Steve Wynn, founder of Wynn Resorts, in the second part of his interview, discusses further his life as an entrepreneur, what he does to motivate his employees, and how he creates experiences that keep customers returning. Wynn also expresses his views on Obamacare, America’s fiscal policy, and the future of his business. “I take sides only on the issues that pertain to the health of my workforce,” explains Wynn. He has resorts in Las Vegas, Macau, China, and hopes to soon begin building another in Massachusetts.
Part I: Steve Wynn discusses his life, his dad’s death, being broke, and how he got into hotel and casino business. Wynn came to Las Vegas for a vacation, met Frank Sinatra, and fell in love with the city. Wynn’s banker said, Steve, this town needs young people. If you stay here you’ll end up owning the place. Wynn stayed and enjoys running a successful hotel and casino business.