LAS VEGAS, April 16, 2015 /PRNewswire/ -- Steve Wynn,
Chairman and CEO of Wynn Resorts (NASDAQ: WYNN) ("Wynn Resorts",
"Wynn" or "the Company"), today issued the following statement in
response to Elaine Wynn's press
release dated April 16, 2015:
"My comments on The Charlie Rose Show should not be
misconstrued. Decisions about nominations and re-nominations of
directors are the responsibility of independent directors of Wynn
Resorts Limited. They have made the decision about the
re-nomination of Elaine Wynn for the
reasons which they have thoroughly and carefully explained to our
stockholders. The Company's independent directors are focused on
the best interests of our stockholders and fulfill their roles
extremely well for our Company. Under the stockholders agreement
(which Ms. Wynn seeks to invalidate through litigation), I am
obligated to vote in favor of Ms. Wynn's re-election.
"It is very important that all stockholders know that I have
nothing but the highest respect for the independent directors,
their business judgment and their overriding sense of fiduciary
responsibility to Wynn Resorts and its stockholders."
ABOUT WYNN RESORTS
Wynn Resorts, Limited (Nasdaq: WYNN) 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, a Ferrari and
Maserati dealership, approximately 99,000 square feet of retail
space as well as two showrooms; three nightclubs and a beach
club.
Wynn and Encore Macau is a destination casino 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 280,000 square feet of casino space, casual and fine
dining in eight restaurants, approximately 57,000 square feet of
retail space, recreation and leisure facilities, including two
health clubs, two spas and a pool.
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SOURCE Wynn Resorts