No, Bellagio is not currently owned by Wynn. While casino mogul Steve Wynn played a pivotal role in the conception and development of the iconic Las Vegas resort, its ownership and operation have since changed hands.
Current Ownership and Operation of Bellagio
Today, Bellagio is owned by Blackstone Inc. and operated by MGM Resorts International. This arrangement means that Blackstone Inc. holds the real estate assets, while MGM Resorts International manages the daily operations, guest services, and resort experiences under a lease agreement.
Here's a breakdown of its current status:
| Aspect | Entity |
|---|---|
| Owner | Blackstone Inc. |
| Operator | MGM Resorts International |
Steve Wynn's Historical Connection to Bellagio
Though not its current owner, Steve Wynn's vision was instrumental in bringing Bellagio to life.
- Conception and Development: Bellagio was conceived by casino owner Steve Wynn. His company, Mirage Resorts, was responsible for its development and construction.
- Location History: The resort was built on the former site of the Dunes hotel-casino. Wynn's company, Mirage Resorts, purchased the Dunes in 1992, paving the way for Bellagio's construction.
- Design Influence: Wynn envisioned Bellagio as a high-end, European-inspired resort, which is evident in its architectural style and luxurious amenities, including the world-famous Fountains of Bellagio.
Bellagio opened its doors in October 1998, quickly establishing itself as a premier destination on the Las Vegas Strip. Over time, ownership shifted from Mirage Resorts (which was later acquired by MGM Grand Inc., forming MGM Mirage, now MGM Resorts International) to its current owner, Blackstone Inc., while MGM Resorts International continues to operate it.
You can learn more about the resort's history and current status on its Wikipedia page.
