11285983 2015 12 31 2015 12 31 12 31 2015 2014 17,887,237 27,787,970 1,209,128 1,656,885 EBITDA 4,681,249 8,423,039 2,410,398 6,445,435 0.46 1.24 2016 4 19 0.602014 1.05 * 1
12 31 2015 2014 17,887,237 27,787,970 122,790 132,444 221,872 224,528 864,466 1,299,913 19,096,365 29,444,855 8,700,935 13,885,033 3,121,416 2,885,016 3 3,229,983 4,625,914 1,000,373 986,199 11,599 96,854 16,064,306 22,479,016 3,032,059 6,965,839 31,199 142,438 4 (595,628) (599,390) 12,853 (5,767) (41,078) (34,049) (22,545) (615,199) (496,768) 2,416,860 6,469,071 5 6,462 23,636 2,410,398 6,445,435 254 169 423 2,410,398 6,445,858 6 0.46 1.24 2
12 31 2015 2014 31,071,898 19,194,854 1,878,794 1,974,965 398,345 398,345 308,579 372,057 5,631 45,887 576,658 169,356 13,973 5,124 34,253,878 22,160,588 179,825 185,968 8 457,728 570,602 98,673 78,813 560,052 361,482 1,995 2,456 6,731,356 10,789,890 8,029,629 11,989,211 9 1,621,099 2,008,724 124,015 239,029 10 3,986,427 4,972,006 128,920 159,198 5 15,049 15,049 33,277 24,246 5,908,787 7,418,252 2,120,842 4,570,959 36,374,720 26,731,547 3
12 31 2015 2014 11 31,317,919 18,604,658 124,015 399,986 402,898 10 381,178 434,601 5 8,587 836 172,522 113,075 32,272,441 19,687,834 4,102,279 7,043,713 5,196 5,196 161,746 161,746 (50,184) (16,154) 3,985,521 6,892,925 4,102,279 7,043,713 4
1. 2015 12 31 2014 5 15 5
19 20102012 20112013 622 2015 12 31 6
2. 2015 12 31 3. 12 31 2015 2014 881,883 1,674,904 730,890 1,147,959 299,810 452,619 212,462 294,544 192,323 198,577 189,652 158,705 155,121 157,077 82,634 184,531 63,419 (24,710) 60,077 54,060 50,629 50,686 5,574 4,008 305,509 272,954 3,229,983 4,625,914 4. 12 31 2015 2014 884,056 715,106 43,361 73,424 94,232 82,066 (426,021) (271,206) 595,628 599,390 7
5. 20152014 12 31 12 31 2015 2014 15,049 15,049 (8,587) 8,587 6,462 23,636 2015 12 31 2014 12% 201412% 20152014 12 31 12 31 2015 2014 % % 2,416,860 6,469,071 290,023 12.0 776,289 12.0 (554,543) (22.9) (1,010,405) (15.6) 15,049 0.6 15,049 0.2 166,845 6.9 161,354 2.5 89,088 3.7 81,349 1.3 6,462 0.3 23,636 0.4 8
20152014 12 31 12 31 12 31 2015 2014 2015 2014 (59,534) (19,786) 39,748 19,786 (581) (5,510) (4,929) (4,086) (60,115) (25,296) 110,176 59,186 (50,990) (35,573) 11,491 12,829 1,338 1,273 272,030 232,403 (39,627) (22,366) 2,055 1,682 (373) (371) 219,518 180,698 (38,820) (42,278) 10,646 7,432 (3,214) (7,432) (565,801) (477,521) 88,280 99,634 60,115 16,709 (8,587) 8,587 (8,587) 201520142013 12 31 9.8576.9955.81720182017 2016 2015 12 31 5.65820144.775 9
2006 9 6 WRM12% 2010 11 30WRM2011 1 1 2015 12 312015 10 15WRM 2016 1 1 2020 12 31 2015 12 31 3.21020147.684 2009 6WRMWRM 2006 720700 2006 2010 11WRM 2011 82011 2015 1,5501,5002015 6 2WRM 2020 12 31 20112014 2014 2009 201020112015 6WRM 2012 2015 112012 WRM 2015 12 3122 201419 10
6. 2015 12 31 5,186,778,37820145,187,753,416 3,091,0002014650,0002014 7,511,000 2015 12 31 5,186,778,37820145,187,753,416 165,4492014681,4795,186,943,8272014 5,188,434,895 7. 12 31 2015 2014 2014 1.05 2013 5,446,461 20140.70 3,631,610 5,446,461 3,631,610 2016 3 30 0.60 2016 4 27 11
8. 12 31 2015 2014 570,244 565,185 5,014 4,665 102,493 155,505 677,751 725,355 (220,023) (154,753) 457,728 570,602 12 31 2015 2014 30 143,849 147,557 3160 80,666 115,596 6190 17,080 84,751 90 436,156 377,451 677,751 725,355 (220,023) (154,753) 457,728 570,602 14 2014 12 3112 12
2015 12 31 3.635 2015 12 312.839 2015 12 316.77820147.254 2014 1 1 163,902 (24,710) 15,561 2014 12 312015 1 1 154,753 63,419 1,851 2015 12 31 220,023 9. 2015201430 20152014 12 31 12 31 2015 2014 30 1,031,434 1,920,720 3160 52,060 13,444 6190 36,153 5,672 90 501,452 68,888 1,621,099 2,008,724 13
10. 20152014 12 31 12 31 2015 2014 673,937 958,574 1,737,443 2,441,930 959,910 949,858 77,670 77,670 537,467 543,974 3,986,427 4,972,006 381,178 434,601 4,367,605 5,406,607 11. 12 31 2015 2014 (a) 21,225,648 8,417,922 (b) 10,498,488 10,512,077 31,724,136 18,929,999 (406,217) (325,341) 31,317,919 18,604,658 (a) 2015 12 31WRM 237 17958 14
2015 9 30WRM 2015 9 30 WRM 194 25 237 30.5 43 5.50 WRM 7810 WRM 179 2018 122.5% 7.33% 2021 950%2020 9 2018 7 2017 7 WRM 1.502.25 WRM Palo WRM WRM Palo 32.913 180 WRM 2015 230220 2015 12 3125 (b) 13.5 1052021 10 155.25 WML 2021WML 2021 15
12. 2015 12 31 2015 2014 12 3120152014 12 31 12 31 2015 2014 555,487 684,474 12,153,005 7,623,623 1,642 3,773 12,710,134 8,311,870 12 31 2015 2014 # 11,398,086 12,481,781 26,618,462 14,401,006 4,266,959 7,267,012 42,283,507 34,149,799 16
12 31 2015 2014 # 34,235,520 22,151,362 18,358 9,226 34,253,878 22,160,588 # 398,345,000 2014398,345,000 17
2006 9 6 2007 122009 11 2010 4 284,00024 1,008 57,000 Bvlgari Cartier Chanel Dior Dunhill Ermenegildo Zegna Ferrari Giorgio Armani Graff Gucci Hermes Hugo Boss Jaeger-LeCoultre Loro Piana Louis Vuitton Miu Miu Piaget Prada Richard Mille Roger Dubuis Rolex Tiffany Vacheron Constantin Van Cleef & Arpels Versace Vertu 31,000 12 31 2015 2014 190 248 246 201 794 672 13 13 18
2015 227,000 1,700 320 2015 12 31 270 2013 7 29WRM Palo Leighton Contractors (Asia) Limited GMP GMP 2016206 2015 11 18 2016 3 25 2016 2016 CIMIC Group LimitedLeighton Holdings Limited 5% 450 1999 12 37 50 2015 12 31 2,2412004 2002215 2015 34.3% 19
2014 2014 2013 7.5% 2014 2002 2014 20143,150 2.6% 20153,070 2015 2015 12 31 32,200 5,95714,578 2006 12 31 12,978 2,7626,546 2015 12 3190.9% 20
2009 2002 WRMWRM 2015 12 3136 20 2009 4 2015 20162017 25.5% (Resorts World Sentosa)(Marina Bay Sands) (Resorts World Genting) Solaire (Solaire Resort and Casino)(City of DreamsManila) 21
80% 20% 20152014 12 31 3567 2014 12 312015 12 31 47.3% 2014 12 317.3062015 12 31 9,100 22
EBITDA EBITDA EBITDA EBITDA EBITDAWynn Resorts, Limited EBITDA EBITDA 12 31 2015 2014 3,032,059 6,965,839 1,000,373 986,199 425,223 169,559 11,599 96,854 128,031 110,694 83,964 93,894 EBITDA 4,681,249 8,423,039 23
12 31 2015 2014 (1) 17,887,237 27,787,970 (2) 122,790 132,444 (2) 221,872 224,528 (2) 864,466 1,299,913 19,096,365 29,444,855 449,024,510 838,206,096 (1) 12,867,822 23,662,624 37,661,198 42,786,573 (1) 7,345,574 9,196,243 30,708,952 41,994,652 (1) 1,468,038 2,041,115 (3) 458 461 (4) 120,951 195,440 (3) 708 679 (4) 5,680 8,235 24
(1) 12 31 2015 2014 12,867,822 23,662,624 7,345,574 9,196,243 1,468,038 2,041,115 161,510 172,104 (3,955,707) (7,284,116) 17,887,237 27,787,970 (2) 18 12 31 2015 2014 122,790 132,444 848,987 905,011 971,777 1,037,455 221,872 224,528 374,255 557,732 596,127 782,260 864,466 1,299,913 42,553 49,243 907,019 1,349,156 (3) (4) 25
2015 12 312014 12 31 201429435.1% 2015191 20142015 201427894.4%35.6% 2015179 93.7% 2014237 45.6% 2015129 20148,38246.4% 20154,490 20142.82% 20152.87% 2.7% 3.0% 20149220.1% 201573 201442812.0% 20153772014 21.5%201519.5% 20142028.1% 201515 2014420 26.9% 2015307 20148,23531.0% 20155,680 201416.569 5.6%27.0% 201512.0916.3% 2015 2014 1.3247.3% 20151.228 201410.374 6.3% 20159.718 26
12 31 2015 2014 20152,193 20142,259 2,503 2,580 96.5% 98.4% REVPAR 20152,117 20142,223 2,416 2,539 20142.245 1.2% 20152.219 20147.823 23.8% 2015 5.961 201412.99933.5% 20158.645 201413.49232.8% 20159.070 201413937.3% 2015 87 20142015 WRM 35%WRM4% 27
2014298.2% 201531 20144630.2% 201532 2014 2015 2015 20149.862 201510.004 5,740 2015 9 1 20149,690 20151,160 201422528.5% 2015161 20141.424 20153,120 2015 2014 20152014 20145.994 20155.956 28
20142015 3,4004,110 2015 650 20142,360 2015 WRM WRM 2014 WRM WRM 201464 62.6% 201524 2006 2015 12 3167 2015 9 30WRM 237 179 58 WRM 7810 WRM 29
13.5 10520215.25 12 31 2015 2014 31,317,919 18,604,658 1,621,099 2,008,724 124,015 363,044 399,986 402,898 4,367,605 5,406,607 128,920 159,198 205,799 137,321 (6,731,356) (10,789,890) (15,968) (7,580) 31,418,019 16,284,980 4,102,279 7,043,713 4,102,279 7,043,713 35,520,298 23,328,693 88.5% 69.8% 30
12 31 2015 2014 2,480.3 5,757.5 (12,676.6) (6,551.5) 6,134.8 (2,537.8) (4,061.5) (3,331.8) 10,789.9 14,130.4 3.0 (8.7) 6,731.4 10,789.9 201525 2014 58 2015 30 201470 2015127 201466 2015 127 2014 83 15 31
201561 2014 25 2015 2015 9 1232015 3 54 4.891 2.3902014 87 5.334 WML 2021 59 15 12 31 2015 2014 21,225,648 8,417,922 10,498,488 10,512,077 (406,217) (325,341) 31,317,919 18,604,658 2015 12 31 25 2015 12 31WRM 237 17958 32
2015 9 30WRM 2015 9 30WRM 194 25 237 30.5 43 5.50 WRM 78 (10 WRM 179 2018 122.5% 7.33% 2021 950% 2020 9 2018 72017 7 WRM 1.502.25 WRM Palo WRM WRM PaloWRM WRM WRM 32.913 180 WRM 33
WML 2021 13.5 1052021 10 155.25 WML 2021 WML 2021 34
2015 12 31 39.50.73 39.5 2.232.982017 7 2.438 18 0.6763 2.438 182.182.932017 7 20152014 12 31 35
WRM2016 2 2016 3 31 WRM2016 4 2015 12 31 2015 12 31 A.2.1 36
Stephen A. Wynn A.2.1 Wynn Wynn Wynn Wynn Wynn 2009 9 16 2010 3 232013 11 2015 12 31 37
2015 12 31 2015 12 31 16 2015 12 31 Okada WRMWRMKazuo OkadaOkada OkadaAruze USA, Inc. Universal Entertainment Corp.Okada Okada WRLWRM WRM OkadaWRM 2015 7 3 WRM 38
WRM WRM WRM 2015 9 14 WRM 2014 7 0.60 2016 4 19 2016 4 27 2016 4 152016 4 19 2016 4 14 4 30 183 17 1712 1716 17.18 Bruce Rockowitz 39
2015 9 30 WRM179 58 2015 12 31 14 2009 9 4 Wynn Resorts, Limited WRM2002 6 24 WRM Palo 51 2012 5 2 WRM 2010 4 21 40
10 Palo Real Estate Company Limited Palo Palo Real Estate Company Limited WRM 10% 1.00 0.001 41
2014 6 30 183 46 WML 2021 2013 1020216 475.25 2014 3 2020217.5 595.25 5983) WRM WRM WRM 2009 62011 7 2006 2006201020112015 720 1,550 WRM 42
WRM 2006 9 6 WRM74 121 2015 9 30 51 WRM Wynn Resorts, Limited Wynn Resorts WRL Wynn Resorts, Limited 43
REVPAR 6/2002 44
2016 3 30 Stephen A. Wynn Stephen A. Wynn Bruce Rockowitz 45