Steve Wynn
Stephen Alan Wynn was born in New Haven, Connecticut on January 27, 1942 is a casino resort developed that has helped conceptulize many of the casinos on the Las Vegas Strip today. Wynn has been credited with the resurgence and expansion of Las Vegas in 1990's.
Wynn's father died shortly after he had graduated from the University of Pennsylvania in 1963. Wynn took over running the family's bingo operation and did well enough to buy a portion of the Frontier Hotel and Casino in Las Vegas where he moved in 1967.
Through some land deals Wynn managed to parlay controlling interest in the Golden Nugget, in which he renovated and expanded. Wynn's goal was to target the upscale crowed to downtown Las Vegas.
Steve's first major Strip casino was The Mirage which set a new standard. It featured an indoor forest and an outdoor volcano. The Mirage had an emphasis on service and was financed heavily through Junk Bonds. Wynn's next project was the Bellagio, which included an artificial lake and art gallery. The Bellagio was credited for starting a series of luxurious developments in Las Vegas.
Mirage was sold to MGM Grand in 2000, which formed the MGM Mirage. Wynn took the money he made on the deal and build his mose expensive resort yet. The Wynn Las Vegas, which opened in April of 2005.
Macau is where Wynn currently where Steve has his eye on and he opened the Wynn Macau in September of 2006.
Wynn's father died shortly after he had graduated from the University of Pennsylvania in 1963. Wynn took over running the family's bingo operation and did well enough to buy a portion of the Frontier Hotel and Casino in Las Vegas where he moved in 1967.
Through some land deals Wynn managed to parlay controlling interest in the Golden Nugget, in which he renovated and expanded. Wynn's goal was to target the upscale crowed to downtown Las Vegas.
Steve's first major Strip casino was The Mirage which set a new standard. It featured an indoor forest and an outdoor volcano. The Mirage had an emphasis on service and was financed heavily through Junk Bonds. Wynn's next project was the Bellagio, which included an artificial lake and art gallery. The Bellagio was credited for starting a series of luxurious developments in Las Vegas.
Mirage was sold to MGM Grand in 2000, which formed the MGM Mirage. Wynn took the money he made on the deal and build his mose expensive resort yet. The Wynn Las Vegas, which opened in April of 2005.
Macau is where Wynn currently where Steve has his eye on and he opened the Wynn Macau in September of 2006.
Interesting Facts
- Wynn is worth an estimated $1.3 Billion.
- He currently lives in a suite in the Wynn Las Vegas until his house on the Southern Highlands Golf Club is finished.
- Wynn's daughter was kidnapped in 1993 and he paid $1.45 million for her safe return.