Word: wynn
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Dates: during 2000-2009
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...which opened at the end of 2001, decided to aim even younger. The Maloof brothers, who own the Sacramento Kings basketball team, sold their local casino and built the Palms off-Strip and gave it no particular theme, figuring Vegas visitors would find out which hotel fit their demographic. (Wynn will also be unthemed, as will the Palazzo. The MGM Grand and the Mandalay Bay have almost entirely shed their film and Asian themes.) "I wanted to build the ultimate party place," says George Maloof, 40, the brother who runs the hotel. "I wanted to make sure I cultivated young...
...debt) that would create an even bigger company. Sheldon Adelson, the 70-year-old owner of the Venetian, is contemplating an IPO to score some cash to make a bigger bet on a new Strip hotel, the Palazzo, and other properties in the U.S. and overseas. In April, Steve Wynn, 62, the man who brought renewed glamour to Vegas in the 1990s with the shimmering-sided Mirage and then the Continental swank of the Bellagio, will open the $2.6 billion Wynn Las Vegas. It's just a construction site, but Wynn's creation is scaring all his competitors, with...
...separate occasions over the past 35 years, the low-key billionaire investor has built the world's largest hotel on the Strip, most recently the mammoth 5,034-room MGM Grand in 1993. In the past five years, Kerkorian has ushered in a wave of consolidation, snapping up Steve Wynn's Mirage Resorts in 2000 and just last month agreeing to buy Mandalay Resort Group for $7.9 billion, including debt. A World War II pilot who started his Vegas career by building a $100 million charter-flight business, Kerkorian will soon control half of the Strip's 75,000 rooms...
...WYNN RESORTS Steve Wynn...
More so than most Vegas showmen, casino mogul Steve Wynn, 62, has helped create the postmodern face of Sin City, replacing plain-vanilla gambling with entertainment destinations like the elegant Bellagio, the luxurious Mirage and the fanciful Treasure Island. So it's a noteworthy change of tone that this pioneer is now doing his best to hide it. His first creation since selling his Mirage empire to MGM Grand for $6.4 billion in 2000, the $2.6 billion bronze-toned Wynn Las Vegas casino and resort is designed to provide a rarefied air of seclusion...