Wynn Resorts CEO says 60% of employees have been vaccinated, though company does not mandate vaccines


Wynn Resorts will not require employees to be vaccinated against Covid-19, but the Las Vegas-based casino operator is leaving a program in place to keep the coronavirus at bay.

Matthew Maddox, chief executive of Wynn, told TBEN’s Jim Cramer on Thursday that staff can choose to get tested weekly or get vaccinated, which can be done on site.

“I don’t think it’s our job to impose vaccines for everyone, but what I’m asking is that we are Covid-free in our staff,” he said in an interview on “Mad Money”.

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About 60% of Wynn employees have been vaccinated, Maddox said. The company said it had around 27,500 employees at the end of last year, including 14,400 in the United States.

The Wynn Las Vegas Encore is a community vaccination site where more than 40,000 inoculations have been administered, Maddox said, including 4,000 employees.

“We just continue to do whatever we can to create a safe environment and an environment that we know will be fun as it comes,” Maddox said. “The fun is coming.”

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Wynn is one of many companies that have decided not to require workers to receive a Covid-19 vaccine, although many experts say it would be legal for employers to impose the health precaution. About 3 million people in the United States now get vaccinated every day as states lower age restrictions.

I think our best days lie ahead in the not-so-distant future. “

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Wynn shares rose 0.61% to close at $ 133.49 on Thursday. The stock has gained 18% this year, surpassing the S&P 500 to date.



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