Steve Wynn Biography - Profile
Wynn Biography (Stephen Alan Wynn):
Casino and Resort Developer
Famous for :
Developing some of the most extravagant
resorts and casinos in Las Vegas, including
the $2.7 billion USD "Wynn Las Vegas"
: Born - January 27, 1942 United
States Lives - Las Vegas, USA
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Biography - Information
Wynn is a major player
in the development of the Las Vegas gambling
oasis in Nevada, USA. His casino developments
in Las Vegas continue to grow in size, ambition,
lavishness, and some would say excess. Wynn
has also become a notable art collector
with important paintings being bought by
him for up to $35 million (the record price
he paid for a JMW Turner painting).
Stephen Alan Wynn was born on the 27th January,
1942 in Connecticut. He was raised in Utica,
New York with a younger brother. The business
of gambling was introduced to the young
Wynn from an early age as his father operated
a chain of Bingo parlors.
Michael Wynn passed away before his son
Steve graduated from the University of Pennsylvania
(Bachelor of Arts degree in English Literature).
Steve Wynn then took control of his late
father's Bingo enterprise, which proved
to be the beginnings of a continually expanding
gambling and entertainment empire.
With the profits from the Bingo businesses,
Wynn bought a stake in the Frontier Hotel
and Casino in Las Vegas, Nevada. He and
his wife (Elaine Pascal) then moved to Las
Vegas in 1967.
Each new investment brought Wynn greater
profits, allowing his casinos and hotels
to expand in size and reputation. He introduced
things like an indoor forest, outdoor volcano,
impressive water fountains, a pirate ship,
an artificial lake, and fine art galleries
with paintings that would have the finest
museums in the world salivating.
His most impressive building to date is
the "Wynn Las Vegas" which was
opened in April, 2005. It is perched upon
the famous Las Vegas Strip and stands 50
stories high, making it one of the tallest
buildings in Las Vegas. It is a 2,716 room
hotel with 111,000 square foot of gaming
area. The $2.7 billion development is a
more elegant and subtle creation by the
man that had previously used glitz to attract
the punters. From the outside the Wynn Las
Vegas is relatively understated, encouraging
visitors to enter the building to experience
things like The Wynn Art Collection, the
Penske and Wynn Ferrari / Maserati Dealership,
the Lake of Dreams, and much.
In 2006 Steve Wynn also opened "Wynn
Macau" in the gambling hub of Macau,
Wynn continues to play a very active role
in the running of his business empire and
lives in Las Vegas with his wife.
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