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Article: A MULTIBILLION-DOLLAR EXPLOSION; MIRAGE CHANGED FACE, FORTUNES OF LAS VEGAS.(Business)
- Article from:
- Daily News (Los Angeles, CA)
- Article date:
- November 26, 1999
CopyrightCOPYRIGHT 1999 Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Robert Macy Associated Press
On a crisp November morning 10 years ago, Steve Wynn walked the grounds of his new Mirage hotel-casino and promised it would be ``a wonderment the world will flock to see.''
Even Wynn, who counts Walt Disney among his heroes, couldn't have imagined how his bold $630 million venture would change the face, fortunes and future of Las Vegas.
The hotel, which marked its 10th anniversary Monday, is seen as the genesis for the new Las Vegas - a multibillion-dollar explosion of megaresorts and a doubling of visitor volume, hotel rooms and gambling revenues.
``It caused Las Vegas to go in the right ...