The casino is larger than the nearly 200,000 square-foot Wynn/Encore casino in Las Vegas, the largest casino in Las Vegas.ĭuring its 2019 investor conference, Wynn Resorts shared their preliminary forecast for Encore Boston Harbor. Overlooking the city of Boston, the $2.6-Billion, 3 million square-foot complex has 671 rooms, 'a 210,00-square-foot casino, 15 dining and lounge venues (including a buffet, of course), 50,000 square feet of indoor and outdoor event space, a spa with 16 treatment rooms, 10,000 square feet of retail space and a six-acre park,' according to CNBC. However, the new resort-casino's prospects might not be as great as Wynn Resorts and Wall Street analysts proclaim.Įncore Boston Harbor, Wynn Resorts' newest addition to their gambling empire, has now been open for over a month.
However, Wynn recently opened a brand new resort-casino in Massachusetts, where Bernstein suggests 16% of Wynn's EBITDA could eventually be generated. As more than 75% of Wynn's 2018 EBITDA came from Macau, their operations there will surely receive the lion's share of questioning, per usual. ( NASDAQ: WYNN) will report their 2nd-quarter financial results. Active contributors also get free access to SA Essential.
It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Editor's note: Seeking Alpha is proud to welcome DP Technologies as a new contributor.