Las Vegas Sun

November 12, 2009

Currently: 66° | Complete forecast | Log in

Company to rent hotel suite to Steve Wynn

Wednesday, Jan. 5, 2005 | 10:52 a.m.

Wynn Resorts Ltd. intends to lease a "villa suite" at the upcoming Wynn Las Vegas megaresort to company Chief Executive Steve Wynn and his wife, Elaine, a company director.

The rent, based on a "fair market value" determined by the audit committee of the company's board of directors, will be $580,000 in the first year, according to a Securities and Exchange Commission filing. The committee will determine the rental rate in each subsequent year.

The year-to-year lease will begin when the Wynns occupy the suite or when the resort opens.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Complete Listing

Calendar »

  • 12 Thu
  • 13 Fri
  • 14 Sat
  • 15 Sun
  • 16 Mon

All events on Thursday »