In 2016, before an audience of six hundred at the Mirage, an old man in a suit told the gambling industry that gambling didn't matter. "Gaming is a passive activity," Steve Wynn said. "It has no value. One roulette table is exactly the same as every other damn roulette table." The driver of the business, he told them, was everything around the tables — the atmosphere, the service, the people. "We're in the guest experience business."
This is the story of Stephen Alan Weinberg: the family bingo parlor in Maryland, the narrow strip of dirt on Flamingo Road that made him rich at twenty-nine, the Golden Nugget, the Mirage — the $630 million gamble that launched the megaresort era — Treasure Island, the $1.6 billion Bellagio, and the Wynn empire in Las Vegas and Macau. And the fall: the 2018 investigation, the resignations, the record fines — and what remains.
Chapters:
0:00 The X Factor
0:53 The Bingo Parlor
1:52 The Deal at Twenty-Nine
3:21 The Mirage
4:17 Bellagio and the Empire
5:50 The Fall
7:08 What Remains
This is the story of Stephen Alan Weinberg: the family bingo parlor in Maryland, the narrow strip of dirt on Flamingo Road that made him rich at twenty-nine, the Golden Nugget, the Mirage — the $630 million gamble that launched the megaresort era — Treasure Island, the $1.6 billion Bellagio, and the Wynn empire in Las Vegas and Macau. And the fall: the 2018 investigation, the resignations, the record fines — and what remains.
Chapters:
0:00 The X Factor
0:53 The Bingo Parlor
1:52 The Deal at Twenty-Nine
3:21 The Mirage
4:17 Bellagio and the Empire
5:50 The Fall
7:08 What Remains
- Category
- Steve Wynn
- Tags
- Steve Wynn, Las Vegas history, Mirage Las Vegas
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