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Segment Information
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Information Segment InformationThe Company reviews the results of operations for each of its operating segments, and identifies reportable segments based upon factors such as geography, regulatory environment, and the Company's organizational and management reporting structure. Wynn Macau and Encore, an expansion at Wynn Macau, are managed as a single integrated resort and have been aggregated as one reportable segment ("Wynn Macau"). Wynn Palace is presented as a separate reportable segment and is combined with Wynn Macau for geographical presentation. Other Macau primarily represents the assets for the Company's Macau holding company. Wynn Las Vegas, Encore, an expansion at Wynn Las Vegas, and the Retail Joint Venture are managed as a single integrated resort and have been aggregated as one reportable segment ("Las Vegas Operations"). On June 23, 2019, the Company opened Encore Boston Harbor, an integrated resort in Everett, Massachusetts. Encore Boston Harbor is presented as one reportable segment.
The following tables present the Company's segment information (in thousands):
Years Ended December 31,
202020192018
Operating revenues
Macau Operations:
Wynn Palace
Casino$368,284 $2,139,756 $2,356,022 
Rooms46,110 174,576 170,067 
Food and beverage43,198 117,376 110,638 
Entertainment, retail and other (1)
47,828 111,986 120,839 
505,420 2,543,694 2,757,566 
Wynn Macau
Casino344,595 1,796,209 1,994,885 
Rooms39,111 110,387 113,495 
Food and beverage33,094 81,576 76,369 
Entertainment, retail and other (1)
57,857 81,857 109,776 
474,657 2,070,029 2,294,525 
Total Macau Operations980,077 4,613,723 5,052,091 
Las Vegas Operations:
Casino236,826 394,104 434,083 
Rooms202,073 483,055 468,238 
Food and beverage216,426 558,782 567,121 
Entertainment, retail and other (1)
92,622 197,516 196,127 
Total Las Vegas Operations747,947 1,633,457 1,665,569 
Encore Boston Harbor:
Casino287,525 243,855 — 
Rooms20,679 36,144 — 
Food and beverage36,866 61,088 — 
Entertainment, retail and other (1)
16,596 22,832 — 
Total Encore Boston Harbor 361,666 363,919 — 
Corporate and other:
Entertainment, retail and other6,171 — — 
Total Corporate and other6,171 — — 
Total operating revenues$2,095,861 $6,611,099 $6,717,660 
Years Ended December 31,
202020192018
Adjusted Property EBITDA (2)
Macau Operations:
Wynn Palace$(149,647)$729,535 $843,902 
Wynn Macau(87,189)648,837 733,238 
              Total Macau Operations(236,836)1,378,372 1,577,140 
Las Vegas Operations(56,356)413,886 467,273 
Encore Boston Harbor(23,762)23,150 — 
Corporate and other(7,351)— — 
Total(324,305)1,815,408 2,044,413 
Other operating expenses
Litigation settlement— — 463,557 
Pre-opening6,506 102,009 53,490 
Depreciation and amortization725,502 624,878 550,596 
Property charges and other67,455 20,286 60,256 
Corporate expenses and other (3)
46,023 150,228 144,479 
Stock-based compensation (4)
62,254 39,702 36,491 
Total other operating expenses907,740 937,103 1,308,869 
Operating income (loss)(1,232,045)878,305 735,544 
Other non-operating income and expenses
Interest income15,384 24,449 29,866 
Interest expense, net of amounts capitalized (556,474)(414,030)(381,849)
Change in derivatives fair value(13,060)(3,228)(4,520)
Change in Redemption Note fair value— — (69,331)
(Loss) gain on extinguishment of debt(4,601)(12,437)104 
Other28,521 15,159 (4,074)
Total other non-operating income and expenses(530,230)(390,087)(429,804)
Income (loss) before income taxes(1,762,275)488,218 305,740 
       (Provision) benefit for income taxes(564,671)(176,840)497,344 
Net income (loss)(2,326,946)311,378 803,084 
       Net income (loss) attributable to noncontrolling interests259,701 (188,393)(230,654)
Net income (loss) attributable to Wynn Resorts, Limited$(2,067,245)$122,985 $572,430 
(1)Includes lease revenue accounted for under lease accounting guidance. For more information on leases, see Note 15, "Leases".
(2)"Adjusted Property EBITDA" is net income (loss) before interest, income taxes, depreciation and amortization, pre-opening expenses, property charges and other, management and license fees, corporate expenses and other (including intercompany golf course and water rights leases), stock-based compensation, change in derivatives fair value, loss on extinguishment of debt, and other non-operating income and expenses. Adjusted Property EBITDA is presented exclusively as a supplemental disclosure because management believes that it is widely used to measure the performance, and as a basis for valuation, of gaming companies. Management uses Adjusted Property EBITDA as a measure of the operating performance of its segments and to compare the operating performance of its properties with those of its competitors, as well as a basis for determining certain incentive compensation. We also present Adjusted Property EBITDA because it is used by some investors to measure a company's ability to incur and service debt, make capital expenditures and meet working capital requirements. Gaming companies have historically reported EBITDA as a supplement to GAAP. In order to view the operations of their casinos on a more stand-alone basis, gaming companies, including us, have historically excluded from their EBITDA calculations preopening expenses, property charges, corporate expenses and stock-based compensation, that do not relate to the management of specific casino properties. However, Adjusted Property EBITDA should not be considered as an alternative to operating income as an indicator of our performance, as an alternative to cash flows from operating activities as a measure of liquidity, or as an alternative to any other measure determined in accordance with GAAP. Unlike net income (loss), Adjusted Property EBITDA does not include depreciation or interest expense and therefore does not reflect current or future capital expenditures or the cost of capital. We have significant uses of cash flows, including capital expenditures, interest payments, debt principal repayments, income taxes and other non-recurring charges, which are not reflected in Adjusted Property EBITDA. Also, our calculation of Adjusted Property EBITDA may be different from the calculation methods used by other companies and, therefore, comparability may be limited.
(3)For the year ended December 31, 2020, includes a $30.2 million net gain recorded in relation to a derivative litigation settlement. For the year ended December 31, 2019, includes a $35.0 million nonrecurring regulatory expense.
(4)Excludes $0.7 million included in pre-opening expenses for the years ended December 31, 2019 and 2018. Excludes a credit of $2.2 million included in property charges and other expenses in 2018.
Years Ended December 31,
202020192018
Capital expenditures
Macau Operations:
Wynn Palace$46,717 $66,545 $89,617 
Wynn Macau49,845 142,112 62,542 
Total Macau Operations96,562 208,657 152,159 
Las Vegas Operations85,882 96,928 73,029 
Encore Boston Harbor61,342 471,381 791,250 
Corporate and other46,329 286,327 459,534 
Total$290,115 $1,063,293 $1,475,972 

December 31,
202020192018
Assets
Macau Operations:
Wynn Palace$3,393,790 $3,734,210 $3,858,904 
Wynn Macau1,202,709 1,656,625 1,903,921 
Other Macau2,026,098 1,023,411 68,487 
Total Macau Operations6,622,597 6,414,246 5,831,312 
Las Vegas Operations2,992,870 2,806,972 2,792,508 
Encore Boston Harbor2,300,016 2,456,667 1,865,286 
Corporate and other1,954,064 2,193,396 2,727,163 
Total$13,869,547 $13,871,281 $13,216,269 

December 31,
202020192018
Long-lived assets
Macau$3,989,797 $4,321,970 $4,387,051 
United States5,738,343 5,909,847 5,166,537 
Total$9,728,140 $10,231,817 $9,553,588