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August 27, 2020 - 9:54 pm

Steve Wynn moved to Las Vegas in 1967 and invested in the Frontier Hotel. Less than a year later, the Frontier was sold to billionaire Howard Hughes. Wynn turned his attention to the Golden Nugget. The Golden Nugget had one of the most desirable locations on Fremont Street. In 1972 Wynn and a group of investors bought enough stock to get elected to the board of directors. He took control by 1973. He used Golden Nugget profits to buy an aging hotel in Atlantic City. Wynn tore it down, and by 1980 had built another Golden Nugget with 506 rooms. Wynn then sold the Atlantic City property for $440 million, plowing part of the money into building The Mirage. The Mirage opened in November 1989, with a published price of $630 million. Construction of Treasure Island followed soon after. Bellagio was Steve Wynn’s next move. The 1998 opening of the 3,000-room Bellagio and its $1.6 billion price made it the most expensive resort built at the time. In 2000, Wynn sold his company, Mirage Resorts, to MGM Grand Inc. However Steve Wynn wasn’t leaving Las Vegas. Wynn Las Vegas, with a $2.7 billion construction price tag, opened in April 2005. The Wynn and sister property Encore built in 2008 have more than 4,700 rooms. Steve Wynn’s next move was a major investment in Macau. Wynn Macau was completed in 2006, followed by Wynn Palace, which opened in 2016. Wynn’s Proposed Vegas Expansion:
Paradise Park, a 47-story, 1,500-room hotel, on the site of the Wynn Golf Course. Construction scheduled to start early 2018. In January 2018 Wynn announced plans to build Wynn West, a 2,000-3,000-room property on the 38-acre Alon site that was purchased on Dec. 13 for $336 million. Wynn said he wants to push ahead with development on his undeveloped land because he expects Las Vegas will boom over the next 20 years as tax breaks stimulate an “economic renaissance.”

Job creation surges in January, report says

August 27, 2020 - 9:54 pm

U.S. businesses continued to hire at a healthy pace in January. Payroll processor ADP said Wednesday that companies added 234,000 jobs. Job gains at that pace are easily enough to drive down an already-low unemployment rate. Companies have been steadily adding jobs for the past eight years. On Friday, the government’s employment report for January will likely show a gain of 175,000 jobs.

Search warrant document shows 2nd ‘person of interest’ after Las Vegas shooting

August 27, 2020 - 2:18 pm

A judge unsealed nearly 300 pages of search warrant records, including one document that publicly identified an additional “person of interest” in the Oct. 1 massacre on the Las Vegas Strip. “Until the investigation can rule otherwise, Marilou Danley and Douglas Haig have become persons of interest who may have conspired with Stephen Paddock to commit Murder with a Deadly Weapon,” according to the Metropolitan Police Department document Danley was Paddock’s girlfriend and initially was named as a person of interest in the investigation. Authorities later said they do not expect her to face charges. Haig, whose name had not been previously released, spoke to reporters Tuesday evening outside his home in Mesa, Arizona, and confirmed that he has been contacted by investigators. “I’m the guy that sold ammunition to Stephen Paddock,” Haig said. He said he met with Paddock, the gunman behind the mass shooting, once but did not know him. He declined to answer additional questions.

Wynn Vegas History

August 27, 2020 - 2:20 pm

“If you’re good at what you do, it’s a game of skill, not chance.” Success Magazine 2014. Steve Wynn moved to Las Vegas in 1967 and invested in the Frontier Hotel. Less than a year later he sold the Frontier to billionaire Howard Hughes. Wynn has said he made no money on the deal. The Golden Nugget had one of the most desirable locations on Fremont Street . In 1972 Wynn and a group of investors bought enough stock to get elected to the board of directors and eventually take control. By August 1973 Wynn ran the company, and in one year he increased the pre-tax profits from $1.1 million to $4.2 million. He used Golden Nugget profits to buy an aging hotel in Atlantic City, where gambling had just become legal. Wynn tore it down, and by 1980 had built another Golden Nugget with 506 rooms. By 1984 his net worth was estimated at $100 million. Wynn then sold the Nugget’s Atlantic City property for $440 million, plowing part of the money into building The Mirage. It opened in November 1989, with a published price tag of $630 million. It was soon followed by the construction of Treasure Island. Bellagio was Steve Wynn’s next move. The 1998 opening of the 3,000-room Bellagio and its $1.6 billion price tag made it the most expensive resort ever built at the time. In 2000, Wynn sold his company, Mirage Resorts, to MGM Grand Inc. However Steve Wynn wasn’t leaving Las Vegas. Wynn Las Vegas opened April, 2005 on the site of the former Desert Inn Hotel. Wynn Las Vegas broke records with a $2.7 billion construction price tag. The Wynn and sister property Encore built in 2008 have more than 4700 rooms. Steve Wynn’s next move: major investments in Macau. Wynn Macau was completed in 2006, followed by Wynn Palace which opened in 2016. The casino operator plans to start construction of Paradise Park, which includes a 47-story, 1,500-room hotel, on the site of the Wynn Golf Course in early 2018. In January 2018 Wynn announced plans to build Wynn West, a 2,000-3,000-room property on the 38-acre Alon site that was purchased on Dec. 13 for $336 million. Wynn said he wants to push ahead with development on his undeveloped land because he expects Las Vegas will boom over the next 20 years as tax breaks stimulate an “economic renaissance.”

Suspected Aria counterfeiter hurt jumping off Harmon overpass

August 27, 2020 - 2:21 pm

A man who allegedly tried to use a counterfeit bill at the Aria was hospitalized after he jumped off an overpass trying to escape police. About 2 a.m. Tuesday, security at the Aria flagged down police. When police tried to talk to him, the man fled and led police on a foot chase, according to Lt. David Gordon. The chase ended at the Harmon Avenue overpass above Interstate 15, when the man jumped off the side and landed in the rocky landscaping below. The man was taken to the hospital for evaluation.

Neighbor thanks firefighters with sweet treats

August 27, 2020 - 2:21 pm

Clark County firefighters responded Monday night to a vacant house fire at 3687 Lanai Ave. Neighbors said the people living there had moved out recently, but had been cleaning the house over the weekend. Neighbors watched as firefighters quickly doused flames coming from inside a car port. One grateful neighbor thanked firefighters with cookies. The cause of the fire is being investigated.

Some parking fees going up on Las Vegas Strip

August 27, 2020 - 2:25 pm

Some parking fees are going up on the Las Vegas Strip Wednesday. The day rate for Mandalay Bay, MGM Grand, The Mirage, Monte Carlo and New York-New York will rise from $12 to $15. The rate for 1 to 2 hours will increase from $7 to $9. The rate for 2 to 4 hours will rise from $10 to $12. Bellagio, Aria and Vdara’s daily rate is rising to $18. Circus Circus, Luxor and Excalibur will see smaller bumps in pricing.

2 Nevada puppies to compete in Animal Planet’s ‘Puppy Bowl’

August 27, 2020 - 2:25 pm

Football just got a whole lot cuter! 2 puppies from the Nevada SPCA will compete in Animal Planet’s ‘Puppy Bowl’ Sunday Kassi will compete for Team Ruff, and Rufus for Team Fluff Rufus may be more interested in squeaky toys than footballs, and he likes ear scratches more than touchdowns This is the fourth year the NSPCA has had a puppy in the ‘Puppy Bowl’ The ‘Puppy Bowl’ will air at 12 p.m. PST Sunday on Animal Planet Who you got? Team Ruff or Team Fluff?

Teacher at Las Vegas magnet school arrested on child sex charges

August 27, 2020 - 2:25 pm

A math teacher at West Career and Technical Academy in Las Vegas has been arrested on child sex charges. Renee Rine, 36, was booked Friday into the Clark County Detention Center. She is being held without bail. She also faces charges of first-degree attempted kidnapping and contact with a minor or mentally-ill person. Rine is the ninth school district employee arrested during the current school year.

Rancho Discount Mall shooting

August 27, 2020 - 2:26 pm

Las Vegas police are investigating a deadly shooting Monday morning in central Las Vegas. A man was found dead after 3 a.m. outside the Rancho Discount Mall at 2901 W. Washington Ave. The man had been shot once. He was pronounced dead at the scene. Police have blocked off the parking lot in front of the store while detectives investigate. At 5 a.m., the man’s body was still on scene, laying on the walkway near a shopping cart and a pile of blankets.