![]() That's not a great return on a $2.6 billion investment in a resort, so look for Wynn to try and boost casino and other non-gaming-or-room revenue streams. With an EBITDA margin of 30%, which would be ideal, it would generate $165 million of EBITDA. In Las Vegas, room revenue is about 30% of Wynn's revenue if that ratio holds true in Massachusetts, the resort could generate $550 million of revenue each year. What we don't know is if this new resort will make enough money to be considered a good investment. And with room prices starting that high, we can expect restaurants and shows to be very expensive as well. Janna Karel is the Editor for Eater Vegas. ![]() There's no question that Wynn Resorts is going after well heeled visitors and gamblers with Encore Boston Harbor. If the resort can average $675 in revenue per available room it could generate $165 million in revenue from rooms alone. As of now, room prices range from a low of $675 on weekdays to $875 on weekends, and higher than that for some dates. But the room prices may generate as much revenue as a much larger resort might. The 27-story main tower has only 671 rooms, a fraction of the thousands normally housed in a Las Vegas Strip resort. Rendering of Encore Boston Harbor from the water.
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