
Wynn Macau, Limited
- Founded
- 2005-01-01 in Macau, China
- Headquarters
- Macau, China
Wynn Macau, Limited (incorporated in 2005, Macau, China) is the wholly owned subsidiary of Wynn Resorts, Limited that develops, owns, and operates two landmark integrated resorts in Macau: Wynn Macau (opened September 2006) on the Macau peninsula and Wynn Palace (opened August 2016) in the Cotai district. Known for its ultra-luxury positioning, the company offers a comprehensive suite of hospitality services including casino gaming, five-star hotel accommodations, Michelin-starred dining, high-end retail, and convention facilities. Wynn Macau, Limited is listed on the Hong Kong Stock Exchange (ticker: 1128.HK) and is headquartered in Macau. The company employs approximately 13,000 people in the region, making it one of the largest private employers in Macau. Its flagship brands – Wynn Macau and Wynn Palace – are consistently recognized by Forbes Travel Guide and the MICHELIN Guide for service excellence and culinary artistry. The company also operates the Wynn Rewards loyalty program across both properties. In recent years, Wynn Macau, Limited has focused on expanding its non‑gaming amenities and increasing shareholder returns through dividends and debt reduction.
Detailed Review
History and Founding
Wynn Macau, Limited was formed in 2005 as a Macau-registered company to enter the world's largest gambling market, led by legendary casino developer Steve Wynn. The first resort, Wynn Macau, opened on 6 September 2006 on the Macau peninsula, with a second phase (Encore at Wynn Macau) completed in 2010. In December 2007 the company secured a sub-concession from the Macau government, enabling legal casino operations. On 22 August 2016, Wynn Palace opened in the Cotai district, a sprawling resort on reclaimed land that cemented the company's position among Macau's top-tier operators.
Operations and Assets
The company runs two large integrated resorts: Wynn Macau (1,008 rooms, 60,000 sq ft casino, Michelin-starred Wing Lei restaurant) and Wynn Palace (1,706 rooms, performance lake, 24-hour casino). Both offer the Wynn Rewards loyalty programme. The company also maintains a charity arm, Wynn Care, founded in 2018.
Casino and Gaming Segment
Casino operations remain the primary revenue driver. Wynn Macau holds a Macau gaming sub-concession renewed through 2037 under the new concession regime. The casinos feature VIP, mass-market, and slot gaming. In the first quarter of 2026, Wynn Macau contributed US$330 million in operating revenues, while Wynn Palace generated US$681 million.
Non-Gaming Amenities
The company aggressively expands non-gaming offerings to meet Macau government requirements. Both properties host multiple Forbes Five-Star restaurants, designer retail boutiques (Chanel, Hermès, Louis Vuitton), and extensive meeting spaces. Wynn Macau also sponsors events such as Asia's 50 Best Bars and operates the Wynn Insider loyalty website.
Financial Position and Shareholder Returns
Wynn Macau is a cash-generative entity. In 2025 it redeemed US$1 billion in senior notes due 2026. The company regularly pays dividends out of strong free cash flow. In Q1 2026, parent Wynn Resorts increased the dividend from Wynn Macau.
Future Developments
A US$345 million expansion of Wynn Macau was announced in 2025, pending regulatory approvals, adding non-gaming facilities to the peninsula property.
Key Products
Wynn Macau
Original luxury hotel and casino resort on the Macau peninsula (opened 2006); 1,008 rooms.
Encore at Wynn Macau
Second hotel tower (2010) adding suites, restaurants, and a casino extension.
Wynn Palace
Cotai integrated resort (opened 2016); 1,706 rooms, a performance lake, and a 2-Michelin-star restaurant.
Wynn Rewards
Cross-property loyalty programme capturing gaming and non-gaming spend; includes a mobile app.
Wynn Care
Corporate charity brand and foundation established by Linda Chen in 2018; focuses on local community support.
Michelin-starred restaurants
Wing Lei (Cantonese, 2-star at Wynn Macau) and Mizumi (Japanese, 2-star at Wynn Palace).
Offices & Headcount
13000 employees (approx.)
Key Persons
Craig S. BillingsChief Executive Officer & Executive Director
- Linda Chen
President, Vice Chairman & Executive Director
- Price Alexander Karr
Chief Financial Officer
- Frederic Jean-Luc Luvisutto
Chief Operating Officer & Executive Director
Notable past members
- Craig S. Billings — Non-executive Director