case study

1. Weathering the Storm: A case study of Wynn Resorts\” financial performance during the economic downturn
by Toni Repetti and Jungsun (Sunny) Kim
Gaming companies were hit especially hard during the 2007-2009 recession and financial performance for 2011 was still uncertain. Wynn Resorts was one of the few gaming companies to produce a positive net income every year during the recession and continued to open new properties during that same period. This case study presents the financial performance for 2006 through 2010 for Wynn Resorts and that of their main competitors, Las Vegas Sands and MGM Resorts International. Wynn Resorts was trying to determine strategic plans for the future based on their financial performance and ratios as compared to their competitors.
After you have finished reading this case study, suggest at least three alternative strategic plans to Mr. Wynn in your analysis, and choose one of those options and explain why this is the best choice.