Macau, July 3, 2007 - Wynn Resorts, Limited (Nasdaq:WYNN) announced today that Grant R. Bowie, President of Wynn Macau, will leave the Company, effective July 6, 2007.
Mr. Bowie indicated that this was a difficult decision but believes that following the successful opening of the Wynn Macau followed by a period of consolidation now is an appropriate time to move on.
"I thoroughly enjoyed my time at Wynn, especially the opportunity to be part of the transformation of Macau. Macau has changed a lot over the past three and half years and I will be watching with great interest the future development", Mr. Bowie said.
"I would also like to take this opportunity to thank all of the staff at Wynn Macau for their dedication, support and hard work. It has been a pleasure and an honor".
Ian Coughlan has been named the new President of Wynn Macau. Mr. Coughlan joined Wynn Macau in January 2007 from the Peninsula Group where he served as General Manager of the Peninsula Hong Kong. Mr. Coughlan has extensive experience in Asia, serving as General Manager at the Peninsula Bangkok and in various capacities with Ritz Carlton and the Mandarin Oriental Group prior to his tenure at the Peninsula Hong Kong.
"We are delighted to have a man of Ian's caliber stepping in to continue providing an unparalleled resort experience at Wynn Macau", commented Stephen A. Wynn, Chairman of Wynn Resorts, Limited.
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