It's official: Steve Wynn sells Tahoe mansion

The price and who paid it are his secret.

"I didn't lose any money on it," Wynn said during Thursday's Nevada Gaming Commission meeting.

The first asking price was $25 million. The property was valued on the county tax rolls at $12 million and there were published reports the new owner paid $18 million to $19 million.

Wynn said he would complete his term on the Tahoe Regional Planning Agency that oversees development at the lake on the California-Nevada border. But he said he doesn't know if he will seek a third term in January. He missed the agency's last meeting.

Right now, he said, he's busy putting the finishing touches on the $1.6 billion Bellagio hotel-casino set to open Oct. 15 on the Las Vegas Strip.

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