LAS VEGAS, April 5, 2016 /PRNewswire/ -- Wynn
Resorts (NASDAQ: WYNN) today issued the following statement
in response to a news release by Elaine
Wynn:
Elaine Wynn continues to rehash
the same accusations she has made, accusations which will be fully
adjudicated when heard by the court early next year. Neither
her nor the company's recent filings contain any new facts or
revelations, as she so passionately claims. Ms. Wynn's
comments regarding our Board of Directors, their independence and
their actions in this matter are false. Our company has nine
distinguished directors, seven of whom are independent under NASDAQ
standards, each deeply committed to the best interests of our
shareholders.
Ms. Wynn's allegations about Mr. Schorr's departure from the
company are not true. Her previous allegations that Mr. Wynn
applied company resources for personal use are false; Mr. Wynn's
use of company assets is fully audited by both the Board and our
external auditors, as well as completely outlined in our proxy
statements.
About Wynn Resorts:
Wynn Resorts, Limited is traded on
the Nasdaq Global Select Market under the ticker symbol WYNN and is
part of the S&P 500 and NASDAQ-100 Indexes. Wynn Resorts owns
and operates Wynn and Encore Las Vegas (www.wynnlasvegas.com) and
Wynn and Encore Macau (www.wynnmacau.com).
Wynn and Encore Las Vegas feature two luxury hotel towers with a
total of 4,748 spacious hotel rooms, suites and villas,
approximately 186,000 square feet of casino space, 34 food and
beverage outlets featuring signature chefs, two award-winning spas,
an on-site 18-hole golf course, meeting space, approximately 99,000
square feet of retail space as well as two showrooms; three
nightclubs and a beach club.
Wynn Macau is a luxury hotel and casino resort located in the
Macau Special Administrative Region of the People's Republic of China with two luxury
hotel towers with a total of 1,008 spacious rooms and suites,
approximately 284,000 square feet of casino space, casual and fine
dining in eight restaurants as well as two bars, approximately
57,000 square feet of retail space, two opulent spas, a salon and a
pool.
Wynn Resorts is currently constructing Wynn Palace, an
integrated resort in the Cotai area of Macau and has begun preparation for the
development and construction of Wynn Boston
Harbor located in Everett, Massachusetts.
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SOURCE Wynn Resorts