Superior Value Creation for Shareholders and Bondholders
- $10,000 in June 1973 would have returned $4 million in May 2000
- CAGR of 24.9% from June 1973 through May 2000 versus 12.9% for the S&P 500
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Wynn Bonds are up 32 points since the offering in October 2002
Debt Ratings were raised several times from B in 1978 to BBB+ in 1996
- Wynn Resorts stock appreciated 167% since the IPO versus 19% for the S&P 500, 316% for MGM, 4% for Harrah’s, 125% for Mandalay and 87% for Caesars
(1) Stock Chart as of August 9 1, 2004