$11B market cap and $7.5B in net debt (once debt is issued for Coati). So that's $18.5B+ for the Vegas property and part of the Macua property and the Cotai mudhole. Remember, WYNN shares only owns part of the China properties. And in the end, they own NONE of the China properties as they are on LEASED LAND with limited licenses!
"And in the end, they own NONE of the China properties as they are on LEASED LAND with limited licenses!"
Then none of us owns anything as our time on this Earth is limited.
Try again, fudster. Wynn owns its properties and makes a ton of money from them. The rent it pays for its land and gaming license is not exhorbitant. Its enterprise value is fair for its income and its stature in the industry.
And I own enough WYNN to know that I'm going to be paid richly for it when Wynn Cotai opens.