Las Vegas Sun

September 22, 2014

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Steve Wynn on Wynn Las Vegas Shows

Steve Wynn said some revealing things last weekend when he spoke to the Sun about shows and clubs at Wynn Las Vegas.

"Le Reve" is in the middle of a $30 million retooling, including new choreography, costumes and changes to the theater. The new costumes will be premiered at the end of March, Wynn said, noting that the changes have to take place on the fly instead of during a break in production.

"We can't shut the show down — it's doing its usual 12,000 people per week," Wynn said.

As for "Spamalot," Wynn said the show "makes a few bucks" and draws about 800 to 900 people per show (in a theater that seats almost 1,500).

"Showrooms just aren't as important anymore," Wynn said, citing the dramatic increase in the city's nightclub business.

His own Tryst nightclub, for example, made $40 million last year, up from $31.5 million in 2006.

"That's pretty amazing for a 9,900-square-foot space open 25 hours per week," Wynn said.

Wynn said that he was underwhelmed by Palazzo, saying that the new resort owned by rival Sheldon Adelson, chairman of Las Vegas Sands Corp., doesn't have the feel of a luxury resort.

"It feels like you're entering a shopping plaza, a retail experience rather than a resort," Wynn said. "Have you ever heard of a hotel that feels like a retail plaza?"

Reminded that the Aladdin, now Planet Hollywood, has that same feel, he laughed.

"You're right," he said. "And look how it did."

Ouch.

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