Steve Wynn has notified Wynn Resorts that he plans to sell his shares, potentially pre-empting a decision by regulators in Massachusetts and Nevada to force him to do so.
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Steve Wynn, who settled with two former female employees who accused him of sexual misconduct, skipped his own company’s mandatory sexual harassment awareness training, court testimony shows.
It never occurred to Wynn Resorts CEO Matt Maddox that what he thought was a prank telephone call in 2002 would ultimately lead to a possible appearances before regulators to answer questions about his boss and mentor, Steve Wynn.
Newly appointed Wynn Resorts CEO Matt Maddox told hundreds of Wynn Las Vegas employees Monday the company will continue efforts to build its Paradise Park and Wynn West projects on the Strip as well as complete Wynn Boston Harbor in Massachusetts and build more hotel rooms in Macau.
Women who claimed they were victims of Steve Wynn’s alleged sexual harassment and improprieties two decades ago said Wednesday they felt vindication after hearing news of the casino developer’s resignation.
What’s next for Steve Wynn? Review-Journal reporters Rick Velotta and John Katsilometes go over the new developments on the Steve Wynn and what is next for the company.
With deals, acquisitions, buyouts and the dramatic launch of new resorts, Steve Wynn has left an oversized impression on the gaming industry in Las Vegas, the U.S. and as far away as Macau.
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.
Steve Wynn stepped down Saturday as Republican National Committee finance chairman amid allegations of sexual misconduct. “The work we are doing to make America a better place is too important to be impaired by this distraction,” Wynn said in a statement.
A national organization has called for Wynn Resorts Chairman and CEO Steve Wynn to be removed from the company and Massachusetts gaming regulators said they would investigate allegations that he demanded sex from and assaulted several of his resort employees over three decades.
