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Wynn Resorts
Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada, that is a developer and operator of high-end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn and is now run by CEO Craig Billings. , the company has developed six properties. History In 2000, Steve Wynn agreed to sell Mirage Resorts to MGM Grand Inc., MGM Grand, after having led Mirage and its predecessors since 1973. Wynn laid the foundation for his next venture that same year, buying the Desert Inn for $270 million. Wynn found an early partner in Japanese billionaire Kazuo Okada of Universal Entertainment Corporation. Wynn, together with Universal subsidiary Aruze USA, controlled almost half the stock, making it harder for outside investors to exert control, as they had done at Mirage in response to Wynn's prolific spending. Wynn hired investment banker Ronald Kramer (business), Ronald Kramer as president and director in 2002 in order to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entertainment
Entertainment is a form of activity that holds the attention and Interest (emotion), interest of an audience or gives pleasure and delight. It can be an idea or a task, but it is more likely to be one of the activities or events that have developed over thousands of years specifically for the purpose of keeping an audience's attention. Although people's attention is held by different things because individuals have different preferences, most forms of entertainment are recognisable and familiar. Storytelling, music, drama, dance, and different kinds of performance exist in all cultures, were supported in Court (royal), royal courts, and developed into sophisticated forms over time, becoming available to all citizens. The process has been accelerated in modern times by an entertainment industry that records and sells entertainment products. Entertainment evolves and can be adapted to suit any scale, ranging from an individual who chooses private entertainment from a now enormous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronald Kramer (business)
Ronald J. "Ron" Kramer (born 1958) is an American business executive. He is the Chairman and CEO of Griffon Corporation, a conglomerate holding company headquartered in New York, New York. Biography Kramer received a B.S. from the Wharton School of the University of Pennsylvania in 1980 and an MBA from New York University in 1981. He started his career at Citibank and then worked as a corporate finance specialist at Ladenburg Thalmann, a New York-based investment bank, for thirteen years, becoming Chairman and CEO in 1995. In 1999, Kramer became a Managing Director and Partner at Wasserstein Perella & Co. and its successor Dresdner Kleinwort Wasserstein. Kramer left Wall Street in 2002 to become President and Director of Wynn Resorts Ltd (), a Las Vegas-based developer and operator of destination casino resorts. Kramer succeeded his father-in-law Harvey R. Blau as CEO of Griffon in 2008. To improve Griffon's balance sheet, Kramer secured a new $100 million revolving line ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Entertainment Corporation
formerly known as and Universal, is a Japanese manufacturer of pachinko, slot machines, arcade games and other gaming products, and a publisher of video games. Aruze possesses licenses to both manufacture and distribute casino machines in the American states of Nevada, Mississippi and New Jersey. The company's corporate headquarters are in Tokyo. Aruze is also the licence holder of the video game franchise '' Shadow Hearts''. Up until February 18, 2012, the company owned approximately 21% of Wynn Resorts. On November 1, 2009, Aruze Corporation changed its name to Universal Entertainment Corporation. Universal Universal Lease Co., Ltd was established in December 1969. It later changed its name to Universal Ltd in Japan. Universal Distributing Company opened as an american subsidiary to sell video games direct to operators, and was later named Universal USA. They initially earned success with arcade video games that cloned popular arcade games. ''Scratch'' (1977) was a '' Break ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Desert Inn
The Desert Inn, also known as the D.I., was a hotel and casino on the Las Vegas Strip in Paradise, Nevada, which operated from April 24, 1950, to August 28, 2000. Designed by architect Hugh Taylor and interior design by Jac Lessman, it was the fifth resort to open on the Strip, the first four being El Rancho Vegas, The New Frontier, Flamingo, and the El Rancho (then known as the Thunderbird). It was situated between Desert Inn Road and Sands Avenue. The Desert Inn opened with 300 rooms and the ''Sky Room'' restaurant, headed by a chef formerly of the Ritz Paris, which once had the highest vantage point on the Las Vegas Strip. The casino, at , was one of the largest in Nevada at the time. The nine-story St. Andrews Tower was completed during the first renovation in 1963, and the 14-story Augusta Tower became the Desert Inn's main tower when it was completed in 1978 along with the seven-story Wimbledon Tower. The Palms Tower was completed in 1997 with the second and final re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MGM Grand Inc
Metro-Goldwyn-Mayer Studios Inc. (also known as Metro-Goldwyn-Mayer Pictures, commonly shortened to MGM or MGM Studios) is an American Film production, film and television production and film distribution, distribution company headquartered in Beverly Hills, California. Metro-Goldwyn-Mayer was founded on April 17, 1924, and has been owned by the Amazon MGM Studios subsidiary of Amazon (company), Amazon since 2022. MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures and Louis B. Mayer Pictures into one company. It hired a number of well-known actors as contract players—its slogan was "more stars than there are in heaven"—and soon became Hollywood's most prestigious filmmaking company, producing popular musical films and winning many Academy Awards. MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of ''Ben-Hur: A Tale of the Christ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune (magazine)
''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and '' Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists including ranking companies by revenue such as in the ''Fortune'' 500 that it has published annually since 1955, and in the ''Fortune'' Global 500. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929, who declared it as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mirage Resorts
Mirage Resorts (formerly Golden Nugget Companies) was an American company that owned and operated hotel-casinos. It was acquired by MGM Grand, Inc. in 2000, forming MGM Mirage (now MGM Resorts International). History Golden Nugget Companies Inc. was formed by Steve Wynn in 1973. The company was created after Wynn acquired majority control of the Golden Nugget in Las Vegas, Nevada. In 1980, the company opened the Golden Nugget Atlantic City in New Jersey but in 1987, Wynn's and the company's interest in Atlantic City did not last very long due to frustration with state gaming regulators. The property was sold to Bally's Entertainment, and eventually became Bally's Grand Hotel and Casino. In 1989, the company acquired the Nevada Club casino in Laughlin, Nevada, and re-branded it as the Golden Nugget Laughlin. The Mirage and Treasure Island (1990s) Wynn's first major casino on the Las Vegas Strip was The Mirage, which opened in November 1989. It was the first time Wynn was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wynn Resorts Logo
Wynn or wyn (; also spelled wen, win, ƿynn, ƿyn, ƿen, and ƿin) is a letter of the Old English alphabet, where it is used to represent the sound . History The letter "W" While the earliest Old English texts represent this phoneme with the digraph , scribes soon borrowed the rune ''wynn'' for this purpose. It remained a standard letter throughout the Anglo-Saxon era, eventually falling out of use during the Middle English period, circa 1300. In post-wynn texts, it was sometimes replaced with but often replaced with a ligature form of , which the modern letter developed from. Meaning The denotation of the rune is "joy, bliss", known from the Anglo-Saxon rune poems: Miscellaneous It is not continued in the Younger Futhark, but in the Gothic alphabet, the letter ''w'' is called , allowing a Proto-Germanic reconstruction of the rune's name as ''*wunjô'' "joy". It is one of the two runes (along with thorn, þ) to have been borrowed into the English alphabet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tilman Fertitta
Tilman Joseph Fertitta (born June 25, 1957) is an American businessman and television personality. He has served as the List of ambassadors of the United States to Italy, United States ambassador to Italy and List of ambassadors of the United States to San Marino, San Marino since May 2025. He is owner of Landry's, Inc. He also owns the National Basketball Association (NBA)'s Houston Rockets. Fertitta has been the chairman of the board of regents of the University of Houston System since 2009. As of May 2025, his net worth was estimated at $10.7 billion. He is placed at No. 248 on the Forbes 400 list. ''Forbes'' calls him the "World's Richest Restaurateur.” Fertitta became the star of ''Billion Dollar Buyer'' on CNBC. On September 5, 2017, Fertitta reached an agreement to buy the Houston Rockets for $2.2 billion. As of April 2025, Fertitta is the lead shareholder in Wynn Resorts. Early life and education Tilman Joseph Fertitta was born in Galveston, Texas, on June 25, 1957. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tourism
Tourism is travel for pleasure, and the Commerce, commercial activity of providing and supporting such travel. World Tourism Organization, UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be Domestic tourism, domestic (within the traveller's own country) or International tourism, international. International tourism has both incoming and outgoing implications on a country's balance of payments. Between the second half of 2008 and the end of 2009, tourism numbers declined due to a severe Economy, economic slowdown (see Great Recession) and the outbreak of the 2009 2009 flu pandemic, H1N1 influenza virus. These numbers, however, recovered until the COVID-19 pandemic put an abrupt end to th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
