AN INDEPENDENT LAS VEGAS JOURNALTHE PEOPLE FILES
ARGENT
RESORT FOUNDERS & VISIONARIES

Steve Wynn

The resort as a destination

The Golden Nugget, Mirage and Bellagio trace a career in which resort design, entertainment and financing changed the Strip’s competitive ambitions.

Period explored: 1960s–2000sResort Revolution · Next Generation4 reading-room sourcesReviewed October 2, 2026
01 / THE STORY

Bingo, then the Frontier

Wynn took over his family’s Maryland bingo business after his father’s death. He moved to Las Vegas in 1967 with an interest in the Frontier. UNLV’s career profile follows his subsequent business ventures and purchase of a controlling position in the downtown Golden Nugget. [1]

02 / THE STORY

From downtown to destination resort

The Mirage opened in 1989, followed by Treasure Island in 1993 and Bellagio in 1998. The progression linked casino business to an increasingly elaborate resort experience. Financing belongs in that story too: PBS traces the role of high-yield bonds in Wynn’s expansion. [1] [2]

03 / THE STORY

Two connected corporate histories

MGM’s acquisition of Mirage Resorts in 2000 joins Wynn’s story to Kerkorian’s. Wynn then acquired the Desert Inn site and developed Wynn Las Vegas, which opened in 2005. The property names can obscure those changes of ownership; following the transactions restores the sequence. [1] MGM Resorts

04 / THE STORY

The later record

Wynn resigned in 2018 after sexual misconduct allegations, which he denied. AP reports that he agreed to a $10 million Nevada regulatory fine without admitting wrongdoing. The resort achievements and the later allegations and regulatory outcome are distinct parts of his history. [4]

THE CHRONOLOGY

Key dates

  1. 1967

    Moves to Las Vegas and enters the Frontier. [1]

  2. 1989

    The Mirage opens. [1]

  3. 1993

    Treasure Island opens. [1]

  4. 1998

    Bellagio opens. [1]

  5. 2000

    MGM acquires Mirage Resorts. MGM Resorts

  6. 2005

    Wynn Las Vegas opens. [1]

FOLLOW THE CONNECTIONS

People in the same story

FROM ARGENT’S COLLECTION

In the archive

22 matching entries in the saved collection.

THE READING ROOM

Go deeper into the record.

Sources for this profile and starting points for further research. Access notes mark links we could not open directly during the October 3–4, 2026 checks. Historical accounts describe their own period; they do not necessarily describe current operations.

  1. 1

    UNLV · Lee Business School · Institutional biography

    Stephen A. WynnPeople: Steve Wynn

    An earlier career profile. Read alongside the later reporting below.

  2. 2

    PBS · American Experience · Historical synthesis

    Corporate Las Vegas

    A broad account of corporate investment and resort financing, rather than a contemporaneous report.

  3. 3

    UNLV Special Collections · Oral-history catalog · onsite access

    Steve Wynn on Jay Sarno, December 8, 2006People: Steve Wynn · Jay Sarno

    The catalog says the interview is accessible onsite only and requires permission for quotation or publication. ARGENT links to the catalog and does not reproduce the interview.

  4. 4

    Associated Press · Reporting · March 24, 2025

    Supreme Court turns back Steve Wynn’s appeal in defamation lawsuitPeople: Steve Wynn

    Reports the 2018 resignation, his denial of misconduct allegations and the Nevada settlement without an admission of wrongdoing.