Apr 20th 2007
Wynn Las Vegas is a resort of massive proportions. Valued at 2.7 billion dollars, it offers 2,700 hotel rooms, 19 restaurants and even has a Maserati dealership. It's a place for those with big, very big bankrolls, also known as "whales". There is a new "whale" hunter in town, and he seems to be a worthwile competitor.
Wynn has built a reputation of someone that can create great gaming establishments for the rich. The well known Bellagio is one of his creations.
Wynn Las Vegas has all the makings of a great gambling resort. It will certainly attract a lot of players to Las Vegas, and that is always good news for the casinos. But other establishments that cater to the rich and super rich do not look too kindly at this new resort. After all, there aren't that many high end players out there, and the competition is fierce to attract and keep them.
These other establishments will have to work hard if they want to keep their high end gamblers. And the baccarat players are the ones that give the casinos' their biggest profits. It is especially these players that they must be careful not to lose to new attractions like Wynn Las Vegas.
No other major gaming establishment has opened in Vegas in the last 5 years. It is a breath of fresh air in the world oh high end gaming establishments.