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Steve Wynn Honored by Time Magazine's TIME 100 Issue

8 May 2006

LAS VEGAS, Nevada -- (PRESS RELEASE) -- "The lives and ideas of the world's most influential people" was the headline on the special May 8, 2006 issue of Time Magazine. Steve Wynn, Chairman of the Board and CEO of Wynn Resorts, Ltd. was honored in the "Builders and Titans" category of the publication. Those recognized as "Builders and Titans" were individuals who exhibit an extraordinary ability to influence the world of business. Time said these are people with "innovation, grand plans, style and substance." Some of the other notaries recognized in this category included: Sean (Diddy) Combs, Wall Street Investor Eddie Lampart, Xerox's Anne Mulcahy and creators Chris DeWolfe and Tom Anderson.

The article proclaimed Wynn "didn't invent Las Vegas -- he just makes it work," and praised him for being one of the world's best salesmen, real estate developers and "the gaming industry's most brilliant designer."

The opening of Wynn Las Vegas in April 2005 was highlighted for being significantly different from his previous properties (such as the Mirage, Bellagio and Treasure Island) because this time Wynn designed his resort from the "inside out." Stating Wynn's ability to cater to a multitude of different markets and cultures, the opening of Wynn Macau, scheduled for September 2006, was also mentioned.

Finally, the article said "in the next millennium, when people study the U.S. empire, they won't be looking at buildings created by Frank Lloyd Wright or Frank Gehry. They'll be looking at our temples of pleasure, the buildings where we packed in as much America as would fit. And, somehow, Steve Wynn has done it in a way we won't be ashamed of."

About Wynn Resorts:

Wynn Resorts, Limited is traded on the Nasdaq National Market under the ticker symbol WYNN and is part of the NASDAQ-100 Index. The company owns and operates Wynn Las Vegas, a luxury hotel and destination casino resort located on the Las Vegas Strip which opened to the public on April 28, 2005. Wynn Las Vegas features 2,716 luxurious guest rooms and suites; an approximately 111,000 square foot casino; 22 food and beverage outlets; an on-site 18-hole golf course; approximately 223,000 square feet of meeting space; an on-site Ferrari and Maserati dealership; and approximately 76,000 square feet of retail space. Wynn Resorts, Limited is currently constructing Wynn Macau, a destination casino resort in the Macau Special Administrative Region of the People's Republic of China. Wynn Macau is scheduled to open September 5, 2006.

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