VEGAS, Nevada - Curtains up. It's showtime at Wynn Las
With design work done, financing complete and shell construction
wrapping up, the $2.5 billion project becomes operational
Monday when it starts hiring an expected 9,000 line employees,
developer Steve Wynn said.
"We've passed the tipping point," he said. "However
good we were at design and financing, it's the people who
bring it to life. The hiring part is the real game; Sunday
afternoon at the Masters."
This time around, Wynn has his fans, and skeptics are hard
Deutsche Bank analyst Andrew Zarnett said there isn't a
chance of a flop this close to opening.
"When you look at his experience, the numbers of qualified
people who want to work with him, the people who know him,
it'd be almost hard not to hire the right people,"
University of Nevada, Las Vegas history department Chairman
Hal Rothman said it's highly likely that Wynn will succeed
in recruiting the best and the brightest, allowing him to
unveil a premier property the way he wants and reigniting
excitement in Las Vegas as a destination.
"I can't figure out what will be done that will increase
the level of luxury, but I believe he will do it. He'll
raise the bar in important ways," he said. "It's
very clear Steve Wynn is a draw and an opportunity that
can't be matched. He has a reputation that will draw the
people he wants to work for him. The prospects for his succeeding
"Wynn Las Vegas should yield a huge return to the bottom
line over the next year for the city, the county and the
state as customers and the just plain curious come to see
Zarnett said because no major destination resort has opened
in Las Vegas in the past five years, the opening of Wynn
Las Vegas will swell visitation as thousands of people come
to see "what Steve has built."
Wynn's goal, as it was with The
Mirage (1989), Treasure
Island (1993) and Bellagio
(1998), is to open the entire 2,700-room resort complex
all at once, April 28, except for the "Avenue Q"
show and theater, which will open on Labor Day.