Wynn says he’s moving ahead with second Macau casino
Wynn Resorts Ltd. founder Steve Wynn is proceeding with plans for a second casino in the Chinese territory of Macau and says he has no plans to retire.
Wynn was asked about his future in an interview published in Monday's Wall Street Journal. When asked, he said he had no one in mind to become the next chief executive of Wynn Resorts.
"I'm too young. I'm 69 and I got married (a few) weeks ago. I'm healthy and I'm going out with my boots on," Wynn said.
Wynn did mention Linda Chen, chief operating office of Wynn Macau Ltd.
"So if you ask me who could do it? A Chinese woman," he said.
Chen is also president of Wynn International Marketing Ltd. and is a board member of both Wynn Macau and Las Vegas-based Wynn Resorts.
Wynn told the Journal that he flies to Macau every six weeks. Wynn Resorts' second casino resort is expected to open there in 2015.
With so much of the company's business in Macau, Wynn told the newspaper that these days he thinks of Wynn Resorts as a Chinese company.
Wynn Resorts owns and operates the Wynn Las Vegas/Encore on the Strip and the Wynn Macau/Encore in Macau.
Contact reporter Chris Sieroty at csieroty@reviewjournal.com or 702-477-3893.
