, we project free cash flow of $132 million in 2017. Using our projected total debt of $9.93 billion and cash interest of $365 million, we estimate Wynn Resorts will end the year with leverage of 6.0x and coverage of 4.5x. Factoring consolidated cash of $2.83 billion, we estimate net leverage at 4.3x. For

1.1. 5.1% YTW, 273bps STW) given our belief that these notes are trading at attractive levels based on relative value. For 2017, we are projecting Wynn Resorts will generate Adjusted EBITDA of $1.64 billion (+44.5% versus $1.14 billion) on revenues of $6.16 billion (+38.0% versus $4.47 billion). Factoring

nd the year with leverage of 5.6x and coverage of 4.8x. Factoring consolidated cash of $2.58 billion, we estimate net leverage at 4.1x. [Exhibit 8: Wynn Resorts ($ Millions) 2015(A) 2018(A) L1M 2017(E) 2018(E) Cconeallditsd EBITDA $1,071 $1.138 51,535 51,843 $1,815 Less: Capital Expenditures 1,92

cause of his business interests in Macau, hand-delivered a letter to Trump seeking Guo's deportation, The Journal reported last year. A spokesman for Wynn Resorts has said that the report about Wynn's role was false. At the time, the president expressed interest in assisting the Chinese, but was met with resist

w the "satisfactory" level.Las Vegas Sands (LVS), Wynn Resorts (WYNN) and other casino operators with a presence

): Blackstone's improved $6.5 billion bid for Crown Resorts was rejected by the Australian casino operator, w

awyers who have children. Read full article » Analysis GC Missteps Loom Large In Mass. Regulator's Wynn Probe Executives in the legal division of Wynn Resorts were among those flagged in a regulator's report detailing how sexual abuse allegations against ex-CEO and Chairman Steve Wynn were swept under the

iviera Riviera Holding Corp. Treasure Island Phil Ruffin Tropicana Resort and Casino Onex Corp. Venetian/Palazzo Wynn/Encore Las Vegas Sands, Inc. Wynn Resorts ROOMS 1,613 2,960 2,814 3,933 3,340 4,004 3,991 3,565 2,526 4,408 4,332 5,001 3,044 3,213 2,024 1,028 703 2,916 2,496 2,072 2,885 1,878 7,095 4,750

speaks at 12:45pm on ways to strengthen economy*** ***Conferences: UBS Financial Services (NYC), Bofa Global Tech (SF), Wells Industrial (NYC)*** Wynn Resorts earnings fell 19% (missed ests) as Las Vegas revs fell 8.1% (trading -1.5%) Penn National Gaming to acquire Harrah's St. Louis from Caesars Enterta

ited outsiders to upgrade its gaming facilities and image—and provide more tax revenue. Adelson's company, along with such others as MGM Mirage and Wynn Resorts, leaped at the chance. They saw increasingly affluent China as their real market and hoped to lure to their tables many from the richest portion of

ernment will grant at least six licenses. We remind investors that the monopoly of gaming in Macau was ended in 2001 by granting gaming licenses to Wynn Resorts, Galaxy- Las Vegas Sands, and Sociedade de Jogos de Macau (SJM). Galaxy and Sands, however, were allowed to split and Wynn and SJM were later allow

ory, we recommend Bova Gamina. Eldorado Resorts. Eyed Holdinas Golden Nuaaet, Mohegan Gaming, Penn National. Red Rock Resorts (Station Casinos) and Wynn Resorts. Exhibit 3: Higher Yield For Higher t. evelage Recommenciatione Security Rating MYSIS&P Principel Price YlW STW BYD 6.375% Sr Unsec 2026 Buy

awyers who have children. Read full article » Analysis GC Missteps Loom Large In Mass. Regulator's Wynn Probe Executives in the legal division of Wynn Resorts were among those flagged in a regulator's report detailing how sexual abuse allegations against ex-CEO and Chairman Steve Wynn were swept under the