Did Steve Wynn criticize Sheldon Adelson?
LAS VEGAS, Nevada — Did Wynn Resorts Chairman Steve Wynn take a veiled verbal swipe at his rival, Las Vegas Sands Corp. Chairman Sheldon Adelson, during his company’s quarterly earnings conference call Thursday? You be the judge. In responding to a question about Wynn’s plans for a hotel-casino on Macau’s Cotai Strip, Wynn seemingly belittled Las Vegas Sands, where the company operates the massive Venetian Macau on the Cotai Strip and is expected to restart development on four additional Cotai hotel-casino projects later this year. “What I believe is missing from Cotai is a legitimate destination resort that has the one thing in China that is so scarce, and that is space,” Wynn said. “So I want to build a hotel in Cotai and I have designed one that makes use in our 51 acre parcel of extended space of water and gardens, no matter where you are in the building. And that creates an emotional involvement by the guest at a level that cannot be achieved in a city.” Wynn said the project, wh
