Andrew Pascal
Andrew Pascal | |
---|---|
Born | November 3, 1965 |
Nationality | American |
Alma mater | University of Colorado, Boulder |
Occupation(s) | Businessman, Entrepreneur |
Political party | Democratic |
Spouse |
Trina Pascal (m. 1995) |
Children | Storey Pascal Peri Pascal |
Parent(s) | Michael Pascal Mary Ann Pascal |
Relatives | Elaine Wynn (aunt) |
Andrew Pascal (born November 3, 1965) is an American businessman. He served as the president of Wynn Las Vegas from 2005 to 2010. He is the founder, president and chief executive officer of PlayStudios, an online gaming company. Additionally, he is developing Alon Las Vegas.
Early life
Andrew Pascal was born on November 3, 1965.[1] His aunt is Elaine Wynn.[2][3] His father, Michael Pascal, worked for Wynn Las Vegas,[4] as did his stepmother, Mary Ann Pascal, who started her career as an actress.
Career
Pascal started his career in the 1980s as a manager of slot machines at the Golden Nugget Las Vegas, then owned by billionaire Steve Wynn (his aunt's husband at the time).[5] He served as the chief executive officer of Silicon Gaming from 1998 to 2001, followed by WagerWorks from 2001 to 2003.[1]
Pascal joined Wynn Resorts as Senior Vice President of Product Marketing and Development in 2003, serving in this capacity until 2005.[1] He served as the president of Wynn Las Vegas from 2005 to 2010.[1][2][3] Additionally, he served on the Board of Directors of the Las Vegas Convention and Visitors Authority.[1]
Pascal founded PlayStudios in 2011.[1] He served as its president and chief executive officer.[1] The company received investments from MGM Resorts International and Activision Blizzard.[5] In 2012, some of its games were made available on Facebook.[5]
Pascal joined Crown Resorts, owned by billionaire James Packer, in 2014.[3][6] In July 2014, they acquired 35 acres on the Northern end of the Las Vegas Strip, where the New Frontier Hotel and Casino once stood, and they are developing Alon Las Vegas, a new resort, with additional investments from Oaktree Capital Management.[7][8] Crown announced in December 2016 that it was halting the project and seeking to sell its investment. Alon Leisure Management, LLC., led by Pascal, announced it was seeking other partners to proceed with the project.[9]
References
- ^ a b c d e f g "Wynn Resorts Ltd (WYNN:NASDAQ GS): Andrew Pascal". Bloomberg Business. Retrieved January 14, 2016.
- ^ a b Friess, Steve (April 24, 2015). "Wynn Resorts Shareholders Back Move to Remove Elaine Wynn From Board". The New York Times. Retrieved January 14, 2016.
- ^ a b c Williams, Perry (July 14, 2015). "James Packer snares Las Vegas nightclub kingpin Jesse Waits for new casino". Sydney Morning Herald. Retrieved January 14, 2016.
- ^ Clarke, Norm (March 3, 2015). "Elaine Wynn's brother out of a job at Wynn Resorts". Las Vegas Review-Journal. Retrieved January 15, 2016.
- ^ a b c Berzon, Alexandra (May 16, 2012). "For Start-Up, Virtual Casinos: Ex-Wynn Aide Joins Move to Mix Gambling, Social Gaming". The Wall Street Journal. Retrieved January 14, 2016.
- ^ Gardner, Jessica (August 8, 2014). "Crown bets Vegas development will be no gamble". Sydney Morning Herald. Retrieved January 14, 2016.
- ^ "FOX5 obtains plans for new north Strip resort". FOX5. June 26, 2015. Retrieved January 14, 2016.
- ^ Stutz, Howard (December 10, 2015). "Analyst: Investor interest in Strip's Alon project may be 'diminishing'". Las Vegas Review-Journal. Retrieved January 14, 2016.
- ^ "Alon management exploring options after loss of backer". LasVegasSun.com. 2016-12-15. Retrieved 2016-12-16.