Word: wynn
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Dates: during 1990-1999
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...they laughed when STEVE WYNN brought Picasso and Matisse to his casino in Las Vegas. Was the guy nuts? High art in the high desert? But when Wynn, the chairman of Mirage Resorts Inc., rolls the dice, he usually wins. His tiny two-room gallery at the Bellagio hotel has lured more than 100,000 people since its opening in late October. In the past month, more than 2,000 people a day have been anteing up $10 each to see Wynn's collection of 20 paintings, from Degas to Picasso. Wynn has also made his presence felt...
While visiting the desert metropolis of Las Vegas for a weekend, I was appalled by the amount of money being blown by casino owners like Steve Wynn who aim to duplicate the world's most famous locales [SHOW BUSINESS, Oct. 26]. I've been going to Vegas for more than 30 years, and I think guys like Wynn have gone too far. It is ludicrous to create billion-dollar facsimiles of famous places. I predict this attempt to attract baby boomers like me will fail miserably. MARK THOMAS Oakland, Calif...
...doubt this new, arty Vegas will attract the likes of the Astors and Rockefellers, and Joe Blow from Omaha may be a little intimidated. Steve Wynn and the other corporate boys are going to need some of the luck that everybody wishes for when they go to Las Vegas. They may have created a no-man's-land. SUZANNE W. MCCARTHY Winston-Salem...
...chance, I was an overnight guest at the Bellagio the week Steve Wynn's $1.6 billion Las Vegas hotel with the $300 million art collection opened, and I have one question that was left unanswered even by the extensive coverage in TIME: Why didn't Wynn spend more of the $300 million on the art in my room? After careful inspection of all the pictures on the walls of our standard double, my wife and I arrived at a ballpark estimate...
...answer to my question about the art in my room, I suppose, is that it made sense for Wynn to spend the entire $300 million on what he stashed in a two-room gallery in the lobby not simply because he can charge ten bucks a shot for admission but because it gives the rubes the opportunity to say, "I hear he's got $300 million tied up in those two rooms." If you use conspicuous capitalization as your principal marketing tool, the real point of a $300 million art collection is that it costs $300 million. The occasional visitor...