According to CNBC, the Wynn Resort boards has greenlighted the construction of Paradise Park, a resort in Las Vegas featuring a 20-acre lagoon.
The resort will include a white-sand beachfront for the lagoon, a boardwalk, cabanas and restaurants as well as a couple of thousand hotel rooms. The project is slated to be built next to the Wynn’s existing Las Vegas casino.
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Aside from attracting gamblers, Wynn said the company wanted to draw families by tapping into the lucrative market of family vacation destination. Wynn shares was up 4% after the announcement.
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