn Resorts, Limited:
Basic (in usd per share)	$ (0.29)	$ (1.03)	$ 2.03	$ 0.01
Diluted (in usd per share)	$ (0.29)	$ (1.03)	$ 2.02	$ 0.01
Weighted average common shares outstanding:
Basic (in shares)	109,727	112,797	110,559	112,813
Diluted (in shares)	109,727	112,797	110,810	113,132
Casino
Operating revenues:
Total operating revenues	$ 1,018,754	$ 972,453	$ 3,149,166	$ 2,652,444
Operating expenses:
Cost of goods and services sold	617,469	577,733	1,907,426	1,594,761
Rooms
Operating revenues:
Total operating revenues	284,765	289,338	916,700	838,372
Operating expenses:
Cost of goods and services sold	83,376	77,790	245,991	224,275
Food and beverage
Operating revenues:
Total operating revenues	262,597	267,432	810,939	757,079
Operating expenses:
Cost of goods and services sold	220,187	220,835	647,351	605,376
Entertainment, retail and other
Operating revenues:
Total operating revenues	127,207	142,713	412,359	443,542
Operating expenses:
Cost of goods and services sold	$ 56,184	$ 82,554	$ 190,137	$ 261,035

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (5,415)	$ (120,541)	$ 317,356	$ 8,440
Other comprehensive income (loss):
Foreign currency translation adjustments, before and after tax	(9,314)	(2,319)	(10,968)	9,249
Total comprehensive income (loss)	(14,729)	(122,860)	306,388	17,689
Less: comprehensive income (loss) attributable to noncontrolling interests	(23,946)	4,484	(90,097)	(10,229)
Comprehensive income (loss) attributable to Wynn Resorts, Limited	$ (38,675)	$ (118,376)	$ 216,291	$ 7,460

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Deficit (unaudited) - USD ($) $ in Thousands	Total	Total Wynn Resorts, Ltd. stockholders' deficit	Common stock	Treasury stock	Additional paid-in capital	Accumulated other comprehensive income (loss)	Accumulated deficit	Noncontrolling interests
Beginning balance (in shares) at Dec. 31, 2022			113,369,439
Beginning balance at Dec. 31, 2022	$ (1,640,365)	$ (750,838)	$ 1,323	$ (1,623,872)	$ 3,583,923	$ (404)	$ (2,711,808)	$ (889,527)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	8,440	838					838	7,602
Currency translation adjustment	9,249	6,622				6,622		2,627
Exercise of stock options (in shares)			32,284
Exercise of stock options	1,965	1,965			1,965
Issuance of restricted stock (in shares)			708,428
Issuance of restricted stock	6,638	6,638	$ 7		6,631
Cancellation of restricted stock (in shares)			(16,991)
Shares repurchased by the Company and held as treasury shares (in shares)			(742,126)
Shares repurchased by the Company and held as treasury shares	(71,019)	(71,019)		(71,019)
Cash dividends declared	(56,968)	(56,968)					(56,968)
Distribution to noncontrolling interest	(15,929)	(2,994)			(2,994)			(12,935)
Transactions with subsidiary minority shareholders (in shares)			6,181
Transactions with subsidiary minority shareholders	0	(754)			(754)			754
Stock-based compensation	48,940	44,746			44,746			4,194
Ending balance (in shares) at Sep. 30, 2023			113,357,215
Ending balance at Sep. 30, 2023	(1,709,049)	(821,764)	$ 1,330	(1,694,891)	3,633,517	6,218	(2,767,938)	(887,285)
Beginning balance (in shares) at Jun. 30, 2023			113,942,935
Beginning balance at Jun. 30, 2023	(1,507,164)	(630,253)	$ 1,329	(1,635,966)	3,619,241	7,916	(2,622,773)	(876,911)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(120,541)	(116,678)					(116,678)	(3,863)
Currency translation adjustment	(2,319)	(1,698)				(1,698)		(621)
Issuance of restricted stock (in shares)			40,099
Issuance of restricted stock	0	0	$ 1		(1)
Cancellation of restricted stock (in shares)			(2,402)
Shares repurchased by the Company and held as treasury shares (in shares)			(623,417)
Shares repurchased by the Company and held as treasury shares	(58,925)	(58,925)		(58,925)
Cash dividends declared	(28,487)	(28,487)					(28,487)
Distribution to noncontrolling interest	(6,984)	0			0			(6,984)
Stock-based compensation	15,371	14,277			14,277			1,094
Ending balance (in shares) at Sep. 30, 2023			113,357,215
Ending balance at Sep. 30, 2023	(1,709,049)	(821,764)	$ 1,330	(1,694,891)	3,633,517	6,218	(2,767,938)	(887,285)
Beginning balance (in shares) at Dec. 31, 2023			111,737,245
Beginning balance at Dec. 31, 2023	(1,100,934)	(251,382)	$ 1,330	(1,836,326)	3,647,161	3,406	(2,066,953)	(849,552)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	317,356	224,106					224,106	93,250
Currency translation adjustment	(10,968)	(7,815)				(7,815)		(3,153)
Exercise of stock options (in shares)			17,285
Exercise of stock options	1,017	1,017			1,017
Issuance of restricted stock (in shares)			544,858
Issuance of restricted stock	8,015	8,015	$ 5		8,010
Cancellation of restricted stock (in shares)			(29,012)
Shares repurchased by the Company and held as treasury shares (in shares)			(2,348,300)
Shares repurchased by the Company and held as treasury shares	(200,720)	(200,720)		(200,720)
Cash dividends declared	(112,458)	(83,677)					(83,677)	(28,781)
Distribution to noncontrolling interest	(10,601)							(10,601)
Transactions with subsidiary minority shareholders	0	(11,508)			(11,508)			11,508
Stock-based compensation	43,815	40,562			40,562			3,253
Ending balance (in shares) at Sep. 30, 2024			109,922,076
Ending balance at Sep. 30, 2024	(1,065,478)	(281,402)	$ 1,335	(2,037,046)	3,685,242	(4,409)	(1,926,524)	(784,076)
Beginning balance (in shares) at Jun. 30, 2024			111,375,062
Beginning balance at Jun. 30, 2024	(901,962)	(109,824)	$ 1,335	(1,918,595)	3,672,049	2,213	(1,866,826)	(792,138)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(5,415)	(32,053)					(32,053)	26,638
Currency translation adjustment	(9,314)	(6,622)				(6,622)		(2,692)
Issuance of restricted stock (in shares)			39,880
Cancellation of restricted stock (in shares)			(19,042)
Shares repurchased by the Company and held as treasury shares (in shares)			(1,473,824)
Shares repurchased by the Company and held as treasury shares	(118,451)	(118,451)		(118,451)
Cash dividends declared	(42,050)	(27,645)					(27,645)	(14,405)
Distribution to noncontrolling interest	(1,960)							(1,960)
Transactions with subsidiary minority shareholders	0	439			439			(439)
Stock-based compensation	13,674	12,754			12,754			920
Ending balance (in shares) at Sep. 30, 2024			109,922,076
Ending balance at Sep. 30, 2024	$ (1,065,478)	$ (281,402)	$ 1,335	$ (2,037,046)	$ 3,685,242	$ (4,409)	$ (1,926,524)	$ (784,076)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net income (loss)	$ 317,356	$ 8,440
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	507,611	510,743
Deferred income taxes	37,780	(198)
Stock-based compensation expense	44,206	49,139
Amortization of debt issuance costs	30,138	29,251
Loss on debt financing transactions	1,670	12,683
Provision for credit losses	4,352	(6,314)
Change in derivatives fair value	7,920	3,255
Impairment of goodwill and intangible assets	0	94,490
Property charges and other	110,398	146,298
Increase (decrease) in cash from changes in:
Receivables, net	408	(29,513)
Inventories, prepaid expenses and other	1,968	(34,118)
Customer deposits	(7,301)	12,265
Accounts payable and accrued expenses	(109,331)	10,129
Net cash provided by operating activities	947,175	806,550
Cash flows from investing activities:
Capital expenditures, net of construction payables and retention	(292,690)	(329,428)
Investment in unconsolidated affiliates	(454,980)	(52,270)
Purchase of investments	0	(786,519)
Proceeds from maturity of investments	850,000	0
Purchase of intangible and other assets	(2,615)	(10,651)
Proceeds from sale of assets and other	26,797	490
Net cash provided by (used in) investing activities	126,512	(1,178,378)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	1,283,794	1,200,000
Repayments of long-term debt	(1,251,210)	(1,522,812)
Repurchase of common stock	(198,249)	(71,019)
Proceeds from exercise of stock options	1,017	1,965
Distribution to noncontrolling interest	(10,601)	(15,929)
Dividends paid	(112,045)	(56,720)
Finance lease payments	(14,498)	(14,407)
Payments for financing costs	(31,459)	(41,160)
Other	(4,486)	(7,773)
Net cash used in financing activities	(337,737)	(527,855)
Effect of exchange rate on cash, cash equivalents and restricted cash	3,351	(3,721)
Cash, cash equivalents and restricted cash:
Increase (decrease) in cash, cash equivalents and restricted cash	739,301	(903,404)
Balance, beginning of period	2,969,412	3,782,990
Balance, end of period	$ 3,708,713	$ 2,879,586

Organization

Organization	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
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. 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. In Everett, Massachusetts, the Company operates Encore Boston Harbor, an integrated resort.

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and 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. 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, 2024 are not necessarily indicative of results to be expected for any other interim period or the full fiscal year ending December 31, 2024. 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, 2023. 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." If the entity does not qualify for consolidation and the Company has significant influence over the operating and financial decisions of the entity, the Company accounts for the entity under the equity method. All significant intercompany accounts and transactions have been eliminated. Certain amounts in the condensed consolidated financial statements for the three and nine months ended September 30, 2023 have been reclassified to be consistent with the current period presentation. These reclassifications had no effect on previously reported net income or operating income. Use of Estimates The preparation of condensed 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 deferred tax assets and credit losses, estimates regarding the useful lives and recoverability of long-lived and intangible assets, valuations of derivatives, 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 $437.2 million and $415.0 million for the three months ended September 30, 2024 and 2023, respectively, and $1.36 billion and $1.12 billion for the nine months ended September 30, 2024 and 2023, respectively. Investments The Company received proceeds of $300.0 million upon the maturity of its investments in debt securities and $550.0 million upon the maturity of its investments in fixed deposits during the nine months ended September 30, 2024. The Company held no short-term investments as of September 30, 2024. As of December 31, 2023, the Company held $550.0 million in fixed deposits, recorded at fair value, and $295.2 million in debt securities, recorded at amortized cost within Investments on the Condensed Consolidated Balance Sheets. The estimated fair value of the Company's debt securities as of December 31, 2023 was approximately $294.8 million and the gross unrecognized holding loss was $0.4 million. As of December 31, 2023, the Company had $8.7 million in accrued interest on its debt securities, recorded in Investments As of the balance sheet date, the Company evaluates whether the unrealized losses are attributable to credit losses or other factors. The Company considers the severity of the decline in value, creditworthiness of the issuer and other relevant factors and records an allowance for credit losses, limited to the excess of amortized cost over fair value, with a corresponding charge to earnings. The allowance may be subsequently increased or decreased based on the prevailing facts and circumstances. During the three and nine months ended September 30, 2024 and 2023, no impairment was recognized. Goodwill Goodwill represents the excess of the purchase price in a business combination over the fair value of the tangible and intangible assets acquired and the liabilities assumed. Goodwill is not amortized, but rather is subject to impairment testing annually, or more frequently if events or changes in circumstances indicate that this asset may be impaired. As of September 30, 2024 and December 31, 2023, the Company had a goodwill balance of $18.5 million, recorded in Goodwill and intangible assets, net on the Condensed Consolidated Balance Sheets. During the three and nine months ended September 30, 2024, no impairment was recognized. Investment in Unconsolidated Affiliate The Company accounts for its investment in Island 3 using the equity method. Under the equity method, the investment's carrying value is adjusted for the Company’s share of the investee's earnings and losses, capital contributions to and distributions from the investee, and capitalization of interest cost incurred by the Company during the investee's initial development period. As of September 30, 2024 and December 31, 2023, the Company had an investment in unconsolidated affiliate of $542.1 million and $90.9 million, respectively, recorded in non-current other assets in the accompanying Condensed Consolidated Balance Sheets. Recently Issued Accounting Standards The Company’s management has evaluated the recently issued, but not yet effective, accounting standards that have been issued or proposed by the Financial Accounting Standards Board or other standard-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position, results of operations and cash flows.

Cash, Cash Equivalents and Rest

Cash, Cash Equivalents and Restricted Cash	9 Months Ended
	Sep. 30, 2024
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, 2024 December 31, 2023 Cash and cash equivalents: Cash (1) $ 1,895,060 $ 1,076,474 Cash equivalents (2) 512,229 1,802,712 Total cash and cash equivalents 2,407,289 2,879,186 Restricted cash (3) 1,301,424 90,226 Total cash, cash equivalents and restricted cash $ 3,708,713 $ 2,969,412 (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, cash held in trusts in accordance with WML's share award plans, and as of September 30, 2024 and December 31, 2023 included $87.5 million and $87.0 million in the form of a first demand bank guarantee in favor of the Macau government to support the legal and contractual obligations of Wynn Resorts (Macau) S.A. ("Wynn Macau SA") through the term of Wynn Macau SA's gaming concession contract. As of September 30, 2024, restricted cash also included $605.9 million and $600.0 million of cash held in trust accounts for the repurchase or payment of the Wynn Las Vegas 5 1/2% Senior Notes due 2025 and WML 4 7/8% Senior Notes due 2024, respectively, in October 2024. For additional information, see Note 6, "Long-Term Debt." The following table presents the supplemental cash flow disclosures of the Company (in thousands): Nine Months Ended September 30, 2024 2023 Cash paid for interest, net of amounts capitalized $ 513,893 $ 536,021 Liability settled with shares of common stock $ 8,015 $ 6,639 Accounts and construction payables related to property and equipment $ 68,853 $ 58,518 Other liabilities related to intangible assets (1) $ 201,329 $ 207,106 Net settlement of liabilities in connection with an asset sale $ 27,665 $ — Finance lease liabilities arising from obtaining finance lease assets $ 55,681 $ 8,191

Receivables, net

Receivables, net	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Receivables, net	Receivables, net Accounts Receivable and Credit Risk Receivables, net consisted of the following (in thousands): September 30, 2024 December 31, 2023 Casino $ 225,754 $ 218,694 Hotel 46,852 54,596 Other 155,438 108,497 428,044 381,787 Less: allowance for credit losses (39,186) (40,075) $ 388,858 $ 341,712 As of September 30, 2024 and December 31, 2023, approximately 72.4% and 68.2%, 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 15.9% of gross casino receivables as of September 30, 2024 and December 31, 2023. 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 periods presented (in thousands): September 30, 2024 2023 Balance at beginning of year $ 40,075 $ 78,842 Provision for credit losses 4,352 (6,314) Write-offs (10,013) (23,262) Recoveries of receivables previously written off 4,693 10,521 Effect of exchange rate 79 (169) Balance at end of period $ 39,186 $ 59,618

Property and Equipment, net

Property and Equipment, net	9 Months Ended
	Sep. 30, 2024
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, 2024 December 31, 2023 Buildings and improvements $ 8,538,141 $ 8,459,085 Land and improvements 1,233,274 1,228,652 Furniture, fixtures and equipment 3,358,813 3,311,478 Airplanes 110,623 110,623 Construction in progress 234,123 162,592 13,474,974 13,272,430 Less: accumulated depreciation (6,957,144) (6,583,951) $ 6,517,830 $ 6,688,479 As of September 30, 2024 and December 31, 2023, construction in progress consisted primarily of costs capitalized for various capital enhancements at the Company's properties. During the nine months ended September 30, 2024, the Company expensed $61.5 million of project costs related to a discontinued development project, inclusive of $4.7 million of internally allocated overhead, that had been previously capitalized. The expense was recorded in Property charges and other expenses in the accompanying Condensed Consolidated Statements of Operations for the nine months ended September 30, 2024.

Long-Term Debt

Long-Term Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consisted of the following (in thousands): September 30, 2024 December 31, 2023 Macau Related: WM Cayman II Revolver, due 2028 (1) $ 1,150,962 $ 1,497,610 WML 4 7/8% Senior Notes, due 2024 (2) 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 WML 4 1/2% Convertible Bonds, due 2029 (3) 600,000 600,000 U.S. and Corporate Related: WRF Credit Facilities (4) : WRF Term Loan, due 2024 — 73,683 WRF Term Loan, due 2027 773,438 730,692 WLV 5 1/2% Senior Notes, due 2025 (2) 583,310 1,380,001 WLV 5 1/4% Senior Notes, due 2027 880,000 880,000 WRF 5 1/8% Senior Notes, due 2029 750,000 750,000 WRF 7 1/8% Senior Notes, due 2031 1,000,000 600,000 WRF 6 1/4% Senior Notes, due 2033 800,000 — Retail Term Loan, due 2027 (5) 615,000 615,000 11,852,710 11,826,986 WML Convertible Bond Conversion Option Derivative 75,894 73,744 Less: Unamortized debt issuance costs and original issue discounts and premium, net (142,042) (162,393) 11,786,562 11,738,337 Less: Current portion of long-term debt (1,239,054) (709,593) Total long-term debt, net of current portion $ 10,547,508 $ 11,028,744 (1) As of September 30, 2024, the borrowings under the WM Cayman II Revolver bear interest at the term secured overnight financing rate ("Term SOFR") plus a credit adjustment spread of 0.10% or HIBOR, in each case plus a margin of 1.875% to 2.875% per annum based on WM Cayman II’s leverage ratio on a consolidated basis. Approximately $239.1 million and $911.9 million of the WM Cayman II Revolver bears interest at a rate of Term SOFR plus 1.975% per year and HIBOR plus 1.875% per year, respectively. As of September 30, 2024, the weighted average interest rate was approximately 6.33%. As of September 30, 2024, the available borrowing capacity under the WM Cayman II Revolver was $353.6 million. (2) In October 2024, the Company repaid or repurchased the 2024 WML Senior Notes and 2025 WLV Senior Notes using short-term restricted cash held at WML and WRF, respectively. (3) As of September 30, 2024, the net carrying amount of the WML Convertible Bonds was $493.5 million, with unamortized debt discount and debt issuance costs of $106.5 million. The Company recorded contractual interest expense of $6.8 million and $6.8 million and amortization of discounts and issuance costs of $4.8 million and $4.4 million during the three months ended September 30, 2024 and 2023, respectively, and contractual interest expense of $20.3 million and $15.3 million and amortization of discounts and issuance costs of $14.0 million and $9.7 million during the nine months ended September 30, 2024 and 2023, respectively. (4) The WRF Credit Facilities bear interest at a rate of Term SOFR plus 1.85% per year. As of September 30, 2024, the weighted average interest rate was approximately 6.70%. Additionally, as of September 30, 2024, the available borrowing capacity under the WRF Revolver was $735.3 million, net of $14.7 million in outstanding letters of credit. (5) As of September 30, 2024, the Retail Term Loan bore interest at a rate of adjusted daily simple secured overnight financing rate ("SOFR") plus 1.80% per year, for an all-in interest rate of 5.54%. On October 2, 2024, the borrowers amended the term loan agreement to, among other things, extend the scheduled maturity of the Retail Term Loan to 2027 and change the interest rate on the Retail Term Loan to one-month term SOFR plus 2.15% per year, as further described below. WM Cayman II Revolver Facility Agreement Amendment On September 20, 2024, WM Cayman II, as borrower and WML, as guarantor, entered into an amendment agreement (the “Second Amendment Agreement”) to its existing facility agreement dated as of September 16, 2021, as amended on May 5, 2022 and as amended and restated on June 27, 2023 (the "Existing Facility Agreement"), to extend the maturity date of the outstanding loans under the Existing Facility Agreement from September 16, 2025 to September 16, 2028, or the immediately preceding business day if September 16, 2028 is not a business day. In connection with the Second Amendment Agreement, the Company recorded debt issuance costs of $19.2 million within the Condensed Consolidated Balance Sheet. WML Senior Notes On October 1, 2024, WML paid the $600.0 million aggregate principal amount of WML's 4 7/8% Senior Notes due 2024 on their stated maturity date using short-term restricted cash held at WML. WRF Credit Facility Agreement Amendment On September 16, 2024, Wynn Resorts Finance, LLC ("WRF") and certain of its subsidiaries entered into an amendment (the "WRF Credit Facility Agreement Amendment") to its existing credit agreement (the "WRF Credit Facility Agreement") among Deutsche Bank AG New York Branch, as administrative agent and collateral agent, and the other lenders party thereto. The WRF Credit Facility Agreement Amendment extended the stated maturity of $68.7 million aggregate principal amount of revolving commitments and $71.8 million aggregate principal of term loan commitments from September 20, 2024 to September 20, 2027. In connection with the WRF Credit Facility Agreement Amendment, the Company recognized a loss on debt financing transactions of $0.1 million within the accompanying Condensed Consolidated Statement of Operations, and the Company recorded debt issuance costs of $0.5 million within the Condensed Consolidated Balance Sheet. WRF Senior Notes In February 2024, WRF and its subsidiary, Wynn Resorts Capital Corp., issued an additional $400.0 million aggregate principal amount of 7 1/8% Senior Notes due 2031 (the "2031 WRF Add-On Senior Notes," and collectively with the 7 1/8% Senior Notes due 2031 (the "2031 WRF Senior Notes") and 5 1/8% Senior Notes due 2029 (the "2029 WRF Senior Notes"), the "WRF Senior Notes") pursuant to a supplemental indenture to the 2031 Senior Notes indenture dated as of February 16, 2023. The 2031 WRF Add-On Senior Notes were issued at a price equal to 103.00% of the principal amount plus accrued interest, resulting in net proceeds of $409.5 million. The net proceeds from the 2031 WRF Add-On Senior Notes, together with cash held by Wynn Resorts, were used to repurchase an aggregate $796.7 million of the outstanding principal amount of the 2025 WLV Senior Notes (as defined below) and to pay the applicable tender premium and related fees and expenses. In connection with the issuance of the 2031 WRF Add-On Senior Notes and the repurchase of the 2025 WLV Senior Notes in February and March 2024 (as further discussed below), the Company recognized a loss on debt financing transactions of $1.6 million within the accompanying Condensed Consolidated Statements of Operations, and the Company recorded debt issuance costs of $5.6 million within the accompanying Condensed Consolidated Balance Sheet. In September 2024, WRF and its subsidiary Wynn Resorts Capital Corp. (together the "WRF Issuers"), issued $800.0 million aggregate principal amount of 6 1/4% Senior Notes due 2033 (the "2033 WRF Senior Notes") pursuant to an indenture among the WRF Issuers, the guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee, in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended. The 2033 WRF Senior Notes were issued at par, for proceeds of $795.0 million, net of $5.0 million of related fees and expenses. A portion of the proceeds from the offering of the 2033 WRF Senior Notes was classified as short-term restricted cash as of September 30, 2024 within the Condensed Consolidated Balance Sheet and was used in October 2024 to repurchase the remaining outstanding principal amount of the 2025 WLV Senior Notes (as defined below) in full. In connection with the issuance of the 2033 WRF Senior Notes, the Company recorded debt issuance costs of $8.2 million within the Condensed Consolidated Balance Sheet. WLV Senior Notes In February and March 2024, Wynn Las Vegas repurchased $800.0 million aggregate principal amount of its 5 1/2% Senior Notes due 2025 (the "2025 WLV Senior Notes"), which consisted of i) $681.0 million aggregate principal amount of validly tendered notes repurchased at a price equal to 97.2% of the principal amount, plus accrued interest and an early tender premium of $20.3 million, and ii) $119.0 million aggregate principal amount of notes repurchased on a pro-rata basis at a price equal of 100% of the principal amount, plus accrued interest, under the terms of its indenture. Included in the $119.0 million repurchase was $3.3 million aggregate principal amount of 2025 WLV Senior Notes held by Wynn Resorts. The Company used the net proceeds from the 2031 WRF Add-On Senior Notes and cash held by WRF to purchase such validly tendered 2025 WLV Senior Notes and to pay the early tender premium and related fees and expenses. In October 2024, Wynn Las Vegas repurchased the remaining $600.0 million aggregate principal amount of its 2025 WLV Senior Notes at a price equal to 100.0% of the principal amount, plus a “make-whole” amount and accrued interest, under the terms of its indenture. Included in the $600.0 million repurchase was $16.7 million aggregate principal amount of 2025 WLV Senior Notes held by Wynn Resorts. Retail Term Loan Third Amendment On October 2, 2024, Wynn/CA Plaza Property Owner, LLC and Wynn/CA Property Owner, LLC (collectively, the "Borrowers") entered into a third amendment (the "Third Retail Term Loan Amendment") to their existing term loan agreement (the "Retail Term Loan Agreement" and, as amended by the Third Amendment, the "Extended Retail Term Loan Agreement"). The Third Retail Term Loan Amendment, which is effective as of October 2, 2024, amends the Retail Term Loan Agreement to, among other things: (i) extend the scheduled maturity date of the term loan to July 24, 2027; (ii) provide for an interest rate on the term loan equal to One Month Term SOFR (as defined in, and determined in accordance with, the Extended Retail Term Loan Agreement) plus a spread of 215 basis points; and (iii) require that the Borrowers meet a specified maximum loan to value ratio annually (which, if not met, triggers a mandatory excess cash sweep until such ratio has been achieved) as well as certain specified minimum debt yields. In connection with, and as provided under, the Third Retail Term Loan Amendment, the Borrowers (a) made a principal prepayment of the term loan in the amount of $15.0 million, and (b) to mitigate interest rate risk, entered into an interest rate swap agreement maturing in February 2027, which effectively fixes the variable component of the interest rate on the term loan at 3.385% through such date. Debt Covenant Compliance As of September 30, 2024, management believes the Company was in compliance with all debt covenants. Fair Value of Long-Term Debt

WML Convertible Bond Conversion

WML Convertible Bond Conversion Option Derivative	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
WML Convertible Bond Conversion Option Derivative	WML Convertible Bond Conversion Option Derivative The conversion feature contained within the WML Convertible Bonds (the "WML Convertible Bond Conversion Option Derivative") is not indexed to WML's equity and, as such, is required to be bifurcated from the debt host contract and accounted for as a free-standing derivative, reported at fair value as of the end of each reporting period, with changes recognized in the Condensed Consolidated Statements of Operations. The following table sets forth the inputs to the lattice models that were used to value the WML Convertible Bond Conversion Option Derivative: September 30, 2024 December 31, 2023 WML stock price HK$ 6.76 HK$ 6.43 Estimated volatility 33.3 % 34.0 % Risk-free interest rate 3.0 % 3.3 % Expected term (years) 4.4 5.2 Dividend yield (1) 0.0 % 0.0 % (1) Dividend yield is assumed to be zero in the lattice model used to value the WML Convertible Bond Conversion Option Derivative, due to a dividend protection feature in the WML Convertible Bond Agreement. As of September 30, 2024 and December 31, 2023, the estimated fair value of the embedded derivative was a liability of $75.9 million and $73.7 million, respectively, recorded in Long-term debt in the accompanying Condensed Consolidated Balance Sheets. In connection with the change in fair value, the Company recorded a loss of $3.9 million and $48.8 million for the three months ended September 30, 2024 and 2023, respectively, and a loss of $2.2 million and $2.3 million for the nine months ended September 30, 2024 and 2023, respectively, within Change in derivative fair value in the accompanying Condensed Consolidated Statements of Operations.

Stockholders' Deficit

Stockholders' Deficit	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Stockholders' Deficit	Stockholders' Deficit Equity Repurchase Program In April 2016, the Company's Board of Directors authorized an equity repurchase program of up to $1.00 billion, which may include repurchases by the Company of its common stock from time to time through open market purchases, privately negotiated transactions, and under plans complying with Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934, as amended. Any shares repurchased pursuant to the equity repurchase program are held as treasury shares. During the three and nine months ended September 30, 2024, the Company repurchased 1,464,773 and 2,206,113 shares of its common stock, respectively, at average prices of $80.37 and $84.19 per share, respectively, for an aggregate cost of $117.7 million and $185.7 million, respectively, under the equity repurchase program. During the three and nine months ended September 30, 2023, the Company repurchased 596,948 shares of its common stock at an average price of $94.11 per share, for an aggregate cost of $56.2 million under the equity repurchase program. As of September 30, 2024, the Company had $247.7 million in repurchase authority remaining under the program. On November 1, 2024, the Company’s Board of Directors authorized the Company to repurchase a total of up to $1.0 billion of the Company’s outstanding shares of common stock, increasing the previously available repurchase authorization by approximately $766 million. The equity repurchase program authorizes discretionary repurchases by the Company from time to time through open market purchases, including pursuant to plans designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, privately negotiated transactions, accelerated share repurchases, or block trades, subject to market conditions, applicable legal requirements and other factors. The repurchase authorization has no expiration date, and the equity repurchase program may be suspended, discontinued or accelerated at any time. Dividends The Company paid a cash dividend of $0.25 per share in each of the quarters ended March 31, 2024, June 30, 2024, and September 30, 2024 and recorded $28.0 million in each of the quarters ended March 31, 2024 and June 30, 2024 and $27.7 million in the quarter ended September 30, 2024, against accumulated deficit. On November 4, 2024, the Company's Board of Directors declared a cash dividend of $0.25 per share on its common stock, payable on November 27, 2024 to stockholders of record as of November 15, 2024. Noncontrolling Interests Wynn Macau, Limited On September 12, 2024, WML paid a cash dividend of HK$0.075 per share for a total U.S. dollar equivalent of approximately $50.5 million. The Company's share of this dividend was $36.1 million, and the noncontrolling interest holders' share of this dividend was $14.4 million. On June 19, 2024, WML paid a cash dividend of HK$0.075 per share for a total U.S. dollar equivalent of approximately $50.4 million. The Company's share of this dividend was $36.0 million, and the noncontrolling interest holders' share of this dividend was $14.4 million. WML Securities Lending Agreement In connection with the offering of the WML Convertible Bonds, WM Cayman Holdings I Limited ("WM Cayman I"), a wholly owned subsidiary of the Company and holder of our approximate 72% ownership interest in WML, entered into a stock borrowing and lending agreement with Goldman Sachs International (the "WML Stock Borrower") on March 2, 2023 (as amended on March 30, 2023, the "Securities Lending Agreement"), pursuant to which WM Cayman I has agreed to lend to the WML Stock Borrower up to 459,774,985 of its ordinary share holdings in WML, upon and subject to the terms and conditions in the Securities Lending Agreement. WM Cayman I may, at its sole discretion, terminate any stock loan by giving the WML Stock Borrower no less than five business days' notice. The Securities Lending Agreement terminates on the date on which the WML Convertible Bonds have been redeemed, or converted in full, whichever is the earlier. As of the date of this report, the WML Stock Borrower held 179,774,985 WML shares under the Securities Lending Agreement. Retail Joint Venture During the nine months ended September 30, 2024 and 2023, the Retail Joint Venture made aggregate distributions of approximately $10.6 million and $15.9 million, respectively, to its non-controlling interest holder. For more information on the Retail Joint Venture, see Note 16, "Retail Joint Venture."

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
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, 2024 Quoted Other Unobservable Assets: Cash equivalents $ 512,229 $ — $ 512,229 $ — Restricted cash $ 1,301,424 $ 1,212,316 $ 89,108 $ — Liabilities: WML Convertible Bond Conversion Option Derivative (see Note 7) $ 75,894 $ — $ — $ 75,894 Fair Value Measurements Using: December 31, 2023 Quoted Other Unobservable Assets: Cash equivalents $ 1,802,712 $ — $ 1,802,712 $ — Restricted cash $ 90,226 $ 2,170 $ 88,056 $ — Fixed deposits $ 550,000 $ — $ 550,000 $ — Interest rate collar $ 5,769 $ — $ 5,769 $ — Liabilities: WML Convertible Bond Conversion Option Derivative (see Note 7) $ 73,744 $ — $ — $ 73,744

Customer Contract Liabilities

Customer Contract Liabilities	9 Months Ended
	Sep. 30, 2024
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, 2024 December 31, 2023 Increase / (decrease) September 30, 2023 December 31, 2022 Increase / (decrease) Casino outstanding chips and front money deposits (1) $ 441,712 $ 433,269 $ 8,443 $ 397,828 $ 390,531 $ 7,297 Advance room deposits and ticket sales (2) 84,133 89,640 (5,507) 97,705 85,019 12,686 Other gaming-related liabilities (3) 14,829 24,964 (10,135) 25,208 31,265 (6,057) Loyalty program and related liabilities (4) 29,001 31,106 (2,105) 34,215 35,083 (868) $ 569,675 $ 578,979 $ (9,304) $ 554,956 $ 541,898 $ 13,058 (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, 2024
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 September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Casino $ 777 $ 550 $ 2,243 $ 1,539 Rooms 275 197 771 $ 598 Food and beverage 597 376 1,586 $ 1,178 Entertainment, retail and other 551 946 1,991 $ 6,831 General and administrative 11,470 14,075 37,615 $ 38,993 Total stock-based compensation expense 13,670 16,144 44,206 49,139 Total stock-based compensation capitalized $ 1,332 1,563 3,953 3,697 Total stock-based compensation costs $ 15,002 $ 17,707 $ 48,159 $ 52,836

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company recorded an income tax expense of $17.1 million and an income tax benefit of $2.7 million for the three months ended September 30, 2024 and 2023, respectively, and an income tax expense of $45.1 million and $2.6 million for the nine months ended September 30, 2024 and 2023, respectively. The income tax expense for the three months and nine months ended September 30, 2024 primarily relates to U.S.-based operating profits as well as an increase in non-deductible expenses. The income tax benefit and expense from the three months and nine months ended September 30, 2023 primarily related to operating profits.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share ("EPS") is computed by dividing net income (loss) attributable to Wynn Resorts by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income (loss) attributable to Wynn Resorts, adjusted for the potential dilutive impact assuming that the conversion of the WML Convertible Bonds occurred at the later of the date of issuance or beginning of the period presented under the if-converted method, 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. Other 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 September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Numerator: Net income (loss) attributable to Wynn Resorts, Limited - basic $ (32,053) $ (116,678) $ 224,106 $ 838 Effect of dilutive securities of Wynn Resorts, Limited subsidiaries: Assumed conversion of WML Convertible Bonds (1) — — — — Net income (loss) attributable to Wynn Resorts, Limited - diluted $ (32,053) $ (116,678) $ 224,106 $ 838 Denominator: Weighted average common shares outstanding 109,727 112,797 110,559 112,813 Potential dilutive effect of stock options, nonvested, and performance nonvested shares — — 251 319 Weighted average common and common equivalent shares outstanding 109,727 112,797 110,810 113,132 Net income (loss) attributable to Wynn Resorts, Limited per common share, basic $ (0.29) $ (1.03) $ 2.03 $ 0.01 Net income (loss) attributable to Wynn Resorts, Limited per common share, diluted $ (0.29) $ (1.03) $ 2.02 $ 0.01 Anti-dilutive stock options, nonvested, and performance nonvested shares excluded from the calculation of diluted net income per share 383 1,255 334 308

Leases

Leases	9 Months Ended
	Sep. 30, 2024
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 September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Minimum rental income $ 34,529 $ 33,196 $ 102,537 $ 98,845 Contingent rental income 13,835 20,700 50,707 74,670 Total rental income $ 48,364 $ 53,896 $ 153,244 $ 173,515

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
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. Securities Class 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 alleged, among other things, certain violations of federal securities laws and sought to recover unspecified damages as well as attorneys' fees, costs and related expenses for the plaintiffs. On July 28, 2021, the court dismissed certain of plaintiffs' claims, including all claims against current CEO Craig Billings and the individual directors, and allowed other claims to proceed against the Company and several of the Company's former executive officers, including Matthew Maddox, Stephen A. Wynn, Kimmarie Sinatra, and Steven Cootey. On March 2, 2023, the court granted the plaintiffs' motion for class certification and appointed lead counsel. On August 22, 2024, the parties reached an agreement to settle the action, in its entirety, for the amount of $70.0 million, of which the Company will contribute $9.4 million. The court preliminarily approved the settlement on October 10, 2024. The Company's $9.4 million net contribution toward the settlement is recorded within Property charges and other expenses within the accompanying Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024. 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 ("USAO") relating to its anti-money laundering policies and procedures, and beginning in 2020 received several grand jury subpoenas regarding various transactions at Wynn Las Vegas relating to certain patrons and agents who reside or operate in foreign jurisdictions. On September 6, 2024, Wynn Las Vegas entered into a non-prosecution agreement (the “NPA”) with the USAO and the United States Department of Justice (the “DOJ”) resolving such investigation. Pursuant to the NPA, Wynn Las Vegas agreed to forfeit $130.0 million in funds involved in transactions at issue and continue to make certain enhancements to its compliance program. The DOJ agreed that, subject to Wynn Las Vegas’s fulfillment of its obligations under the NPA, it will not bring any criminal charges against Wynn Las Vegas concerning the subject matter of its investigation, subject to standard reservations of rights and certain reserved claims. The NPA resolves all prior U.S. federal regulatory inquiries commenced in or about 2014 regarding compliance by Wynn Las Vegas with 18 U.S.C. § 1960 and the Bank Secrecy Act. The $130.0 million forfeiture is recorded within Property charges and other expenses within the accompanying Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024.

Retail Joint Venture

Retail Joint Venture	9 Months Ended
	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Retail Joint Venture	Retail Joint Venture As of September 30, 2024 and December 31, 2023, the Retail Joint Venture had total assets of $109.9 million and $102.5 million, respectively, and total liabilities of $621.9 million. As of September 30, 2024 and December 31, 2023, the Retail Joint Venture's liabilities included total current and long-term debt of $614.5 million and $614.1 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, 2024
Segment Reporting [Abstract]
Segment Information	Segment Information The Company has identified its reportable segments based on factors such as geography, regulatory environment, the information reviewed by its chief operating decision maker, and the Company's organizational and management reporting structure. The Company has identified the following reportable segments: (i) Wynn Macau, representing the aggregate of Wynn Macau and Encore, an expansion at Wynn Macau, which are managed as a single integrated resort; (ii) Wynn Palace; (iii) Las Vegas Operations, representing the aggregate of Wynn Las Vegas, Encore, an expansion at Wynn Las Vegas, and the Retail Joint Venture, which are managed as a single integrated resort; and (iv) Encore Boston Harbor. For geographical reporting purposes, Wynn Macau, Wynn Palace, and Other Macau (which represents the assets of the Company's Macau holding company and other ancillary entities) have been aggregated into Macau Operations. During the three months ended March 31, 2024, Wynn Interactive Ltd. no longer met the requirements for a reportable segment. As a result, its assets and results of operations are presented in Corporate and other and previous period amounts have been reclassified to be consistent with the current period presentation of the Company's reportable segments. The following tables present the Company's segment information (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating revenues Macau Operations: Wynn Palace Casino $ 418,043 $ 418,043 $ 1,336,788 $ 1,054,007 Rooms 49,145 54,309 153,287 151,311 Food and beverage 31,506 26,215 93,405 75,028 Entertainment, retail and other (1) 21,096 26,206 71,260 82,140 519,790 524,773 1,654,740 1,362,486 Wynn Macau Casino 296,781 230,294 923,851 649,627 Rooms 23,755 31,673 76,116 79,774 Food and beverage 19,524 18,287 60,546 47,255 Entertainment, retail and other (1) 11,897 14,762 40,457 50,679 351,957 295,016 1,100,970 827,335 Total Macau Operations 871,747 819,789 2,755,710 2,189,821 Las Vegas Operations: Casino 145,186 168,130 410,023 460,606 Rooms 187,123 178,518 617,071 541,392 Food and beverage 191,776 203,066 593,804 570,695 Entertainment, retail and other (1) 83,087 69,252 251,476 211,109 Total Las Vegas Operations 607,172 618,966 1,872,374 1,783,802 Encore Boston Harbor: Casino 158,744 155,986 478,504 488,204 Rooms 24,742 24,838 70,226 65,895 Food and beverage 19,791 19,864 63,184 64,101 Entertainment, retail and other (1) 10,844 9,715 32,599 30,441 Total Encore Boston Harbor 214,121 210,403 644,513 648,641 Corporate and other: Entertainment, retail and other 283 22,778 16,567 69,173 Total Corporate and other 283 22,778 16,567 69,173 Total operating revenues $ 1,693,323 $ 1,671,936 $ 5,289,164 $ 4,691,437 (1) Includes lease revenue accounted for under lease accounting guidance. For more information on leases, see Note 14, "Leases." Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Adjusted Property EBITDAR (1) Macau Operations: Wynn Palace $ 162,283 $ 177,048 $ 549,112 $ 444,713 Wynn Macau 100,594 77,939 333,691 212,274 Total Macau Operations 262,877 254,987 882,803 656,987 Las Vegas Operations 202,720 219,740 679,315 675,458 Encore Boston Harbor 63,018 60,498 188,284 193,016 Corporate and other (938) (4,864) (4,535) (40,896) Total 527,677 530,361 1,745,867 1,484,565 Other operating expenses Pre-opening 2,457 867 6,050 6,822 Depreciation and amortization 156,273 171,969 507,611 510,743 Impairment of goodwill and intangible assets — 93,990 — 94,490 Property charges and other (2) 150,475 114,288 206,238 132,265 Corporate expenses and other 36,184 35,104 109,799 102,342 Stock-based compensation 13,670 16,144 44,206 49,139 Triple-net operating lease rent expense 35,381 35,404 106,127 106,318 Total other operating expenses 394,440 467,766 980,031 1,002,119 Operating income 133,237 62,595 765,836 482,446 Other non-operating income and expenses Interest income 30,729 46,534 105,785 130,854 Interest expense, net of amounts capitalized (167,922) (188,571) (524,922) (566,554) Change in derivatives fair value (5,523) (50,637) (7,920) (3,255) (Loss) gain on debt financing transactions (109) 2,928 (1,670) (12,683) Other 21,300 3,861 25,323 (19,794) Total other non-operating income and expenses (121,525) (185,885) (403,404) (471,432) Income (loss) before income taxes 11,712 (123,290) 362,432 11,014 (Provision) benefit for income taxes (17,127) 2,749 (45,076) (2,574) Net income (loss) (5,415) (120,541) 317,356 8,440 Net income (loss) attributable to noncontrolling interests (26,638) 3,863 (93,250) (7,602) Net income (loss) attributable to Wynn Resorts, Limited $ (32,053) $ (116,678) $ 224,106 $ 838 (1) "Adjusted Property EBITDAR" is net income (loss) before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other expenses, triple-net operating lease rent expense related to Encore Boston Harbor, management and license fees, corporate expenses and other expenses (including intercompany golf course, meeting and convention, and water rights leases), stock-based compensation, change in derivatives fair value, loss (gain) on debt financing transactions, and other non-operating income and expenses. Adjusted Property EBITDAR 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 EBITDAR 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. The Company also presents Adjusted Property EBITDAR 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 EBITDAR 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 EBITDAR 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 EBITDAR should not be considered as an alternative to operating income as an indicator of the Company's 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 EBITDAR does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. The Company has significant uses of cash flows, including capital expenditures, triple-net operating lease rent expense related to Encore Boston Harbor, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDAR. Also, the Company's calculation of Adjusted Property EBITDAR may be different from the calculation methods used by other companies and, therefore, comparability may be limited. (2) For each of the three and nine months ended September 30, 2024, includes $130.0 million of forfeitures pursuant to the NPA, the Company's $9.4 million contribution towards a legal settlement, $12.5 million of contract termination and other costs related to the closure of Wynn Interactive's digital sports betting and casino gaming business. Property charges and other expenses for the nine months ended September 30, 2024 also included $61.5 million of expensed project costs related to a discontinued development project, partially offset by a gain of $24.6 million related to the sale of certain Wynn Interactive assets. September 30, 2024 December 31, 2023 Assets Macau Operations: Wynn Palace $ 2,865,203 $ 2,936,264 Wynn Macau 1,278,324 1,864,211 Other Macau 1,377,807 886,175 Total Macau Operations 5,521,334 5,686,650 Las Vegas Operations 3,086,335 3,173,247 Encore Boston Harbor 1,979,031 2,006,565 Corporate and other 3,524,699 3,129,761 Total $ 14,111,399 $ 13,996,223

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income (loss) attributable to Wynn Resorts, Limited - basic	$ (32,053)	$ (116,678)	$ 224,106	$ 838

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation
Use of Estimates	Use of Estimates The preparation of condensed 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 deferred tax assets and credit losses, estimates regarding the useful lives and recoverability of long-lived and intangible assets, valuations of derivatives, and litigation and contingency estimates.
Gaming Taxes	Gaming Taxes
Investments	Investments The Company received proceeds of $300.0 million upon the maturity of its investments in debt securities and $550.0 million upon the maturity of its investments in fixed deposits during the nine months ended September 30, 2024. The Company held no short-term investments as of September 30, 2024. As of December 31, 2023, the Company held $550.0 million in fixed deposits, recorded at fair value, and $295.2 million in debt securities, recorded at amortized cost within Investments on the Condensed Consolidated Balance Sheets. The estimated fair value of the Company's debt securities as of December 31, 2023 was approximately $294.8 million and the gross unrecognized holding loss was $0.4 million. As of December 31, 2023, the Company had $8.7 million in accrued interest on its debt securities, recorded in Investments
Investments in Unconsolidated Affiliate	Investment in Unconsolidated Affiliate
Recently Issued and Adopted Accounting Standards	Recently Issued Accounting Standards The Company’s management has evaluated the recently issued, but not yet effective, accounting standards that have been issued or proposed by the Financial Accounting Standards Board or other standard-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position, results of operations and cash flows.

Cash, Cash Equivalents and Re_2

Cash, Cash Equivalents and Restricted Cash (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 December 31, 2023 Cash and cash equivalents: Cash (1) $ 1,895,060 $ 1,076,474 Cash equivalents (2) 512,229 1,802,712 Total cash and cash equivalents 2,407,289 2,879,186 Restricted cash (3) 1,301,424 90,226 Total cash, cash equivalents and restricted cash $ 3,708,713 $ 2,969,412 (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, cash held in trusts in accordance with WML's share award plans, and as of September 30, 2024 and December 31, 2023 included $87.5 million and $87.0 million in the form of a first demand bank guarantee in favor of the Macau government to support the legal and contractual obligations of Wynn Resorts (Macau) S.A. ("Wynn Macau SA") through the term of Wynn Macau SA's gaming concession contract. As of September 30, 2024, restricted cash also included $605.9 million and $600.0 million of cash held in trust accounts for the repurchase or payment of the Wynn Las Vegas 5 1/2% Senior Notes due 2025 and WML 4 7/8% Senior Notes due 2024, respectively, in October 2024. For additional information, see Note 6, "Long-Term Debt."
Schedule of Restricted Cash and Cash Equivalents	Cash, cash equivalents and restricted cash consisted of the following (in thousands): September 30, 2024 December 31, 2023 Cash and cash equivalents: Cash (1) $ 1,895,060 $ 1,076,474 Cash equivalents (2) 512,229 1,802,712 Total cash and cash equivalents 2,407,289 2,879,186 Restricted cash (3) 1,301,424 90,226 Total cash, cash equivalents and restricted cash $ 3,708,713 $ 2,969,412 (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, cash held in trusts in accordance with WML's share award plans, and as of September 30, 2024 and December 31, 2023 included $87.5 million and $87.0 million in the form of a first demand bank guarantee in favor of the Macau government to support the legal and contractual obligations of Wynn Resorts (Macau) S.A. ("Wynn Macau SA") through the term of Wynn Macau SA's gaming concession contract. As of September 30, 2024, restricted cash also included $605.9 million and $600.0 million of cash held in trust accounts for the repurchase or payment of the Wynn Las Vegas 5 1/2% Senior Notes due 2025 and WML 4 7/8% Senior Notes due 2024, respectively, in October 2024. For additional information, see Note 6, "Long-Term Debt."
Schedule of Supplemental Cash Flow Disclosures	The following table presents the supplemental cash flow disclosures of the Company (in thousands): Nine Months Ended September 30, 2024 2023 Cash paid for interest, net of amounts capitalized $ 513,893 $ 536,021 Liability settled with shares of common stock $ 8,015 $ 6,639 Accounts and construction payables related to property and equipment $ 68,853 $ 58,518 Other liabilities related to intangible assets (1) $ 201,329 $ 207,106 Net settlement of liabilities in connection with an asset sale $ 27,665 $ — Finance lease liabilities arising from obtaining finance lease assets $ 55,681 $ 8,191

Receivables, net (Tables)

Receivables, net (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of Receivables, net	Receivables, net consisted of the following (in thousands): September 30, 2024 December 31, 2023 Casino $ 225,754 $ 218,694 Hotel 46,852 54,596 Other 155,438 108,497 428,044 381,787 Less: allowance for credit losses (39,186) (40,075) $ 388,858 $ 341,712 The following table shows the movement in the Company's allowance for credit losses recognized for receivables that occurred during the periods presented (in thousands): September 30, 2024 2023 Balance at beginning of year $ 40,075 $ 78,842 Provision for credit losses 4,352 (6,314) Write-offs (10,013) (23,262) Recoveries of receivables previously written off 4,693 10,521 Effect of exchange rate 79 (169) Balance at end of period $ 39,186 $ 59,618

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net consisted of the following (in thousands): September 30, 2024 December 31, 2023 Buildings and improvements $ 8,538,141 $ 8,459,085 Land and improvements 1,233,274 1,228,652 Furniture, fixtures and equipment 3,358,813 3,311,478 Airplanes 110,623 110,623 Construction in progress 234,123 162,592 13,474,974 13,272,430 Less: accumulated depreciation (6,957,144) (6,583,951) $ 6,517,830 $ 6,688,479

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt consisted of the following (in thousands): September 30, 2024 December 31, 2023 Macau Related: WM Cayman II Revolver, due 2028 (1) $ 1,150,962 $ 1,497,610 WML 4 7/8% Senior Notes, due 2024 (2) 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 WML 4 1/2% Convertible Bonds, due 2029 (3) 600,000 600,000 U.S. and Corporate Related: WRF Credit Facilities (4) : WRF Term Loan, due 2024 — 73,683 WRF Term Loan, due 2027 773,438 730,692 WLV 5 1/2% Senior Notes, due 2025 (2) 583,310 1,380,001 WLV 5 1/4% Senior Notes, due 2027 880,000 880,000 WRF 5 1/8% Senior Notes, due 2029 750,000 750,000 WRF 7 1/8% Senior Notes, due 2031 1,000,000 600,000 WRF 6 1/4% Senior Notes, due 2033 800,000 — Retail Term Loan, due 2027 (5) 615,000 615,000 11,852,710 11,826,986 WML Convertible Bond Conversion Option Derivative 75,894 73,744 Less: Unamortized debt issuance costs and original issue discounts and premium, net (142,042) (162,393) 11,786,562 11,738,337 Less: Current portion of long-term debt (1,239,054) (709,593) Total long-term debt, net of current portion $ 10,547,508 $ 11,028,744 (1) As of September 30, 2024, the borrowings under the WM Cayman II Revolver bear interest at the term secured overnight financing rate ("Term SOFR") plus a credit adjustment spread of 0.10% or HIBOR, in each case plus a margin of 1.875% to 2.875% per annum based on WM Cayman II’s leverage ratio on a consolidated basis. Approximately $239.1 million and $911.9 million of the WM Cayman II Revolver bears interest at a rate of Term SOFR plus 1.975% per year and HIBOR plus 1.875% per year, respectively. As of September 30, 2024, the weighted average interest rate was approximately 6.33%. As of September 30, 2024, the available borrowing capacity under the WM Cayman II Revolver was $353.6 million. (2) In October 2024, the Company repaid or repurchased the 2024 WML Senior Notes and 2025 WLV Senior Notes using short-term restricted cash held at WML and WRF, respectively. (3) As of September 30, 2024, the net carrying amount of the WML Convertible Bonds was $493.5 million, with unamortized debt discount and debt issuance costs of $106.5 million. The Company recorded contractual interest expense of $6.8 million and $6.8 million and amortization of discounts and issuance costs of $4.8 million and $4.4 million during the three months ended September 30, 2024 and 2023, respectively, and contractual interest expense of $20.3 million and $15.3 million and amortization of discounts and issuance costs of $14.0 million and $9.7 million during the nine months ended September 30, 2024 and 2023, respectively. (4) The WRF Credit Facilities bear interest at a rate of Term SOFR plus 1.85% per year. As of September 30, 2024, the weighted average interest rate was approximately 6.70%. Additionally, as of September 30, 2024, the available borrowing capacity under the WRF Revolver was $735.3 million, net of $14.7 million in outstanding letters of credit.

WML Convertible Bond Conversi_2

WML Convertible Bond Conversion Option Derivative (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Valuation Techniques for Embedded Derivative	The following table sets forth the inputs to the lattice models that were used to value the WML Convertible Bond Conversion Option Derivative: September 30, 2024 December 31, 2023 WML stock price HK$ 6.76 HK$ 6.43 Estimated volatility 33.3 % 34.0 % Risk-free interest rate 3.0 % 3.3 % Expected term (years) 4.4 5.2 Dividend yield (1) 0.0 % 0.0 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 Quoted Other Unobservable Assets: Cash equivalents $ 512,229 $ — $ 512,229 $ — Restricted cash $ 1,301,424 $ 1,212,316 $ 89,108 $ — Liabilities: WML Convertible Bond Conversion Option Derivative (see Note 7) $ 75,894 $ — $ — $ 75,894 Fair Value Measurements Using: December 31, 2023 Quoted Other Unobservable Assets: Cash equivalents $ 1,802,712 $ — $ 1,802,712 $ — Restricted cash $ 90,226 $ 2,170 $ 88,056 $ — Fixed deposits $ 550,000 $ — $ 550,000 $ — Interest rate collar $ 5,769 $ — $ 5,769 $ — Liabilities: WML Convertible Bond Conversion Option Derivative (see Note 7) $ 73,744 $ — $ — $ 73,744

Customer Contract Liabilities (

Customer Contract Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue Recognition [Abstract]
Schedule of Customer Contract Liabilities	The Company's primary liabilities associated with customer contracts are as follows (in thousands): September 30, 2024 December 31, 2023 Increase / (decrease) September 30, 2023 December 31, 2022 Increase / (decrease) Casino outstanding chips and front money deposits (1) $ 441,712 $ 433,269 $ 8,443 $ 397,828 $ 390,531 $ 7,297 Advance room deposits and ticket sales (2) 84,133 89,640 (5,507) 97,705 85,019 12,686 Other gaming-related liabilities (3) 14,829 24,964 (10,135) 25,208 31,265 (6,057) Loyalty program and related liabilities (4) 29,001 31,106 (2,105) 34,215 35,083 (868) $ 569,675 $ 578,979 $ (9,304) $ 554,956 $ 541,898 $ 13,058 (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, 2024
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 September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Casino $ 777 $ 550 $ 2,243 $ 1,539 Rooms 275 197 771 $ 598 Food and beverage 597 376 1,586 $ 1,178 Entertainment, retail and other 551 946 1,991 $ 6,831 General and administrative 11,470 14,075 37,615 $ 38,993 Total stock-based compensation expense 13,670 16,144 44,206 49,139 Total stock-based compensation capitalized $ 1,332 1,563 3,953 3,697 Total stock-based compensation costs $ 15,002 $ 17,707 $ 48,159 $ 52,836

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Shares used in Calculation of Earnings Per Share	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 September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Numerator: Net income (loss) attributable to Wynn Resorts, Limited - basic $ (32,053) $ (116,678) $ 224,106 $ 838 Effect of dilutive securities of Wynn Resorts, Limited subsidiaries: Assumed conversion of WML Convertible Bonds (1) — — — — Net income (loss) attributable to Wynn Resorts, Limited - diluted $ (32,053) $ (116,678) $ 224,106 $ 838 Denominator: Weighted average common shares outstanding 109,727 112,797 110,559 112,813 Potential dilutive effect of stock options, nonvested, and performance nonvested shares — — 251 319 Weighted average common and common equivalent shares outstanding 109,727 112,797 110,810 113,132 Net income (loss) attributable to Wynn Resorts, Limited per common share, basic $ (0.29) $ (1.03) $ 2.03 $ 0.01 Net income (loss) attributable to Wynn Resorts, Limited per common share, diluted $ (0.29) $ (1.03) $ 2.02 $ 0.01 Anti-dilutive stock options, nonvested, and performance nonvested shares excluded from the calculation of diluted net income per share 383 1,255 334 308

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2024
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 September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Minimum rental income $ 34,529 $ 33,196 $ 102,537 $ 98,845 Contingent rental income 13,835 20,700 50,707 74,670 Total rental income $ 48,364 $ 53,896 $ 153,244 $ 173,515

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Summary of Operations by Segment	The following tables present the Company's segment information (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating revenues Macau Operations: Wynn Palace Casino $ 418,043 $ 418,043 $ 1,336,788 $ 1,054,007 Rooms 49,145 54,309 153,287 151,311 Food and beverage 31,506 26,215 93,405 75,028 Entertainment, retail and other (1) 21,096 26,206 71,260 82,140 519,790 524,773 1,654,740 1,362,486 Wynn Macau Casino 296,781 230,294 923,851 649,627 Rooms 23,755 31,673 76,116 79,774 Food and beverage 19,524 18,287 60,546 47,255 Entertainment, retail and other (1) 11,897 14,762 40,457 50,679 351,957 295,016 1,100,970 827,335 Total Macau Operations 871,747 819,789 2,755,710 2,189,821 Las Vegas Operations: Casino 145,186 168,130 410,023 460,606 Rooms 187,123 178,518 617,071 541,392 Food and beverage 191,776 203,066 593,804 570,695 Entertainment, retail and other (1) 83,087 69,252 251,476 211,109 Total Las Vegas Operations 607,172 618,966 1,872,374 1,783,802 Encore Boston Harbor: Casino 158,744 155,986 478,504 488,204 Rooms 24,742 24,838 70,226 65,895 Food and beverage 19,791 19,864 63,184 64,101 Entertainment, retail and other (1) 10,844 9,715 32,599 30,441 Total Encore Boston Harbor 214,121 210,403 644,513 648,641 Corporate and other: Entertainment, retail and other 283 22,778 16,567 69,173 Total Corporate and other 283 22,778 16,567 69,173 Total operating revenues $ 1,693,323 $ 1,671,936 $ 5,289,164 $ 4,691,437 (1) Includes lease revenue accounted for under lease accounting guidance. For more information on leases, see Note 14, "Leases." Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Adjusted Property EBITDAR (1) Macau Operations: Wynn Palace $ 162,283 $ 177,048 $ 549,112 $ 444,713 Wynn Macau 100,594 77,939 333,691 212,274 Total Macau Operations 262,877 254,987 882,803 656,987 Las Vegas Operations 202,720 219,740 679,315 675,458 Encore Boston Harbor 63,018 60,498 188,284 193,016 Corporate and other (938) (4,864) (4,535) (40,896) Total 527,677 530,361 1,745,867 1,484,565 Other operating expenses Pre-opening 2,457 867 6,050 6,822 Depreciation and amortization 156,273 171,969 507,611 510,743 Impairment of goodwill and intangible assets — 93,990 — 94,490 Property charges and other (2) 150,475 114,288 206,238 132,265 Corporate expenses and other 36,184 35,104 109,799 102,342 Stock-based compensation 13,670 16,144 44,206 49,139 Triple-net operating lease rent expense 35,381 35,404 106,127 106,318 Total other operating expenses 394,440 467,766 980,031 1,002,119 Operating income 133,237 62,595 765,836 482,446 Other non-operating income and expenses Interest income 30,729 46,534 105,785 130,854 Interest expense, net of amounts capitalized (167,922) (188,571) (524,922) (566,554) Change in derivatives fair value (5,523) (50,637) (7,920) (3,255) (Loss) gain on debt financing transactions (109) 2,928 (1,670) (12,683) Other 21,300 3,861 25,323 (19,794) Total other non-operating income and expenses (121,525) (185,885) (403,404) (471,432) Income (loss) before income taxes 11,712 (123,290) 362,432 11,014 (Provision) benefit for income taxes (17,127) 2,749 (45,076) (2,574) Net income (loss) (5,415) (120,541) 317,356 8,440 Net income (loss) attributable to noncontrolling interests (26,638) 3,863 (93,250) (7,602) Net income (loss) attributable to Wynn Resorts, Limited $ (32,053) $ (116,678) $ 224,106 $ 838 (1) "Adjusted Property EBITDAR" is net income (loss) before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other expenses, triple-net operating lease rent expense related to Encore Boston Harbor, management and license fees, corporate expenses and other expenses (including intercompany golf course, meeting and convention, and water rights leases), stock-based compensation, change in derivatives fair value, loss (gain) on debt financing transactions, and other non-operating income and expenses. Adjusted Property EBITDAR 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 EBITDAR 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. The Company also presents Adjusted Property EBITDAR 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 EBITDAR 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 EBITDAR 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 EBITDAR should not be considered as an alternative to operating income as an indicator of the Company's 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 EBITDAR does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. The Company has significant uses of cash flows, including capital expenditures, triple-net operating lease rent expense related to Encore Boston Harbor, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDAR. Also, the Company's calculation of Adjusted Property EBITDAR may be different from the calculation methods used by other companies and, therefore, comparability may be limited. (2) For each of the three and nine months ended September 30, 2024, includes $130.0 million of forfeitures pursuant to the NPA, the Company's $9.4 million contribution towards a legal settlement, $12.5 million of contract termination and other costs related to the closure of Wynn Interactive's digital sports betting and casino gaming business. Property charges and other expenses for the nine months ended September 30, 2024 also included $61.5 million of expensed project costs related to a discontinued development project, partially offset by a gain of $24.6 million related to the sale of certain Wynn Interactive assets.
Summary of Assets by Segment	September 30, 2024 December 31, 2023 Assets Macau Operations: Wynn Palace $ 2,865,203 $ 2,936,264 Wynn Macau 1,278,324 1,864,211 Other Macau 1,377,807 886,175 Total Macau Operations 5,521,334 5,686,650 Las Vegas Operations 3,086,335 3,173,247 Encore Boston Harbor 1,979,031 2,006,565 Corporate and other 3,524,699 3,129,761 Total $ 14,111,399 $ 13,996,223

Organization (Details)

Organization (Details)	Sep. 30, 2024
Island 3 AMI FZ-LLC
Organization and Basis of Presentation [Line Items]
Equity interest	40%
Wynn Palace and Wynn Macau
Organization and Basis of Presentation [Line Items]
Percentage of ownership	72%
Wynn Las Vegas
Organization and Basis of Presentation [Line Items]
Percentage of ownership	100%
Retail Joint Venture
Organization and Basis of Presentation [Line Items]
Percentage of ownership	50.10%

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Gaming tax expenses	$ 437,200,000	$ 415,000,000	$ 1,360,000,000	$ 1,120,000,000
Fixed deposits					$ 550,000,000
Maturity of debt securities			300,000,000
Maturity of investments in fixed deposits			550,000,000
Investment securities, amortized cost					295,200,000
Investment securities, fair value					294,800,000
Investment securities, unrecognized holding loss					400,000
Investment securities, accrued interest					$ 8,700,000
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]					Investments
Investment securities, impairment loss	0	$ 0	0	$ 0
Goodwill	18,500,000		18,500,000		$ 18,500,000
Goodwill, impairment loss	0		0
Equity method investments	$ 542,100,000		$ 542,100,000		$ 90,900,000

Cash, Cash Equivalents and Re_3

Cash, Cash Equivalents and Restricted Cash - Schedule of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Cash and Cash Equivalents [Abstract]
Cash	$ 1,895,060	$ 1,076,474
Cash equivalents	512,229	1,802,712
Total cash and cash equivalents	2,407,289	2,879,186
Restricted cash	1,301,424	90,226
Total cash, cash equivalents and restricted cash	3,708,713	2,969,412	$ 2,879,586	$ 3,782,990
Restricted cash, bank guarantee	87,500	87,000
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	1,301,424	$ 90,226
Cash Held In Trust Accounts For Debt Extinguishment | WML 4 7/8% Senior Notes, due 2024 (2)
Cash and Cash Equivalents [Abstract]
Restricted cash	600,000
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	600,000
Cash Held In Trust Accounts For Debt Extinguishment | WLV 5 1/2% Senior Notes, due 2025 (2)
Cash and Cash Equivalents [Abstract]
Restricted cash	605,900
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 605,900

Cash, Cash Equivalents and Re_4

Cash, Cash Equivalents and Restricted Cash - Schedule of Cash Flow, Supplemental Disclosures (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash and Cash Equivalents [Abstract]
Cash paid for interest, net of amounts capitalized	$ 513,893	$ 536,021
Liability settled with shares of common stock	8,015	6,639
Accounts and construction payables related to property and equipment	68,853	58,518
Other liabilities related to intangible assets	201,329	207,106
Net settlement of liabilities in connection with an asset sale	27,665	0
Finance lease liabilities arising from obtaining finance lease assets	55,681	8,191
Other liabilities related to intangible assets, gaming premium	$ 201,300	$ 204,200

Receivables, net (Details)

Receivables, net (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross		$ 428,044	$ 381,787
Less: allowance for credit losses		(39,186)	(40,075)
Receivables, net		$ 388,858	341,712
Geographic Concentration Risk | Receivables | Outside the United States, primarily Asia
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of markers due from customers	68.20%	72.40%
Casino
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross		$ 225,754	218,694
Allowance for credit losses, percent of gross casino receivables		15.90%
Hotel
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross		$ 46,852	54,596
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables, gross		$ 155,438	$ 108,497

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at beginning of year			$ 40,075	$ 78,842
Provision for credit losses	$ 1,836	$ 870	4,352	(6,314)
Write-offs			(10,013)	(23,262)
Recoveries of receivables previously written off			4,693	10,521
Effect of exchange rate			79	(169)
Balance at end of period	$ 39,186	$ 59,618	$ 39,186	$ 59,618

Property and Equipment, net - S

Property and Equipment, net - Schedule of Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Buildings and improvements	$ 8,538,141	$ 8,459,085
Land and improvements	1,233,274	1,228,652
Furniture, fixtures and equipment	3,358,813	3,311,478
Airplanes	110,623	110,623
Construction in progress	234,123	162,592
Property and equipment, gross	13,474,974	13,272,430
Less: accumulated depreciation	(6,957,144)	(6,583,951)
Property and equipment, net	$ 6,517,830	$ 6,688,479

Property and Equipment, net - N

Property and Equipment, net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 142.6	$ 156	$ 462.9	$ 465
Construction in Progress
Property, Plant and Equipment [Line Items]
Expensed amount			61.5
Overhead costs			$ 4.7

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024	Feb. 29, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term debt, gross	$ 11,852,710			$ 11,826,986
WML Convertible Bond Conversion Option Derivative	75,894			73,744
Less: Unamortized debt issuance costs and original issue discounts and premium, net	(142,042)			(162,393)
Long-term debt total	11,786,562			11,738,337
Less: Current portion of long-term debt	(1,239,054)			(709,593)
Total long-term debt, net of current portion	10,547,508			11,028,744
WLV 5 1/2% Senior Notes, due 2025 (2) | Senior Notes
Debt Instrument [Line Items]
Long-term debt total		$ 3,300
WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	1,150,962			1,497,610
WML | WML 4 7/8% Senior Notes, due 2024 (2) | 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	5.50%
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%
WML | WML 4 1/2% Convertible Bonds, due 2029 | Convertible Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 600,000			600,000
Less: Unamortized debt issuance costs and original issue discounts and premium, net	(106,500)
Long-term debt total	$ 493,500
Stated interest rate	4.50%
WRF | WRF Term Loan, due 2024 | Senior Secured Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	$ 0			73,683
WRF | WRF Term Loan, due 2027 | Senior Secured Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	773,438			730,692
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%
WRF | WRF 7 1/8% Senior Notes, due 2031 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,000,000			600,000
Long-term debt total			$ 409,500
Stated interest rate	7.125%
WRF | WRF 6 1/4% Senior Notes, due 2033 | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 800,000			0
Stated interest rate	6.25%
WLV | WLV 5 1/2% Senior Notes, due 2025 (2) | Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 583,310			1,380,001
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	5.25%
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

Long-Term Debt - Summary of L_2

Long-Term Debt - Summary of Long-Term Debt - Additional Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Oct. 02, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term debt, gross		$ 11,852,710		$ 11,852,710		$ 11,826,986
Long-term debt		11,786,562		11,786,562		11,738,337
Unamortized debt issuance costs and original issue discounts and premium, net		142,042		142,042		162,393
WM Cayman Holdings Limited II | WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross		$ 1,150,962		$ 1,150,962		1,497,610
Weighted average interest rate (percent)		6.33%		6.33%
Available borrowing capacity		$ 353,600		$ 353,600
WML | WML 4 1/2% Convertible Bonds, due 2029 | Convertible Debt
Debt Instrument [Line Items]
Long-term debt, gross		600,000		600,000		600,000
Long-term debt		493,500		493,500
Unamortized debt issuance costs and original issue discounts and premium, net		106,500		106,500
Interest expense		6,800	$ 6,800	20,300	$ 15,300
Amortization of debt issuance costs and discounts		4,800	$ 4,400	14,000	$ 9,700
WRF | Senior Revolving Credit Facility, Due 2024 | Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Available borrowing capacity		735,300		735,300
Outstanding letters of credit		14,700		14,700
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
SOFR | 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				0.10%
SOFR | WRF | Senior Secured Term Loan
Debt Instrument [Line Items]
Interest in addition to variable rate				1.85%
SOFR | WRF | WRF Credit Facilities
Debt Instrument [Line Items]
Weighted average interest rate (percent)		6.70%		6.70%
SOFR | 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				1.80%
Interest rate during period				5.54%
SOFR | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Retail Term Loan, due 2025 | Term Loan | Subsequent Event
Debt Instrument [Line Items]
Interest in addition to variable rate	2.15%
SOFR | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Retail Term Loan, due 2025 | Term Loan | Maximum | Subsequent Event
Debt Instrument [Line Items]
Interest in addition to variable rate	3.385%
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%
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				1.975%
Long-term debt, gross		$ 239,100		$ 239,100
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				1.875%
Long-term debt, gross		$ 911,900		$ 911,900

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) - USD ($) $ in Thousands				1 Months Ended		2 Months Ended	9 Months Ended
	Oct. 02, 2024	Oct. 01, 2024	Sep. 16, 2024	Oct. 31, 2024	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2024	Sep. 20, 2024	Feb. 29, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term debt					$ 11,786,562		$ 11,786,562			$ 11,738,337
Debt instrument, fair value disclosure					11,820,000		11,820,000			11,490,000
Long-term debt, gross					11,852,710		$ 11,852,710			11,826,986
Senior Secured Term Loan | WRF
Debt Instrument [Line Items]
Borrowing capacity extended			$ 71,800
Senior Secured Term Loan | WRF | SOFR
Debt Instrument [Line Items]
Interest in addition to variable rate							1.85%
WRF 2031 Senior Notes and WLV 2025 Senior Notes | Senior Notes
Debt Instrument [Line Items]
Loss on restructuring of debt							$ 1,600
Debt issuance costs					5,600		5,600
WRF 7 1/8% Senior Notes, due 2031 | Senior Notes | WRF
Debt Instrument [Line Items]
Debt instrument, face amount									$ 400,000
Debt redemption price as percentage of principal						103%
Long-term debt									$ 409,500
Long-term debt, gross					1,000,000		1,000,000			600,000
WLV 5 1/2% Senior Notes, due 2025 (2) | Senior Notes
Debt Instrument [Line Items]
Debt redemption price as percentage of principal						100%
Long-term debt						$ 3,300
Repurchased face amount						800,000
Debt instrument, early tender premium						$ 20,300
WLV 5 1/2% Senior Notes, due 2025 (2) | Senior Notes | Subsequent Event
Debt Instrument [Line Items]
Debt redemption price as percentage of principal				100%
Repurchased face amount				$ 600,000
WLV 5 1/2% Senior Notes, due 2025 (2) | Senior Notes | Period One
Debt Instrument [Line Items]
Debt redemption price as percentage of principal						97.20%
Repurchased face amount						$ 681,000
WLV 5 1/2% Senior Notes, due 2025 (2) | Senior Notes | Period Two
Debt Instrument [Line Items]
Repurchased face amount						119,000
WLV 5 1/2% Senior Notes, due 2025 (2) | Senior Notes | WLV
Debt Instrument [Line Items]
Repayments of debt						$ 796,700
Long-term debt, gross					583,310		583,310			1,380,001
WRF Credit Facility Agreement Amendment | Senior Secured Term Loan | WRF
Debt Instrument [Line Items]
Loss on restructuring of debt			100
Debt issuance costs					500		500
WRF 6 1/4% Senior Notes, due 2033 | Senior Notes | WRF
Debt Instrument [Line Items]
Debt instrument, face amount					800,000		800,000
Debt issuance costs					8,200		8,200
Long-term debt, gross					800,000		800,000			0
Proceeds from senior debt					795,000
Related fees and expenses					5,000
Retail Term Loan Agreement | Medium-term Notes [Member] | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers)
Debt Instrument [Line Items]
Long-term debt, gross					615,000		$ 615,000			615,000
Retail Term Loan Agreement | Medium-term Notes [Member] | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | SOFR
Debt Instrument [Line Items]
Interest in addition to variable rate							1.80%
Retail Term Loan Agreement | Medium-term Notes [Member] | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Subsequent Event
Debt Instrument [Line Items]
Required quarterly repayments	$ 15,000
Retail Term Loan Agreement | Medium-term Notes [Member] | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Subsequent Event | SOFR
Debt Instrument [Line Items]
Interest in addition to variable rate	2.15%
Retail Term Loan Agreement | Medium-term Notes [Member] | Wynn/CA Plaza Property Owner, LLC And Wynn/CA Property Owner, LLC (The Borrowers) | Subsequent Event | Maximum | SOFR
Debt Instrument [Line Items]
Interest in addition to variable rate	3.385%
WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility | WM Cayman Holdings Limited II
Debt Instrument [Line Items]
Debt issuance costs								$ 19,200
Long-term debt, gross					1,150,962		$ 1,150,962			1,497,610
WM Cayman II Revolver, due 2025 | Senior Secured Revolving Credit Facility | WM Cayman Holdings Limited II | SOFR
Debt Instrument [Line Items]
Interest in addition to variable rate							0.10%
WML 4 7/8% Senior Notes, due 2024 (2) | Senior Notes | WML
Debt Instrument [Line Items]
Long-term debt, gross					$ 600,000		$ 600,000			$ 600,000
WML 4 7/8% Senior Notes, due 2024 (2) | Senior Notes | WML | Subsequent Event
Debt Instrument [Line Items]
Extinguishment of debt		$ 600,000
Senior Revolving Credit Facility, Due 2024 | Senior Secured Revolving Credit Facility | WRF
Debt Instrument [Line Items]
Borrowing capacity extended			$ 68,700

WML Convertible Bond Conversi_3

WML Convertible Bond Conversion Option Derivative - Valuation Techniques for Embedded Derivative (Details)	Sep. 30, 2024	Dec. 31, 2023
WML stock price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	6.76	6.43
Estimated volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	0.333	0.340
Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	0.030	0.033
Expected term (years)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	4.4	5.2
Dividend yield (1)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	0	0

WML Convertible Bond Conversi_4

WML Convertible Bond Conversion Option Derivative - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Derivative [Line Items]
WML Convertible Bond Conversion Option Derivative	$ 75,894		$ 75,894		$ 73,744
Loss on embedded derivative	3,900	$ 48,800	2,200	$ 2,300
WML Convertible Bonds | Convertible Debt | WML
Derivative [Line Items]
WML Convertible Bond Conversion Option Derivative	$ 75,900		$ 75,900		$ 73,700

Stockholders' Deficit (Details)

Stockholders' Deficit (Details)					3 Months Ended				9 Months Ended
	Sep. 12, 2024 USD ($)	Sep. 12, 2024 $ / shares	Jun. 19, 2024 USD ($)	Jun. 19, 2024 $ / shares	Sep. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2024 USD ($) $ / shares	Mar. 31, 2024 USD ($) $ / shares	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2024 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) $ / shares shares	Nov. 04, 2024 $ / shares shares	Nov. 01, 2024 USD ($)	Dec. 31, 2023 shares	Mar. 02, 2023 shares	Apr. 30, 2016 USD ($)
Subsidiary, Sale of Stock [Line Items]
Shares repurchased by the Company and held as treasury shares					$ 118,451,000			$ 58,925,000	$ 200,720,000	$ 71,019,000
Cash dividend paid (usd per share) | $ / shares					$ 0.25	$ 0.25	$ 0.25
Cash dividends declared					$ 42,050,000			28,487,000	$ 112,458,000	56,968,000
Common stock, authorized (in shares) | shares					400,000,000				400,000,000				400,000,000
Common stock, outstanding (in shares) | shares					109,922,076				109,922,076				111,737,245
Distribution to noncontrolling interest									$ 10,601,000	15,929,000
Decrease from distributions to noncontrolling interest					$ 1,960,000			6,984,000	10,601,000	15,929,000
Accumulated deficit
Subsidiary, Sale of Stock [Line Items]
Cash dividends declared					27,645,000			$ 28,487,000	$ 83,677,000	$ 56,968,000
O 2024 Q1 Dividends | Accumulated deficit
Subsidiary, Sale of Stock [Line Items]
Cash dividends declared							$ 28,000,000
O 2024 Q2 Dividends | Accumulated deficit
Subsidiary, Sale of Stock [Line Items]
Cash dividends declared						$ 28,000,000
O 2024 Q3 Dividends | Accumulated deficit
Subsidiary, Sale of Stock [Line Items]
Cash dividends declared					$ 27,700,000
April 2016 Equity Repurchase Program
Subsidiary, Sale of Stock [Line Items]
Stock repurchase program, authorized amount															$ 1,000,000,000
Treasury stock, acquired (in shares) | shares					1,464,773			596,948	2,206,113	596,948
Treasury stock acquired (usd per share) | $ / shares					$ 80.37			$ 94.11	$ 84.19	$ 94.11
Shares repurchased by the Company and held as treasury shares					$ 117,700,000			$ 56,200,000	$ 185,700,000	$ 56,200,000
Remaining authorized repurchase amount					$ 247,700,000				$ 247,700,000
WML | Subsidiaries
Subsidiary, Sale of Stock [Line Items]
Cash dividend paid (usd per share) | $ / shares		$ 0.075		$ 0.075
Cash dividends	$ 50,500,000		$ 50,400,000
Goldman Sachs International | Securities Lending Agreement | WM Cayman I
Subsidiary, Sale of Stock [Line Items]
Common stock, authorized (in shares) | shares														459,774,985
WML
Subsidiary, Sale of Stock [Line Items]
Company's share of dividend	36,100,000		36,000,000
Decrease from distributions to noncontrolling interest	$ 14,400,000		$ 14,400,000
Wynn Palace and Wynn Macau
Subsidiary, Sale of Stock [Line Items]
Percentage of ownership					72%				72%
Subsequent Event
Subsidiary, Sale of Stock [Line Items]
Stock repurchase program, authorized amount												$ 1,000,000,000
Additional amount authorized												$ 766,000,000
Dividends payable (usd per share) | $ / shares											$ 0.25
Subsequent Event | Goldman Sachs International | Securities Lending Agreement | WM Cayman I
Subsidiary, Sale of Stock [Line Items]
Common stock, outstanding (in shares) | shares											179,774,985

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets:
Cash equivalents	$ 512,229	$ 1,802,712
Fixed deposits		550,000
Liabilities:
WML Convertible Bond Conversion Option Derivative	75,894	73,744
Fair Value, Measurements, Recurring
Assets:
Cash equivalents	512,229	1,802,712
Restricted cash	1,301,424	90,226
Fixed deposits		550,000
Interest rate collar		5,769
Liabilities:
WML Convertible Bond Conversion Option Derivative	75,894	73,744
Fair Value, Measurements, Recurring | Quoted Market Prices in Active Markets (Level 1)
Assets:
Cash equivalents	0	0
Restricted cash	1,212,316	2,170
Fixed deposits		0
Interest rate collar		0
Liabilities:
WML Convertible Bond Conversion Option Derivative	0	0
Fair Value, Measurements, Recurring | Other Observable Inputs (Level 2)
Assets:
Cash equivalents	512,229	1,802,712
Restricted cash	89,108	88,056
Fixed deposits		550,000
Interest rate collar		5,769
Liabilities:
WML Convertible Bond Conversion Option Derivative	0	0
Fair Value, Measurements, Recurring | Unobservable Inputs (Level 3)
Assets:
Cash equivalents	0	0
Restricted cash	0	0
Fixed deposits		0
Interest rate collar		0
Liabilities:
WML Convertible Bond Conversion Option Derivative	$ 75,894	$ 73,744

Customer Contract Liabilities S

Customer Contract Liabilities Schedule of Customer Contract Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Revenue Recognition [Abstract]
Casino outstanding chips and front money deposits	$ 441,712	$ 397,828	$ 433,269	$ 390,531
Change in outstanding chips and front money deposits	8,443	7,297
Advanced room deposits and ticket sales	84,133	97,705	89,640	85,019
Change in advanced room deposits and ticket sales	(5,507)	12,686
Other gaming related liabilities	14,829	25,208	24,964	31,265
Change in other gaming related liabilities	(10,135)	(6,057)
Loyalty program liabilities	29,001	34,215	31,106	35,083
Change in loyalty program liabilities	(2,105)	(868)
Total customer contract liabilities	569,675	554,956	$ 578,979	$ 541,898
Change in total customer contract liabilities	$ (9,304)	$ 13,058

Stock-Based Compensation - Shar

Stock-Based Compensation - Share Based Compensation Allocated Costs (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 13,670	$ 16,144	$ 44,206	$ 49,139
Total stock-based compensation capitalized	1,332	1,563	3,953	3,697
Total stock-based compensation costs	15,002	17,707	48,159	52,836
Casino
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	777	550	2,243	1,539
Rooms
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	275	197	771	598
Food and beverage
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	597	376	1,586	1,178
Entertainment, retail and other
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	551	946	1,991	6,831
General and administrative
Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 11,470	$ 14,075	$ 37,615	$ 38,993

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income tax expense	$ 17,127	$ (2,749)	$ 45,076	$ 2,574
Federal statutory rate			21%
Effective tax rate			12.40%
Complementary tax rate			12%

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, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Numerator:
Net income (loss) attributable to Wynn Resorts, Limited - basic	$ (32,053)	$ (116,678)	$ 224,106	$ 838
Assumed conversion of WML Convertible Bonds (1)	0	0	0	0
Net income (loss) attributable to Wynn Resorts, Limited - diluted	$ (32,053)	$ (116,678)	$ 224,106	$ 838
Denominator:
Weighted average common shares outstanding (shares)	109,727	112,797	110,559	112,813
Potential dilutive effect of stock options and restricted stock (shares)	0	0	251	319
Weighted average common and common equivalent shares outstanding (shares)	109,727	112,797	110,810	113,132
Net income (loss) attributable to Wynn Resorts, Limited per common share, basic (in usd per share)	$ (0.29)	$ (1.03)	$ 2.03	$ 0.01
Net income attributable to Wynn Resorts, Ltd. per common share, diluted (in usd per share)	$ (0.29)	$ (1.03)	$ 2.02	$ 0.01
Antidilutive securities excluded from computation of earnings per share (shares)	383	1,255	334	308

Leases - Minimum and Contingent

Leases - Minimum and Contingent Operating Lease Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Minimum rental income	$ 34,529	$ 33,196	$ 102,537	$ 98,845
Contingent rental income	13,835	20,700	50,707	74,670
Total rental income	$ 48,364	$ 53,896	$ 153,244	$ 173,515

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions			3 Months Ended	9 Months Ended
	Sep. 06, 2024	Aug. 22, 2024	Sep. 30, 2024	Sep. 30, 2024
Securities Class Action
Loss Contingencies [Line Items]
Amount awarded		$ 70
Settlement expense		$ 9.4	$ 9.4	$ 9.4
Federal Investigation
Loss Contingencies [Line Items]
Settlement expense	$ 130		$ 130	$ 130

Retail Joint Venture - Addition

Retail Joint Venture - Additional information (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule of Variable Interest Entities [Line Items]
Assets	$ 14,111,399	$ 13,996,223
Liabilities	15,176,877	15,097,157
Long-term debt	11,786,562	11,738,337
Retail Joint Venture | Retail
Schedule of Variable Interest Entities [Line Items]
Assets	109,900	102,500
Liabilities	621,900
Long-term debt	$ 614,500	$ 614,100

Segment Information - Summary o

Segment Information - Summary of Results of Operations by Segment (Details) - USD ($) $ in Thousands			3 Months Ended		9 Months Ended
	Sep. 06, 2024	Aug. 22, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Total operating revenues			$ 1,693,323	$ 1,671,936	$ 5,289,164	$ 4,691,437
Adjusted Property EBITDA			527,677	530,361	1,745,867	1,484,565
Other operating expenses
Pre-opening			2,457	867	6,050	6,822
Depreciation and amortization			156,273	171,969	507,611	510,743
Impairment of goodwill and intangible assets			0	93,990	0	94,490
Property charges and other			150,475	114,288	206,238	132,265
Corporate expenses and other			36,184	35,104	109,799	102,342
Stock-based compensation			13,670	16,144	44,206	49,139
Triple-net operating lease rent expense			35,381	35,404	106,127	106,318
Total other operating expenses			394,440	467,766	980,031	1,002,119
Operating income			133,237	62,595	765,836	482,446
Other non-operating income and expenses
Interest income			30,729	46,534	105,785	130,854
Interest expense, net of amounts capitalized			(167,922)	(188,571)	(524,922)	(566,554)
Change in derivatives fair value			(5,523)	(50,637)	(7,920)	(3,255)
(Loss) gain on debt financing transactions			(109)	2,928	(1,670)	(12,683)
Other			21,300	3,861	25,323	(19,794)
Total other non-operating income and expenses			(121,525)	(185,885)	(403,404)	(471,432)
Income before income taxes			11,712	(123,290)	362,432	11,014
(Provision) benefit for income taxes			(17,127)	2,749	(45,076)	(2,574)
Net income (loss)			(5,415)	(120,541)	317,356	8,440
Net income (loss) attributable to noncontrolling interests			(26,638)	3,863	(93,250)	(7,602)
Net income (loss) attributable to Wynn Resorts, Limited - basic			(32,053)	(116,678)	224,106	838
Gain on sale of certain assets					24,600
Wynn Interactive's Digital Sports Betting And Casino Gaming Business
Other non-operating income and expenses
Contract termination and other costs			12,500		12,500
Federal Investigation
Other non-operating income and expenses
Settlement expense	$ 130,000		130,000		130,000
Securities Class Action
Other non-operating income and expenses
Settlement expense		$ 9,400	9,400		9,400
Construction in Progress
Other non-operating income and expenses
Expensed amount					61,500
Operating Segments | Total Macau Operations
Segment Reporting Information [Line Items]
Total operating revenues			871,747	819,789	2,755,710	2,189,821
Adjusted Property EBITDA			262,877	254,987	882,803	656,987
Operating Segments | Total Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues			519,790	524,773	1,654,740	1,362,486
Adjusted Property EBITDA			162,283	177,048	549,112	444,713
Operating Segments | Total Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues			351,957	295,016	1,100,970	827,335
Adjusted Property EBITDA			100,594	77,939	333,691	212,274
Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues			607,172	618,966	1,872,374	1,783,802
Adjusted Property EBITDA			202,720	219,740	679,315	675,458
Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues			214,121	210,403	644,513	648,641
Adjusted Property EBITDA			63,018	60,498	188,284	193,016
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Total operating revenues			283	22,778	16,567	69,173
Adjusted Property EBITDA			(938)	(4,864)	(4,535)	(40,896)
Casino
Segment Reporting Information [Line Items]
Total operating revenues			1,018,754	972,453	3,149,166	2,652,444
Casino | Operating Segments | Total Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues			418,043	418,043	1,336,788	1,054,007
Casino | Operating Segments | Total Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues			296,781	230,294	923,851	649,627
Casino | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues			145,186	168,130	410,023	460,606
Casino | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues			158,744	155,986	478,504	488,204
Rooms
Segment Reporting Information [Line Items]
Total operating revenues			284,765	289,338	916,700	838,372
Rooms | Operating Segments | Total Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues			49,145	54,309	153,287	151,311
Rooms | Operating Segments | Total Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues			23,755	31,673	76,116	79,774
Rooms | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues			187,123	178,518	617,071	541,392
Rooms | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues			24,742	24,838	70,226	65,895
Food and beverage
Segment Reporting Information [Line Items]
Total operating revenues			262,597	267,432	810,939	757,079
Food and beverage | Operating Segments | Total Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues			31,506	26,215	93,405	75,028
Food and beverage | Operating Segments | Total Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues			19,524	18,287	60,546	47,255
Food and beverage | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues			191,776	203,066	593,804	570,695
Food and beverage | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues			19,791	19,864	63,184	64,101
Entertainment, retail and other
Segment Reporting Information [Line Items]
Total operating revenues			127,207	142,713	412,359	443,542
Entertainment, retail and other | Operating Segments | Total Macau Operations | Wynn Palace
Segment Reporting Information [Line Items]
Total operating revenues			21,096	26,206	71,260	82,140
Entertainment, retail and other | Operating Segments | Total Macau Operations | Wynn Macau
Segment Reporting Information [Line Items]
Total operating revenues			11,897	14,762	40,457	50,679
Entertainment, retail and other | Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Total operating revenues			83,087	69,252	251,476	211,109
Entertainment, retail and other | Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Total operating revenues			10,844	9,715	32,599	30,441
Entertainment, retail and other | Corporate, Non-Segment
Segment Reporting Information [Line Items]
Total operating revenues			$ 283	$ 22,778	$ 16,567	$ 69,173

Segment Information - Summary_2

Segment Information - Summary of Assets by Segment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
Assets	$ 14,111,399	$ 13,996,223
Corporate and other
Segment Reporting Information [Line Items]
Assets	3,524,699	3,129,761
Operating Segments | Total Macau Operations
Segment Reporting Information [Line Items]
Assets	5,521,334	5,686,650
Operating Segments | Las Vegas Operations
Segment Reporting Information [Line Items]
Assets	3,086,335	3,173,247
Operating Segments | Encore Boston Harbor
Segment Reporting Information [Line Items]
Assets	1,979,031	2,006,565
Operating Segments | Macau | Wynn Palace
Segment Reporting Information [Line Items]
Assets	2,865,203	2,936,264
Operating Segments | Macau | Wynn Macau
Segment Reporting Information [Line Items]
Assets	1,278,324	1,864,211
Operating Segments | Macau | Other Macau
Segment Reporting Information [Line Items]
Assets	$ 1,377,807	$ 886,175