Wynn Resorts Announces Pricing of Private Offering of $750.0 Million Aggregate Principal Amount of Wynn Macau, Limited 5.25%

  Wynn Resorts Announces Pricing of Private Offering of $750.0 Million
  Aggregate Principal Amount of Wynn Macau, Limited 5.25% Senior Notes Due
  2021

Business Wire

LAS VEGAS -- March 13, 2014

Wynn Resorts, Limited (NASDAQ: WYNN) announced today the pricing by Wynn
Macau, Limited (the “Issuer”), a majority-owned subsidiary of Wynn Resorts,
Limited, of $750.0 million aggregate principal amount of 5.25% Senior Notes
due 2021 (the “Notes”). The Issuer issued $600.0 million aggregate principal
amount of 5.25% Senior Notes due 2021 (the “Original Notes”) on October 16,
2013. The Notes will constitute additional Notes under the indenture for the
Original Notes, will have the same terms and conditions as those of the
Original Notes, save for the issue date and the purchase price, and will be
consolidated and form a single series with the Original Notes. The Notes will
be issued at 100.75% of principal plus accrued interest from and including
October 16, 2013. Wynn Macau, Limited plans to use the net proceeds from the
offering for working capital requirements and general corporate purposes.

The Issuer will make the offering pursuant to an exemption under the
Securities Act of 1933, as amended (the “Securities Act”). The initial
purchasers of the Notes will offer the Notes only to qualified institutional
buyers in reliance on Rule 144A under the Securities Act or outside the United
States to certain persons in reliance on Regulation S under the Securities
Act. The Notes have not been and will not be registered under the Securities
Act or under any state securities laws. Therefore, the Issuer may not offer or
sell the Notes within the United States to, or for the account or benefit of,
any United States person unless the offer or sale would qualify for a
registration exemption from the Securities Act and applicable state securities
laws.

This press release does not constitute an offer to sell or a solicitation of
an offer to buy the Notes described in this press release, nor shall there be
any sale of the Notes in any state or jurisdiction in which such an offer,
sale or solicitation would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction.

Forward-Looking Statements

This release contains forward-looking statements, including those related to
the offering of Notes and whether or not the Issuer will consummate the
offering. Forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the
future and, accordingly, such results may differ from those expressed in any
forward-looking statements. These risks and uncertainties include, but are not
limited to, competition in the casino/hotel and resorts industries, the
Issuer’s dependence on existing management, levels of travel, leisure and
casino spending, general domestic or international economic conditions, and
changes in gaming laws or regulations. Additional information concerning
potential factors that could affect the Issuer’s financial results is included
in Wynn Macau, Limited’s annual report for the year ended December 31, 2012
and interim report for the six months ended June 30, 2013 and its other
reports filed with the Stock Exchange of Hong Kong Limited, and Wynn Resorts,
Limited’s periodic reports filed with the Securities and Exchange Commission.
Neither Wynn Resorts, Limited nor the Issuer is under any obligation to (and
expressly disclaim any such obligation to) update their forward-looking
statements as a result of new information, future events or otherwise, except
as required by law.

Contact:

Wynn Resorts, Limited
Lewis Fanger, 702-770-7555
Vice President
investorrelations@wynnresorts.com
 
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