Feeds

Casino tycoon sticks elbow through £74m Picasso

That's torn it

The essential guide to IT transformation

A US casino mogul has blown a deal to offload a Picasso painting for £74m ($139m) after accidently sticking his elbow through it, the BBC reports.

Steve Wynn was showing off Le Reve (The Dream) to guests at his Las Vegas office last month when the expensive mishap occured. Wynn suffers from retinitis pigmentosa, "an eye disease affecting peripheral vision", the Beeb explains, and is also known for "gesturing with hands while speaking".

Eyewitness Nora Ephron later reported he "raised his hand then at that moment, his elbow crashed backward right through the canvas. There was a terrible noise".

She added: "Smack in the middle...was a black hole the size of a silver dollar. 'Look what I've done' he said. 'Thank goodness it was me'."

Wynn had agreed to sell the canvas - which he bought in 1997 for $48.4m - to collector Steven Cohen for the aforementioned truckload of cash. A spokeswoman for the gambling magnate says he'll now hold onto the painting and repair it. ®

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.