When plans were unveiled last week for a $1.5 billion artificial lake and related development at the Wynn resort on the Strip, the announcement was chock-full of Las Vegas-style adjectives: “elaborate water attraction,” “pristine white sand,” “premium meetings and convention space,” and “extensive dining and nightlife”.
But in those descriptions, one thing stood out more than others. The casino portion is described only as “small.”
The development will include a 38-acre lake surrounded by a beach; a 1,000-room hotel tower, and a nightly fireworks show.
It reflects The Strip’s new emphasis on entertainment and restaurant offerings such as the T-Mobile Arena and the Linq.
Wynn Resorts Chairman and CEO Steve Wynn said the project, currently dubbed Paradise Park, offers, “a chance to reinvent Las Vegas.”
But reinventing it as what?
To help us answer that question we have Clark County Commission Chairman Steve Sisolak, whose district includes the casino corridor. Also joining us is David Schwartz, director of the UNLV Center for Gaming Research.
Wynn Resorts declined an opportunity to participate in this discussion, directing questions to its statement from last week.
Steve Sisolak, chairman, Clark County Commission; David Schwartz, director, UNLV Center for Gaming Research.