Stephen A. Wynn is credited with creating the first destination resort in Las Vegas, transforming the city into a world-wide tourist destination. Mr. Wynn moved to Las Vegas in 1968. He gained control of the Golden Nugget in 1971 and transformed it and the Golden Nugget Atlantic City into glittering resorts with entertainment headliners such as Frank Sinatra, Dean Martin and Liza Minnelli.
Mr. Wynn assembled 110 acres of land on the Las Vegas Strip and over the course of 14 years was recognized for creating modern-day Las Vegas. He began with the Mirage in 1989 and ignited a $12 billion construction boom that catapulted Las Vegas into America’s number one destination. Treasure Island followed in 1994, and the Bellagio opened in 1998. Each of the resorts dominated the market instantly after opening.
In 2000, Mr. Wynn sold Mirage Resorts and launched Wynn Resorts, beginning with the construction of Wynn Las Vegas in 2005 and Wynn Macau in 2006, followed by Encore Las Vegas and Encore Macau. In 2016, Mr. Wynn opened the $4.4 billion Wynn Palace located in Macau in the area known as Cotai. Wynn Resorts also won the sole license for the Boston, Massachusetts area; Wynn Boston Harbor is set to open in 2019.
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