UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                    FORM 15

  CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g)
     OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE
  REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                          Commission File Number: 333-98369-06


                         Desert Inn Water Company, LLC
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            (Exact name of registrant as specified in its charter)


                        3131 Las Vegas Boulevard South
                            Las Vegas, Nevada 89109
                                (702) 770-1100
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         (Address, including zip code, and telephone number, including
           area code, of registrant's principal executive offices)


               Guarantee of 12% Second Mortgage Notes Due 2010
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           (Title of each class of securities covered by this Form)


                                     None
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        (Titles of all other classes of securities for which a duty to
              file reports under section 13(a) or 15(d) remains)


         Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

Rule 12g-4(a)(1)(i)       |_|            Rule 12h-3(b)(1)(i)        |_|
Rule 12g-4(a)(1)(ii)      |_|            Rule 12h-3(b)(1)(ii)       |_|
Rule 12g-4(a)(2)(i)       |_|            Rule 12h-3(b)(2)(i)        |_|
Rule 12g-4(a)(2)(ii)      |_|            Rule 12h-3(b)(2)(ii)       |_|
                                         Rule 15d-6                 |x|


         Approximate number of holders of record as of the certification or
notice date: 61 .

         Pursuant to the requirements of the Securities Exchange Act of 1934,
Desert Inn Water Company, LLC has caused this certification/notice to be
signed on its behalf by the undersigned duly authorized person.


Date: December 23, 2004                By:  /s/ John Strzemp
                                            ----------------------------
                                            Name:  John Strzemp
                                            Title: Executive Vice President
                                                   and Chief Financial Officer
                                                   Wynn Resorts, Limited,
                                                   as sole member of
                                                   Valvino Lamore, LLC,
                                                   as sole member of the
                                                   registrant


Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of
which shall be manually signed. It may be signed by an officer of the
registrant, by counsel or by any other duly authorized person. The name and
title of the person signing the form shall be typed or printed under the
signature.