MIRAGE RESORTS INC
SC 13D/A, 1998-06-19
MISCELLANEOUS AMUSEMENT & RECREATION
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                        UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION
                   Washington, D.C.  20549
                              
                        SCHEDULE 13D
                              
          Under the Securities Exchange Act of 1934
                     (Amendment No. 13)
                              
                Mirage Resorts, Incorporated
                      (Name of Issuer)
                              
           Common Stock, Par Value $.004 Per Share
               (Title of Class of Securities)
                              
                         60462E 10 4
                       (CUSIP Number)
                              
                Peter C. Walsh (702) 792-4868
                Mirage Resorts, Incorporated
    3260 South Industrial Road, Las Vegas, Nevada  89109
 (Name, Address and Telephone Number of Person Authorized to
             Receive Notices and Communications)
                              
                        June 17, 1998
   (Date of Event which Requires Filing of this Statement)
                              
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [ ].

NOTE:  Six copies of this statement, including all exhibits,
should be filed with the Commission.  See Rule 13d-1(a) for
other parties to whom copies are to be sent.

*  The remainder of this cover page shall be filled out for
a reporting person's initial filing on this form with
respect to the subject class of securities, and for any
subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section
18 of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act
(however, see the Notes).

                      Page 1 of 5 Pages
<PAGE>                              
CUSIP No. 60462E 10 4                   Page 2 of 5 Pages

1    NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          Stephen A. Wynn, ###-##-####

2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  
     (a) []      (b) [ ]

3    SEC USE ONLY

4    SOURCE OF FUNDS

          Not Applicable.

5    CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
     PURSUANT TO ITEMS 2(d) or 2(e)                       [ ]

6    CITIZENSHIP OR PLACE OF ORGANIZATION

          U.S.A.

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH

     7    SOLE VOTING POWER
          26,612,164

     8    SHARED VOTING POWER
          -0-

     9    SOLE DISPOSITIVE POWER
          26,612,164

     10   SHARED DISPOSITIVE POWER
          -0-

11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
     PERSON

          26,612,164

12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
     CERTAIN SHARES                                       [X]

13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          13.8%.

14   TYPE OF REPORTING PERSON
          IN

                                2
<PAGE>
This Amendment No. 13 amends and supplements the Schedule 13D,

as most recently amended by Amendment No. 12 thereto dated 

February 17, 1998 (the "Schedule 13D"), of Stephen A. Wynn

(the "Reporting Person") with respect to the Common Stock,

$.004 par value (the "Common Stock"), of Mirage Resorts,

Incorporated, a Nevada corporation (the "Issuer").  All

information in this Amendment No. 13 has been adjusted to

give retroactive effect to a two-for-one split of the Common

Stock which became effective on June 17, 1996.

Item 5.   Interest in Securities of the Issuer.

          Paragraphs (a) and (c) of the Schedule 13D are

          hereby amended as follows:

               (a)  On the date hereof, the Reporting Person

          beneficially owns 26,612,164 shares of Common

          Stock (including 12,950,000 shares which he has

          the right to acquire upon the exercise of employee

          stock options which are currently exercisable or

          become exercisable within 60 days from the date

          hereof), constituting an aggregate of

          approximately 13.8% of the sum of the 179,540,607

          shares of Common Stock outstanding at May 12, 1998

          plus the 12,950,000 shares that the Reporting

          Person has the right to acquire.  Such 26,612,164

          shares do not include 245,000 shares of Common

          Stock beneficially owned by Elaine P. Wynn, the

          Reporting Person's wife, as separate property, as

          to which shares the Reporting Person disclaims

          beneficial ownership.
                                3
<PAGE>
               (c)  On August 16, 1995, the Board of

          Directors of the Issuer granted the Reporting

          Person a non-qualified stock option (the

          "Option"), pursuant to the Issuer's 1993 Stock

          Option and Stock Appreciation Rights Plan, to

          purchase 2,000,000 shares of Common Stock at an

          exercise price of $16.1875 per share.  The Option

          is exercisable in cumulative 20% annual

          installments commencing on August 16, 1996 and

          will expire on August 16, 2005.  The shares of

          Common Stock reported herein as being beneficially

          owned by the Reporting Person include the 400,000

          shares subject to the Option which become exercisable

          on August 16, 1998.

Item 6.   Contracts, Arrangements, Understandings or
          Relationships with Respect to Securities of the 
          Issuer.

          The information set forth in Paragraph 5(c) of

          this Amendment No. 13 is incorporated herein by

          reference.  A copy of the agreement pursuant to

          which the Option was granted is incorporated by

          reference as an exhibit to this Amendment No. 13.

Item 7.   Material to Be Filed as Exhibits.

          1.   1993 Non-Qualified Stock Option Agreement
               between the Issuer and the Reporting Person.
               Incorporated by reference to Exhibit 1 to 
               Amendment No. 10 to the Schedule 13G, dated 
               June 19, 1996.
                          
                                4
<PAGE>
                          SIGNATURE
                              
     After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this Statement is true, complete and correct.

Date:  June 19, 1998

                                    STEPHEN A. WYNN
                                    _________________________
                                         STEPHEN A. WYNN

                                5



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