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Boone Wayson Joins the Board of Directors for Wynn Resorts, Limited

LAS VEGAS--(BUSINESS WIRE)--Aug. 11, 2003--Wynn Resorts, Limited (NASDAQ: WYNN) announced today that it has increased the size of its Board of Directors to 10 by appointing D. Boone Wayson as an additional director to serve on its Board of Directors. Mr. Wayson participated in Wynn Resorts' Board of Directors' meeting today immediately after accepting his appointment. In addition to his service as a member of the Board of Directors, Mr. Wayson will serve on the Nominating and Corporate Governance Committee of the Board of Directors.

D. Boone Wayson has been a Principal of Wayson's Properties, Inc., a real estate development and holding company since 1970. He also serves as an Officer and/or Director of Wayson's Properties, Inc., Boone Estates, Inc., 3-W Inc., Venture Farms, Inc., and Double Paces Stable, Inc. From 2000 through May 2003, Mr. Wayson served as a Member of the Board of Directors of MGM Mirage and from 1987 through May 2000, served as a Member of the Board of Directors of Mirage Resorts. Mr. Wayson also served as President and Chief Executive Officer of the Golden Nugget Atlantic City from 1984 until its sale in 1987.

This press release contains "forward-looking statements" within the meaning of the federal securities laws. The forward-looking statements in this press release involve risks and uncertainties, which could cause actual results to differ from those expressed in or implied by the statements herein. Additional information concerning potential factors that could affect the company's future results is included under the caption "Risk Factors" in Item 1 of Wynn Resorts' annual report on Form 10-K for the year ended December 31, 2002.

CONTACT:
Wynn Resorts, Limited
Samanta Hegedus, 702/733-4520
investorrelations@wynnresorts.com

SOURCE: Wynn Resorts, Limited