WYNN - Wynn: Shipping Up To Boston
Currently, Wynn’s (WYNN) future trajectory is dependent on a couple of planned developments in Boston and Macau, along with the macro-economic factors surrounding China.
The company’s three locations: Las Vegas, Boston, and Macau, have advantages in terms of tourism, disposable income, and infrastructure which provide a strong base for future growth.
There could be additional upside from the Boston development project with more area available for development and monetization near the existing Encore Boston Harbor ((EBH)) project.
Furthermore, most of the capex requirement in Boston is expected to be fulfilled by 2019 (excluding