Risk factors

WYNN Resorts (WYNN) risk factors

Item 1A of every WYNN Resorts Ltd. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    40 risks2 new1 dropped8 reworded

    New risks focus on project execution, consumer demand and debt-covenant defaults that could accelerate obligations or let lenders seize assets.

    Filed Mar 02, 2026
  • FY2024 10-K risk factors
    39 risks

    Wynn Resorts faces high geographic concentration risk, relying entirely on Macau, Las Vegas, and Encore Boston Harbor for cash flow. The company carries $10.64 billion in total debt, creating heavy leverage and restrictive financial covenants. Operations are subject to intense regulatory scrutiny in multiple jurisdictions, including gaming concessions, strict anti-money laundering rules, and table caps.

    Filed Feb 13, 2025