Wynn Leaving Las Vegas

Steve Wynn tells Reuters reporter he is leaning toward moving his company to Macau and will offer up the proposal to the board during schedule May meeting. He also announced plans to construct a third resort in Macau.

During another interview with Business Week, Wynn went into more detail for the proposed move to China, citing the Obama administration's policies that do not encourage investments in Las Vegas.

Will Las Vegas miss the talent and creativity Wynn brought to the development of the current Las Vegas landscape? You can bet on it.