Andrew Pascal
Andrew Pascal | |
|---|---|
 | |
| Born | November 3, 1965 Miami, Florida, U.S. |
| Education | University of Colorado, Boulder (BA) |
| Occupation | Businessman |
| Political party | Democratic |
| Spouse |
Trina Pascal (m. 1995) |
| Children | 2 |
| Parent(s) | Michael Pascal (father) Mary Ann Pascal (step-mother) |
| Relatives | Steve Wynn (uncle) Elaine Wynn (aunt) |
Andrew Scott Pascal (born November 3, 1965) is an American businessman. He is the founder, CEO, and chairman of PLAYSTUDIOS, a consumer gaming company focused on the free-to-play social and mobile games. He was previously the President and Chief Operating Officer of Wynn Las Vegas, President and CEO of WagerWorks, and its predecessor Silicon Gaming.
Early life and education
[edit]Andrew Pascal was born on November 3, 1965, in Miami to Michael and Susan Pascal.[1] He earned a Bachelor of Arts in Economics from the University of Colorado, Boulder. He is the nephew of prominent casino developers Steve and Elaine Wynn..[2][3]
Career
[edit]Golden Nugget Las Vegas
[edit]Pascal started his career in the 1980s as a manager of slot machines at the Golden Nugget Las Vegas, then owned by his aunt and uncle, Steve and Elaine Wynn.[4]
Silicon Gaming and WagerWorks
[edit]After moving to San Francisco, Pascal became the Chief Executive Officer of Silicon Gaming, focusing on innovative slot machine technology. He later established WagerWorks in 2001, providing online gaming solutions.[1] Both companies were eventually acquired by International Game Technology (IGT).[5]
Wynn Resorts
[edit]Pascal joined Wynn Resorts in 2003 as Senior Vice President of Product Marketing and Development.[1] He was later promoted to President and Chief Operating Officer of Wynn Las Vegas in 2005,[6] overseeing the development and opening of Encore Las Vegas in 2008. Pascal resigned from the company in late 2010.[1][2]
PLAYSTUDIOS
[edit]In 2011, Pascal co-founded PLAYSTUDIOS, a company specializing in free-to-play social and mobile casino games. As Chairman and CEO, he led the development of the company's first game, myVEGAS Slots, launched on Facebook in 2012.[1] The company has received investments from MGM Resorts International and Activision Blizzard.[4] In February 2021, it was announced that PLAYSTUDIOS would go public via SPAC (Special-Purpose Acquisition Company) and listed on the Nasdaq under the ticker symbol MYPS. The transaction valued the company at $1.1 billion.[7] In November 2021, the company acquired the license to Tetris® mobile.[8]
Alon Las Vegas
[edit]In 2014, Pascal partnered with Crown Resorts to develop Alon Las Vegas, a proposed $2.4 billion resort on the Las Vegas Strip. [3][9] In August 2014, they acquired 35 acres on the northern end of the Las Vegas Strip for $280 million, where the New Frontier Hotel and Casino once stood, with the hopes of opening in late 2018.[10][11] However, the project was discontinued in 2016 after Crown Resorts withdrew its investment.[12]
Bear's Best Las Vegas
[edit]In 2024, Pascal, along with partner Mike Mixer, acquired Bear's Best Las Vegas golf course in Summerlin for $30.5 million through their company, Mulligan Holdings LLC. The duo plans to invest $300 million to transform the course into a private club with 15 luxury villas, aiming to reopen in October 2026.[13]
Personal life
[edit]In 1995, Pascal married his wife, Trina, in San Francisco. They have two children, Storey (born 1998) and Peri (born 2001).
In 2004, Pascal's family moved to Las Vegas for his position at Wynn Resorts. Las Vegas remains his primary residence, where he has been deeply involved in the hospitality and gaming industries.
References
[edit]- ^ a b c d e "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 Williams, Perry (July 14, 2015). "James Packer snares Las Vegas nightclub kingpin Jesse Waits for new casino". Sydney Morning Herald. Retrieved January 14, 2016.
- ^ a b 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.
- ^ Takahashi, Dean (2012-05-25). "The DeanBeat: myVegas social casino games launches with partner MGM". VentureBeat. Retrieved 2022-10-21.
- ^ Stewart, Samantha. "Andrew Pascal Promoted to President and COO of Wynn Las Vegas". Wynn Resorts.
{{cite web}}: CS1 maint: url-status (link) - ^ Takahashi, Dean (2021-02-01). "Playstudios will go public via SPAC at $1.1 billion valuation". VentureBeat. Retrieved 2025-04-17.
- ^ "About Us | Play Casino Slot Machines | Rewards for Vegas Properties App | Las Vegas Discounts | Las Vegas Deals | playSTUDIOS". 2020-09-16. Retrieved 2025-04-17.
- ^ 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.
- ^ "Summerlin golf course sells for $30.5M". Las Vegas Review-Journal. 2024-04-08. Retrieved 2025-04-17.