Wynn Buys Up Strip Land

Steve Wynn has purchased the former New Frontier land across from the Wynn Las Vegas which was the site of Crown Resorts planned Alon resort, the deal also includes the purchase of land that is not owned by Crown Resorts. The land purchased by Wynn is 38 acres for $336 million and is a good deal for prime Strip property. I wouldn’t expect Wynn to do much with his newly purchased in the near term as they are working on the new area behind the Wynn on the Wynn golf course as well as other projects such as Boston, but the new land is perfectly placed for a future Wynn resort.

News Reporter