New York, January 20, 2016 -- Moody's Investors Service today downgraded Wynn Resorts, Limited's (WYNN) Corporate Family Rating to Ba2 from Ba1, and the company's Probability of Default Rating to Ba2-PD from Ba1-PD. The company's issue ratings at its three subsidiaries were also lowered one-notch. The outlook of Wynn Resorts and all three of its primary operating subsidiaries, Wynn Macau, LLC, Wynn Las Vegas, LLC and Wynn America, LLC is negative.
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