Australian billionaire James Packer has scored another coup against Las Vegas gaming kingpin Steve Wynn.
Jesse Waits, who has been running Wynn’s XS and Tryst nightclubs, has resigned, the Review-Journal learned, to join Packer’s $4 billion, 1, 100-room Alon hotel casino being built just west of Wynn Las Vegas and Encore. Waits joins former top Wynn execs Andrew Pascal and Rob Oseland.
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Waits and his twin brother, Cy, replaced Victor Drai when the latter left to operate Drai’s Beach Club atop The Cromwell, then Bill’s Gamblin’ Hall & Saloon. The Waits’ brothers were Drai’s top lieutenants for years. When XS opened six years ago, it became the most profitable nightclub in the U.S., ringing up $70 million in sales… READ MORE
LAS VEGAS REVIEW-JOURNAL, by Norm Clarke
James Packer’s Alon Las Vegas
Plans filed with Clark County last month a two-tower, 1, 100-room project called Alon Las Vegas to be built on the vacant 34.6-acre site just north of Fashion Show mall, where the New Frontier once stood. Packer’s group acquired the property almost a year ago.
One building is called the “VIP Tower, ” and the other, taller building is called the “Resort Tower.” An architectural drawing shows plans for villas, the “Black Box Theater, ” a nightclub, a ballroom and a pool. But other details about the property’s main features and amenities were apparently not disclosed… READ MORE
VEGAS INC , By Eli Segall
