“Steve Wynn Has Done More for Nevada Than Any Business Leader in History
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Gaming Research May 28, 2018 Ken Liu (702) 266-5620 CAESARS ENTERTAINMENT CORP
Gaming Research May 28, 2018 Ken Liu (702) 266-5620 CAESARS ENTERTAINMENT CORP. (NASDAQ: CZR) [email protected] 1630 S. Commerce St. Caesars has a significant presence in Las Vegas with a 63% EBITDA Las Vegas, NV 89141 exposure. Labor contracts for most Las Vegas casino resorts, including all but one of the Caesars properties, expire at the end of May. Last week, 25,000 union members voted to authorize a strike by a 99% margin. Main outstanding issues in CZR negotiations include technology, housekeeping workload study, union security in case of change of ownership, and wages and benefits. The difference between the two sides’ economic proposals is approximately $7.4 million in the first year and $8.9 million in the fifth year. A one-month strike could reduce CZR’s EBITDAR by nearly $120 million. Negotiations are scheduled for May 29 and May 30 Labor contracts for most Las Vegas casino resorts expire at the end of May. Collective bargaining agreements between UNITE HERE’s Culinary Local 226 and Bartenders Local 165 (“the Union”) and most of the casino resorts on the Las Vegas Strip and Downtown Las Vegas are set to expire at the end of this month. All Caesars properties except the Rio have contracts expiring at the end of the month. (See the end of this note for a list of properties at risk.) Caesars has a significant presence in Las Vegas with a 63% EBITDA exposure. Negotiations for a new 5-year deal covering all CZR properties’ approximately 12,000 workers started in March, but major differences remain between the unions and the company. -
About Wynn Resorts
About Wynn Resorts About Wynn Resorts Stephen A. Wynn, the founder of Wynn Resorts, Limited, is the preeminent designer, developer and operator of Integrated Resorts globally. Wynn Resorts owns and operates two Integrated Resorts in Las Vegas, Nevada and three in the Macau Special Administrative Region of the People’s Republic of China (“Macau”). The Wynn development team envisions, designs, and builds boldly conceived Integrated Resorts that set progressively higher standards for quality, guest service and entertainment and that transformed their markets from “gaming-only” locales to diversified global tourist destinations. Wynn Integrated Resorts seamlessly integrate sophisticated architecture, luxurious interior design, and a diverse selection of amenities, including fine-dining restaurants, premium-retail offerings, a full range of 24-hour games, convention facilities, and live-performance venues. The result: unique experiences for guests of the highest quality. Guided by the simple truth that, “Only people can make people happy,” Wynn employees are devoted to delivering the Wynn promise of always exceeding guest expectations. For 40 years, resorts led by the Wynn development team have been the employer of choice in their markets. An Unparalleled Record of Market Transformation As Chairman of the Board, President and Chief Executive Officer of Mirage Resorts, Incorporated, Mr. Wynn opened The Mirage, Las Vegas’ first true Integrated Resort, in 1989. The Mirage, at that time the most expensive casino in the history of Las Vegas, was an instant success, breaking all Las Vegas records for profitability and for the first time generated more non-gaming revenue than gaming revenue for a Las Vegas resort. The Mirage not only established the concept of an Integrated Resort but also broadened the global appeal of Las Vegas, triggering an immediate $12 billion city-wide investment boom that made Las Vegas the number one tourist destination in the world. -
53 Feature Photography by Jerry Metellus
FEATURE PHOTOGRAPHY BY JERRY METELLUS In this, Luxury's first ever “Power Influencer” issue, we present to you an impressive array of individuals who’ve been integral in enriching our community in the areas of gaming, education, arts and culture, hospitality, philanthropy and development. APRIL 2016 | LUXURYLV.COM 53 FEATURE | POWER INFLUENCER STRATEGIC THINKING PROCESS Donald Snyder’s success is a result of taking tough jobs, solving problems and building consensus BY MATT KELEMEN Donald Snyder left his position as acting president In a city where mavericks traditionally played with of the University of Nevada, Las Vegas at the end of their cards close to their chests, Snyder made it a 2015 to make way for incoming president, Len Jessup, point always to lay his on the table face up. Although but he continues to serve as presidential adviser for he arrived in Vegas with his family via Reno, Nev., as strategic initiatives. president of First Interstate Bank—which later was consolidated into Wells Fargo—his experience coming The co-founder of Bank of Nevada and prime mover into an unfamiliar situation and building consensus to behind the development of The Smith Center for the tackle tough problems worked to his benefit in the still- Performing Arts has been active with the university young city. since shortly after arriving in Las Vegas in 1987, but that initial involvement only would be the beginning of what “A lot of what I’ve done over the years I categorize would become a wide spectrum of community service more as community building,” he says, crediting his and philanthropic endeavors. -
Wynn Resorts, Limited and Subsidiaries Notes to Consolidated Financial Statements 1
WYNN RESORTS, LIMITED AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. Organization Wynn Resorts, Limited, a Nevada corporation (together with its subsidiaries, “Wynn Resorts” or the “Company”), was formed in June 2002 and completed an initial public offering of its common stock on October 25, 2002. In June 2002, the Company’s indirect subsidiary, Wynn Resorts (Macau), S.A. (“Wynn Macau, S.A.”), entered into an agreement with the government of the Macau Special Administrative Region of the People’s Republic of China (“Macau”), granting Wynn Macau, S.A. the right to construct and operate one or more casino gaming properties in Macau. Wynn Macau, S.A.’s first casino resort in Macau is hereinafter referred to as “Wynn Macau”. The Company currently owns and operates three casino hotel resort properties, Wynn Las Vegas, which opened on April 28, 2005, Encore at Wynn Las Vegas, which opened on December 22, 2008, and Wynn Macau, which opened on September 6, 2006. In addition, the Company is constructing Encore at Wynn Macau which will be fully integrated with Wynn Macau and is expected to open in 2010. 2. Summary of Significant Accounting Policies Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its majority- owned subsidiaries. Investments in the 50%-owned joint ventures operating the Ferrari and Maserati automobile dealership and the Brioni mens’ retail clothing store inside Wynn Las Vegas are accounted for under the equity method. All significant intercompany accounts and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with U.S. -
This Agenda Posted for Public Inspection in the Following Locations
THIS AGENDA POSTED FOR PUBLIC INSPECTION AT THE FOLLOWING LOCATIONS: 1919 College Parkway, Carson City, Nevada 885 East Musser Street, Carson City, Nevada 209 East Musser Street, Carson City, Nevada 100 Stewart Street, Carson City, Nevada 555 East Washington Avenue, Suite 2600, Las Vegas, Nevada * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * A G E N D A * NEVADA GAMING COMMISSION MEETING **(STATE GAMING CONTROL BOARD) State Gaming Control Board Offices Conference Room 2450 555 East Washington Avenue Las Vegas, Nevada January 21, 2010 10:00 A.M. Pledge of Allegiance Nonrestricted Agenda Items Restricted Agenda Items Administrative Matters Complaint(s) Regulation(s) Public Comments Gaming Employee Registrations Pursuant to NRS 463.335(13) Informational Items *IN ACCORDANCE WITH SECTION 241.020(2)©(2) OF THE NEVADA REVISED STATUTES, EXCEPT WHERE INDICATED THAT THE MATTERS ARE INFORMATIONAL ONLY, ALL AGENDAED ITEMS ARE SUBJECT TO ACTION AND DISPOSITION BY THE NEVADA GAMING COMMISSION. **IN ACCORDANCE WITH THE NEVADA OPEN MEETING LAW THE PUBLIC IS NOTIFIED THAT A QUORUM OF THE STATE GAMING CONTROL BOARD MAY BE IN ATTENDANCE AND MAY RESPOND TO QUESTIONS, CONCERNS, OR ISSUES POSED BY THE COMMISSION WHICH MAY RESULT IN DELIBERATION OR ACTION CONCERNING ITEMS ON THE COMMISSION’S AGENDA. TO PROMOTE EFFICIENCY AND AS AN ACCOMMODATION TO THE PARTIES INVOLVED, AGENDA ITEMS MAY BE TAKEN OUT OF ORDER. THE COMMISSION AGENDAS ARE POSTED ON THE WEBSITE (www.gaming.nv.gov) IN ACCORDANCE WITH NEVADA’S OPEN MEETING LAW. THE DISPOSITION AGENDA IS ALSO AVAILABLE FOLLOWING THE COMMISSION’S MEETING AT THE SAME SITE. NOTE: WE ARE PLEASED TO MAKE REASONABLE ACCOMMODATIONS FOR MEMBERS OF THE PUBLIC WHO ARE DISABLED AND WISH TO ATTEND THE MEETING. -
Wynn Boston Harbor Co-Hosts Massachusetts Girls in Trade
FOR IMMEDIATE RELEASE Wynn Boston Harbor Co-Hosts Massachusetts Girls In Trade Career Fairs EVERETT, MA — March 1, 2017 — Wynn Boston Harbor has announced that more than 350 female career and technical education high school students in Massachusetts have registered to attend the second annual Massachusetts Girls in Trades Conference and Career Fair to be held on March 2nd in Dorchester, MA. Wynn Boston Harbor is a founding member of the Massachusetts Girls in Trades which was established to encourage females in high school to consider high-wage careers that are in demand in the construction trades. “Wynn Boston Harbor wants to be a leader in promoting women to the many high- paying, high-skill jobs in the construction trades,” said Robert DeSalvio, President of Wynn Boston Harbor. “We will have 4,000 union construction workers on our project and we hope that many will be women beginning careers in construction.” The event on March 2nd will be held at the International Brotherhood of Electrical Workers Local 103, 56 Freeport Street, Dorchester, MA, from 10:00 AM to 1:00 PM, with registration beginning at 9:00 AM. Admission is free and lunch will be provided. A second conference will be held in Western Massachusetts on April 13th at the William J. Dean Technical High School, 1045 Main Street, Holyoke, MA. Vocational students who are interested in attending should contact their teacher, principal or vocational director. The Massachusetts Girls in Trade group was formed in late 2015 by Wynn Boston Harbor and Minuteman High School. This year’s Massachusetts Girls In Trade Career Fairs follow a successful inaugural event held last year in Dorchester. -
2020 Las Vegas Hotels
P E I C O N V E NTI O N AT T H E N A C S S H O W - - O c t o ber 1 1-1 4 2 0 2 0 2 020 L AS V E G A S H O T E L S PEI HOTELS ARE INDICATED IN RED 2020 1. ARIA Resort & Casino 1. ARIA Resort & Casino 2. Bellagio 2. Bellagio 21 3. Caesars Palace 3. Caesars Palace 20 4. *Courtyard by Marriott Convention Center 10 4. *Courtyard by Marriott Convention Center 11 5. Elara, a Hilton Grand Vacations Hotel 5. Elara, a Hilton Grand Vacations Hotel 6. *Embassy Suites Convention Center 29 6. *Embassy Suites Convention Center 7. Flamingo Las Vegas 22 7. Flamingo Las Vegas 8. *Hampton Inn & Suites Las Vegas Convention Center 8. Harrah’s Las Vegas 9. Harrah’s Las Vegas 13 CONVENTION 9. Hilton Grand Vacations Club on the Las Vegas Strip 19 CENTER 10. Hilton Grand Vacations Club on the Las Vegas Strip 27 4 11. *Hilton10. *Hilt onGrand Grand Vacations Vacations onon PaParadiseradise 8 11. Las Vegas Marriott Convention Center 30 18 12. *Home2 Suites by Hilton Las Vegas Convention Center 12 13. *Las12. MGM Vegas Gr andMarriott Hotel & ConventionCasino Center 6 14. MGM13. New Grand York-New Hotel Yo r&k HoCasinotel & Casino 15. New14. Pa York-Newris Las Vegas York Hotel & Casino 25 16. Paris15. Pa Lasrk MGM Vegas / NoMad Las Vegas 9 17. Park16. *R MGMenaissan / NoMadce Las Vegas Las HoVegastel 24 18. *Renaissance17. *Residence LasInn bVegasy Marr Hoteliott Convention Center 3 7 26 19. -
Wynn Resorts Annual Report 2020
Wynn Resorts Annual Report 2020 Form 10-K (NASDAQ:WYNN) Published: February 28th, 2020 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period to Commission File No. 000-50028 WYNN RESORTS, LIMITED (Exact name of registrant as specified in its charter) Nevada 46-0484987 (I.R.S. Employer (State or other jurisdiction of incorporation or organization) Identification No.) 3131 Las Vegas Boulevard South - Las Vegas, Nevada 89109 (Address of principal executive offices) (Zip Code) (702) 770-7555 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Common Stock, par value $0.01 WYNN Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
2021 HIMSS Global Conference & Exhibition
2021 HIMSS Global Conference & Exhibition Las Vegas Venue Guide 1 MEETING SPACE Companies exhibiting at the 2021 HIMSS Global Health Conference & Exhibition may request a meeting room to CAESARS FORUM host a function at a surrounding hotel. Submit a meeting Caesars Forum conference center request here. is the newest addition to the Caesars Entertainment family. Available dates and times: Meeting Request Form Monday, August 9: 8:00am-5:00pm* Monday, August 9: 8:00pm-12:00am* Tuesday, August 10: Ending prior to 8:00am Tuesday, August 10: 6:30pm - 12:00am Wednesday, August 11: Ending prior to 8:30am VENETIAN SANDS Wednesday, August 11: 6:30pm- 12:00am Sands Expo and Venetian Thursday, August 12: Ending prior to 8:30am Meetings is one of the largest and Thursday, August 12: 5:30pm – 12:00am most versatile exhibition and Friday, August 13: Ending prior to 8:30am meeting venue in Las Vegas. Meeting Request Form To host a meeting including conference attendees during education or exhibit hours, you may purchase a HIMSS Meeting Place Room at Venetian-Palazzo-Sands Expo Center on a first come, first serve basis. For additional information on HIMSS Meeting Place Rooms and other WYNN / ENCORE sponsorships, please contact: [email protected] At Wynn Las Vegas, experience * On Monday, August 9, audience cannot compete with HIMSS symposiums or workshops (only sales Forbes Travel Guide Five-Star luxury and staff meetings can occur); time cannot conflict with the HIMSS Opening Keynote Session and/or from the highest rated resort Reception from 5:00pm-8:00pm company in the world. -
Past & Present Projects
PAST & PRESENT PROJECTS HOTELS & CASINOS Osage Casino City - Tulsa, Oklahoma Project Owner - Osage Nation Project Architect - Marnell Architecture The Osage Nation tribe has just completed a ground-up construction project; Osage Casino which including 80K square feet of casino, 20K square feet of meeting and convention space, 140 room hotel, pool, and 2K seat event center. D3, Inc. had the opportunity to be brought in to educate ownership of a centralized IP distribution audio video system which incorporated the various requirements previously denied at their six other properties that limited production and added additional operational expenses. D3, Inc. provided a centralized control system design that allows complete automation of the design systems allowing management to focus on more important responsibilities, their clients. Project Dates - 2016-2018 Seneca Niagara Resort & Casino – Arrival / Reception Video Wall City - Niagara Falls, New York Project Owner – Seneca Nation Project Architect - Marnell Architecture 70’ wide by 5’ high curved panel Resolution – 7,680 x 720 / 8K 5,529,600 total pixel count Project Date - 2018 Park MGM & NoMad City - Las Vegas, Nevada Project Owner - MGM Resorts International Project Architects - Marnell Architecture, RAFI Architecture, Novus Architecture, Stonehill Taylor Architects, BunnyFish Studios and Avarrus Studios After 22 years in operation, MGM Resort's Monte Carlo Hotel & Casino has undergone a rebranding as well as a complete renovation of the property. The transformation took on the name of Park MGM Hotel and Casino which included a Hotel within a Hotel concept which carries the name NoMad occupying the top 4 levels of the main tower. D3, Inc. was hired to centralize the technology systems spread out across 50K square feet of upgraded meeting space and ballrooms, 4 pools, 80K square feet of the casino floor and multiple venues. -
Amended Complaint for Wynn Resorts Lawsuit
Electronically Filed 3/23/2018 3:55 PM Steven D. Grierson CLERK OF THE COURT 1 ACOM WOLF, RIFKIN, SHAPIRO, SCHULMAN & RABKIN, LLP 2 DON SPRINGMEYER, ESQ. Nevada Bar No. 1021 3 BRADLEY S. SCHRAGER, ESQ. 4 Nevada Bar No. 10217 3556 E. Russell Road, Second Floor 5 Las Vegas, Nevada 89120 Telephone: (702) 341-5200/Fax: (702) 341-5300 6 [email protected] [email protected] 7 8 COHEN MILSTEIN SELLERS & TOLL PLLC JULIE GOLDSMITH REISER 9 (pro hac vice to be submitted) KALPANA KOTAGAL 10 (pro hac vice to be submitted) 11 ELIZABETH A. ANISKEVICH (pro hac vice to be submitted) 12 ERIC S. BERELOVICH (pro hac vice to be submitted) 13 1100 New York Avenue NW, Suite 500 Washington, D.C. 20005 14 Telephone: (202) 408-4600/Fax: (202) 408-4699 15 [email protected] [email protected] 16 [email protected] [email protected] 17 (additional counsel on signature page) 18 19 Attorneys for Plaintiffs 20 DISTRICT COURT 21 CLARK COUNTY, NEVADA 22 THOMAS P. DiNAPOLI, COMPTROLLER Case No.: A-18-770013-B OF THE STATE OF NEW YORK, AS Dept. No.: XIII 23 ADMINISTRATIVE HEAD OF THE NEW YORK STATE AND LOCAL RETIREMENT VERIFIED AMENDED 24 STOCKHOLDER DERIVATIVE SYSTEM AND TRUSTEE OF THE NEW COMPLAINT 25 YORK STATE COMMON RETIREMENT FUND, and NEW YORK CITY (Exemption From Arbitration Requested. 26 EMPLOYEES’ RETIREMENT SYSTEM, Damages Exceed $50,000) NEW YORK CITY POLICE PENSION Request for Business Court 27 FUND, POLICE OFFICER’S VARIABLE Assignment Pursuant to SUPPLEMENTS FUND, POLICE EDCR 1.61 (a) 28 VERIFIED AMENDED STOCKHOLDER DERIVATIVE COMPLAINT 2334043 v2 Case Number: A-18-770013-B 1 SUPERVISOR OFFICERS’ VARIABLE SUPPLEMENTS FUND, NEW YORK CITY 2 FIRE PENSION FUND, FIRE FIGHTERS’ VARIABLE SUPPLEMENTS FUND, FIRE 3 OFFICERS’ VARIABLE SUPPLEMENTS 4 FUND, BOARD OF EDUCATION RETIREMENT SYSTEM OF THE CITY OF 5 NEW YORK, TEACHERS’ RETIREMENT SYSTEM OF THE CITY OF NEW YORK, 6 and NEW YORK CITY TEACHERS’ VARIABLE ANNUITY PROGRAM, 7 derivatively on behalf of WYNN RESORTS, 8 LTD., 9 Plaintiffs, 10 vs. -
Wynn Macau, Limited 2019 Sustainability Report
Wynn Macau, Limited 2019 Sustainability Report (incorporated in the Cayman Islands with limited liability) Stock Code: 1128 Table of Contents Welcome 3 Sustainability at Wynn 11 Our People 17 Our Communities 30 Our Planet 49 Reporting Practices and Materiality 62 Performance Metrics 69 Content Index 75 HKEX ESG Reporting Guide 76 GRI Index 79 SHARE YOUR FEEDBACK We welcome feedback and questions on this report; and encourage you to send them to our Sustainability Team at [email protected]. Trademarks and service marks owned by Wynn Resorts Holdings, LLC are included throughout this report. All other trademarks are the property of their respective owners. ©2020 Wynn Resorts Holdings, LLC Welcome BACK TO TABLE OF CONTENTS A message from Linda Chen As we review the progress we have made in our sustainability vision over the past year, we are mindful of the transformational challenges for our business that we seek to address through our actions. Some are known, while others, like the COVID-19 pandemic, are unforeseeable. But even as we continue to grapple with the resulting changes that are reshaping the environment in which we operate, I am proud to say that our efforts over the past year have continued to show our strength, our resilience and our capacity to have a positive impact when we come together. Focus has been drawn to what truly matters, revealing the truth in our mindset of “Care about Everyone and Everything”. As ever, Wynn’s ability to thrive has been rooted in our people. Our maxim has been to empower employees, investing in their skills through comprehensive talent development programs so they can achieve their goals and drive our business forward.