A settlement reached in a 2016 case involving sportsbook operator CG Technology could provide a roadmap for regulators as they work their way through investigating allegations that Wynn resorts chairman and CEO Steve Wynn demanded sexual favors from and assaulted female hotel employees over the last three decades.
Riding a one-time tax benefit of an estimated $74 million, Las Vegas-based Allegiant Travel Co. reported its most profitable quarter, beating Wall Street analysts’ expectations.
Following sexual abuse allegations against casino magnate Steve Wynn, a Massachusetts Gaming Commission investigator said Wednesday information about a $7.5 million settlement was kept from state officials when they were reviewing the suitability of his company for a casino license in 2013.
Steve Wynn’s casino empire could be snapped up again by larger competitors if the billionaire is forced out of his company over sexual harassment allegations, Wall Street analysts say.
The University of Iowa has announced plans to remove casino developer Steve Wynn’s name from the school’s Institute for Vision Research in light of sexual misconduct allegations against Wynn.
Clark County’s gaming win ended a strong 2017 with a whimper with December totals down 0.89 percent to end the calendar year up 2.7 percent, the state Gaming Control Board reported Wednesday.
President Donald Trump and casino mogul Steve Wynn have been bitter competitors who have bad-mouthed each other, sued each other and poached each other’s top employees in a decades-long faceoff as they jostled to be top dog in the high-stakes casino-friendly Atlantic City.
When state gaming regulators pursue an investigation into the sexual misconduct allegations Steve Wynn is accused of, they would need to determine that his actions represented a detriment to gaming and hurt the reputation of the state in order to discipline him.
Billionaire James Packer’s casino company said it closed the sale of its former Alon project site to Wynn Resorts.
The China arm of Steve Wynn’s casino empire said Tuesday it will comply with Macau regulators as they seek more information about sexual misconduct allegations against the Las Vegas billionaire.
