Wynn Las Vegas News - Page 27

The scheduled opening in April of the $2.5 billion Wynn Las Vegas may be the catalyst for the newest wave of casino construction along the Strip and around the valley.

A subsidiary of Wynn Resorts Ltd. on Tuesday issued $1.3 billion in first mortgage notes with interest rates 6.625 percent and maturing in 2014, according to a filing with the Securities and Exchange Commission.

Wynn Resorts, Limited reports the completion of the refinancing of the indebtedness of its subsidiary, Wynn Las Vegas, LLC.

Wynn Las Vegas said it is advising job applicants to complete online job applications by Dec. 31 to be considered for positions at the resort, which is scheduled to open April 28.

A selection of news and views from inside the industry this week.

Wynn Resorts, Limited announced the pricing terms and extension of the previously announced cash tender offer by Wynn Las Vegas, LLC.

A selection of news and views from inside the industry this week.

Standard & Poor's Ratings has raised its corporate and senior secured bank debt ratings for Wynn Resorts Ltd. and its subsidiary Wynn Las Vegas LLC to B+ from B based on higher performance expectations for Steve Wynn's upcoming Las Vegas resort, which is anticipated to open in April.

Another chapter in Las Vegas' colorful history closed beneath a cloud of dust and rubble early Tuesday morning following the implosion of the Desert Inn's nine-story Palms and St. Andrews towers.

A selection of news and views from inside the industry this week.

Wynn Resorts Ltd. is exploring a long-range plan to develop 142 acres behind its Wynn Las Vegas resort into a "large, mixed-use" hotel, casino and residential resort complex.

Wynn Resorts, reports that its subsidiary, Wynn Las Vegas, LLC, has commenced a cash tender offer for any and all of the $247,580,000 aggregate principal amount of outstanding 12.0% Second Mortgage Notes due 2010 issued by Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp.

A second planned hotel tower at Wynn Las Vegas is expected to include 1,500 suites at a cost of about $900 million, Wynn Resorts Ltd. announced Monday.

Wynn Resorts, Limited has agreed to sell 7,500,000 shares of its common stock to Deutsche Bank Securities Inc.

Wynn Resorts, Limited reports its intended expansion of its Wynn Las Vegas project on 20 acres of land adjacent to the existing site.

The success of Wynn Las Vegas's online recruiting program is palpable in the lack of people gathered outside its employment center.

Wynn Las Vegas goes operational Monday with the opening of its employment center and what is thought to be the largest Internet recruiting program ever, anywhere.

With design work done, financing complete and shell construction wrapping up, the $2.5 billion project becomes operational Monday when it starts hiring an expected 9,000 line employees, developer Steve Wynn said.

More than 125,000 of the city's best workers are expected to apply for jobs at Steve Wynn's new $2.4 billion Strip resort.

Wynn Resorts Ltd., the company behind the $2.7 billion Wynn Las Vegas megaresort, said in a Wednesday filing with federal regulators that it sold its Global Express aircraft this month for $33 million.