Wynn comes up snake-eyes for Obama

Wynn Resorts Chairman and CEO Steve Wynn smiles during a news conference (Photo by Ethan Miller/Getty Images)

Elise Young Contributor
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Casino developer and self-proclaimed “Democratic businessman” Steve Wynn attacked President Obama during a conference call Monday, saying business owners and developers aren’t creating jobs because they fear his administration’s regulations.

“And I’m saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime,” said Wynn, CEO of Wynn Resorts, according to a transcript of the company’s quarterly conference call.

“And until we change the tempo and the conversation from Washington, it’s not going to change. And those of us who have business opportunities and the capital to do it are going to sit in fear of the President,” Wynn said. “Well, this is Obama’s deal, and it’s Obama that’s responsible for this fear in America.”

“And I’m telling you that the business community in this company is frightened to death of the weird political philosophy of the President of the United States. And until he’s gone, everybody’s going to be sitting on their thumbs,” Wynn said.

Wynn, one of the main figures behind the revitalization of Las Vegas, said the city offers opportunities to create “tens of thousands” of jobs, but he’s afraid to take any action to expand the job market because of the “current political environment in the United States.”

“My customers and the companies that provide the vitality for the hospitality and restaurant industry, in the United States of America, they are frightened of this administration,” he said.