Steve Wynn : biography

27 January 1942 -

In 1991, Golden Nugget, Incorporated was renamed Mirage Resorts, Incorporated.

Wynn's next project was Treasure Island Hotel and Casino, which opened in October 1993 at a cost of $450 million. At the front corner of the resort, the Battle of Buccaneer Bay was acted out on a full-sized pirate ship. Inside the Four-Diamond property is a casino resort with a romantic tropical theme. The Cirque du Soleil show at the Treasure Island was the first permanent Cirque du Soleil show in Las Vegas.

In October 1998, Wynn opened the even more opulent Bellagio, a $1.6 billion resort considered among the world’s most spectacular hotels. The architect was Jon Jerde of The Jerde Partnerships. When built, Bellagio was the most expensive hotel in the world. Today, visitors line the street in front of the hotel to watch the “Fountains of Bellagio”—shooting fountains choreographed to music that “dance” on the hotel’s 8.5 acre man-made lake. The Bellagio is credited with starting a new spree of luxurious developments in Las Vegas. Among these developments include The Venetian, Mandalay Bay, and Paris Las Vegas.

Beau Rivage

In 1999, Wynn brought Mirage Resorts’ style to Biloxi, Mississippi, where he oversaw development of the 1,835-room Beau Rivage. Blending Mediterranean beauty with Southern hospitality, the resort was part of a building boom that established Biloxi as a regional tourism center along the Mississippi Gulf Coast. Beau Rivage was originally the name he wanted to give to the Bellagio but after Wynn vacationed in Italy, he decided Bellagio, after the Italian region of Bellagio, was the better name for the hotel.

Wynn Las Vegas to Wynn Macau to present and Encore

Mirage Resorts was sold to MGM Grand Inc. for $6.6 billion ($21 a share) in June 2000 to form MGM Mirage. Five weeks before the deal was closed (April 27, 2000) Wynn purchased the Desert Inn for $270 million. He closed the Inn in only 18 weeks, and with the money he made on that deal, and with his ability to secure ever-greater financing, Wynn took Wynn Resorts Limited public in 2002. Wynn became a billionaire in 2004, when his net worth doubled to $1.3 billion. On April 28, 2005 he opened his most expensive resort to that date, the Wynn Las Vegas, on the site of the former Desert Inn.

Wynn successfully bid for one of three gaming concessions that were opened for tender in Macau, a Special Administrative Region (SAR) of China, which has a long history of gaming and is the largest gaming market in the world, having surpassed Las Vegas in 2006.Wiseman, Paul. (January 22, 2007) . Usatoday.com. This property, known as Wynn Macau, opened on September 5, 2006.

In the summer of 2008, hiring began for Encore Las Vegas, the newest in Wynn's collection of resorts (the tower of Encore is modeled after the Wynn Las Vegas tower, and in fact, they share the same "property" though they are separate hotels). Wynn hired 3500 employees for this property. Encore opened on December 22, 2008.

Wynn Encore Macau opened on April 21, 2010.

Early life

Wynn was born Stephen Alan Weinberg in New Haven, Connecticut. His father, Michael, who ran a string of bingo parlors in the eastern United States, changed the family's last name in 1946 from "Weinberg" to "Wynn" when Steve was six months old "to avoid anti-Jewish discrimination". Wynn was raised in Utica, New York, and graduated from The Manlius School, a private boys' school east of Syracuse, New York, in 1959. Steve Wynn studied cultural anthropology and English literature at the University of Pennsylvania, where he was a member of the Sigma Alpha Mu fraternity.

In 1963, his father died of complications from open heart surgery in Minneapolis, leaving $350,000 of gaming debts, shortly before Wynn graduated from Penn with a Bachelor of Arts degree in English Literature.

Living octopus

Living octopus

In countries which are located near sea coasts, sea food is an important part of national cuisine