---
schema_version: "secwatch.filing_event.v1"
accession: "0001174922-23-000144"
form_type: "8-K"
ticker: "WYNN"
cik: "0001174922"
company_name: "WYNN RESORTS LTD"
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T13:54:47.187613+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Wynn Resorts to close WynnBET in 8 states, citing high marketing costs and better capital use

## Summary
- WynnBET to cease operations in Arizona, Colorado, Indiana, Louisiana, New Jersey, Tennessee, Virginia, and West Virginia.
- Operations in Nevada and Massachusetts will continue; New York and Michigan remain under review.
- CFO Julie Cameron-Doe says decision reflects 'higher and better uses of capital deployment' than outsized marketing spend.
- Capital investment will focus on states where Wynn Resorts maintains a physical presence.

## SEC filing metadata
- accession: 0001174922-23-000144
- form_type: 8-K
- ticker: WYNN
- cik: 0001174922
- company_name: WYNN RESORTS LTD
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174922/000117492223000144/0001174922-23-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174922/000117492223000144/wynn-20230811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174922-23-000144
- JSON: https://secwatch.observer/filing/0001174922-23-000144.json
- Plain text: https://secwatch.observer/filing/0001174922-23-000144.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.