8-K _WRL_ 9/17/14
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): September 17, 2014
WYNN RESORTS, LIMITED
(Exact name of registrant as specified in its charter)
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NEVADA | | 000-50028 | | 46-0484987 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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)
N/A
(Former name, former address and former fiscal year, 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:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On September 17, 2014, the Massachusetts Gaming Commission (the “MGC”) officially designated Wynn Resorts, Limited (the “Registrant”) as the award winner for the Greater Boston (Region A) gaming license. The Registrant notes that on June 24, 2014, the Massachusetts Supreme Judicial Court ruled to allow for a ballot vote to repeal expanded gaming in Massachusetts in the November 2014 election. The outcome of this vote to repeal expanded gaming could impact our ability to proceed with this project.
The Registrant's press release, dated September 17, 2014, announcing this event is attached hereto as Exhibit 99.1.
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Item 9.01. | Financial Statements and Exhibits |
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Exhibit No. | | Description |
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99.1 | | Press release, dated September 17, 2014, of Wynn Resorts, Limited.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | | WYNN RESORTS, LIMITED |
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Dated: September 17, 2014 | | By: | | /s/ Kim Sinatra |
| | Kim Sinatra |
| | Executive Vice President and General Counsel |
EXHIBIT INDEX
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Exhibit No. | | Description |
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99.1 |
| | Press release, dated September 17, 2014, of Wynn Resorts, Limited. |
exhibit 99.1
FOR IMMEDIATE RELEASE
Wynn Resorts Accepts Massachusetts Gaming License Award Designation
LAS VEGAS—(September 17, 2014)—Wynn Resorts was officially designated today as the award winner for the coveted Greater Boston (Region A) gaming license. The Massachusetts Gaming Commission confirmed the designation in a unanimous vote for the highly contested license that pitted Wynn against Mohegan Sun.
The designation concludes a nearly two-year process that includes plans to convert a contaminated site on the Mystic River that previously housed a Monsanto chemical plant into a $1.6 billion, five-star international destination. Located in Everett, MA, the planned Wynn Resort is expected to launch a major redevelopment of the primarily industrial neighborhood and unlock a waterfront that has not been accessible to the public for over a century.
“The trust that the Massachusetts Gaming Commission has placed in us is very much appreciated and valued by all of us at Wynn,” said Robert DeSalvio, Senior Vice President of Development for Wynn. “This is an amazing project that will have a significant impact on job creation and economic development. Our top priority now is to complete our pre-construction work as quickly as possible and get shovels in the ground. We can’t wait to start building what we know will be a spectacular destination that will draw people from across the globe.”
ABOUT WYNN EVERETT
Wynn Everett is a proposed $1.6 billion project that will include a five-star resort with more than 500 rooms, high-end retail and dining, ballroom and meeting space. Situated on 30 acres along the Mystic River, the site will allow for public enjoyment of the waterfront with paths that provide access to the harbor and retail and dining experiences that overlook the river walk.
ABOUT WYNN RESORTS
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 and Encore Las Vegas (www.wynnlasvegas.com) and Wynn and Encore Macau (www.wynnmacau.com).
Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites and villas, approximately 186,000 square feet of casino space, 34 food and beverage outlets featuring signature chefs, two award-winning spas, an on-site 18-hole golf course, meeting space, a Ferrari and Maserati dealership, approximately 99,000 square feet of retail space as well as two showrooms; three nightclubs and a beach club.
Wynn and Encore Macau is a destination casino located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,008 spacious rooms and suites, approximately 280,000 square feet of casino space, casual and fine dining in eight restaurants, approximately 57,000 square feet of retail space, recreation and leisure facilities, including two health clubs, two spas and a pool.
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Contact:
Deanna Pettit-Irestone, Wynn Las Vegas
702-770-2121
deanna.pettit-irestone@wynnlasvegas.com