Word: wynne
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...into the hoards of wealthy Chinese who increasingly flocked to the "Asian Las Vegas." The first American company to enter the market was Las Vegas Sands, which opened the Sands Macau casino in 2004 - and earned back its $285 million investment in only a year. U.S. casino mogul Steve Wynn, who opened the $1.2 billion Wynn Macau in 2006, once called the city "the most exciting growth story of the decade...
...early February, Casino Mogul Steve Wynn took a stand on layoffs. The gaming industry is flailing - Nevada regulators recently formed a task force on bankruptcies - but when it came to cutting costs by cutting employees, Wynn wouldn't hear...
...Instead, Wynn announced that everyone at his company's two Las Vegas properties, Wynn and Encore, would take a pay cut. Salaried workers earning $150,000 or more would see a 15% drop in their paychecks; those making less would take a 10% hit. Hourly employees would go from a 40-hour to a 32-hour week. The idea: save millions of dollars without putting anyone out of a job while maintaining the service level at the luxury hotels. "We don't want anybody on unemployment here," Wynn said at the time, "or without insurance." (See 10 things...
...Gstaad chalet Karl Lagerfeld's Vermont hideaway Nancy Gonzalez crocodile tote Tod's neoprene Pashmy Art Basel scoutingforart.com Alexander McQueen ready-to-wear McQ Alexander McQueen for Target DayJet's Eclipse500 air taxi service JetBlue's new terminal at J.F.K. International Airport Invitation-only Yellowstone Club resort 5-star Wynn Las Vegas offering $109/night specials Crème de la Mer Bliss's Best of Skintentions
...Encore, even if you don't like to play the tables. If you can tear yourself away from the spa, there's a perfectly pleasant outdoor pool (one section of which allows topless sunbathing, though I demurred); a $500-a-round golf course designed by Tom Fazio and Wynn; and La Rêve, the impressive, water-themed acrobatic show. The beauty of the Wynn is that you don't ever have to leave the grounds of the resort to enjoy yourself for a couple of days. All of Las Vegas is a screaming buy at this point...