Casino Moguls Steve, Elaine Wynn to Divorce

Michael Santo's picture

Las Vegas casino mogul Steve Wynn is divorcing his wife Elaine after more than four decades of marriage.

What makes the story more juicy is that Steve and Elaine Wynn were divorced once before, in 1986; they remarried five years later. The couple has two adult daughters, Kevyn and Gillian.

Steve Wynn, 67, is chief executive of the Las Vegas-based casino company, Wynn Resorts Ltd., which reported $210.2 million in net income in 2008. Elaine Wynn, 66, is a director on the company's board.

Of course, according to reports, the reason for the divorce is "another woman." They earlier stated that Steve Wynn had fallen for a 40-something British divorcee with two children. According to the New York Post, she's Andrea Hissom.

Unfortunately for Elaine Wynn, we can see from the picture (attached) just why Steve Wynn is attracted to her.

Still, you can bet Elaine Wynn won't be hurting financially. Steve and Elaine Wynn each own more than 24 million shares in Wynn Resorts, which would be valued at more than $468 million each at Tuesday's market close.

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