Casino mogul Steve Wynn mocks millennial customers

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

LAS VEGAS, NV - JUNE 07: (L-R) Actress Ashley Tisdale, Wynn Resorts Chairman CEO Steve Wynn and wife Andrea Wynn attend the "Unmasking" grand opening of Mizumi Restaurant at Wynn Las Vegas on June 7, 2012 in Las Vegas, Nevada. (Photo by Isaac Brekken/Getty Images for Mizumi)

LAS VEGAS (AP) — Casino magnate Steve Wynn mocked his millennial customers as he emphasized nightclubs and other non-casino parts of his business as the driving force for revenue at his resorts.

The outspoken developer made the comments Tuesday at the International Conference on Gambling and Risk Taking at The Mirage hotel-casino on the Las Vegas Strip.

Wynn said that his nightclubs, including the popular XS at the Encore, made $40 million a year, but that he distances himself from the lucrative offering within his business.

Calling himself “one of those old white guys,” he also mocked his millennial customers.

He said they spend too much “dim-witted” time on social media and suggested that the nightclubs either allowed people to “check their human sensibilities at the door” or “attracted every moron in the world.”

In April, Wynn drew criticism after saying  “nobody likes being around poor people.”

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.