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Wynn Resorts Planning $1.6 Billion Expansion On The Las Vegas Strip

Tags: Las Vegas, Steve Wynn, Wynn Resorts
Posted on Friday, April 15, 2016 by "T".
Wynn Resorts Ltd. is currently considering building a lake resort expansion involving a whopping 1,000 rooms and 250,000 square feet of meeting space at its Las Vegas Strip property sitting on the middle of a 38-acre lagoon which would host paddle boarding, parasailing, and water skiing during the day, and fireworks shows held every evening. Wynn Resorts CEO and chairman Steve Wynn said on April [...]   Read more » Wynn Resorts Planning $1.6 Billion Expansion On The Las Vegas Strip

  15-Apr-16, 09:10   #1
Wynn Resorts Planning $1.6 Billion Expansion On The Las Vegas Strip 0 
pochui 

Joined: May '08
Location: Lithuania
Age: 32 (M)
Posts: 8648
well yeah i think it's a wise decision to expand the current holdings and to add additional space which most importantly would be used for not gambling related operations- diversification is a must for a major operator, since this would open them to a more stable revenue base and additional cross marketing opportunities.

     
  19-Apr-16, 13:35   #2
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4685
Posted by pochui:
well yeah i think it's a wise decision to expand the current holdings and to add additional space which most importantly would be used for not gambling related operations

This is gambling related as well, they want all these recreational spaces for the family, to keep mommy and daddy in the casinos while the kids playing elsewhere.

     
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