Development Makes the Location" — Steve Wynn on Real Estate & Las Vegas History

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An Old Fashioned, some red lipstick and a black dress…sigh, there’s just something undeniable about a good ol’ classic. The beloved Vegas showgirl may be an endangered species these days (insert tear), but “VEGAS! THE SHOW” preserved those feather-clad beauties and the likes of an era when everything was flashier and dripping with sophistication. What’s that you ask? Can a show filled with gorgeous and talented women a la Rat Pack era really exist in the here and now? Oh yes my friend, it sure can and all we have to say is raise that curtain and let the good times roll. With a little song, a lot of dance and that certain sultry allure that only old timey Vegas could pull off, this is a trip down memory lane and, well, it’s pretty legit. The costumes are fun, funky, sexy and so real. Ok, well maybe not the candy-themed costumes but hell, their Sammy Davis Jr. sure had us pining for an autograph. For a city that was built on pure, raw talent and obviously dolla dolla bills, this show celebrates iconic moments from the city's rich entertainment history through the decades that made the Vegas we know and love today. And we’ll tip our top hats to that.
RockSinCity
Published
In this exclusive Wall Street Journal interview excerpt, real estate developer Steve Wynn shares key insights into the strategy behind his landmark Las Vegas properties, including the Desert Inn and the Dunes. Wynn discusses his acquisition of 166 acres on the Strip in 1992 for $70 million—a prime location that nobody else wanted at the time—and explains how vision and development reshape value in commercial real estate.

Key Highlights:

0:00 - The strategic value of the Desert Inn

0:12 - "Development makes the location" philosophy

0:18 - The history and acquisition of The Dunes property

#stevewynn #lasvegas #realestate #businessstrategy #wsj #propertydevelopment #entrepreneurship
Category
Steve Wynn
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