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Steve Wynn Steps Down as Chairman and CEO of Wynn Resorts
Wynn Resorts | February 7, 2018
LAS VEGAS, Feb. 7, 2018 -- Wynn Resorts released the following statements today regarding Chairman and CEO Steve Wynn: STATEMENT FROM WYNN RESORTS: The Board of Directors of Wynn Resorts reluctantly announced today that it accepted the resignation of Steve Wynn as CEO and Chairman of the Board of Directors. The board has appointed Matt Maddox, currently President of the Company, as its CEO, and Boone Wayson as Non-Executive Chairman of the Board of Directors, effective immediately. "It is with a collective heavy heart, that the board of directors of Wynn Resorts today accepted the resignation of our founder, CEO and friend Steve Wy...
Wynn Resorts Reaches Agreement to Purchase Land Across From Wynn Las Vegas for Future Development
Wynn Resorts | December 14, 2017
LAS VEGAS, Dec. 14, 2017 -- Wynn Resorts announces it has reached an agreement to purchase approximately 38 acres of land on the Las Vegas Strip directly across from Wynn Las Vegas. The purchase includes the 34 acre site of the former New Frontier, formerly the Alon Resort site, as well as 4 additional acres connected to the site for a total of $336 million. The agreement completes a unique assembly of contiguous real estate of approximately 280 acres that spans from the Las Vegas Convention Center on Paradise Road from the east, to Industrial Road on the west. The combined frontage on the Las Vegas Strip is over 3,500 feet, including r...
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