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Wynn Delays Opening Of Encore Expansion

By Chuckmonster on Thursday, 9th June 2005 1:52pm
  » filed under Las Vegas  comments: 0

   

Wynn Resorts Ltd. on Thursday said it has begun a consent solicitation to amend some provisions related to specific first mortgage notes due in 2014.

Wynn, which recently opened the opulent Wynn Las Vegas casino resort, said the proposed amendments include extending the deadline for plan and budget approval for Encore to December 31, 2005, from June 30, 2005.

Encore is the project casino that entrepreneur Steve Wynn plans to build next to Wynn Las Vegas.

The amendments also call for an extension of the outside date of completion of Encore to December 31, 2008, from March 31, 2008.



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