Wynn Resorts has quietly started sketching ideas for the big empty lot it owns on the west side of Las Vegas Boulevard, right across from Wynn Las Vegas and Encore. Nothing is approved and nothing is scheduled, but it is the first time in a while that company leaders have talked openly about what could go there.
Key Takeaways
- Wynn owns 38 acres on the west side of the Strip, across the street from Wynn and Encore. Today the land is mostly used for festivals and special events.
- CEO Craig Billings said on the company’s third-quarter earnings call Thursday that Wynn has begun to “doodle” with ideas for the site.
- Any project would likely lean on Wynn and Encore next door so it could be built for less than a stand-alone resort.
- The company’s top priority is still Wynn Al Marjan Island in the United Arab Emirates, which is expected to open in September 2027.
What’s Happening
Speaking to analysts on Nov. 5, Billings said Wynn has started thinking about how the land across the street could connect to its existing north Strip resorts. His point: by tying a new building to Wynn and Encore, the company could probably spend less overall than it would on a brand-new, free-standing integrated resort.
He was also clear that Las Vegas is not first in line. The company is focused on finishing Wynn Al Marjan Island, a 70-story resort with about 1,530 rooms, suites and villas and a 225,000-square-foot casino. Billings said room sales there should start soon.
The quarter itself was soft. Wynn reported net income of $17.3 million on $1.689 billion in revenue, down from $88.3 million on $1.834 billion a year earlier, and the stock fell 3.7% to $79.32 after the results missed analyst forecasts.
What It Means for Las Vegas
For locals, that lot is one of the biggest open pieces of land on the Strip. Any future build would mean construction jobs and, later, hotel and casino jobs on the north end.
Billings also sounded upbeat about the city overall. He said Las Vegas is doing well, Wynn’s room pricing power remains strong, and group and convention bookings for 2027 are running ahead of where 2026 and 2025 stood at this point. That is a good sign for anyone who works tourism, from dealers and servers to rideshare drivers.
What to Watch Next
- Any filing with Clark County for the west-side land, which would be the first real sign a project is moving.
- Wynn’s next earnings call for updates on timing and cost.
- Room sales and the opening date for Wynn Al Marjan Island, which will tie up the company’s attention through 2027.
- How the lot is used in the meantime: for now it stays a site for festivals and special events.
Sources
- Las Vegas Review-Journal: Wynn Resorts contemplating use for Las Vegas Boulevard land (Nov. 5, 2026)
For informational purposes only; not financial, investment or legal advice.
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