As previously disclosed, Wynn Resorts, Limited (the "Company") intends to sell 5,300,000 newly issued shares of Company common stock ("Common Stock") to Galaxy Entertainment Group Limited (or one of its affiliates) in a public offering registered under the Securities Act of 1933 at a price of $175 per share (the "Equity Offering"). On March 22, 2018, the Company entered into an agreement with Deutsche Bank Securities Inc., BNP Paribas Securities Corp., Goldman Sachs & Co. LLC, Scotia Capital (USA) Inc., and SMBC Nikko Securities America, Inc. to underwrite the Equity Offering (the "Equity Underwriting Agreement"). The Equity Offering is expected to close on or about April 3, 2018.

The Equity Underwriting Agreement is attached hereto as Exhibit 1.1 and incorporated herein by reference. An opinion letter of Brownstein Hyatt Farber Schreck, LLP relating to the validity of the shares of Common Stock to be issued in the Equity Offering is attached hereto as Exhibit 5.1 and incorporated herein by reference.

In addition, as previously disclosed, the Wynn Family Limited Partnership entered into agreements on March 22, 2018 to sell approximately 8.0 million shares of Common Stock in privately negotiated transactions to institutional buyers (the "WFLP Sales"). The WFLP Sales are expected to close on or about March 27, 2018.

An opinion letter of Brownstein Hyatt Farber Schreck, LLP relating to the validity of the shares of Common Stock to be sold in the WFLP Sales is attached hereto as Exhibit 5.2.

we still have our shares!