Posts Tagged ‘Andrew Pascal’

Billionaire Break-ups

by , Apr 9, 2012 | 8:24 am

Trouble at Spring Mountain and Paradise … But is Seal Team Six really necessary to protect a casino boss with relationship problems?

It seems now wherever he goes, Steve Wynn has a team of bodyguards trailing behind him. And according to this article, Steve is supposedly drawing his protection from a pool of ex-Navy Seals.

The added security detail is coincident with his high-profile tiff  with Wynn’s one-time partner Kazou Okada. After the two exchanged dueling lawsuits, Wynn forced Okada off the company’s board of directors and cashed him out of his Wynn stock holdings at a deep discount.

But if the situation did escalate from legal to physical, we feel Steve Wynn could do just fine without bodyguards. By all appearances, Wynn looks to have both the height and reach advantage on Okada.

They say it’s lonely at the top. That appears to be especially true for Wynn. The business publication Barron’s recently dropped Wynn from their annual list of top chief executives. Wynn’s wife Elaine divorced him — for the second time. Fallout from the divorce included the departure of Andrew Pascal, President of Wynn’s Las Vegas properties and Elaine’s nephew. And after more than a decade alliance, Wynn and Chef Alex Stratta severed ties last year.

Maybe Wynn hired a few buff bodyguards just for the company.