According to CBS Channel 8 in Las Vegas, Steve and Elaine Wynn are divorcing.
The couple are heavily involved in their company, Wynn Resorts. Both are on the board of directors and their decision making is visible throughout their projects. Elaine is often credited with many of the concepts that have evolved into major resort features, from 'Mt. Wynn' all the way down to the uniforms on the restaurant and cocktail servers.
Steve has often indicated that much of the design, be it guest rooms or public spaces, is heavily influenced by a female point of view. There's a much repeated story about picking glass based on how the color would make female customers look, an example of how important they consider these things. I'd argue that this has been a very big part of the successes they've seen in their resorts.
It's not clear if Mrs. Wynn will remain active in the company, though in the past she has indicated her intention to do just that. I've met her only in passing but from what I have read about her, she just seems like an incredible woman and I personally hope she remains involved.
Comments
Well, no surprise here, as I've seen evidence of this brewing for about a year now. Curious to see if and what is effected at the company. Both of them are bright and mature people. Their entire life and net worth is wrapped up in that company, so I don't think either of them is stupid enough to jeopardize their own livelihood in order to just torpedo the other one. Since both of them own tens of millions of shares of stock, its in both of their best interest to see to it, that the company stays the course and is ran as well as is possibly can be in this very difficult environment that we find ourself in.
I believe what Brian fey posted says it all. That would all appear to be very true. They are smart rational people and would certainly conduct themselves accordingly. Plus they have a legacy to protect for their heirs, grandchildren etc.
It's a positive sign that Elaine Wynn will remain on the Board:
http://finance.yahoo.com/news/Wynn-Resorts-Announces-bw-14620940.html
On a non-Wynn marriage related Wynn Resorts note, Encore Macau looks kinda tall now...
http://www.flickr.com/photos/retrato/3367260079/