Market ExpansionWynn is developing what likely becomes an iconic asset with significant contribution to free cash flow and EBITDA, all of which should be incremental to estimates and valuation.
Stock BuybackAn increase of its repurchase authorization to $1bn was announced, which could signal confidence in the company's future prospects.
UAE ProjectWynn's currently the sole operator with a gaming license, and is likely years ahead of peers who have yet to begin construction.