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Steve and Elaine Wynn sit with Jon Ralston and Paula Francis for a special interview discussing plans to demolish the Desert Inn and build an 'indeterminate number" of new hotels. Talks about how the west side of the Strip has a "front" but no back (bordering the I-15 and Industrial Road, and while they are practical they are not aesthetically pleasing. The Desert Inn property, located on the east side, is off Paradise Road which is an important commercial street, and the Desert Inn property is on valuable property. Wynn explains how there is enough space for two Strip hotels, and located across from the high-end retail in Fashion Show Mall. Ralston asks why Wynn believes building north on the Strip is a good idea, and asks him if Wynn is worried about walk-in due to the area; Wynn is not worried at all about the location of these potential hotels. The reporters ask for details about the future ideas, but Elaine Wynn cautions against revealing too many details. He says the buildings will be close together, but not themed like other hotels and will have more natural lights. He talks about returning some water back into the Valley's water supply and create a "water stadium" with attractions from noon to midnight. Wynn discusses gaming appearing in other states like California, and what that means to Nevada gaming industry. The second segment shows select clips from the same interview. Original media VHS, color, aspect ratio 4 x 3, frame size 720 x 486. From the Stardust Resort and Casino Records (MS-00515) -- Photographs and audiovisual material -- Digitized audiovisual material file.