Hotel Group

Wynn Resorts, Limited

Wynn Resorts, LimitedWynn Resorts, Limited (NASDAQ:WYNN) was formed through Steve Wynn's purchase of the Desert Inn Resorts & Casino in 2000. The company went public in 2002 in the largest initial capitalization of a gaming entertainment company. Wynn Resorts' efforts have been devoted mainly to the design, development, financing and construction of Wynn Las Vegas and Wynn Macau but also to identifying growth opportunities such as the marketing alliance with Societe des Bains de Mer (which has a monopoly for gaming and hospitality in Monte Carlo, in the principality of Monaco) which we entered into in June 2002. The total capitalization of Wynn Resorts, Limited is in excess of $2.3 billion.
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Hotel Development

Encore Boston Harbor

The resort has a 210,000-square-foot casino; 15 dining and lounge venues; 671 guestrooms and suites including New England's largest standard hotel rooms; 50,000 square feet of indoor and outdoor event space; a spa; and a four-season, six-acre Harborwalk, featuring pedestrian and bike paths, picnic park, gazebo, viewing decks, waterfront dining and green space with floral displays.


Wynn Resorts CEO Steps Down

The Board of Directors of Wynn Resorts reluctantly announced today that it accepted the resignation of Steve Wynn as CEO and Chairman of the Board of Directors. The board has appointed Matt Maddox, currently President of the Company, as its CEO, and Boone Wayson as Non-Executive Chairman of the Board of Directors, effective immediately.