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SEC 1473
(09-02)		   POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
        FORM 3



(Print or Type Responses)		   UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF
BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940		  
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1.   Name and Address of Reporting Person*   2.   Date of Event Requiring Statement
(Month/Day/Year)		   4.   Issuer Name and Ticker or Trading Symbol
    Strzemp   John           October 22, 2002
(1)		       Wynn Resorts, Limited (WYNN)
 
 
    (Last)   (First)   (Middle)   3.   I.R.S. Identification Number of Reporting Person, if an entity (voluntary)   5.   Relationship of Reporting Person(s) to Issuer (Check all applicable)   6.   If Amendment, Date of Original
(Month/Day/Year)
                                 Director            10% Owner        
3145 Las Vegas Boulevard South
(Street)		  
    X   Officer
              (give title below)		                  Other
              (specify below)		  
                                    7.   Individual or Joint/Group Filing
    Las Vegas   Nevada   89109           Executive Vice President—Chief Financial Officer        
         
      (Check Applicable Line)
    (City)   (State)   (Zip)                               X     Form filed by One Reporting Person
               Form filed by More than One Reporting Person

Table I — Non-Derivative Securities Beneficially Owned

1.   Title of Security
(Instr. 4)		   2.   Amount of Securities
Beneficially Owned
(Instr. 4)		   3.   Ownership Form:
Direct (D) or Indirect (I)
(Instr. 5)		   4.   Nature of Indirect
Beneficial Ownership
(Instr. 5)
None.                        
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
FORM 3 (Continued)   Table II — Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
    
1.   Title of Derivative Security
(Instr. 4)		   2.   Date Exercisable and Expiration Date
(Month/Day/Year)		   3.   Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		   4.   Conversion or Exercise Price of Derivative Security   5.   Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		   6.   Nature of Indirect Beneficial Ownership
(Instr. 5)
                                 
       
                       
            Date
Exercisable		   Expiration
Date		       Title   Amount or Number of Shares                        
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

Explanation of Responses:
(1) Anticipated effective date of the Issuer's Registration Statement on Form S-1 (File No. 333-90600).

/s/ JOHN STRZEMP   October 21, 2002
**Signature of Reporting Person		  
Date

  *If the form is filed by more than one reporting person, see Instruction 5(b)(v)

**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

http://www.sec.gov/divisions/corpfin/forms/form3.htm
Last update: 09/03/2002