News for the Hospitality Executive
Steve Wynn Names Tim Poster and Tom Breitling Senior Vice
of Strategy and Development
|LAS VEGAS, July 2, 2008 - Tim Poster and Tom Breitling
will be joining Wynn Resorts (Nasdaq: WYNN) subsidiary Wynn Las Vegas as
Sr. Vice Presidents of Strategy and Development.
As long-standing business partners, Tim and Tom have together helped to pioneer the online travel industry with the development and ultimate sale of Travelscape to Expedia. This Las Vegas oriented travel company established a sales model that was eventually adopted and more fully exploited by the leading internet-based travel agencies.
It wasn't long after selling Travelscape that Tim and Tom orchestrated the acquisition of the Golden Nugget, and turned their attention towards revitalizing this classic casino property. As the principal operators, they expanded their knowledge and understanding of integrated resort operations and managed to reinvigorate this downtown Las Vegas gem. Their collective experiences and their entrepreneurial drive, make them ideally suited to assist Wynn as it prepares for another period of substantial growth and change.
"This is a very exciting time for our company as we prepare to expand both here in Las Vegas and in Asia," noted Steve Wynn. "Until now, we've only been limited by our human capital and our limited capacity to design, develop and operate resorts that live up to our standards. With the addition of Tim and Tom to our leadership team we have both improved our opportunities for success with our existing ventures and enhanced our ability to pursue new ones."
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the NASDAQ-100 Index. Wynn Resorts owns and operates Wynn Las Vegas (http://www.wynnlasvegas.com) and Wynn Macau (http://www.wynnmacau.com).
Wynn Las Vegas
|Also See:||Tim Poster and Tom Breitling Could Split up to $150 million in Profits With Sale of Golden Nugget for $295 million in Cash and Debt Assumption to Landry's Restaurants / February 2005|
|Two 34 Year Old Internet Millionaires Acquiring Golden Nugget Hotel-Casinos in Downtown Las Vegas and Laughlin for Approximately $215 million / June 2003|
|Profile: Tom Breitling, Co-founder Travelscape.com / Oct 2001|