$WYNN · Financial Education · 2026-10-26

And one of those opportunities is Wynn Resorts. Wynn Resorts, nobody wants a piece of Wynn Resorts right now. Obviously. The stock is down 41.5 percent over the last year, isn't it?

Maybe it also had some tax-loss taking at the end of the year. Nobody wants any part of Wynn stock, and I'm looking at Wynn and saying to myself, I want as many Wynn shares as I can get over the next few months, right ?

Well, they have a property that's supposed to open next year, 2027, in the Middle East. Now, nobody wants anything to do with the Middle East right now , okay? We know what's going on in the Middle East, and everyone is against it and saying it's too risky.

They say, "Oh, they're opening a property there." "And I say, 'Do you know how much money there is in the Middle East? Do you think that's ridiculous?' But everyone jumps to the worst-case scenario.

They don't open their eyes to the long-term opportunities out there, and they adopt a very pessimistic outlook, and that's exactly what happened. So Wynn was heavily penalized because of this Middle Eastern property that hasn't opened yet.

It'll open next year because of what's happening with the geopolitical situation, right? And I think it's an incredible opportunity.

When Marina revealed that they're going to build a superyacht gateway for this too, right? I feel like people don't realize how much money there is in the Middle East . I really don't think so .

They should just do a little research. Just do a little research. And find out how much money there is in the Middle East , and find out how many wealthy Europeans like to vacation in the Middle East , and own properties there, and I say, I think it's a huge opportunity, man.

You know, I live in Vegas, you know that, right? I go to Wynn a lot. I'd say I go to Wynn at least once a month. Once At least one a month. Sometimes I go to Zero Bond at Wynn.

Sometimes I go to the Wynn side or sometimes the Encore side. And I go into the high-stakes room, right? And if I'm going to play anything , it's for a very short time. Like betting $300 on roulette or something .

I don't try to spend hours and hours playing like other people, because you know my fortune fluctuates a lot daily, so I'd need a lot of money to get that dopamine rush those people get, it's ridiculous.

So when I go into those high-stakes rooms , right? You have to realize that people are betting hundreds of thousands or millions of dollars in those rooms, okay? They're playing with $ 5,000 or $10,000 chips in stacks, right ?

And sometimes even more . When I go into those rooms, I'm the only American in the room. There are no other Americans in the room. They're all Chinese or European, right? Or Middle Eastern .

And this is happening in America at the Wynn Hotel. Las Vegas, okay? I'm the only American here, and I'm betting the least amount of money, right ? You have to understand the international base this company has and the sheer number of high-net-worth individuals they have on board . It's unbelievable.

And we know that Wynn's properties in Macau are amazing, right ? And sometimes people like to go to the Middle East, to Dubai or other places in the Middle East, to gamble. Or not gamble, because you usually ca n't do it there.

But they go on vacation with a lot of money. And now you have this epic resort that knows how to run things better than anyone else. Nobody knows how to run a luxury casino better than Wynn.

We know they're the cream of the crop. They're at the top, man. And that's why they attract all this money . Because you have to You see, people with money can go anywhere. Like all those people in the high-stakes room, when I walk in there, I know they can go anywhere in the world on vacation.

Anywhere. They can gamble at any casino in the world. These people have unlimited amounts of money. And yet they choose to do it at Wynn. So, you have to realize that this is a very special company with a very special clientele, right?

And Wynn's stock price is negatively impacted by this right now .

Gas prices are really high right now . So, people are saying, "Oh, maybe not as many people will be driving to Vegas." Sure, it might affect lower-end real estate, but it doesn't affect Wynn .

It doesn't affect Wynn . Man, someone who comes in with a $50,000 gambling budget to Wynn and Encore isn't worried if gas is a dollar more expensive . It just doesn't work that way.

And they're not worried if the flight costs $200 more. They're coming in with a quarter of a million dollars. What are we talking about here, right? This is not a "Win" client.

"Winn doesn't have that kind of clientele worried about gas prices being a little higher than usual or an extra trip cost. That's not how it works, man. Lower- end properties are definitely affected.

Like, someone who usually drives out of Los Angeles, if they look at the gas prices and have to pay seven dollars at the gas station there, they might say, 'You know what?'" "I can't go to the Paris Hotel in Las Vegas."

I can't, I can't do that, right? "That's not Wynn's customer base ." Come on, man. So, this is just nonsense, right?

That's not Wynn's customer base . Come on, man. So, this is just nonsense, right? Okay, what about Wynn's debt? Wynn has completely eliminated its nearest major debt hurdle by refinancing its 2027 senior bonds early.

In September 2026, the company issued $ 900 million in senior bonds maturing in 2035 for full repayment at 5.25%. The bonds were originally due to mature in 2027. In 2025, its subsidiary, Wynn Macau, similarly settled its 2026 obligations, pushing them to 2034, okay?

So, they have some bonds here in 2028. They have some in 2029. And some in 2030, right? Then in 2031, 2033, 2034, 2035. So, from now on and for the next few years, if interest rates go down, they have plenty of opportunities to refinance their debt at lower rates if they want to.

Of course, if you're assuming that rates will keep going up forever, that could be negative, but I don't believe that. Hmm , I don't think the economy will stay in good enough shape for rates to keep going up indefinitely. I think that would be pretty destructive, okay?

So, the moral of the story here is that Wynn is an incredible opportunity across the board, and all the things that are driving down the stock price in the short term are things that people will realize in the next year or two were ridiculous, and Wynn's stock price , in my opinion, in 2027, 2028, and maybe even 2029, will have an incredible run, and then people will realize, " Oh, that heavy selling that happened was ridiculous, and it was a