Wynn Resorts Pauses Encore Remodel, Focuses on Global Expansion
Wynn Resorts has opted to delay a series of capital expenditure projects valued at approximately $375 million, including the highly anticipated remodel of its Encore tower in Las Vegas. CEO Craig Billings made the announcement during the company’s Q1 2025 earnings call, attributing the decision to ongoing uncertainty around U.S. tariffs, which have introduced cost unpredictability for construction-related materials. Although the operational […]
Wynn Resorts has opted to delay a series of capital expenditure projects valued at approximately $375 million, including the highly anticipated remodel of its Encore tower in Las Vegas. CEO Craig Billings made the announcement during the company’s Q1 2025 earnings call, attributing the decision to ongoing uncertainty around U.S. tariffs, which have introduced cost unpredictability for construction-related materials. Although the operational […]
