Wynn Resorts CEO Craig Billings told analysts during the company’s 4Q24 earnings call on Friday morning that any potential expansion of its Las Vegas assets would have to wait as the company focuses on its US$5.1 billion Wynn All Marjan Island development in the UAE and potential investment in Thailand.
The issue of future expansion opportunities was front and center during the call, with analysts also inquiring about Wynn’s efforts in New York City and the recent acquisition of Aspinalls in London from Australia’s Crown Resorts.