Vegas casino owner and collector Steve Wynn has regained his appetite for high-end art. “Last week in New York Mr Wynn bought John Singer Sargent’s 1885 portrait Robert Louis Stevenson and his Wife. for $8.8m (£4.8m). He plans to hang it in his new casino, Wynn Las Vegas, due to open next year. With a Cézanne and a Renoir, purchased last year for $40.9m and also destined for Las Vegas, it looks like Mr Wynn has recovered his appetite for blue-chip art, and that the market is recovering after disappointing sales in recent years.”