As filed with the Securities and Exchange Commission on October 28, 2002

Registration No. 333-100768



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


Post Effective Amendment
No. 1 to
FORM S-1
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933


Wynn Las Vegas, LLC
(Exact name of Registrant as specified in its charter)

Nevada 7990 88-0494878
(State or other jurisdiction
of incorporation or organization)
(Primary Standard Industrial
Classification Code Number)
(I.R.S. Employer
Identification Number)

Wynn Las Vegas Capital Corp.
(Exact name of Registrant as specified in its charter)

Nevada 7990 46-0484992
(State or other jurisdiction
of incorporation or organization)
(Primary Standard Industrial
Classification Code Number)
(I.R.S. Employer
Identification Number)

and Other Registrants
(See Table of Other Registrants Listed Below)


3145 Las Vegas Boulevard South
Las Vegas, Nevada 89109
(702) 733-4444
(Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices)

Ronald J. Kramer
Wynn Resorts, Limited
President
3145 Las Vegas Boulevard South
Las Vegas, Nevada 89109
(702) 733-4444
(Name, address, including zip code, and telephone number, including area code, of agent for service)


Copies to:

C. Kevin McGeehan, Esq.
Ashok W. Mukhey, Esq.
Irell & Manella LLP
1800 Avenue of the Stars, Suite 900
Los Angeles, CA 90067-4276
(310) 277-1010
  Pamela B. Kelly, Esq.
Latham & Watkins
633 West Fifth Street, Suite 4000
Los Angeles, CA 90071-2007
(213) 485-1234

Approximate date of commencement of proposed sale to the public:
As soon as practicable after this registration statement becomes effective.


        If any of the securities being registered on this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. o

        If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ý 333-98369

        If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  o                                                                     

        If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ý   333-100768

        If delivery of the prospectus is expected to be made pursuant to Rule 434 under the Securities Act, check the following box.  o


CALCULATION OF REGISTRATION FEE


Title of Each Class of
Securities to be Registered

  Proposed
Maximum
Aggregate
Offering
Price(1)

  Amount of
Registration
Fee(2)


12% Second Mortgage Notes due 2010   $5,000,000   $460

Guarantees of 12% Second Mortgage Notes due 2010   None   $0


(1)
Estimated solely for the purpose of computing the amount of the registration fee pursuant to Rule 457(o) under the Securities Act.
(2)
Previously paid. Pursuant to Rule 457(n) under the Securities Act, no separate fee is payable for the guarantees.






Other Registrants

Exact Name of Registrant as Specified in its Charter

  State or Other
Jurisdiction of
Incorporation
or Organization

  I.R.S. Employer
Identification
Number

Desert Inn Water Company, LLC   Nevada   88-0460932
Palo, LLC   Delaware   88-0464820
Valvino Lamore, LLC   Nevada   88-0459742
Wynn Design & Development, LLC   Nevada   88-0462235
Wynn Resorts Holdings, LLC   Nevada   88-0460933
World Travel, LLC   Nevada   47-0846667
Las Vegas Jet, LLC   Nevada   88-0460935
Wynn Resorts, Limited   Nevada   46-0484987


EXPLANATORY NOTE

        This registration statement is being filed with respect to the 12% second mortgage notes due 2010 co-issued by Wynn Las Vegas, LLC, a Nevada limited liability company, and Wynn Las Vegas Capital Corp., a Nevada Corporation, pursuant to Rule 462(b) promulgated under the Securities Act of 1933, as amended. The contents of the earlier registration statement on Form S-1 (File No. 333-98369) filed with the Securities and Exchange Commission, which was declared effective by the Commission on October 25, 2002, are hereby incorporated by reference into, and shall be deemed as part of, this registration statement.

        The price related information omitted from the registration statement on Form S-1 (File No. 333-98369) in reliance on Rule 430A under the Securities Act of 1933, as amended, consists of the following:

Second Mortgage Notes

Coupon   12%

Principal Amount

 

$370,000,000

Purchase price at issue:

 

92.793%

Maturity:

 

November 1, 2010

Interest payment dates:

 

May 1 and November 1, commencing May 1, 2003

Record dates:

 

April 15 and October 15

 

 

 

Optional redemption premium:


 

If on or after November 1,

 

Redemption
Price


 

 

 

 

 

 

 

 

 

 

 

 

2006

 

112%

 

 

2007

 

108%

 

 

2008

 

104%

 

 

2009 and thereafter

 

100%

Amount redeemable with proceeds of equity offerings:

 

35% of the principal amount of the Notes at 112% of principal amount

 

 

 

 

 


SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  VALVINO LAMORE, LLC

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      

John Strzemp
Attorney-in-fact

 

 

 

 

S-1



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  WORLD TRAVEL, LLC

 

By:

Wynn Las Vegas, LLC, its member

 

By:

Wynn Resorts Holdings, LLC, its member

 

By:

VALVINO LAMORE, LLC, its member

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      

John Strzemp
Attorney-in-fact

 

 

 

 

S-2



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  LAS VEGAS JET, LLC

 

By:

Wynn Las Vegas, LLC, its member

 

By:

Wynn Resorts Holdings, LLC, its member

 

By:

VALVINO LAMORE, LLC, its member

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      

John Strzemp
Attorney-in-fact

 

 

 

 

S-3



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  WYNN DESIGN & DEVELOPMENT LLC

 

By:

VALVINO LAMORE, LLC, its member

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      

John Strzemp
Attorney-in-fact

 

 

 

 

S-4



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  DESERT INN WATER COMPANY, LLC

 

By:

VALVINO LAMORE, LLC, its member

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      
John Strzemp
Attorney-in-fact

 

 

 

 

S-5



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  WYNN RESORTS HOLDINGS, LLC

 

By:

VALVINO LAMORE, LLC, its member

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      

John Strzemp
Attorney-in-fact

 

 

 

 

S-6



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  PALO, LLC

 

By:

WYNN RESORTS HOLDINGS, LLC, its member

 

By:

VALVINO LAMORE, LLC, its member

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      

John Strzemp
Attorney-in-fact

 

 

 

 

S-7



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  WYNN LAS VEGAS, LLC

 

By:

WYNN RESORTS HOLDINGS, LLC, its member

 

By:

VALVINO LAMORE, LLC, its member

 

By:

WYNN RESORTS, LIMITED, its member

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date

 

 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer of
Wynn Resorts, Limited
(Principal Executive Officer)
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and
Chief Financial Officer of
Wynn Resorts, Limited
(Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      

John Strzemp
Attorney-in-fact

 

 

 

 

S-8



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  WYNN LAS VEGAS CAPITAL CORP.

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Treasurer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date




 

 

 

 
*
Stephen A. Wynn
  Director and President   October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Treasurer (Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      
John Strzemp
Attorney-in-fact

 

 

 

 

S-9



SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Las Vegas, Nevada, on the 28th day of October, 2002.

  WYNN RESORTS, LIMITED

 

By:

/s/  
JOHN STRZEMP      
    Name: John Strzemp
    Title: Executive Vice President and Chief Financial Officer

        Pursuant to the requirements of the Securities Act, this Amendment No. 1 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated below.

Signature
  Title
  Date




 

 

 

 
*
Stephen A. Wynn
  Chief Executive Officer
(Principal Executive Officer) and Chairman of the Board
  October 28, 2002

/s/  
JOHN STRZEMP      
John Strzemp

 

Executive Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)

 

October 28, 2002


*

Ronald J. Kramer


 


Director


 


October 28, 2002


*

Robert J. Miller


 


Director


 


October 28, 2002


*

Elaine P. Wynn


 


Director


 


October 28, 2002


*

Stanley R. Zax


 


Director


 


October 28, 2002

*By:

 

/s/  
JOHN STRZEMP      
John Strzemp
Attorney-in-fact

 

 

 

 

S-10


EXHIBIT INDEX

Exhibit No.
  Description
5.1   Opinion of Irell & Manella LLP.(1)
23.1   Consent of Irell & Manella LLP (included in Exhibit 5.1).(1)
23.2   Consent of Deloitte & Touche LLP.
23.3   Consent of Persons to be Named as Directors(2)
24.1   Power of Attorney (incorporated by reference to the Registration Statement on Form S-1 of Wynn Las Vegas, LLC, Wynn Las Vegas Capital Corp. and the other registrants named therein (Registration No. 333-98369).

(1)
Previously filed.
(2)
Incorporated by reference to Amendment No. 9 to the Registration on Form S-1 of Wynn Las Vegas, LLC, Wynn Las Vegas Capital Corp. and the other registrants named therein.





Exhibit 23.2


INDEPENDENT AUDITORS' CONSENT

        We consent to the incorporation by reference in this Post Effective Amendment No. 1 to Registration Statement filed pursuant to Rule 462(b) under the Securities Act of 1933 of Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp. on Form S-1 of our reports dated June 6, 2002 (October 2, 2002 as to Note 12) (which report expresses an unqualified opinion and includes an explanatory paragraph referring to the restatement of the financial statements at Note 12) and August 21, 2002 (October 3, 2002 as to Note 6) (which report expresses an unqualified opinion and includes and explanatory paragraph referring to the restatement of the financial statements at Note 6), appearing in the Prospectus included in Registration Statement No. 333-98369, and of our report dated June 6, 2002 relating to the financial statement schedule appearing elsewhere in Registration Statement No. 333-98369.

/s/ DELOITTE & TOUCHE LLP

October 25, 2002