UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
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PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 2, 2007
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Wynn Resorts, Limited | ||||
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(Exact name of registrant as specified in its charter) | ||||
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Nevada |
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000-50028 |
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46-0484987 |
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(State or other jurisdiction |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
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3131 Las Vegas Boulevard South |
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Las Vegas, Nevada |
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89109 | ||
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(Address of principal executive offices of each registrant) |
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(Zip Code) | ||
(702) 770-7555
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) On July 3, 2007, Wynn Resorts, Limited (the “Company”) issued a press release announcing that the President of Wynn Macau, Grant R. Bowie, will leave the Company and will be replaced by Ian Coughlan, effective July 6, 2007.
(c) On and effective July 6, 2007, Ian Coughlan will become the President of Wynn Macau.
Mr. Coughlan, 48 years old, joined an affiliate of the Company in January 2007 as Worldwide Director of Hotel Operations. From 1996, Mr. Coughlan was employed by the Peninsula Group, a hotel company, including positions as General Manager of the Peninsula Hong Kong and Peninsula Bangkok. The Peninsula Group is not a parent, subsidiary or other affiliate of the Company. Prior to joining the Peninsula Group, Mr. Coughlan held various positions with Mandarin Oriental and Ritz Carlton.
There are no family relationships among Mr. Coughlan and any directors or officers of the Company.
There have been no transactions nor are there any proposed transactions between the Company and Mr. Coughlan that would require disclosure pursuant to Item 404(a) of Regulation S-K.
The Company and Mr. Coughlan are currently finalizing the terms of his employment agreement to reflect his promotion. Once finalized, the Company will file an amendment to this Form 8-K within four business days to reflect the terms of Mr. Coughlan's employment agreement as required by this Item 5.02(c).
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Item 9.01. |
Financial Statements and Exhibits. |
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(d) |
Exhibits |
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Exhibit |
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Description |
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99.1 |
Press Release dated July 3, 2007. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: |
July 5, 2007 |
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Wynn Resorts, Limited
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By: |
/s/ John Strzemp |
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John Strzemp |
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Chief Financial Officer |
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Exhibit 99.1
Wynn Resorts Names Ian Coughlan President of Wynn Macau
LAS VEGAS--(BUSINESS WIRE)—July 3, 2007 Wynn Resorts, Limited (Nasdaq:WYNN) announced today that Grant R. Bowie, President of Wynn Macau, will leave the Company, effective July 6, 2007. Ian Coughlan has been named the new President of Wynn Macau. Mr. Coughlan joined Wynn Macau in January 2007 from the Peninsula Group where he served as General Manager of the Peninsula Hong Kong. Mr. Coughlan has extensive experience in Asia, serving as General Manager at the Peninsula Bangkok and in various capacities with Ritz Carlton and the Mandarin Oriental Group prior to his tenure at the Peninsula Hong Kong.
“We are delighted to have a man of Ian’s caliber stepping in to continue providing an unparalleled resort experience at Wynn Macau”, commented Stephen A. Wynn, Chairman of Wynn Resorts, Limited.
About Wynn Resorts
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 (www.wynnlasvegas.com), a luxury hotel and destination casino resorts located on the Las Vegas Strip. Wynn Las Vegas 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 76,000 square feet of retail space. On September 6, 2006, Wynn Macau, a destination casino resort in the Macau Special Administrative Region of the People's Republic of China, opened. Wynn Macau currently features 600 deluxe hotel rooms and suites; approximately 256 table games and 477 slot machines in approximately 110,000 square feet of casino gaming space; casual and fine dining in four restaurants; approximately 26,000 square feet of retail space; a health club, pool and spa, along with lounges and meeting facilities.
CONTACT: Wynn Resorts, Limited
Samanta Stewart, 702-770-7555
investorrelations@wynnresorts.com
SOURCE: Wynn Resorts, Limited