Wynn Reports Macau Expansion

4 May 2005

LAS VEGAS -- (PRESS RELEASE) -- Wynn Resorts, Limited (Nasdaq:WYNN) announced today preliminary plans for the expansion of its Wynn Macau resort, currently under construction in the Macau Special Administrative Region of the People's Republic of China. The resort, which is scheduled to open in the third quarter of 2006, will initially utilize approximately 11 acres of approximately 16 acres of land leased from the government of Macau, and will consist of approximately 600 hotel rooms; approximately 100,000 square feet of casino gaming space featuring 200 table games and 350 slot machines; seven restaurants; approximately 28,000 square feet of retail space; a spa; a salon; and entertainment facilities.

The expansion plans call for an additional 85,000 square feet of casino space featuring approximately 150 additional table games, 500 more slots and a sports book; two additional restaurants; a theater; and a dramatic front feature attraction at the entrance of the expansion. The expansion will be built on the remaining 5 acres of the Wynn Macau site and is planned to seamlessly integrate into the Wynn Macau property. The Company intends to begin construction of the expansion in the third quarter of 2005 and open the expansion in first half of 2007.

The preliminary budget for the expansion is approximately $345.0 million. The Company intends to increase its current Wynn Macau senior debt facilities to fund the expansion and has engaged Deutsche Bank, Societe Generale and Bank of America to arrange that financing.

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	Wynn Reports Macau Expansion 4 May 2005 LAS VEGAS -- (PRESS RELEASE) -- Wynn Resorts, Limited (Nasdaq:WYNN) announced today preliminary plans for the expansion of its Wynn Macau resort, currently under construction in the Macau Special Administrative Region of the People's Republic of China. The resort, which is scheduled to open in the third quarter of 2006, will initially utilize approximately 11 acres of approximately 16 acres of land leased from the government of Macau, and will consist of approximately 600 hotel rooms; approximately 100,000 square feet of casino gaming space featuring 200 table games and 350 slot machines; seven restaurants; approximately 28,000 square feet of retail space; a spa; a salon; and entertainment facilities. The expansion plans call for an additional 85,000 square feet of casino space featuring approximately 150 additional table games, 500 more slots and a sports book; two additional restaurants; a theater; and a dramatic front feature attraction at the entrance of the expansion. The expansion will be built on the remaining 5 acres of the Wynn Macau site and is planned to seamlessly integrate into the Wynn Macau property. The Company intends to begin construction of the expansion in the third quarter of 2005 and open the expansion in first half of 2007. The preliminary budget for the expansion is approximately $345.0 million. The Company intends to increase its current Wynn Macau senior debt facilities to fund the expansion and has engaged Deutsche Bank, Societe Generale and Bank of America to arrange that financing.