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Washington, D.C. 20549FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from WYNN RESORTS, LIMITED (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting Large accelerated filerNon-accelerated filer AcceleratedfilerSmallerreportingcompanyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.ClassOutstanding at April 30, 202Common stock, par value $0.01104,554,301 Financial Information Financial Statements WYNN RESORTS, LIMITED AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS WYNN RESORTS, LIMITED AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF INCOME WYNN RESORTS, LIMITED AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(in thousands)(unaudited) WYNN RESORTS, LIMITED AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT WYNN RESORTS, LIMITED AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited) WYNN RESORTS, LIMITED AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 1 -Organization Wynn Resorts, Limited, a Nevada corporation (together with its subsidiaries, "Wynn Resorts" or the "Company"), is a designer,developer, and operator of integrated resorts featuring luxury hotel rooms, high-end retail space, an array of dining and entertainment In the Macau Special Administrative Region of the People's Republic of China ("Macau"), the Company owns approximately72% ofWynn Macau, Limited ("WML"), which includes the operations of the Wynn Palace and Wynn Macau resorts. The Company refers to WynnPalace and Wynn Macau as its Macau Operations. In Las Vegas, Nevada, the Company operates and, with the exception of certain retailspace, owns100% of Wynn Las Vegas. Additionally, the Company is a50.1% owner and managing member of a joint venture that owns andleases certain retail space at Wynn Las Vegas (the "Retail Joint Venture"). The Company refers to Wynn Las Vegas, Encore, an expansion at The Company has a40% equity interest in Island 3 AMI FZ-LLC ("Island 3"), an unconsolidated affiliate, which is constructing anintegrated resort property ("Wynn Al Marjan Island") in Ras Al Khaimah, United Arab Emirates, currently expected to open in 2027. Note 2 -Basis of Presentation and Significant Accounting Policies Basis of Presentation The accompanying condensed consolidated financial statements have been prepared by the Company pursuant to the rules andregulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financialstatements prepared in accordance with U.S. generally accepted accounting principles ("GAAP") have been condensed or omitted pursuantto such rules and regulations, although the Company believes that the disclosures herein are adequate to make the information presented notmisleading. In the opinion of management, the accompanying condensed consolidated financial statements reflect all adjustments, which are Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries,and entities the Company identifies as variable interest entities ("VIEs") of which the Company is determined to be the primary beneficiary.For information on the Company's VIEs, see Note 16, "Retail Joint Venture." If the entity does not qualify for consolidation and theCompany has significant influence over the operating and financial decisions of the entity, the Company accounts for the entity under the Use of Estimates The preparation of condensed consolidated financial statem