UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
February
23, 2010
Wynn
Resorts, Limited
(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
of
incorporation)
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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
Las
Vegas, Nevada 89109
(Address
of principal executive offices) (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 filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
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[ ]
Written communications 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
8.01
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Other
Events.
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On February 23, 2010, Wynn Resorts,
Limited (the “Registrant”) issued a press release announcing that it had entered
into a letter of intent with Philadelphia Entertainment and Development
Partners, LP (“PEDP”), providing that an affiliate of the Registrant will become
the manager and managing general partner in the PEDP casino project slated for
the Philadelphia waterfront. A copy of the press release is attached
hereto as Exhibit 99.1 and is hereby incorporated by reference.
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Item
9.01
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Financial
Statements and Exhibits.
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(d)
Exhibits:
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Exhibit
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Number
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Description
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99.1
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Press
release, dated February 23, 2010, of Wynn Resorts,
Limited.
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1
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 thereunto
duly authorized.
Date:
February 25, 2010
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WYNN
RESORTS, LIMITED
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By:
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/s/
Matt Maddox
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Matt
Maddox
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Chief
Financial Officer and
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Treasurer
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2
Exhibit
99.1
Wynn
Resorts Announces Agreement in Pennsylvania
LAS
VEGAS – (Business Wire) – February 23, 2010 – Wynn Resorts, Limited (NASDAQ:
WYNN) announced today that it had entered into a letter of intent with
Philadelphia Entertainment and Development Partners, LP (PEDP), providing that
an affiliate of Wynn will become the manager and managing general partner in the
PDEP casino project slated for the Philadelphia waterfront. The
agreement is subject to the satisfaction of certain conditions including the
approval of the Pennsylvania Gaming Board.
“I am
thrilled to be returning to the east coast and in particular to the city in
which I was privileged to have gained my college education. Having
attended the University of Pennsylvania for four years and served as a Trustee
for an additional ten years, Philadelphia has always felt like home to me,”
commented Stephen A. Wynn, Chairman and Chief Executive Officer.
Wynn
Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker
symbol WYNN and is part of the S&P 500 and NASDAQ-100 Indexes. Wynn Resorts
owns and operates Wynn Las Vegas (www.wynnlasvegas.com), Encore
(www.encorelasvegas.com) and Wynn Macau (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.
We
opened Encore, an expansion of Wynn Las Vegas on December 22, 2008. Encore is
located immediately adjacent to Wynn Las Vegas and features a 2,034 all-suite
hotel, approximately 72,000 square foot casino, 12 food and beverage outlets, a
night club, a spa and salon, approximately 60,000 square feet of meeting space
and approximately 27,000 square feet of upscale retail outlets.
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.
We are
completing construction of Encore at Wynn Macau, a further expansion of Wynn
Macau which will add a fully-integrated resort hotel to Wynn Macau, planned to
include approximately 410 luxury suites and four villas along with restaurants,
additional retail space and additional gaming space.
CONTACT:
Wynn Resorts, Limited
Samanta
Stewart, 702-770-7555
investorrelations@wynnresorts.com
SOURCE:
Wynn Resorts, Limited