wynn resorts

Understanding the Wynn Legacy and its Impact on Las Vegas

Since last night, I’ve had many, many questions about Steve Wynn. I decided to write up some of my thoughts, and Vegas Seven published them: The news of Steve Wynn’s resignation from the company he founded, Wynn Resorts, has brought more questions than answers in Las Vegas. Most of those questions won’t be answered for […]

Understanding the Wynn Legacy and its Impact on Las Vegas Read More »

Vegas Seven

If you don’t see a video, it’s…

If you don’t see a video, it’s here: http://youtu.be/EqZ82UwJuBQ

Author David G. Schwartz summarizes chapter 15, “A Clockwork Volcano: Las Vegas Strikes Back,” of Roll the Bones: The History of Gambling (Casino Edition).

This chapter starts by discussing some of the technological changes that made possible the rise of slot machines, like the introduction of video poker and wide area progressive games like Megabucks. It then talks about The Mirage, which opened in 1989 and kicked off the 1990s boom for Las Vegas. Although it completely changed the Las Vegas Strip, before it opened, many were skeptical that it would succeed.

We then learn about other important companies like MGM Mirage and the Mandalay Resort Group, which, through a series of mergers (including one with Mirage Resorts) became MGM Resorts. Las Vegas Sands, which owns the Venetian and Palazzo, is also profiled.

For more information about the book, visit http://www.rollthebonesbook.com

If you don’t see a video, it’s… Read More »

life in vegas, video

Wynn & China on Two Way Hard Three

In case you missed it, I posted a piece yesterday on Two Way Hard Three talking about Wynn Resorts and China: In today’s flurry of email headlines (which continue whether I’m in the office or not) I read a blurb saying that Wynn Resorts “has become”; a Chinese company. Certainly this is no surprise to

Wynn & China on Two Way Hard Three Read More »

news about gambling, Two Way Hard Three

Wynn points to the future

I’ve got a new Las Vegas Business Press column up, in which I discuss the historical context behind Wynn’s musings about moving to Macau. Steve Wynn made headlines when he suggested he might consider moving the headquarters of Wynn Resorts Ltd. to Macau from Las Vegas. As always, Wynn's forthrightness points the way to a

Wynn points to the future Read More »

news about gambling

Encore echoes

There’s been quite the buzz for Encore over the Internet. This quote from Oskar Garcia’s AP piece explains, I think, why Wynn gets it more than anyone except Jack Binion and a few others: Wynn expected thousands to jam the entrances to the casinos on Monday night, as some of his best customers ceremoniously pull

Encore echoes Read More »

news about gambling

Night on Wynn Mountain

Technically, this story isn’t set ON the mountain at Wynn Las Vegas, but inside it. But it’s an allusion to a popular piece of classical music and just sounds better than “INSIDE THE ARTIFICIAL MOUNTAIN AT WYNN LAS VEGAS.” Ace KLAS-TV reporter Edward Lawrence somehow got inside the Mt. Wynn and, with the help of

Night on Wynn Mountain Read More »

news about gambling

And an opening

Closings were in the news yesterday, but there was a big opening in Macau as well. From the AP: Thousands of gamblers crowded into American billionaire Stephen Wynn’s new $1.2 billion casino resort on Wednesday in Macau — the Chinese territory that may soon unseat the Las Vegas Strip as the world’s most profitable gambling

And an opening Read More »

news about gambling