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View Full Version : Le Reve- New Strip Mega-Resort may break ground Thursday


Dynasty
10-30-2002, 05:19 AM
I got this from a gambling newspaper which can usually be picked up for free in any Vegas Casino (Gambling Times?).

"A source reports that ground will be broken on Thursday for Steve Wynn's $2.4 billion Le Reve project on the Las Vegas Strip.

"Company officials confirmed Monday what Wynn vowed to do months ago- that he would begin construction as soon as his financing package was in place.

"Despite a tough market for intial public offerings, Wynn's company, Wynn Resorts Ltd., became effective and began trading on the Nasdaq exchange Friday, paving the way for the sale of high-yield bonds for the 2,700-room property on the site of the former Desert Inn hotel-casino."

The Desert Inn property is north of the Venetian and on the same side of the Strip.