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Tuesday, November 24, 
8:51 am

Wynn wants to return to AC

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Welcome to New Jersey stampAfter swearing to never return to Atlantic City, Steve Wynn reportedly is reconsidering that proclamation, according to speculation in The Newark Star Ledger. Wynn, who once owned AC's glitziest casino, the Golden Nugget, reportedly covets Donald Trump's Trump Plaza, which shares the convenience with Caesars as being one of the two casinos at the terminus of the Atlantic City Expressway, the main highway into the city from the Garden State Parkway. The Star Ledger's speculation stems from the appearance of Wynn and Trump together at the Mets-Cardinals National League Championship Series Game 7 at Shea Stadium last week. The story suggests Trump would use Wynn's money to expand his Taj Mahal casino with the addition of condominiums. In addition, it suggests Wynn might also trade Las Vegas property in order to secure Trump Plaza, which he'd reportedly raze to build a casino that could rival the city's flagship hotel the Borgata, a joint venture between Boyd Gaming Corp. and MGM Mirage Inc. However, 20 years ago Wynn swore never to return to Atlantic City after selling the Golden Nugget because of the state's gaming laws. Although he swore never to return, at one time Wynn was involved in the Borgata until his company, Mirage, was sold to MGM Grand, which assumed Mirage's stake in the project. Consequently, the Star Ledger's speculation may not be out of bounds. —Matthew Wurtzel

See story from The Newark Star Ledger

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