Wynn Las Vegas just issued the following announcement regarding Cy Waits:

Cy Waits has been separated from the company and is free to pursue other interests. Wynn has no further comment on this matter.

Now it’s time to start the speculation train. Was Waits straight-up terminated? Was there a buyout? How will this impact Victor Drai’s future plans? Will Jesse Waits be in sole control of XS and Tryst, or will other executives be brought in?

Not to mention Paris Hilton is no longer welcome on-property. It appears to be a bad day to be someone who’s annoyed Steve Wynn.

UPDATE: Jesse Waits will continue in his role as General Partner in XS and Tryst, according to a Wynn spokeswoman. The resort declined comment, though, as to whether the position held by Cy Waits will be filled, or if Jesse Waits will function in a solo capacity.

By Jason Scavone

On to the next.

Longtime Wynn Las Vegas club operator Victor Drai is ending his involvement with Tryst and XS. That leaves Jesse and Cy Waits as the clubs’ operators.

“In order to pursue other interests, Victor Drai has entered into an agreement with Wynn Las Vegas allowing him the ability to pursue a wide range of business opportunities which would necessitate reducing his responsibilities with our company. Hence, the relations that have worked so well for both Wynn Las Vegas and Victor Drai have come to an end on the best of terms, with the warmest possible feelings of both parties,” Wynn and Encore President Andrew Pascal said.

The rumor right now is of a potential Drai takeover of Bill’s Gamblin’ Hall and Saloon, where he has his Drai’s nightclub — which is now independent. Just when we were getting used to the word “Saloon” as a fixture on a center-Strip property, too.

It’s been shakeuptastic in the nightlife world, with Pure Management Group’s Chief Marketing Officer David Krause leaving his position there.

By Jason Scavone

Paris, channeling her inner Billy Idol. (Photos by Erik Kabik. Additional photos by Scott Harrison | Retna)

Paris Hilton has new shoes, and Paris Hilton has new perfume and Paris Hilton has Jermaine Dupri. Who, coincidentally, could fit inside a perfume bottle.

Hilton, along with parents Kathy and Rick, were at Tryst inside Wynn Las Vegas last night for the launch of her spring shoe collection and Tease, the perfume. Dupri was just there to DJ. Hilton is rolling all of this out for MAGIC, but it could wind up being a footnote in her empire. Hilton said she wanted to get into the family hotel game, which we can imagine would be it’s own special kind of branding hell.

By Jason Scavone

She was really spot-on with that Spain pick. (Photos by Danny Mahoney)

With her World Cup globetrotting behind her (where she garnered international attention for her match-picking prowess as Paul the Octopus), Paris Hilton was back at XS Friday night. Later on, she moved over to Tryst where Montel Jordan jumped on the mic to drop “This Is How We Do It.” So, you know. Hey, the ’90s.

By Jason Scavone

Shortly after this, Philbin levitated an X-Wing out of the Wynn water feature. (Photo by Danny Mahoney)

Regis Philbin is Ryan Seacrest’s Yoda, right? By which we mean Ryan Seacrest has to carry Regis Philbin on his back through the swamps of Dagobah. That’s how you gain power in the television industry, isn’t it? We’re not sure. We never worked in TV.

Anyway. Seacrest and Philbin were at XS inside Encore on Saturday, prepartying for the Daytime Emmys. They hung out with Paris Hilton and co-owner Victor Drai at his table, while elsewhere, John Mayer partied with his friends. Just pause to let that sink in. Ryan Seacrest, John Mayer and Paris Hilton were all under one roof. It’s like a whole year of poorly thought out interview quotes all at the same time.

Over at Tryst, gold medalist Apolo Anton Ohno rolled with a group of dudes, mixing it up on the dance floor. He was not wearing all eight of his Olympic medals when he went out. We would absolutely do that. We don’t care if everyone else thought we were trying way too hard. Do they have eight medals? No. No they do not. Will girls come hang out with the guy with eight medals, or the guy with no medals? That’s what we thought.

By Jason Scavone

We never would have recognized him without the face shield. (Photo by Danny Mahoney)

Jets running back LaDanian Tomlinson was at Tryst inside Wynn Las Vegas Friday night. Fortunately for him, he joined the Jets years into his career without having to be subjected to actually being drafted onto the team and listening to all of Madison Square Garden boo him. He’ll just get to hear that at the Meadowlands the first time he fumbles. Ex-Steeler Jerome Bettis was also at the club.

Meanwhile, over at XS, another sports star was holding court at a VIP table: Michael J. Fox. What’s that? Michael J. Fox isn’t an athlete? Oh, maybe you don’t remember his turn as a stand out for the Beacon Town Beavers in both human and teen-aged wolf form? We accept your apology. Also at XS: Fellow wolfman Flavor Flav.

More athletes! Jarryd Bayless of the Trailblazers, Edgerrin James of the Seahawks and the Redskins’ Clinton Portis at Boa Steakhouse inside the Forum Shops. Bears’ QB Jay Cutler celebrating his birthday with Barndon Marshall of the Dolphins at N9NE Steakhouse. Also there were the Dolphins’ Will Allen, Karlos Dansby and Jake Edward Long, the Chargers’ Brandyn Dombrowski, the Jets’ Mark Sanchez, baseball free agent Jermaine Dye and Mayor Oscar Goodman. Click for more words and pictures »

By Jason Scavone

So that’s what’s under the bomb suit.

Playmate Athena Lundberg was at Tryst inside Wynn Las Vegas Friday night to celebrate her birthday. Lundberg, you’ll remember, was Miss January 2006 and also the winner of that year’s Least Congruous First and Last Names Award.

Meanwhile, over at XS inside Encore, Oscar nominee Jeremy Renner of The Hurt Locker had a table with friends. See, the thing is, now that he’s been here, you can probably expect him to show up again and again. Because as you get older, some of the things you love might not seem so special anymore. Like your Jack-in-the-box. Maybe you’ll realize it’s just a piece of tin and a stuffed animal. And the older you get, the fewer things you really love. And by the time you get to his age, maybe it’s only one or two things. With him, he thinks it’s one: Bottle service.

Also at the club was 2008 Playmate of the Year Jayde Nicole, who, as far as we know, hasn’t defused anything more complex than Brody Jenner.

By Jason Scavone

Brooke Burke, seen here with three friends and one guy who wandered off Con Air. (Photo by Scott Harrison | Retna)

Oh, Wild On. Such a savior for lonely nights in the late ’90s when Internet porn was still kind of crappy. The Wild On maven, Brooke Burke, was at Tabu inside MGM Grand for a pre-Valentine’s Day party Saturday night. She was putting her Dancing with the Stars skills to work, rocking out on the tabletop to Ke$ha’s “Tik Tok” and Sean Kingston’s “Fire Burning.” One of those, by the way, has 40 million-plus views on YouTube. So. Nicely done, America.

Over at Tryst, chef Cat Cora was at the owner’s table with Wynn chef Paul Bartolotta. XS saw soccer player Freddie Ljunberg out for a second evening while Mr. Olympia, Jay Cutler, was also in the crowd.

Also at Wynn, UFC fighter Chuck Liddell took his family, including kids Trista and Cade, to see La Reve. They ducked backstage to meet the cast afterward, with Liddell getting a little Dancing with the Stars time in with the ballroom dancers. He returned Sunday night to hit up XS.

By Jason Scavone

John Hamm should’ve set the standard for Hamms everywhere having to dress like ’60s executives. (Photo by Danny Mahoney)

Mia Hamm, or, as she’s known in L.A. and Boston, Mrs. Nomar Garciaparra, was with fellow United States women’s soccer players Kristin Lilly and Tisha Venturini at Tryst inside Wynn Las Vegas last night. The three former North Carolina teammates were all involved in the 1999 World Cup final shootout against China that ended in Brandi Chastain’s sports bra.

Meanwhile, over at Haze, Drake was inside the Aria club to perform for the crowd there on a stage covered in bills. SpyOn has the pics starting here.

By Jason Scavone

(Photo by Danny Mahoney. Additional photos by Ethan Miller | Getty Images, Al Powers | SpyOnVegas.com)

For a fourth birthday party, this one had a disappointing dearth of terrifying, terrifying clowns. Regardless of its inability to spawn childhood nightmares, Tryst at Wynn Las Vegas brought out Chuck Liddell and free agent/Vanity and Wasted Space co-owner owner Jason Giambi to the celebration. Neither of whom made nary as much as a single balloon animal. Seriously, what kind of 4-year-old party is this?

Over at CityCenter’s Crystals, Matt Goss performed at the grand opening of Tiffany & Co., while Eve drew Avril Lavigne around 1:45 a.m. MMA fighters Dan Henderson, Gray Maynard and Rashad Evans grabbed a table with their training partners.

Finally, Aria’s Haze celebrated Estelle’s birthday with a microphone-shaped cake and a performance of “One Love.” If you want to see what a 20-foot Etta James with a vicious sweet tooth would sing into, head over to SpyOnVegas.com.

By Jason Scavone