06.10.2005 17:20:00
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Andrew Pascal Promoted to President and COO of Wynn Las Vegas
Mr. Pascal, who was Executive Vice President and COO of Wynn LasVegas, has been with Wynn Resorts since 2003, and accumulated morethan 15 years of casino industry experience beginning with the GoldenNugget and continuing with the opening and operation of The Miragecasino resort. He was co-founder and President of Silicon Gaming, aSilicon Valley company that developed and manufactured unique slotmachine products. Following the sale of Silicon Gaming to IGT, hebecame President and CEO of WagerWorks, where he guided that companythrough its early stages of development of internet gaming software.
As President of Wynn Las Vegas, Mr. Pascal succeeds Marc Schorr,who will continue to serve as Chief Operating Officer of Wynn Resorts,Limited. Mr. Schorr served a dual role as COO of the parent companyand as President of Wynn Las Vegas throughout the resort'sdevelopment, construction, and opening in April of this year. In hiscontinuing role as COO of Wynn Resorts, Limited, Mr. Schorr willconcentrate on the last stages of planning for the opening of WynnMacau, which is scheduled for the third quarter of 2006. He also willfocus on the Company's future development of its Las Vegas real estateassets.
Wynn Resorts, Limited is traded on the Nasdaq National Marketunder the ticker symbol WYNN and is part of the NASDAQ-100 Index. Thecompany owns and operates Wynn Las Vegas (www.wynnlasvegas.com), aluxury hotel and destination casino resort located on the Las VegasStrip which opened to the public on April 28, 2005. Wynn Las Vegasfeatures 2,716 luxurious guest rooms and suites; an approximately111,000 square foot casino; 22 food and beverage outlets; an on-site18-hole golf course; approximately 223,000 square feet of meetingspace; an on-site Ferrari and Maserati dealership; and approximately76,000 square feet of retail space. Wynn Resorts, Limited is currentlyconstructing Wynn Macau, a destination casino resort in the MacauSpecial Administrative Region of the People's Republic of China.
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Wynn Resorts Ltd. | 88,52 | 2,91% |
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NASDAQ Comp. | 19 218,17 | 0,83% |