Wynn Resorts Annual Report Essay Example | Topics and Well Written Essays - 1500 words

Wynn Resorts Annual Report - Essay Example the total revenue from $4, 184, 698, 000 in 2020 to $5, 269, 792,000 and an increase in net income from $160, 127, 000 in 2010 to $613, 371, 000 in 2011. The financial performance of the company has also been increasing as indicated by the increase in the company financial ratios. The company is preparing for the future by planning on new ventures. The company plans to increase it operations in order to reach the global customers, and that is why it plans to open more branches across the world in the future. In 201, the company opened an Encore at Wynn Macau as part of its expansion into luxuries hotels and Casino globally. Recently, the company has been proposing to apply for a construction of a hotel and Casino in Philadelphia as part of its efforts of increasing and diversifying its operations. The company has also introduced new products and services into the market like the introduction of spacious suites, additional gaming and retail space which were introduced in the Wynn Macau branch. Mission statement- Wynn Resorts Limited targets high worth individuals through the provision of a variety of socioeconomic activities in its resort industry and Casino. With its resorts in Macau and Las Vegas both at the Peoples Republic of China, the resort aims at reaching a global customer base. The resort also strives to the provision of new and innovative lodging and gaming amenities to all customers. It continually seeks for expansion opportunities and new ventures in order to make advancements in its Wynn brand and also to maximize shareholder wealth. Wynn Resorts Ltd continues to provide its customers with unique and quality gaming resort experience. It encourages employee training, growth and development in order to ensure hospitable and luxurious environment for all its customers. The main reason for choosing this article is because it talks of the current issues in Wynn Resorts Limited. The article talks on the new look in Limited and Las Vegas Sands Corp which