Loud rumblings from multiple sources have shared news that Victor Drai has been bought out of his management partnership at Steve Wynn’s XS and Tryst nightclubs in Vegas. Word is that the split was amicable and Mr. Drai will focus on his new club inside The W Hollywood and also focus on redeveloping Bill’s Gambling Hall (Vegas) as a preeminent nightlife destination. Additionally, Drai’s briefly opened private lounge will no longer serve the public on Sunday evenings. Instead, it will be used once more a celebrity retreat and available for private events.
Mr. Wynn will retain nightlife impresarios Jesse and Cy Waits as operating partners of XS and Tryst nightclubs as well as Botero Restaurant, though they will no long be involved with Drai's Hollywood. Moving forward expect a complete reconceptualization of Wynn’s Tryst nightclub over the next two years. [EaterWire] — David Morris