Geographical ExpansionWynn's Al Marjan Island project in the UAE is expected to contribute significantly to free cash flow and EBITDA, creating an iconic asset with incremental value to estimates and valuation.
Market PositioningWynn maintains its market share in Macau despite intense competition, with opportunities for growth through additional capital expenditures in entertainment and hospitality projects.
Stock RepurchaseAn increase in repurchase authorization to $1 billion indicates confidence in the company's future prospects, with active stock buybacks totaling $118 million.