Steve Wynn vs Kirk Kerkorian: The Hostile Takeover That Stole the Mirage and Bellagio

0 Views

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Published Jun 29, 2026

He built the Mirage. He built Bellagio — the most expensive hotel ever constructed, filled with real Picassos and eight and a half acres of dancing fountains. Then, in the spring of 2000, his own board of directors voted to sell it all to a quiet billionaire named Kirk Kerkorian for $6.4 billion.

Six months later, the sign outside the Mirage was changed. "Steve Wynn's Mirage" became just "The Mirage." His name was gone — but the buildings he built kept running without him.

This is the real story of how Steve Wynn lost his crowning achievements — the stock collapse that made his company a takeover target, the boardroom betrayal that sealed the deal, and how losing everything became the catalyst for him to build Wynn Las Vegas and Encore, bigger than ever.

In this video:
• How Bellagio's $1.6 billion price tag made Mirage Resorts vulnerable
• Kirk Kerkorian — the "Lion of Las Vegas" and his $6.4 billion bid
• Why Wynn's own board voted against him
• The moment "Steve Wynn's Mirage" became just "The Mirage"
• How Wynn rebuilt bigger with Wynn Las Vegas and Encore

???? Subscribe for weekly Vegas Untold documentaries — the stories Las Vegas was never going to tell you.