The $70M Las Vegas Deal Nobody Wanted... Except Him ????#shorts

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Caesars Rewards: Hotels
RockSinCity
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"Development makes the location, not location makes the development." — Steve Wynn ????
In this clip, Las Vegas legend Steve Wynn breaks down one of the biggest real estate lessons in business history.
While everyone else thought the Dunes hotel property was a bankrupt failure, Wynn saw potential where others saw risk. In 1994, he bought 166 acres on the Las Vegas Strip for $400,000 an acre—offering Sumitomo Bank $70 million for a deal nobody else wanted.
#SteveWynn #RealEstate #BusinessMindset #LasVegas #Investing #Entrepreneurship #RealEstateInvesting
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Steve Wynn
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