Despite odds, Steve Wynn is betting big

Sat, Aug 2, 2008 (4:02 p.m.)

In a story for Sunday's edition, the New York Times reports that Steve Wynn is moving ahead on his latest Las Vegas mega-resort project, the $2.3 billion Encore, "a fantasy land featuring 2,034 luxury suites, a glass-encased casino overlooking several pools, and penthouse baccarat tables for high rollers."

"The Encore is also an outsize gamble by a man who has made a lucrative, freewheeling career out of such moves, and it comes just as an economic malaise that has been seeping across the country is starting to slam the gambling industry," the NY Times writes.

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