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Steve Wynn
Stephen Alan Wynn ( Weinberg; born January 27, 1942) is an American real estate developer and art collector. He was known for his involvement in the luxury casino and hotel industry, prior to being forced to step down in 2018. Early in his career he oversaw the construction and operation of several Las Vegas and Atlantic City hotels, including the Golden Nugget, the Golden Nugget Atlantic City, The Mirage, Treasure Island, the Bellagio, and Beau Rivage in Mississippi, and he played a pivotal role in the development of the Las Vegas Strip in the 1990s. In 2000, Wynn sold his company, Mirage Resorts, to MGM Grand Inc., resulting in the formation of MGM Mirage (now MGM Resorts International). Wynn later took his company Wynn Resorts public in an initial public offering and was Wynn Resorts' CEO and Chairman of the Board until February 6, 2018, when he announced his resignation. He is a prominent donor to the Republican Party and was the finance chair of the Republican National ...
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New Haven, Connecticut
New Haven is a city of the U.S. state of Connecticut. It is located on New Haven Harbor on the northern shore of Long Island Sound. With a population of 135,081 as determined by the 2020 United States census, 2020 U.S. census, New Haven is List of municipalities in Connecticut, the third largest city in Connecticut after Bridgeport, Connecticut, Bridgeport and Stamford, Connecticut, Stamford, the largest city in the South Central Connecticut Planning Region, Connecticut, South Central Connecticut Planning Region, and the principal municipality of Greater New Haven metropolitan area, which had a total population of 864,835 in 2020. New Haven was one of the first Planned community, planned cities in the U.S. A year after its founding by English Puritans in 1638, eight streets were laid out in a four-by-four Grid plan, grid, creating the "Nine Square Plan". The central common block is New Haven Green, the New Haven Green, a square at the center of Downtown New Haven. The Green is n ...
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Golden Nugget Las Vegas
The Golden Nugget Las Vegas is a luxury hotel and casino located in downtown Las Vegas, Nevada, on the Fremont Street Experience. The property is owned and operated by Landry's, Inc. It has 2,419 hotel rooms. History The Golden Nugget was originally built in 1946, making it one of the oldest casinos in Las Vegas. Jackie Gaughan at one time owned a stake in the hotel as part of his many downtown properties. Steve Wynn bought a stake in the Nugget, which he increased so that, in 1973, he became the majority shareholder, and the youngest casino owner in Las Vegas and purchased the neighboring California Club in 1973 and combined the two properties under the former’s banner. In 1977, he opened the first hotel tower and the resort earned its first four-diamond rating from Mobil Travel Guide. It was the foundation for Wynn's rise to prominence in the casino industry. Frank Sinatra periodically headlined at the Golden Nugget. The second hotel tower opened in 1984 along with ...
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Encore Las Vegas
Encore Las Vegas (also called Encore at Wynn Las Vegas or simply Encore) is a luxury resort, casino and hotel located on the Las Vegas Strip in Paradise, Nevada. The resort is connected to its sister resort, Wynn Las Vegas, located directly south. Both are owned by Wynn Resorts and located on the former site of the Desert Inn resort, which Steve Wynn purchased and closed in 2000. Encore took the place of two Desert Inn hotel structures, the Palms and St. Andrews towers, both demolished in 2004. Construction of Encore began on April 28, 2006, the first anniversary of Wynn Las Vegas' opening. The Encore project, built by Tutor Saliba, cost $2.3 billion. It opened on December 22, 2008. The 48-story hotel tower includes 2,034 rooms, and the resort also offers of gaming space, as well as the Encore Esplanade retail area. In addition, it has several restaurants, including one dedicated to singer Frank Sinatra. The resort has also had several clubs, two of which were added in 2010 ...
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Wynn Macau
Wynn Macau ( zh, c=永利澳門) is a luxury hotel and casino resort in the Macau Special Administrative Region of the People's Republic of China with two towers containing a total of 1,008 rooms and suites, approximately of casino space, over of retail space, eight casual and fine dining restaurants, two spas, a salon and a pool. Wynn Macau is operated by international resort developer Wynn Resorts. Wynn Macau opened on 6 September 2006 and its second tower, Encore, opened on 21 April 2010. History Wynn Macau opened to the public on 6 September 2006. In December 2007, Wynn Macau completed an expansion, adding more gaming space and additional food and beverage and retail shops. Encore at Wynn Macau On 21 April 2010, the company opened Encore at Wynn Macau, an all-suite boutique hotel, which is fully integrated into the existing operations at Wynn Macau similar to Encore Las Vegas. Encore Macau has 410 suites, including 41 Grand Salon Suites, bringing the total number of ...
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Wynn Las Vegas
Wynn Las Vegas, often simply referred to as Wynn, is a luxury resort and casino located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned and operated by Wynn Resorts, and was built on the former site of the Desert Inn resort, which opened in 1950. Casino developer Steve Wynn purchased and closed the Desert Inn during 2000, with plans to build a new resort on the site. The design phase lasted two and a half years, and construction began on October 31, 2002, with Marnell Corrao Associates as general contractor. At a cost of $2.7 billion, Wynn Las Vegas was the most expensive resort ever built, beating Wynn's $1.6 billion Bellagio, which opened on the Strip in 1998. Wynn Las Vegas opened on April 28, 2005, with 2,716 rooms and a casino. At the time, its 45-story hotel tower was the tallest building in Nevada. A sister property, Encore Las Vegas, was opened by Wynn Resorts in December 2008. Located directly north of the resort, Encore added a second hot ...
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Sexual Misconduct
Sexual misconduct is misconduct of a sexual nature which exists on a spectrum that may include a broad range of sexual behaviors considered unwelcome. This includes conduct considered inappropriate on an individual or societal basis of morality, sexual harassment and/or criminal sexual assault. However generally, from a purely legal standpoint, ''sexual misconduct'' is a "lay term" which represents a boundary that has been broken, dictated by a moral set of conduct, particularly where the situation is normally non-sexual and therefore unusual for sexual behavior, or where there is some aspect of personal power or authority that makes sexual behavior inappropriate. A common theme, and the reason for the term ''misconduct'', is that these violations occur during work or in a situation of a power imbalance (such as sexual harassment). The alleged misconduct can be of various degrees, such as exposure of genitals, assault, aggressive come-ons, pleading, or even inattentiveness to non ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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MGM Resorts International
MGM Resorts International is an American Multinational corporation, multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio (resort), Bellagio, Mandalay Bay, MGM Grand Las Vegas, MGM Grand and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gaming (lodging, food, retail) revenue began to outpace gaming receipts and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gaming industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest cons ...
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Las Vegas Strip
The Las Vegas Strip is a stretch of Las Vegas Boulevard in Clark County, Nevada, that is known for its concentration of resort hotels and casinos. The Strip, as it is known, is about long, and is immediately south of the Las Vegas city limits in the unincorporated towns of Paradise and Winchester, but is often referred to simply as "Las Vegas". Many of the largest hotel casino and resort properties in the world are on the Strip. Its hotels, casinos, restaurants, residential high-rises, entertainment offerings, and skyline have established the Strip as one of the most popular and iconic tourist destinations in the world and is one of the driving forces for Las Vegas's economy. Most of the Strip has been designated as an All-American Road, and the North and South Las Vegas Strip routes are classified as Nevada Scenic Byways and National Scenic Byways. Boundaries Historically, casinos that were not in Downtown Las Vegas along Fremont Street sat outside the city limits on L ...
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Mississippi
Mississippi ( ) is a U.S. state, state in the Southeastern United States, Southeastern and Deep South regions of the United States. It borders Tennessee to the north, Alabama to the east, the Gulf of Mexico to the south, Louisiana to the southwest, and Arkansas to the northwest. Mississippi's western boundary is largely defined by the Mississippi River, or its historical course. Mississippi is the List of U.S. states and territories by area, 32nd largest by area and List of U.S. states by population, 35th-most populous of the 50 U.S. states and has the lowest per-capita income. Jackson, Mississippi, Jackson is both the state's List of capitals in the United States, capital and largest city. Jackson metropolitan area, Mississippi, Greater Jackson is the state's most populous Metropolitan statistical area, metropolitan area, with a population of 591,978 2020 United States census, in 2020. Other major cities include Gulfport, Mississippi, Gulfport, Southaven, Mississippi, South ...
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Beau Rivage (Mississippi)
Beau Rivage is a waterfront casino resort in Biloxi, Mississippi, USA. It is owned by Vici Properties and operated by MGM Resorts International. The Beau Rivage hotel is the tallest building in Mississippi. The term 'Beau Rivage' is French for 'beautiful shore'; the original, well-known hotels of that name are the Beau-Rivage Geneva and Beau-Rivage Palace, both in Francophone Switzerland. History The name of Beau Rivage was originally meant for the Bellagio casino resort on the Las Vegas Strip, however, developer Steve Wynn of Mirage Resorts changed Beau Rivage into Bellagio, and reserved this name for his new waterfront casino in Biloxi. The Beau Rivage, with 1,740 rooms, opened in March 1999. At that time of its opening, it was the largest hotel/casino in the United States outside of Nevada. The casino was located on a series of floating barges as required by local law confining all casinos to mobile marine vessels at the time of the resort's construction. The ...
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Bellagio (hotel And Casino)
Bellagio ( ) is a resort, luxury hotel, and casino on the Las Vegas Strip in Paradise, Nevada. It is owned by Blackstone Inc. and operated by MGM Resorts International. Bellagio was conceived by casino owner Steve Wynn, and was built on the former site of the Dunes hotel-casino. Wynn's company, Mirage Resorts, purchased the Dunes in 1992. Plans were announced in 1994 to replace it with Beau Rivage, a French-themed resort. In 1995, Wynn changed the project plans to instead theme it after the village of Bellagio, near Lake Como. The resort was designed by Jon Jerde. Construction began on November 1, 1995, with Marnell Corrao Associates as general contractor. Bellagio opened on October 15, 1998, with 3,005 rooms in a 36-story tower. Built at a cost of $1.6 billion, it was the world's most expensive resort up to that point. Early revenue was less than expected, and Wynn departed the resort in May 2000, when Mirage Resorts merged with MGM Grand Inc. Profits improved under the ow ...
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