Everything About Steve Wynn

Casino mogul Steve Wynn is widely known for his role in helping to turn Las Vegas into the gambling destination it is today. It's been a rocky few weeks for Wynn after the revelation of sexual harassment allegations and now he’s finally stepped down as Wynn Resorts Chairman and CEO.

So just how much do we actually know about the man behind the Wynn Resorts brand?

1942 +

Stephen Alan Weinberg

Stephen Alan Weinberg is born on this day in New Haven, Connecticut.

1946 +

His father, Michael, changes the family name from Weinberg to Wynn in order to avoid anti-Jewish discrimination.

1959 +

Wynn graduated from The Manlius School in Syracuse, New York.

1963 +

Wynn's father sadly passes away due to heart failure and leaves the family with crippling gambling debts of up to $350,000. Wynn graduates from the University of Pennsylvania with a BA in English Literature shortly after his dad's death. However, he then leaves his position at Yale Law School to take over the running of the family's bingo businesses.

1963 +

Wynn marries his first wife, Elaine Pascal.

1967 +

Las Vegas

After moving his family to Las Vegas, Wynn purchases a stake in the Frontier Hotel and Casino.

1971 +

Wynn is diagnosed with the degenerative eye disease retinitis pigmentosa.

1971 +

It is announced that Wynn has secured funding to invest in the Golden Nugget gambling hall in Las Vegas, renovating it into a hotel and casino resort.

1973 +

Upon increasing his stake in the company that owns the Golden Nugget, Wynn becomes the majority shareholder and is confirmed as the youngest casino owner in Las Vegas.

1980 +

The Golden Nugget Atlantic City is constructed and opened. It is the first casino to be built from scratch in the city.

1986 +

Wynn confirms that he has divorced his wife Elaine.

1987 +

Wynn sells The Golden Nugget Atlantic City for $440 million.

1989 +

Wynn’s company buys The Nevada Club in Laughlin, Nevada. It was later re-branded as the Golden Nugget Laughlin.

1989 +

The first major casino in the Wynn portfolio located on the Las Vegas Strip opens when construction of The Mirage is complete. This triggers a $12 billion spending boom on the Strip of Sin City.

1991 +

Wynn re-marries his first wife Elaine.

1993 +

The Treasure Island Hotel and Casino opens its doors in the parking lot of The Mirage at a cost of $450 million.

1993 +

Wynn's daughter Kevyn is kidnapped. Wynn agrees to pay a ransom fee of $1.45 million. The kidnappers are eventually caught when one of the perpetrators attempts to buy a Ferrari using only cash in Newport Beach, California.

1998 +

Cocktail waitress Cynthia Simmons files a court hearing against Wynn, claiming that he forced her to sexually accommodate baccarat players at his request. She fails in her attempts to expose the casino magnate at the time.

1998 +

The Las Vegas Review-Journal decides not to run an article that deals with a number of allegations made by employees about Wynn's behavior when working at the Mirage. The claims allege Wynn pressured workers into having sex with him and that The Mirage's employment policy stated waitresses were forced to lose weight if they gained more than 6 lb. In 2018, the Las Vegas Review-Journal would publish the full details of the lawsuit it was going to run 20 years earlier.

1998 +

Bellagio Las Vegas

The lavish Bellagio officially opens at a cost of $1.6 billion. It becomes the world's most expensive hotel at the time. It is later credited with inspiring the construction of other resorts in Las Vegas such as The Venetian, Paris Las Vegas, and Mandalay Bay.

1999 +

Wynn introduces a little bit of Las Vegas to Biloxi in Mississippi, when he opens the Mediterranean-themed Beau Rivage.

2000 +

Wynn buys the Desert Inn for $270 million.

2000 +

Wynn's Mirage Resorts is sold to MGM Grand Inc. for a price of $6.6 billion to form MGM Mirage.

2004 +

Wynn officially becomes a billionaire when his net worth doubles to the value of $1.3 billion just two years after taking Wynn Resorts public.

2005 +

This was the year identified by one of Wynn's alleged sexual harassment victims when the billionaire pressured the then manicurist to take off her clothes, lie on the massage table, and have sex with him. She is eventually paid $7.5 million for keeping quiet about the incident.

2005 +

The most expensive resort in the world opens when Wynn Resorts build Wynn Las Vegas on the site of the former Desert Inn, at a cost of $2.7 billion.

2006 +

Wynn enters the Macau market when he opens the Wynn Macau. Just a few years later it would become just the fifth Macau resort to win a Mobil five-star award.

2008 +

The highly-anticipated Encore Las Vegas opens its doors to the public. The project cost a total of $2.3 billion.

2010 +

After a second unsuccessful marriage, Steve and Elaine Wynn announce their divorce for a second time.

2010 +

Encore at Wynn Macau opens for business.

2011 +

Wynn marries his second wife, Andrea Hissom.

2014 +

Work on the planned Wynn Boston Harbor project begins with an expected completion date of 2019. The project is still currently under review due to the recent harassment allegations aimed at Wynn.

2016 +

Wynn Palace resort Macau

The Wynn Palace resort opens in Macau. It is the first Wynn Resorts resort located on the desirable Cotai Strip.

2018 +

An investigation by the Wall Street Journal publishes accounts from dozens of former employees of Wynn who claim that he sexually harassed or acted inappropriately towards them during their employment. The allegations span across several decades.

2018 +

The decision is made for Wynn to resign from his role as the finance chairman of the Republican National Committee in light of the serious allegations made public.

2018 +

Wynn officially steps down as CEO of Wynn Resorts as a result of the sexual harassment claims made against him.

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