Robert H. Baldwin President B E L L A G I O January 7, 1999 Mr. Stephen A. Wynn Chairman of the Board, President and Chief Executive Officer Mirage Resorts, Incorporated 3600 Las Vegas Boulevard South Las Vegas, Nevada 89109 Dear Steve: This confirms...

Xxxxxx X. Xxxxxxx
    President

                           B E L L A G I O


January 7, 1999



Xx. Xxxxxxx X. Xxxx
Chairman of the Board, President
 and Chief Executive Officer
Mirage Resorts, Incorporated
0000 Xxx Xxxxx Xxxxxxxxx Xxxxx
Xxx Xxxxx, Xxxxxx   00000

Dear Xxxxx:

This  confirms the  agreement  this date between Bellagio and you with
respect  to  the  work  of fine art entitled "Nature Morte, Xxxx Xxxx,
Vase d'anemones,  citrons  et ananas" by Xxxxx Xxxxxxx (1925,  oil  on
canvas, 32-3/8 x 39-3/4 inches) (the "Work"), which you purchased from
Bellagio on January 14, 1998 at a purchase price of $4,562,812.45.

You hereby sell the Work to Bellagio and Bellagio hereby purchases the
Work from you for $4,562,812.45.

Please  sign  below  to  confirm  your agreement to the foregoing.  My
signature below confirms Bellagio's agreement thereto.

Very truly yours,

BELLAGIO



     XXXXXX X. XXXXXXX
By:  
     ----------------------------
     XXXXXX X. XXXXXXX
     President and Chief
     Executive Officer

I hereby agree to the foregoing.

     XXXXXXX X. XXXX
     ----------------------------
     XXXXXXX X. XXXX

cc:  Xxxxx X. Xxxxx
     Xxxxx X. Xxxxx
     Xxxxx X. Xxxxxx

             P.O. BOX 7700, LAS VEGAS, NEVADA 89177-7700

                            EXHIBIT 10.73