Jack Binion to Join Wynn Resorts.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Wynn Resorts Wynn Resorts Limited NASDAQ: WYNN was formed on October 25, 2002 by former Mirage Resorts Chairman and CEO Stephen A. Wynn. The company is based in Las Vegas, Nevada and is a developer and operator of high end hotels and casinos. , Limited (Nasdaq:WYNN) announced today that Jack Binion, one of America's most highly respected gaming executives and developers, has been appointed Chairman of Wynn International, acting as the senior executive for the Company's Asian operations and development. In making the announcement, Stephen A. Wynn, Chairman of Wynn Resorts, Limited, commented that, "The decades of experience and unparalleled success that Jack brings to our Company is extraordinary. Jack takes his place in the Company at a moment in our history that is truly auspicious. He will lend his direction and maturity to Wynn Macau, opening in just 40 days. Jack's guidance will greatly enhance our ability to deal with the challenges that we face as a fledgling operator in China. We face our future in China with humility and great anticipation and, in the company of Mr. Binion, great confidence as well." Wynn Resorts, Limited is traded on the Nasdaq National Market under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors WYNN and is part of the NASDAQ-100 Index. The company owns and operates Wynn Las Vegas (www.wynnlasvegas.com), a luxury hotel and destination casino resort located on the Las Vegas Strip The Las Vegas Strip (also known as The Strip) is a 4 mi (6.7 km) section of Las Vegas Boulevard South, most of which has been designated an All-American Road. which opened to the public on April 28, 2005. Wynn Las Vegas features 2,716 luxurious guest rooms and suites; an approximately 111,000 square foot casino; 22 food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. outlets; an on-site 18-hole golf course; approximately 223,000 square feet of meeting space; an on-site Ferrari and Maserati dealership; and approximately 76,000 square feet of retail space. Wynn Resorts, Limited is currently constructing Wynn Macau, a destination casino resort in the Macau Special Administrative Region of the People's Republic of China A Special Administrative Region is an administrative division of the People's Republic of China. Each SAR has a Chief Executive as head of the region and head of government. . Wynn Macau is scheduled to open in September 2006 (www.wynnmacau.com). |
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