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Andrew Pascal

American businessman From Wikipedia, the free encyclopedia

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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.

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Early life and education

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

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Golden Nugget Las Vegas

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

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

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

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

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

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]

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Personal life

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

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