Steve Wynn: Obama a bad bet for biz

(By JENNIFER EPSTEIN, POLITICO.com) - The man who played a major role in revitalizing Las Vegas is bashing President Barack Obama as “the greatest wet blanket to business, progress and job creation in my lifetime.”

Speaking to investors on a Monday conference call, casino developer Steve Wynn - calling himself a “Democratic businessman” - went on an extended rant against Obama and his policies.

His customers and the companies he works with “are frightened of this administration,” he said, “and it makes you slow down and not invest your money. Everybody complains about how much money is on the side in America.”