Wynn Resort Essay Example for Free

Wynn Resort Essay1.) objectTo know if what is the overall strategy of Steve Wynn to make Wynn Resorts, Ltd. on the right track and quite a notable company.2.) Statement of the ProblemThere be three problems which I found out in the case, and these are the three challenges that Wynn will have to face, and the future may throw some curveballs along the way. First is remove to secure a way to maintain the competitive advantage as increased competition is infix both domestically and abroad into the gaming industry. Second, The Macau government reserves the right to take control of the Wynn casino in 2017 this would be detrimental to the profits for the company, and some solutions will need to be devised to ensure that the endurance of the company is not majorly dependent on the revenues generated by Wynn Macau resort and casino. A third concern astir(predicate) future success, but certainly not the final concern, is the loss of Steve Wynn himself. Losing Steve Wynn would mean losing his expertise, passion and governmental ties. In the most likely scenario, a loss of Steve Wynn may result in the sale of the firm to a competing company, such as MGM Inc.3.) Alternative Courses and ActionsWynn must focus on differentiating the company by concentrating on the melodic line and design of the resorts. Wynn Resort must enhance customers service and luxury as full-service provider.4.) recommendationWynn must not only focus to target high-end gaming customers, but he must alike offer affordable goods and services to the middle-income clients. This segment includes vacationers and younger people looking for relatively inexpensive ready to say with the understanding that most of their budget will go to dining and entertainment.Bibliography1. http//www.studymode.com/essays/Swot-Analysis-Wynn-Ltd-946073.html 2. http//www.investingvalue.com/investment-leaders/steve-wynn/index.html