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Wynn Resorts10-K: Pricing pressure

Faces intense competition in Macau from SJM, Galaxy, Venetian, Melco, and MGM

What happened

Wynn explicitly names its five main competitors in the Macau market, indicating a highly competitive environment. This pressure could make the company more receptive to solutions that provide a competitive edge, improve operational efficiency, or enhance customer loyalty.

Source

SEC EDGARMar 2, 2026

Annual report (Form 10-K)

Wynn Resorts 10-K for FY2025

Filing excerpt

In addition to Wynn Resorts (Macau) S.A. ("Wynn Macau SA"), SJM Resorts, S.A. ("SJM"), Galaxy Casino, S.A. ("Galaxy"), Venetian Macau, S.A. ("Venetian Macau"), Melco Resorts (Macau) Limited ("Melco"), and MGM Grand Paradise Limited ("MGM Macau") are permitted to operate casinos in Macau, with a total of 20 casinos currently in operation.

sec.gov/Archives/edgar/data/1174922/000117492226000013/wynn-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Pricing pressure

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Mar 2, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Details

CIK
1174922
Accession number
0001174922-26-000013
Timeframe
Current year
Filing year
2026
Why it matters
Cost optimization needed
Signal category
Market

Topics and mentions

Competitors

  • SJM Resorts
  • S.A.
  • Galaxy Casino
  • Venetian Macau
  • Melco Resorts (Macau) Limited
  • MGM Grand Paradise Limited

Regions named

  • Macau

Competitors named

  • SJM Resorts, S.A.
  • Galaxy Casino, S.A.
  • Venetian Macau, S.A.
  • Melco Resorts (Macau) Limited
  • MGM Grand Paradise Limited

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Mar 3, 2026
signal_type
sec-10k
signal_subtype
pricingPressure

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/c59b101e-dce4-449b-8c20-e08aef2d4dd4 returns this record as JSON. POST /v1/companies/enrich returns every signal for wynnresorts.com.

{
  "signal_id": "c59b101e-dce4-449b-8c20-e08aef2d4dd4",
  "signal_type": "sec-10k",
  "signal_subtype": "pricingPressure",
  "detected_at": "2026-03-03T06:04:13.721+00:00",
  "company": {
    "name": "Wynn Resorts",
    "domain": "wynnresorts.com"
  },
  "data": {
    "detail": "Wynn explicitly names its five main competitors in the Macau market, indicating a highly competitive environment. This pressure could make the company more receptive to solutions that provide a competitive edge, improve operational efficiency, or enhance customer loyalty.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Faces intense competition in Macau from SJM, Galaxy, Venetian, Melco, and MGM",
    "excerpts": "In addition to Wynn Resorts (Macau) S.A. (\"Wynn Macau SA\"), SJM Resorts, S.A. (\"SJM\"), Galaxy Casino, S.A. (\"Galaxy\"), Venetian Macau, S.A. (\"Venetian Macau\"), Melco Resorts (Macau) Limited (\"Melco\"), and MGM Grand Paradise Limited (\"MGM Macau\") are permitted to operate casinos in Macau, with a total of 20 casinos currently in operation.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1174922/000117492226000013/wynn-20251231.htm",
    "filing_date": "2026-03-02",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Cost optimization needed",
    "signal_category": "market",
    "regions_mentioned": [
      "Macau"
    ],
    "competitors_mentioned": [
      "SJM Resorts, S.A.",
      "Galaxy Casino, S.A.",
      "Venetian Macau, S.A.",
      "Melco Resorts (Macau) Limited",
      "MGM Grand Paradise Limited"
    ]
  }
}

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