Steve Wynn Quotes
100 Steve Wynn Quotes
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If you want to make money in a casino, own one.
Steve Wynn
Being a visionary has to do with knowing where the market wants to go, maybe about five minutes ahead of the other guys.
Steve Wynn
[On a piece of desert being replaced by the Mirage Casino] Suppose that, what you see with your eyes, is not what your brain tells you should be there?
Steve Wynn
[On building Casinos] We don’t build these places for kids. They couldn’t afford it. We build ‘em for the child in each of us.
Steve Wynn
I’m a perfect example of someone who got lucky by being in the right place at the right time.
Steve Wynn
I can tell you that there are no suckers in a casino.
Steve Wynn
[On people being free to gamble if they want to] I don’t question the discretionary use of discretionary income.
Steve Wynn
Las Vegas exists because it is a perfect reflection of America.
Steve Wynn
I know that if something is instantly gratifying it will be repeated. All of us as adolescents remember that to be true.
Steve Wynn
I’m about as pathetic or sympathetic a character as Attila the Hun.
Steve Wynn
In the valley of the blind, the one eye’d man is king.
Steve Wynn
All of a sudden I looked like I was a rocket scientist.
Steve Wynn
[On opening a new casino in 2009] To a certain extent you can look upon these kinds of economic cycles as exercises. You’ve got to be able to do it up or down, in the bright sunshine or a little in the shade. You’ve got to be able to do this.
Steve Wynn
[In 2009] I don’t really care about short-term business cycles.
Steve Wynn
[In 2009] Everything today is exaggerated because of the media and the global communication.
Steve Wynn
Fact and fiction have an equal value on a computer screen on the internet.
Steve Wynn
[On the winning odds in casinos] Over the long run the house advantage, no matter how small it may be, is a very predictive element of the final outcome. And that truth, is inexorable.
Steve Wynn
I had an idea of conflict to provoke people and to engage their curiosity…
Steve Wynn
Before anything else, first let’s try and get our arms around an idea, and then we’ll get the stuff.
Steve Wynn
[On Casino Resorts] This is a business that thrives on competition. For 24 hours a day, seven days a week, the strip hosts the most violent competition in business in America.
Steve Wynn
[On Sheldon Adelson in February 2005] He has the world’s third-biggest convention center… and not one single car parking space to serve it.
Steve Wynn
[In April 2005] In Macau, the average player at the table will lose twenty-five dollars an hour. The dealer makes less than twenty-five dollars a day.
Steve Wynn
[On Jay Sarno, the builder of Caesars Palace and Circus Circus who he says greatly influenced him. When he showed Sarno a new sign he had just put up in fron of the Golden Nugget] Jay looked at me and sighed. He said, ‘Steve, Steve, ya gotta nice sign, but Steve, Steve, Steve, ya gotta do something with water.’ [Steve then did something with water.]
Steve Wynn
I can tell you that there are no suckers in a casino. It implies ignorance, and more importantly it implies that there’s a predator involved, which has to be me. All you’ve got to do is find one customer at the Mirage who can’t tell you that the house is against him; find one person there who’s there to make a living, who thinks that they can win in the casino as a matter of fact as opposed to being pure luck… These people are here for diversion.
Steve Wynn
If you’ve got a good self-image, you can deal with handicaps. If you don’t you can have a good vision and be Batman, and you’re ready to kill yourself. You say eyes, and it’s the most horrible thing to all of us. There’s a lot of pity. The most horrible thing about this and the reason I hate to discuss it is someone will say, ‘Oh, I heard about your eyes.’ I’m about as pathetic or sympathetic a character as Attila the Hun.
Steve Wynn
[On casinos in the early 90’s] The old joints are going into the toilet, but the new ones are all fresh and lively. Recession? Money coming by the billion. Two billion is being spent here [in his three casinos] this year.
Steve Wynn
[On his father having passed away] I’d give up everything for fifteen minutes with my father. To have him walk through this hotel and see what happened. No you’re talking about something more than a big number. I miss the thrill of showing my dad that it worked out OK. He would have been awful proud.
Steve Wynn
[On having to take over his father’s floundering bingo business and him reading the bingo numbers. It was not just bingo, he was selling] It was making the bingo a social recreational experience.
Steve Wynn
[In the late 1980s] It was my growing feeling that Las Vegas had a terrible kind of sameness to it. Boxes of rooms on top of rooms filled with slot machines. I’m not a gambler. I wouldn’t go across the street to shoot dice except as a lark maybe twice a year. But I’d go regularly to see a wonderment or a new attraction. So would you.
Steve Wynn
Operating profits for the Mirage were $189,000 to every million the first year, a little more the second year. Last year, it was $170,000. It went down because of the Japanese component [fewer tourists arriving from Japan]. Plus this last summer we have been carrying about $400,000 a month on payroll on this new hotel.
Steve Wynn
We can’t be everywhere. That’s not the kind of company we are… The tax rate’s gotta be right.
Steve Wynn
[On him and his wife divorcing and then remarrying] The divorce just didn’t work out.
Steve Wynn
We’re in the entertainment and leisure recreational business: Give the people what they want, and even if there’s a casino on both sides of you, they’ll come to your place. Trust a slot machine, and you’re [screwed] if there’s another slot machine. If you’re the only guy [gambling operator] in town, you’re gonna look like a rocket scientist.
Steve Wynn
The strongest force in this earth is something that affects your self-esteem.
Steve Wynn
First an idea, then a program, and then a building.
Steve Wynn
[While sitting on the edge at the top of the encore building] This is encore. Next time we do this in the lobby.
Steve Wynn
[On the only way to win in a casino] Is to own one. Unless you’re very lucky.
Steve Wynn
[On whether he knew of any gambling customer who was consistently making money in one of his casinos] Nope.
Steve Wynn
[On paying attention to all the fine details and how it looks in his casino’s] I can’t help myself. It’s a sickness.
Steve Wynn
[On accidentally putting a tear in a $138 million dollar Picasso painting] But the fact of the matter what stands historically is that the painting was damaged by it’s owner, the cluzo of collectors, Wynn. But look how people make mistakes.
Steve Wynn
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