QuickLinks -- Click here to rapidly navigate through this document
Exhibit 25.1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY
OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)
WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
Not Applicable (Jurisdiction of incorporation or organization if not a U.S. national bank) | | 94-1347393 (I.R.S. Employer Identification No.) |
420 Montgomery Street San Francisco, CA (Address of principal executive offices) | | 94163 (Zip code) |
Stanley S. Stroup, General Counsel
WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479
(612) 667-1234
(agent for services)
WYNN LAS VEGAS, LLC
AND
WYNN LAS VEGAS CAPITAL CORP.,
As joint and several obligors
(Exact name of obligor as specified in its charter)
Wynn Las Vegas, LLC
(Exact name of Registrant as specified in its charter)
Nevada (State or other jurisdiction of incorporation or organization) | | 88-0494878 (I.R.S. Employer Identification Number) |
3145 Las Vegas Blvd., South Las Vegas, NV (Address of principal executive offices) | | 89109 (ZIP Code) |
Wynn Las Vegas Capital Corp. (Exact name of Registrant as specified in its charter) |
Nevada (State or other jurisdiction of incorporation or organization) | | 88-0494878 (I.R.S. Employer Identification Number) |
3145 Las Vegas Blvd., South Las Vegas, NV (Address of principal executive offices) | | 89109 (ZIP Code) |
Second Mortgage Notes Due 2010
(Title of the indenture securities)
Item 1. General Information. Furnish the following information as to the trustee:
- (a)
- Name and address of each examining or supervising authority to which it is subject.
Comptroller of the Currency,
Treasury Department
Washington, D.C. 20230
Federal Deposit Insurance Corporation
Washington, D.C. 20429
Federal Reserve Bank of San Francisco
San Francisco, CA 94120
- (b)
- Whether it is authorized to exercise corporate trust powers.
Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.
None with respect to the trustee.
No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.
Item 15. Foreign Trustee. Not applicable.
Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility. Wells Fargo Bank incorporates by reference into this Form T-1 exhibits attached hereto.
Exhibit 1. | | A copy of the Articles of Association of the trustee now in effect. * |
Exhibit 2. | | A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated November 28, 2001. * |
Exhibit 3. | | A copy of the authorization of the trustee to exercise corporate trust powers. A copy of the Comptroller of the Currency Certificate of Corporate Existence (with Fiduciary Powers) for Wells Fargo Bank, National Association, dated November 28, 2001. * |
Exhibit 4. | | Copy of By-laws of the trustee as now in effect. * |
Exhibit 5. | | Not applicable. |
Exhibit 6. | | The consents of United States institutional trustees required by Section 321(b) of the Act. |
Exhibit 7. | | A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority. ** |
Exhibit 8. | | Not applicable. |
Exhibit 9. | | Not applicable. |
- *
- Incorporated by reference to exhibit number 25 filed with registration statement number 333-87398.
- **
- Incorporated by reference to exhibit number 25 filed with registration statement number 333-99641.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Minneapolis and State of Minnesota on the day of 15th of October, 2002.
| | WELLS FARGO BANK, NATIONAL ASSOCIATION |
| | /s/ MICHAEL G. SLADE Name: Michael Slade Title:Corporate Trust Officer |
Exhibit 6
October 15, 2002
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request thereof.
| | Very truly yours, |
| | WELLS FARGO BANK, NATIONAL ASSOCIATION |
| | /s/ MICHAEL G. SLADE Michael G. Slade Corporate Trust Officer |
QuickLinks
SIGNATURE