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:Nevada Gambling News Brief
Wynn opens new casino resort in Las Vegas
AFP, Saturday, December 20, 2008 at 12:01:36 PM
His competitors face free falling stock prices and potential bankruptcies, but Steve Wynn's company is sitting pretty as it prepares to open the doors on Monday to its lavish new resort, Encore.
The 2.3 billion-dollar, 2,000-room hotel-casino, which is attached to the 3-year-old Wynn Las Vegas on the Strip, debuts at a moment when Las Vegas is gripped in its worst downturn in decades.
But Wynn is confident that he'll weather the storm.
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Gambling Factoid #32:
Covering 109,826 square miles, Nevada is one of the nation's largest states, but it has only 186 acres devoted to actual gambling.
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Covering 109,826 square miles, Nevada is one of the nation's largest states, but it has only 186 acres devoted to actual gambling.
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