Low and behold at the table next to them was Frank Sinatra. On their way there, they ended up in Palm Springs dining at Ruby’s Dunes. They came to an agreement, and Steve would be on his way to Las Vegas.Īt 23 years old, Steve headed out on a trip to Las Vegas with his young wife and the friend of his father’s who had introduced him to John MacArthur. However John MacArthur felt Steve Wynn could look after his interests if Steve was part of the group of lessees which Mr. The insurance company owned The Last Frontier and they had been unsuccessful in selling the property.Ī group had instead offered to lease the property from the insurance company. MacArthur declined, but the twist of fate would send him on the path to Las Vegas.Ī few weeks after Steve Wynn met with John MacArthur, the met again at the Plaza Hotel to discuss an opportunity MacArthur had in a property in Las Vegas. He eventually approached John MacArthur of Banker's Life and Casualty and offered him half of the deal. Steve could acquire the property for $1,000,000. He also saw the path to get the property rezoned where others might have trouble doing so.

He saw an opportunity to develop the land into an industrial park. Steve Wynn found his opportunity to become a real estate developer in a farm by the Baltimore/Washington International Airport. Steve's Eye Is Set On Becoming A Developer To his good fortune, Steve was able to set aside enough money so he could have the liberty to pursue his dream. He successfully ran his father's business. He would let go of his pursuit of a law degree to focus on the bingo business. He attempted to attend Georgetown instead of Yale to pursue his law degree for a semester or two while running the family business. He became the sole provider for his mother, brother, and young wife Elaine. With his father gone, Steve had to take the wheel of his father's bingo business.

Steve’s father had a bingo parlor in Maryland. He had also been accepted to attend law school at Yale. Steve had just six weeks to go before graduation. While Steve Wynn was finishing his studies at the University of Pennsylvania, his father, Michael, died during heart surgery at 47 years old. Steve Wynn Takes The Wheel Of The Family Bingo Business In Maryland

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