![]() Meanwhile, shares of Wynn Resorts have fallen about 66 percent since February as the casino industry has grappled with tight credit markets and a downturn in gambling demand.Įncore will mark its debut at a time when crowds have thinned in Las Vegas, fewer private jets are rolling in and hoteliers are slashing rooms rates to attract as much foot traffic as possible. Wynn Resorts Ltd WYNN.O is on Monday slated to open the $2.3 billion, 2,000-room Encore, a curved tower of bronze glass that nearly mirrors the adjacent Wynn Las Vegas, the company's three-year-old luxury casino hotel. ![]() LAS VEGAS, Dec 21 (Reuters) - Steve Wynn towers over the Las Vegas Strip in commercials for his new Encore resort, but the recessionary slump in business along the fabled gambling corridor could soon bring the casino mogul down to earth.
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