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 change.
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