LAS VEGAS, July 2, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Tim Poster and Tom Breitling
will be joining Wynn Resorts (Nasdaq: WYNN) subsidiary Wynn Las Vegas as Sr.
Vice Presidents of Strategy and Development.
As long-standing business partners, Tim and Tom have together helped to
pioneer the online travel industry with the development and ultimate sale of
Travelscape to Expedia. This Las Vegas oriented travel company established a
sales model that was eventually adopted and more fully exploited by the
leading internet-based travel agencies.
It wasn't long after selling Travelscape that Tim and Tom orchestrated the
acquisition of the Golden Nugget, and turned their attention towards
revitalizing this classic casino property. As the principal operators, they
expanded their knowledge and understanding of integrated resort operations and
managed to reinvigorate this downtown Las Vegas gem. Their collective
experiences and their entrepreneurial drive, make them ideally suited to
assist Wynn as it prepares for another period of substantial growth and
This is a very exciting time for our company as we prepare to expand both
here in Las Vegas and in Asia, noted Steve Wynn. Until now, we've only been
limited by our human capital and our limited capacity to design, develop and
operate resorts that live up to our standards. With the addition of Tim and
Tom to our leadership team we have both improved our opportunities for success
with our existing ventures and enhanced our ability to pursue new ones.
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under
the ticker symbol WYNN and is part of the NASDAQ-100 Index. Wynn Resorts owns
and operates Wynn Las Vegas (http://www.wynnlasvegas.com) and Wynn Macau
(http://www.wynnmacau.com). Wynn Las Vegas, a luxury hotel and destination
casino resort located on the Las Vegas Strip features 2,716 luxurious guest
rooms and suites; an approximately 111,000 square foot casino; 22 food and
beverage outlets; an on-site 18-hole golf course; approximately 223,000 square
feet of meeting space; an on-site Ferrari and Maserati dealership; and
approximately 74,000 square feet of retail space. Wynn Macau is a destination
casino resort in the Macau Special Administrative Region of the People's
Republic of China and currently features 600 deluxe hotel rooms and suites;
approximately 205,000 square foot casino; casual and fine dining in five
restaurants; approximately 46,000 square feet of retail space; a health club,
pool and spa, along with lounges and meeting facilities.
SOURCE Wynn Las Vegas