Resorts

Topics: Wynn Las Vegas, Desert Inn, Steve Wynn Pages: 3 (974 words) Published: September 14, 2013
Wynn Resorts: answer the following questions in APA Format

1. What is the importance of Mr. Steven Wynn himself, to the company? What potential problems could arise if he left the company? 2. What are the strengths and weaknesses of Wynn's Macau (People's Republic of China) strategy? 3. What are the three main issues that Wynn Resorts must focus their efforts on in order to preserve their two largest revenue sources: the Wynn Las Vegas and Macau?  Mr Steven Wynn pursued his fervor as an entrepreneur and has changed the style of resorts and gaming. He is the most talented casino gamer in the world since long. He has made himself such a name in the gaming world that can never be out placed by anyone in the world. He is the same person who developed the casino at Las Vegas which is a million dollar market today. The most powerful Wynn Resort company is the result of his billion dollar strategy. It was quiet a sharp move when he chose to buy Desert Inn, and within few weeks he dissolved the Inn. He is the same person who developed the casino at Las Vegas which is a million dollar market today. The most powerful Wynn Resort company is the result of his billion dollar strategy. The move to sell the Desert Inn within such a less amount of time was the most effective business strategy of all times. This $270 million was rightly earned and reinvested in the most powerful resort company of the world. The well known company, Wynn Resort public limited was initialized by the investment made by Mr wynn. The investments that he made in the the Resort metamorphosed it worth billions dollars company by 2004, double of the net worth it had. By April 2005, he made such a huge investment in his Wynn resort in Las Vegas, that it became one of the most expensive Resort. It stand’s on the same location where the former Desert Inn once stood may be of billions of worth. One of three largest gaming hubs, a wise and successful bid was made by Wynn for it in Macau. This Special...
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