{"id":12522,"date":"2014-01-23T10:27:59","date_gmt":"2014-01-23T18:27:59","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=12522"},"modified":"2014-01-23T11:18:14","modified_gmt":"2014-01-23T19:18:14","slug":"the-importance-of-being-steve-wynn","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/the-importance-of-being-steve-wynn\/","title":{"rendered":"The importance of being Steve Wynn"},"content":{"rendered":"

\"steve-wynn\"<\/a>How can you pitch a multi-billion-dollar casino in largely extemporaneous fashion, bereft of glossy renderings or a video fly-through. By being Steve Wynn<\/strong>, that’s how. His pitch to the Massachusetts Gaming Commission<\/strong> seems to have been less about touting the virtues of his own casino proposal but shredding rival Mohegan Sun<\/strong>\/Suffolk Downs<\/strong>. Which he pretty much did<\/a>.\u00a0\u201cIf Wynn Resorts<\/strong> is selected, we have only one interest, this casino in Massachusetts<\/strong>. We don\u2019t give a damn about Connecticut<\/strong><\/em>,\u201d he remarked. He also made a good point when he noted that Suffolk Downs’ plan to silo its hotel, gambling and retail operations presented a “coordination nightmare.”<\/p>\n

Mohegan Sun had emphasized its “old-fashioned New England<\/strong> know-how and New England values” which also had the unintended consequence of reminding everyone of its New England proximity to Boston<\/strong>. That created an opening for Wynn and he charged through it, promising to reclaim Massachusetts dollars for Massachusetts, capturing table-game money that’s spent<\/a> (and not taxed) in Connecticut. Nor could Wynn resist a bit of snark, referring to Mohegan Sun’s “three-star resort” plan for Suffolk Downs, compared to his own “five-star” one for Everett<\/strong>. It was, on paper, a bravura performance that ought to seal the deal for Wynn in his pursuit of a Boston-area casino.<\/p>\n

\"MGM<\/a>Wynn’s stemwinder took place against the backdrop of steep job cuts at Foxwoods Casino Resort<\/strong>, where 120 dealers will pink-slipped<\/a>. The UAW<\/strong> was sanguine about the matter, a representative saying,\u00a0\u00a0\u201cIt was quite obvious and apparent the company had no choice. The business is down<\/em>.” A few pit bosses will get the sack, too. One hundred-plus workers is a hangnail on Foxwoods’ 8,000-person workforce. But this cutback does reinforce how, sandwiched between Rhode Island<\/strong>‘s Twin Rivers<\/strong> casino and Resorts World New York<\/strong>, Foxwoods is chasing a finite number of gambling dollars.<\/p>\n

A new Las Vegas<\/strong> tourist attraction, in the form of a veterans memorial<\/a>, continues to creep forward, dogged by fundraising difficulties.<\/p>\n","protected":false},"excerpt":{"rendered":"

How can you pitch a multi-billion-dollar casino in largely extemporaneous fashion, bereft of glossy renderings or a video fly-through. By being Steve Wynn, that’s how. His pitch to the Massachusetts Gaming Commission seems to have been less about touting the … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[51,166,120,112,167,25,141,32],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/12522"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=12522"}],"version-history":[{"count":6,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/12522\/revisions"}],"predecessor-version":[{"id":12528,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/12522\/revisions\/12528"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=12522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=12522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=12522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}