Wynn Las Vegas Names COO, President

Wynn Resorts, Limited (NASDAQ: WYNN) is pleased to announce that Andrew Pascal has been promoted to President and Chief Operating Officer of Wynn Las Vegas. He will be responsible for overseeing the daily operations of the resort.

Mr. Pascal, who was Executive Vice President and COO of Wynn Las Vegas, has been with Wynn Resorts since 2003, and accumulated more than 15 years of casino industry experience beginning with the Golden Nugget and continuing with the opening and operation of The Mirage casino resort. He was co-founder and President of Silicon Gaming, a Silicon Valley company that developed and manufactured unique slot machine products. Following the sale of Silicon Gaming to IGT, he became President and CEO of WagerWorks, where he guided that company through its early stages of development of internet gaming software.

As President of Wynn Las Vegas, Mr. Pascal succeeds Marc Schorr, who will continue to serve as Chief Operating Officer of Wynn Resorts, Limited. Mr. Schorr served a dual role as COO of the parent company and as President of Wynn Las Vegas throughout the resort's development, construction, and opening in April of this year. In his continuing role as COO of Wynn Resorts, Limited, Mr. Schorr will concentrate on the last stages of planning for the opening of Wynn Macau, which is scheduled for the third quarter of 2006. He also will focus on the Company's future development of its Las Vegas real estate assets.