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.
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