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Steve Wynn’s Tarnished Name and Now a Tainted Brand

Steve Wynn is the name and face of Wynn Resorts. In TV ads for his Las Vegas properties, he hobnobbed with the likes of Frank Sinatra and Dean Martin in the 1980s. During a Super Bowl commercial for a Wynn-branded hotel in 2005, he stood on its rooftop and declared the hotel “the only one I’ve ever signed my name to.”

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5/22/2018

press release Wynn Resorts Issues 2017 Global Sustainability Report
(Las Vegas) -- Wynn Resorts today issued its 2017 Global Sustainability Report, providing a comprehensive view of the Company’s commitment to responsible business...

5/18/2018

article Full steam ahead for Wynn Resorts as Maddox confirms global expansion ambitions
(Macau) -- Wynn Resorts Ltd CEO Matt Maddox says the company is ready to put the events of recent months behind and continue with its aggressive international and...

5/17/2018

article Wynn Resorts Launches Women's Leadership Forum Series with Inaugural Event at Wynn Las Vegas
(Las Vegas) -- Wynn Resorts (NASDAQ: WYNN) hosted its first Women's Leadership Forum on Monday, May 14, featuring a panel discussion with the four female members of...

5/16/2018

article Comptroller sues casino operator execs, board
(New York) -- New York State Comptroller Thomas DiNapoli in his role as trustee of the New York State Common Retirement Fund is suing some Wynn Resorts executives and...
article Reshuffle of Wynn Macau’s parent healthy: Zeman
(Macau) -- The reshaping of Wynn Resorts Ltd’s board since its founder Steve Wynn’s exit amid allegations of sexual misconduct has been “healthy...
article Shakeup On Wynn Resorts Board Of Directors
(Las Vegas) -- The proxy battle that has been raging around Wynn Resorts (WYNN) for weeks now has finally drawn to a conclusion, and the winner of the battle would...
article Wynn Resorts points to changes after founder's resignation
(Las Vegas) -- The board of directors and CEO of Wynn Resorts on Wednesday sought to show shareholders they are working to strengthen the casino operator's corporate...

5/15/2018

article Women on Wynn Resorts board host panel on diversity, equality
(Las Vegas) -- Wynn Resorts Ltd.’s recent addition of three women to its board of directors is only the beginning of the company’s cultural diversity...
article Wynn Resorts female directors address policies after scandal
(Las Vegas) -- The four female directors of casino operator Wynn Resorts said at a forum Monday they are committed to helping the company move onto a new chapter...
article Two Wynn Resorts board members resign ahead of annual meeting
(Las Vegas) -- Wynn Resorts legacy directors have gotten the message: They are not wanted. John Hagenbuch announced Monday he won’t run for re-election at...

5/11/2018

article Don't underestimate Elaine Wynn: Jim Stewart
(New York) -- CNBC contributor and N.Y. Times Columnist Jim Stewart discusses his interview with Elaine Wynn who is the largest shareholder in Wynn Resorts after her ex-...
article With Steve Wynn Gone, ‘Queen of Las Vegas’ Does Boardroom Battle
(Las Vegas) -- Elaine Wynn, known as the Queen of Las Vegas for her long involvement with Mirage and Wynn Resorts, the casino and resort companies she founded with her...
article Wynn shares hit highest closing price since 2014
(Las Vegas) -- Investors who bought Wynn Resorts shares after founder and former chairman Steve Wynn resigned in Feburary are reaping rewards. Wynn stock rose $2.30 on...

5/10/2018

article Elaine Wynn, board at odds over response to sex misconduct allegations
(Las Vegas) -- As Elaine Wynn ramps up a proxy fight to oust a longtime Wynn Resorts board member, her past tenure on the board is raising questions. Wynn, who divorced...
article Wynn Resorts Is Coming Up With New Ways to Distance Itself From Former CEO
(Las Vegas) -- Among the new polices that Wynn Resorts Ltd. has adopted since the departure of Chief Executive Officer Steve Wynn in February: Management and the board...

5/8/2018

article Steve Wynn has no more involvement in Everett casino, regulators say
(Massachusetts) -- Steve Wynn, the fallen founder of casino giant Wynn Resorts, no longer has anything to do with the Massachusetts gaming house that was once destined...
article Hagar: 'No escaping' Nevada gaming investigation for Steve Wynn, experts say
(Las Vegas) -- Former Las Vegas gaming mogul Steve Wynn is facing the 'no-escape clause' of Nevada gaming law, two gaming experts said on Nevada Newsmakers.
article OP/ED: Why Shareholders Should Listen To Elaine Wynn
(Las Vegas) -- When a company is looking for leadership in a time of crisis, consider listening to the person who has the most at stake. At Wynn Resorts (Wynn) that...

5/7/2018

article Wynn Resorts in Massachusetts allowed to drop 'Wynn' from license
(Massachusetts) -- Massachusetts’ gambling regulator on Monday said it allowed Wynn Resorts Ltd to remove founder Steve Wynn’s name from its license for a...
article Wynn Executives Can't Talk to Ex-CEO Without Telling Lawyer
(Las Vegas) -- Among the new polices that Wynn Resorts Ltd. has adopted since the departure of Chief Executive Officer Steve Wynn in February: Management and the board...

5/6/2018

article Mass. Superior Court to Provide Transparency on Wynn Case
(Massachusetts) -- Judge Mitchell Kaplan of the Suffolk County Superior Court was expected to decide in April on whether the case involving the FBT Everett Realty LLC...

5/4/2018

article Wynn Resorts Ltd (WYNN) Comments on Glass Lewis Report Related to Election of Directors
(Las Vegas) -- Wynn Resorts (NASDAQ: WYNN) ("Wynn") today issued the following statement in response to a report issued by Glass Lewis & Co. ("Glass...
article Wynn Resorts Urges Shareholders To Vote For All Three Of Its Directors
(Las Vegas) -- Wynn Resorts ( WYNN ) urged its shareholders to vote 'FOR' all three of its directors on the WHITE card. The company said it was disappointed that...

5/3/2018

article Wynn Resorts asks shareholders to back board member Elaine Wynn wants out
(Las Vegas) -- Wynn Resorts Ltd. called on shareholders Wednesday to re-elect John Jay Hagenbuch to the board as it battles an attempt by Elaine Wynn to push him out....
article Wynn Resorts would sell Boston Harbor casino project so actions would not be 'scrutinized,' Elaine Wynn claims
(Massachusetts) -- Elaine Wynn has issued a public warning to a member of the Wynn Resorts board who she wants out. Wynn, ex-wife of Steve Wynn, with whom she founded...

5/2/2018

article Elaine Wynn Says Complaint Additionally Seeks To Temporarily Stay Wynn Resorts' 2018 Annual Meeting Of Shareholders
(Las Vegas) -- Elaine P. Wynn, co-founder and largest shareholder of Wynn Resorts, says she filed a complaint against Wynn Resorts in Nevada State Court. SEC filings...

4/30/2018

article OP/ED: Wynn Resorts’ attempted touch-up doesn’t hide complicit enablers
(Massachusetts) -- The folks at Wynn Resorts are betting on Massachusetts gaming regulators to overlook what has been called a famous porcine proverb. You can put...
article Steve Wynn Files Defamation Lawsuit Against Former Salon Director, Makes Early Exit from Wynn Las Vegas Villa
(Las Vegas) -- Steve Wynn remains on the offensive in defending his character against numerous allegations of sexual misconduct. In a lawsuit filed Thursday in Clark...
article Wynn Las Vegas Receives Seven Exemplary Distinctions By The Southern Nevada Hotel Concierge Association
(Las Vegas) -- Wynn and Encore Las Vegas were honored at the 2018 Southern Nevada Hotel Concierge Association's (SNHCA) Top Honors Awards, taking home more awards...

4/29/2018

article Wynn left his Villa as company cuts the ties with the founder
(Las Vegas) -- As the company founded by Steve Wynn is seeking to show Massachusetts regulators that complete ties between the company and Wynn is cut, Wynn has moved...

4/27/2018

article Maddox walks a tightrope
(Massachusetts) -- Wynn Resorts CEO Matt Maddox walked a tightrope on Friday before the Massachusetts Gaming Commission, telling the commissioners that the Wynn brand...

4/25/2018

article Steve Wynn’s litigation drags Wynn Resorts to Q1 2018 loss
(Las Vegas) -- Las Vegas-based casino operator Wynn Resorts Ltd. revenue swings into a loss in the first quarter of 2018 as it reels from Steve Wynn’s litigation...
article Wynn CEO: I'm ready to talk about the future with Elaine Wynn, our largest shareholder and co-founder
(Las Vegas) -- New Wynn Resorts CEO Matt Maddox said Wednesday he's ready to talk business with Elaine Wynn, the company's largest shareholder and ex-wife of...
article Wynn CEO: The first thing I had to do was 'reduce the noise'
(Las Vegas) -- Matt Maddox, Wynn Resorts CEO, talks about the company's mixed quarter and his vision for the company following a turbulent start to the year after...
article Wynn Declines After New CEO Scales Back Predecessor's Projects
(Las Vegas) -- Wynn Resorts Ltd. suffered the worst stock decline in almost three months after its new chief executive officer said he’s pulling back on some of...
article Wynn Resorts' New CEO Scales Back His Predecessors' Projects
(Las Vegas) -- Wynn Resorts Ltd.’s new chief executive officer said he’s pulling back on some of the projects begun by founder and predecessor Steve Wynn,...

4/24/2018

article Wynn CEO touts growth, calls ambitious Las Vegas plans ‘unsustainable’
(Las Vegas) -- Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly...
article Wynn Resorts’ Next Battle: Friends of Steve Who Remain on Board
(Las Vegas) -- Steve Wynn may be gone from the casino company that bears his name, but he still has friends in high places, including the chairman of the board. D. Boone...
article Wynn Resorts posts 1Q loss on legal settlement charge
(Las Vegas) -- Wynn Resorts reported a first-quarter loss on Tuesday, its bottom line weighed by a nearly $465 million charge link to a legal settlement.

4/23/2018

article Elaine Wynn Launches Campaign to Remove Director From Casino’s Board
(Las Vegas) -- Wynn Resorts Ltd.’s largest shareholder is starting a campaign to remove one of three board directors investigating sexual-misconduct allegations...

4/21/2018

article Lawsuit dropped between Elaine Wynn and ex's former company
(Las Vegas) -- A six-year boardroom battle ended Monday with a settlement involving the Las Vegas company founded by embattled former casino mogul Steve Wynn and his ex-...

4/20/2018

article Macau | No operational changes after Galaxy’s share acquisition - Wynn Macau
(Macau) -- The operation of Wynn Macau Limited remains unchanged despite the involvement of another gaming operator, Galaxy Entertainment Group (GEG), according to the...
article Macau | Wynn Macau vows to help local SMEs to grow beyond the city
(Macau) -- On Friday, local gaming operator Wynn Macau Limited has rolled out new policies to help local Small and Medium-sized Enterprises (SMEs) to enhance their...
article Plenty of likely suitors for Wynn Macau Ltd: Telsey
(Macau) -- The market does not know “how many” U.S. gaming companies might be welcome in Macau beyond the year 2022, when the final four of the city’s...
article Wynn Resorts Chairman Rejects Elaine Wynn’s Board Reshuffle Proposal
(Las Vegas) -- Even though the former Chief Executive Officer of Wynn Resorts is no longer part of the staff, the aftermath of the alleged sexual misconduct scandal from...

4/19/2018

article Wynn Macau seeks nod for share repurchase scheme
(Macau) -- Macau casino operator Wynn Macau Ltd is to ask investors for a mandate to repurchase up to 10 percent of the total number of issued shares in the firm.
article Elaine Wynn demands sweeping top-level change at US casino giant Wynn Resorts as scandal-hit ex-husband retreats from firm
(Las Vegas) -- US casino giant Wynn Resorts is facing a top-level shake-up after the ex-wife of its scandal-hit former chief executive Steve Wynn demanded sweeping...
article Wynn Adds Three Women to Board in Post-Scandal Shake-Up
(Las Vegas) -- Wynn Resorts Ltd., the casino operator coping with a sexual-harassment scandal tied to its former chief executive officer, named three new board members...

4/18/2018

article Male manicurist at Wynn Las Vegas sues over gender bias
(Las Vegas) -- A former male manicurist at Wynn Las Vegas has filed a lawsuit against the Strip resort alleging gender discrimination, a court document shows.
article Elaine Wynn Seeks New Board Members After $25 Million Settlement
(Las Vegas) -- Elaine Wynn is looking to reconstitute the board of Wynn Resorts Ltd., the casino company she co-founded, after a sex-harassment scandal toppled her ex-...

4/17/2018

article Lawsuit dropped between Elaine Wynn and ex’s former company
(Las Vegas) -- A six-year boardroom battle ended Monday with a settlement involving the Las Vegas company founded by embattled former casino mogul Steve Wynn and his ex-...

4/15/2018

article Wynn Boston sell off could aid Macau chances: Nomura
(Macau) -- Were casino firm Wynn Resorts Ltd to dispose of its under-construction Boston Harbor project in Massachusetts the United States, it could improve the chances...
article If Wynn Resorts Is for Sale, Who Would Buy It?
(Las Vegas) -- The future of Wynn Resorts could be in doubt as The New York Post reported MGM Resorts may be interested in buying its rival. Although MGM CEO Jim Murren...

4/12/2018

article Gaming commission to host public meeting on Wynn
(Massachusetts) -- Acknowledging it as an unusual step, the Massachusetts Gaming Commission agreed Thursday to publicly consider the request of Wynn Resorts to remove...
article Mass. board to consider removing Steve Wynn from gaming license
(Massachusetts) -- The Massachusetts Gaming Commission will conduct a public hearing, probably in three weeks, to hear Steve Wynn’s request to be removed as a...
article Massachusetts Gaming Commission looking into whether Steve Wynn still has 'residual influence' on Wynn Resorts
(Massachusetts) -- Massachusetts gambling regulators plan to hold a hearing on the requests from Steve Wynn and his former companies to formally remove the casino mogul...
article Push to remove Wynn from casino license could take weeks
(Massachusetts) -- Casino giant Wynn Resorts will have to wait at least a few more weeks to scrub its founder and former chief executive, Steve Wynn, from its...
article Steve Wynn Wants His Name Cut From Massachusetts Casino License
(Massachusetts) -- Attorneys for Steve Wynn and his former company, Wynn Resorts Ltd., asked that his name be removed from the company’s casino license in...

4/11/2018

article Wynn Resorts May Sell Under-Construction Boston-Area Casino
(Massachusetts) -- Wynn Resorts (WYNN) new CEO Matt Maddox has had informal talks about selling an under-construction Massachusetts casino, reported Bloomberg. Wynn...
article Wynn Resorts Limited artwork to remain in Macau casinos
(Macau) -- In Macau, casino operator Wynn Resorts Limited has reportedly confirmed that its former Chief Executive Officer, Steve Wynn, does not have any ownership in...
article Wynn presents MGM with Vegas-like temptations
(Las Vegas) -- MGM Resorts must be feeling some Las Vegas-like temptations as its cross-strip casino-operating rival Wynn Resorts grapples with its future. The Bellagio...

4/10/2018

article Lawyers seek to remove Steve Wynn as 'qualifier' for Everett casino
(Massachusetts) -- Attorneys for both Steve Wynn and Wynn Resorts have asked the Massachusetts Gaming Commission to remove the former casino CEO as a "qualifier,...
article Massachusetts Gaming Commission asked by attorneys to remove Steve Wynn as 'qualifier'
(Massachusetts) -- Attorneys representing Steve Wynn and his former companies are asking the Massachusetts Gaming Commission to remove the casino mogul as a "...

4/9/2018

article Wynn Resorts Announces Executive Leadership Appointment To Head Culture And Community Department
(Las Vegas) -- Wynn Resorts announces Corrine Clement as Vice President of the company's new Culture and Community Department, which supports diversity and inclusion...

4/8/2018

article Wynn Resorts board of directors highest-paid on Las Vegas Strip
(Las Vegas) -- It pays well to be a Wynn Resorts board director. The casino operator’s directors receive $310,000 annually, including $250,000 in the form of...

4/7/2018

article Disruptions, Doubts throughout Wynn Resorts in Wake of More Wynn Allegations
(Nevada) -- The Nevada Gaming Control Board has issued a warning to gambling operators that it would be enforcing stricter laws about work-related sexual harassment in...

4/5/2018

article Settlement with Wynn Resorts a win-win: Universal
(Japan) -- The decision of U.S.-based casino operator Wynn Resorts Ltd to reach a compensation settlement with Japanese gaming conglomerate Universal Entertainment Corp...
article Steve Wynn Says He Could Not Have Leered at Vegas Showgirl Because He’s Legally Blind
(Las Vegas) -- Steve Wynn is going after attorney Lisa Bloom for alleging that he used to uncomfortably stare at her client and ordered her to strip out of her clothes,...

3/29/2018

article 'Wynn' may be dropped from name of Everett casino resort
(Massachusetts) -- Executives at the massive Wynn Resorts casino in Everett are "absolutely" considering renaming the property, casino president Robert...
article Executives ‘absolutely’ considering renaming Wynn casino
(Massachusetts) -- The towering gambling resort rising over Everett will probably not carry Steve Wynn’s tarnished name, with casino executives saying they are...
article Gambling Regulators to Complete Wynn Investigation by Summer
(Massachusetts) -- State gambling investigators in Massachusetts are expecting to release the findings of their inquiry into allegations of sexual misconduct against...
article Gaming commission says Wynn Resorts builds casino on ‘at-risk basis’
(Massachusetts) -- The Massachusetts Gaming Commission’s agenda for Thursday’s meeting at first looked pretty typical: a construction update by one of the...
article Wynn Boston President: Removing Steve Wynn’s name under ‘active consideration’
(Massachusetts) -- The president of Wynn Boston told 7News Thursday that removing former chairman and CEO of Wynn Resorts Steve Wynn’s name is under “active...
article Will New Wynn Allegations Assure Changes In Gaming?
(Las Vegas) -- More light is being shined on how Wynn Resorts' executives allegedly handled sexual harassment complaints against Steve Wynn over the years. The Wall...

3/28/2018

article Former Mirage spa worker claims Steve Wynn sexually assaulted her in locker room: report
(Las Vegas) -- A former Mirage employee claims embattled casino mogul Steve Wynn sexually assaulted her at the spa during the 1990s, according to a report Tuesday....
article Hearing brings up settlement involving ex-Wynn employee
(Las Vegas) -- Attorneys for Steve Wynn's ex-wife played a deposition recording during a hearing in Las Vegas on Tuesday in which the embattled casino mogul...
article Lawyers for Wynn Resorts, Steve Wynn want venue change for trial
(Las Vegas) -- Lawyers for Wynn Resorts Ltd. and Steve Wynn are seeking to move their trial with Elaine Wynn to another city amid concern the jury pool will be ”...
article Allegations of unauthorized gambling surface in Wynn hearing
(Las Vegas) -- Wynn Resorts fired two top executives in 2013 for unauthorized gambling, lawyers said Tuesday during a court hearing. Former Executive Vice President for...
article City Pension Funds Join Wynn Resorts Sexual Harassment Derivative Suit
(New York) -- New York City’s five public pension funds have joined a lawsuit spearheaded in February by the state comptroller’s office against Wynn Resorts...
article Steve Wynn Managers Allegedly Dismissed Sexual Harassment Complaints, Told Workers to ‘Keep it Shut’
(Las Vegas) -- Supervisors and managers working for Steve Wynn allegedly looked the other way and dismissed claims of sexual misconduct made by employees against the Las...
article Wynn Resorts Investigation Initiated by Former Louisiana AG
(Louisiana) -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces...
article Allegations of unauthorized gambling surface in Wynn hearing
(Las Vegas) -- Wynn Resorts fired two top executives in 2013 for unauthorized gambling, lawyers said Tuesday during a court hearing. Former Executive Vice President for...
article Elaine Wynn Says She Reported a Rape Allegation to the Casino Empire's Lawyer
(Las Vegas) -- Elaine Wynn, the ex-wife of embattled casino mogul Steve Wynn, said during a court hearing Wednesday that she told the company’s general counsel in...
article Galaxy Entertainment to be 'passive investor' in Wynn Resorts
(Macau) -- Macau casino operator Galaxy Entertainment Group has bought into Las Vegas-based Wynn Resorts as "a passive investor," according to Deputy Chairman...

3/27/2018

article Allegations of illegal gambling surface in Wynn hearing
(Las Vegas) -- Wynn Resorts fired two top executives in 2013 for unauthorized gambling, lawyers said Tuesday during a court hearing. Former Executive Vice President for...
article Casino Managers Enabled Steve Wynn’s Alleged Misconduct for Decades, Workers Say
(Las Vegas) -- Angela Saxton was a young spa attendant at a casino run by Steve Wynn in the 1990s when, she said, the mogul sexually assaulted her. One day later, the...
article Steve Wynn deposition played in court hearing
(Las Vegas) -- The Latest on a court hearing in a civil case involving Las Vegas-based Wynn Resorts and its founders (all times local): 6 p.m. Attorneys for Steve Wynn...
article Wynn Resorts hearing may include alleged misconduct evidence
(Las Vegas) -- Lawyers for the casino mogul’s ex-wife say they have evidence of Steve Wynn’s pattern of reckless behavior and mismanagement of Las Vegas-...

3/26/2018

article Wynn Resorts hearing may include alleged sexual misconduct
(Las Vegas) -- Lawyers will present evidence they say shows disgraced casino mogul Steve Wynn's pattern of reckless behavior and mismanagement of Wynn Resorts during...
article Macau regulator clarifies Galaxy’s Wynn share buy legal
(Macau) -- The head of Macau’s gaming regulator has spelled out that the recent acquisition of shares in U.S.-based casino operator Wynn Resorts Ltd, by Macau...
article Nevada Regulator to Scrutinize Galaxy Entertainment Over $1 Billion Wynn Resorts Deal
(Nevada) -- Galaxy Entertainment, which last week bought a 4.9 percent stake in Wynn Resorts for just under $1 billion, will be the subject of a suitability probe by the...
article NGCB to examine Galaxy's purchase of Wynn Resorts' shares
(Macau) -- Wynn Resorts’ announcement late last week that Galaxy, a competing casino operator in Macau, had acquired 5.3 million shares of the Las Vegas-based...

3/24/2018

article Galaxy’s shares in Wynn Resorts may expand resort’s future in Macau
(Macau) -- Wynn Resort’s nearly $1 billion share sale to a powerful Chinese gaming operator will stave off potential unsolicited suitors while giving the Las Vegas...

3/23/2018

article Nevada Regulator to Examine Galaxy After Deal for Wynn Shares
(Nevada) -- The Nevada Gaming Control Board will look into Galaxy Entertainment Group after the Hong Kong-based casino company’s purchase of a stake in Wynn...
article Galaxy Entertainment Group buys in to Wynn Resorts
(Macau) -- Asia focussed integrated resorts developer Galaxy Entertainment Group has announced the completion of a deal to purchase 5.3 million shares in Wynn Resorts...
article Macau, Las Vegas gambling behemoths announce tie-up in billion-dollar deal
(Macau) -- Galaxy Entertainment Group Ltd agreed to buy a stake in Wynn Resorts Ltd, in a surprise move linking two of the biggest operators in Macau and Las Vegas that...
article Steve Wynn Cashes Out, Wynn Resorts Climbs
(Las Vegas) -- Steve Wynn, co-founder and former CEO of his namesake Wynn Resorts (WYNN), has officially cashed out. The casino company said Wynn sold his 12% stake on...
article Steve Wynn sells 3 million shares of casino company to T. Rowe Price funds
(Las Vegas) -- Steve Wynn, the casino mogul who stepped down from the helm of Wynn Resorts Ltd. last month amid sexual misconduct claims, is selling more than 3 million...
article Steve Wynn sells stake in company he founded, Macau casino Galaxy buys in
(Macau) -- Steve Wynn, the former chief executive of Wynn Resorts Ltd, has disposed his entire 11.8 percent stake in the firm for $2.1 billion in a dramatic exit of the...
article Mass. Gaming Commission weighs a high-stakes issue
(Massachusetts) -- Steve Wynn is out. But is that enough? That’s the hard question the Massachusetts Gaming Commission will need to answer as it weighs the fate of...
article Wynn's Pain Is Rivals' Gain With Macau Facing a Shakeup
(Macau) -- Could there be a future where the only American big gun in Macau is Sheldon Adelson? That might not be so far-fetched. Steve Wynn, battling allegations of...

3/22/2018

article Steve Wynn Agrees to Sell Entire Stake in His Casino Company
(Las Vegas) -- Steve Wynn, the former chief executive of Wynn Resorts, has agreed to sell all of his remaining eight million shares in the firm, in a swift exit of the...
article Steve Wynn cuts stake in Wynn Resorts, becomes No. 3 holder
(Las Vegas) -- Steve Wynn, the former chief executive of Wynn Resorts Ltd (WYNN.O), has lowered his stake in the casino operator to about 7.8 percent from 11.78 percent...
article Steve Wynn Sells Roughly Third of His Stake in Company He Co-Founded
(Las Vegas) -- Steve Wynn sold just over a third of his shares in Wynn Resorts Ltd. WYNN -1.91% , making his ex-wife, co-founder Elaine Wynn, the company’s new...
article Takeover looms for Wynn Resorts as Steve Wynn starts selling shares
(Las Vegas) -- The inevitable has happened: Steve Wynn has decided to sell his stake in Wynn Resorts, the Las Vegas casino resorts company that he founded. On Thursday,...

3/21/2018

article Court files show Steve Wynn settled with second woman over sexual misconduct allegations
(Las Vegas) -- Embattled casino mogul Steve Wynn brokered a settlement more than a decade ago with a second woman who accused him of sexual misconduct and recently...
article Steve Wynn looks to sell shares in former company
(Las Vegas) -- Former Wynn Resorts CEO Steve Wynn plans to potentially sell all his stock in the casino-operator, a month after he resigned over sexual assault and...
article What Could Happen to Wynn Resorts After Steve Wynn Cashes Out
(Las Vegas) -- Steve Wynn plans to sell up to his entire $2.2 billion stake in the casino company he founded, a week after settling an acrimonious court fight with his...
article Wynn Resorts Should Roll the Dice on a Deal
(Las Vegas) -- Wynn Resorts Ltd.'s new CEO Matt Maddox has said it would be a mistake to sell or break up the casino operator at a time when the focus is on the scandals...
article Wynn Spending $264M+ On 'Mystic Mile' Improvements
(Massachusetts) -- Wynn Resorts is spending more than $264 million to fund improvements in Medford, Revere, Everett, Boston and Chelsea ahead of the opening of its $2...
article Wynn readies share sale
(Wall Street) -- Toppled casino icon Steve Wynn is looking to sell part — or all — of his stake in his gaming company, though state gaming regulators say the...

3/20/2018

article Steve Wynn skipped own company’s sexual harassment training
(Las Vegas) -- Steve Wynn, who settled with two former female employees who accused him of sexual misconduct, skipped his own company’s mandatory sexual harassment...

3/19/2018

article Steve Wynn’s Attorney Reported Alleged Sexual Misconduct Victim To FBI
(Las Vegas) -- A lawyer for Steve Wynn said he recently reported a woman to the Federal Bureau of Investigation after she threatened to go public about the casino mogul...

3/17/2018

article New Mexico Educational Retirement Board Increases Stake in Wynn Resorts, Limited (WYNN)
(New Mexico) -- New Mexico Educational Retirement Board raised its position in shares of Wynn Resorts, Limited (NASDAQ:WYNN) by 4.1% in the 4th quarter, according to the...
article Wynn Resorts (WYNN) Getting Somewhat Negative Press Coverage, Analysis Shows
(Wall Street) -- Headlines about Wynn Resorts (NASDAQ:WYNN) have trended somewhat negative this week, according to Accern. Accern ranks the sentiment of news coverage by...

3/16/2018

article AUDIO: John L. Smith On Wynn Resorts Settlement With Okada
(Las Vegas) -- Japanese billionaire Kazuo Okada has had a rough time of it lately. He was kicked off the board of his own Tokyo-based company. He was kicked off the...
article Casino mogul Steve Wynn may sell his stake in Wynn Resorts
(Las Vegas) -- Wynn Resorts Ltd`s former chief executive, Steve Wynn, may elect to sell all or a portion of his stake in the company, according to a regulatory filing...
article Legal truce a Wynn-Wynn solution for casino empire
(Texas) -- What could be better than a Wynn-Wynn solution? Stephen Wynn says he may sell his stake in the casino empire he co-founded after settling a dispute with his...
article Wynn Bondholders Poised to Benefit From Turmoil
(Las Vegas) -- An obscure clause in a bond document is adding to Wynn Resorts Ltd.’s WYNN -0.47% recent headaches. Wynn Resorts acquiesced to bondholder demands on...
article Wynn Resorts ex-CEO Steve Wynn may sell all or part of large stake in casino operator
(Las Vegas) -- Wynn Resorts Ltd. (NASDAQ:WYNN) said former CEO Steve Wynn may sell all or part of his large stake in the casino operator.
article Board Members Resign As Suits Against Wynn Resorts Pile Up
(Las Vegas) -- Two members of the Wynn Resorts board resigned hours after the state of Oregon became the latest plaintiff to sue Las Vegas gambling mogul Steve Wynn and...

3/15/2018

article Steve and Elaine Wynn Settle Fight Over Control of Company Shares
(Las Vegas) -- Steve and Elaine Wynn got divorced years ago, but their fight over a $4 billion stock fortune ended only this week. Wynn Resorts Ltd. said in a filing...
article Steve Wynn May Sell His Stake in Wynn Resorts, Potentially Setting Off a Scramble
(Wall Street) -- Steve Wynn may seek to sell his shares in Wynn Resorts Ltd. WYNN 0.53% now that he and ex-wife Elaine Wynn have scrapped an agreement preventing them...

3/11/2018

article New Wynn Resorts CEO: I had no prior knowledge of sexual misconduct complaints against Steve Wynn
(Las Vegas) -- Matt Maddox, new CEO of Wynn Resorts, told CNBC on Friday he never heard about any alleged sexual misconduct by Steve Wynn before the complaints surfaced...

3/10/2018

article Real Losers in Epic Casino Battle Were Wynn Shareholders
(Wall Street) -- The battle between two gambling titans ended with both men in the twilights of their careers defeated and ousted by the companies they built.
article Wynn Resorts Limited board member resigns amid slew of lawsuits
(Las Vegas) -- American casino operator Wynn Resorts Limited has reportedly announced that one of its board members resigned earlier this week with a second subsequently...
article Okada blindsided by Wynn settlement, lawyers say
(Japan) -- Lawyers for Kazuo Okada on Friday said the Japanese businessman was blindsided by the $2.4 billion settlement reached a day earlier between Wynn Resorts and...

3/9/2018

article $2.4B settlement ends six-year Wynn Resorts-Universal dispute
(Worldwide) -- U.S. casino operator Wynn Resorts Ltd. and Japan-listed gambling operator Universal Entertainment Corp. have agreed to let bygones be bygones—to the...
article Wynn Resorts may use $800M loan to pay $2.4B settlement
(Las Vegas) -- Wynn Resorts says it may draw from a bank loan of up to $800 million to help pay for a $2.4 billion settlement with a Tokyo company. The Las Vegas-based...
article Wynn Resorts settles lawsuit for $2.4 billion with Tokyo company
(Las Vegas) -- Wynn Resorts has agreed to pay $2.4 billion in a settlement with a Tokyo casino game maker and its United States unit over the forced redemption of their...
article Experts question casinos' plan to prevent sexual harassment
(Las Vegas) -- In the wake of the sexual misconduct scandal surrounding Las Vegas casino titan Steve Wynn, Nevada gambling regulators are developing regulations on...

3/8/2018

article Wynn Resorts to Pay $2.6 Billion in Settlement That Removes a Barrier to Steve Wynn Stake Sale
(Wall Street) -- Steve Wynn resigned last month as the chairman and chief executive of the casino company that bears his name. On Thursday Wynn Resorts Ltd. took a step...

3/7/2018

article Directors departing Wynn Resorts' board as lawsuits pile up
(Las Vegas) -- Las Vegas-based Wynn Resorts on Wednesday announced the departure of two members of its board of directors as lawsuits against its members and the company...
article Manicurist accuses Steve Wynn of sexual misconduct suit
(Las Vegas) -- A woman who says she regularly performed manicures on embattled casino mogul Steve Wynn on Tuesday filed a lawsuit accusing him of sexual misconduct and...
article Oregon sues casino mogul Steve Wynn after sex allegations
(Oregon) -- The state of Oregon has sued Nevada gambling mogul Steve Wynn and the board of directors of Wynn Resorts Ltd. for allegedly failing to act in the best...

3/5/2018

article Steve Wynn Cannot Sell Shares in Wynn Resorts, Says Nevada Judge
(Las Vegas) -- Steve Wynn may not be able sell off his stock in Wynn Resorts even if regulators demand he must to safeguard the casino group’s gambling licenses.

3/4/2018

article N.Y.S. Lawsuit Against Wynn Resorts Paints Gruesome Picture of Wynn as Predator/Opportunist & Board Complicit
(New York) -- In the lawsuit filed by the New York State Common Retirement Fund filed against the Board of Directors of Wynn Resorts Ltd., the complaint paints a nasty...

3/3/2018

article Judge dismisses Steve Wynn motion to end shareholder agreement
(Las Vegas) -- A Nevada court judge denied Steve Wynn’s motion Friday to terminate an eight-year-old shareholder agreement with his ex-wife Elaine that would have...

3/2/2018

article Steve Wynn, Elaine Denied Court Approval to Sell Shares
(Las Vegas) -- Steve Wynn can’t drop a court fight with his ex-wife Elaine that’s blocking both of them from selling their shares in Wynn Resorts Ltd., a...
article Steve and Elaine Wynn May Not Be Able to Sell Casino Shares
(Las Vegas) -- Steve Wynn can’t drop a court fight with his ex-wife Elaine that’s blocking both of them from selling their shares in Wynn Resorts Ltd., a...

3/1/2018

article 2nd masseuse sues Wynn and board, alleging casino mogul forced her to perform sex acts starting in 2006
(Las Vegas) -- A second masseuse has filed a lawsuit against Steve Wynn and the board of the casino company he founded, alleging Wynn pressured her to perform sex acts...
article Two Massage Therapists Say Steve Wynn Coerced Them Into Sex Acts While Working at His Resorts
(Las Vegas) -- Two massage therapists have claimed in new lawsuits that casino mogul Steve Wynn used his power to coerce them into sexual acts, making them the latest...

2/28/2018

article Woman claims Steve Wynn raped her in Chicago apartment
(Las Vegas) -- A woman told police she had a child with casino mogul Steve Wynn after he raped her, while another reported she was forced to resign from a Las Vegas job...
article Baker: Changing name of Wynn casino should be considered
(Massachusetts) -- Massachusetts’ governor says a name change for an under-construction casino outside Boston should be considered in light of sexual misconduct...
article Stripping Wynn's name from Massachusetts casino should be 'on the table,' Gov. Charlie Baker says
(Massachusetts) -- As the Massachusetts Gaming Commission continues its investigation into the suitability of Wynn Resorts keeping its eastern casino license, Gov....

2/27/2018

article New York comptroller sues Wynn Resorts over handling of allegations
(New York) -- Gambling company Wynn Resorts Ltd. is the target of a new lawsuit filed by New York Comptroller Thomas DiNapoli. The complaint stems from the Las Vegas...
article Woman alleges she was raped, had Steve Wynn’s baby in 1970s
(Las Vegas) -- A Chicago woman told Las Vegas police she had Steve Wynn’s child in a gas station bathroom after he allegedly raped her several times in the 1970s,...
article OP/ED: The Coming Casino Glut In The Northeast U.S. - And Oh Yes, Wynn
(Massachusetts) -- Several years back, political leaders in Massachusetts and New York realized they had been missing out on potentially large gambling tax revenues. So...

2/26/2018

article DiNapoli sues Wynn Resorts board over sexual harassment case
(New York) -- New York’s retirement fund owns more than $30 million in the Las Vegas-based Wynn Resorts company and now Comptroller Tom DiNapoli has gone to court...
article New York Comptroller Says Wynn Board Was Complicit in Abuse
(New York) -- The New York state comptroller accused the board of Wynn Resorts Ltd. of doing nothing to stop the alleged sexual misconduct of Steve Wynn, who abruptly...

2/25/2018

article RADIO: Should license at Wynn casino be revoked?
(Massachusetts) -- A Massachusetts congressman weighs in on the controversy surrounding a new casino in the Boston area.

2/23/2018

article Wynn Resorts Asks Bondholders to Shield It as Founders Fight
(Las Vegas) -- Casino mogul Steve Wynn and his ex-wife have given fresh meaning to the concept of marital bonds. Wynn Resorts Ltd. wants to change terms on some of its...

2/22/2018

article Gaming commission says Wynn campaign donation was legal
(Massachusetts) -- Investigators for the Massachusetts Gaming Commission have concluded that Wynn Resorts did not break any laws in 2014 when it donated $2 million to a...

2/21/2018

article Pomerantz Law Firm Announces the Filing of a Class Action against Wynn Resorts Limited and Certain Officers WYNN
(Las Vegas) -- Pomerantz LLP announces that a class action lawsuit has been filed against Wynn Resorts Limited ('Wynn Resorts or the 'Company) (NASDAQ:) and...

2/20/2018

article New Wynn Resorts CEO Says Growth Will Continue After Steve Wynn Exit, Japan Casino Still on Radar
(Las Vegas) -- Wynn Resorts new CEO Matt Maddox said in his first major address to employees on Monday that the company’s casino development projects in Las Vegas...
article Wynn Is Out - Minus Severance - So Do His Big Plans Go Forward?
(Las Vegas) -- Steve Wynn has to give up his villa on Wynn Resorts property, and he won't be getting a multi-million-dollar severance package. But will his...

2/19/2018

article Local woman accuses Las Vegas casino mogul of assault
(Las Vegas) -- The Me Too movement has taken the country by storm and now it's come much closer to home. One local woman says she is a victim of one of the people...
article New CEO denies prior knowledge of sex claims against founder
(Las Vegas) -- The new CEO of Las Vegas-based Wynn Resorts said he was not aware of any of the sexual misconduct accusations against casino mogul Steve Wynn before they...
article New Wynn CEO says Paradise Park, Las Vegas Strip hotel will move ahead
(Las Vegas) -- Newly appointed Wynn Resorts CEO Matt Maddox told hundreds of employees Monday the company will move forward with plans to build Paradise Park and Wynn...
article OP/ED: The fall of two casino moguls
(Worldwide) -- Once upon a time, casino moguls Kazuo Okada and Steve Wynn were formidable business partners. It was Kazuo Okada who saved Steve Wynn when he invested $...

2/18/2018

article Casino Boss Steve Wynn Receives No Money in Termination Deal, Keeps Stake in Wynn Resorts
(Las Vegas) -- Las Vegas businessman Steve Wynn will not receive any severance or compensation after his resignation from casino operator Wynn Resorts amid multiple...

2/17/2018

article Wynn gets no money in termination deal with casino company
(Las Vegas) -- A termination agreement released Friday between embattled casino mogul Steve Wynn and the company bearing his name leaves him without severance or...

2/16/2018

article Wynn Resorts' $5 billion problem
(Las Vegas) -- Wynn Resorts has a problem beyond just the resignation of founder Steve Wynn : a $5 billion problem. That's how much could be on the line in the...
article No severance pay for Steve Wynn, must leave property by June 1
(Las Vegas) -- Steve Wynn’s separation agreement with Wynn Resorts includes no “golden parachute” for the 76-year-old former chairman and CEO, includes...
article Steve Wynn not entitled to severance payments, Wynn Resorts says
(Las Vegas) -- Wynn Resorts said on Friday that former chief executive officer Steve Wynn was not entitled to severance payments or any other compensation. Wynn, 76,...
article Wynn Resorts says ex-CEO Steve Wynn not entitled to severance pay
(Las Vegas) -- Wynn Resorts Ltd (WYNN.O) said on Friday that former Chief Executive Officer Steve Wynn was not entitled to severance payments or any other compensation....
article Wynn Resorts Will Not Pay Steve Wynn Severance
(Las Vegas) -- Steve Wynn, who recently stepped down amid sexual harassment allegations as the head of the casino empire that bears his name, will not receive a...

2/15/2018

article Lawyers: Okada thought deal would lead to loan from Wynn Resorts
(Las Vegas) -- Lawyers for Kazuo Okada said the Japanese billionaire signed a consent to allow Elaine Wynn to sell her shares in Wynn Resorts on the presumption the...

2/14/2018

article Steve Wynn's downfall could put his Macau casinos in play
(Macau) -- The future of the Asian gambling business built by U.S. casino tycoon Steve Wynn has been thrown into question after his resignation from management amid...
article Lawyer for Steve Wynn’s ex-wife alleges Wynn Resorts ‘cover up’
(Las Vegas) -- A lawyer for Steve Wynn’s ex-wife told a Clark County judge Tuesday that there may have been “a greater concern” at Wynn Resorts “...
article Wynn Resorts Board, Hoping to Sidestep Liability Issues, Considers Life After Steve Wynn
(Las Vegas) -- The board of Wynn Resorts is weighing its options, as the company looks to its future without former chairman and CEO Steve Wynn. The casino mogul stepped...

2/13/2018

article Nevada Gaming Control Board Internet Tip Line in Overdrive Since Steve Wynn Sex Scandal
(Las Vegas) -- The Nevada Gaming Control Board (NGCB) says its telephones have been ringing off the hook since the Wall Street Journal exposed sexual misconduct claims...
article Sexual assault reports against Wynn filed with Vegas police
(Las Vegas) -- Two more sexual misconduct allegations were leveled against embattled casino mogul Steve Wynn on Tuesday, when police in Las Vegas revealed they recently...
article Another University Strips Away An Honor From Steve Wynn
(Las Vegas) -- Last year Cornell University’s School of Hotel Administration, one of the top hotel schools in the country, honored Las Vegas casino magnate Steve...

2/12/2018

article 2 women tell Las Vegas police Steve Wynn assaulted them in the ’70s
(Las Vegas) -- Two women have reported to Las Vegas police that they were sexually assaulted by casino mogul Steve Wynn in the 1970s, a spokesman said Monday....
article Nevada Regulator, Inundated With Reports About Steve Wynn, Starts Hotline for Tips [sub req]
(Las Vegas) -- Nevada gambling regulators on Monday plan to introduce a new online system for the public to send in confidential complaints and tips after receiving a...
article Wynn board panel hires new law firm to assist in Steve Wynn review
(Las Vegas) -- A special committee of the Wynn Resorts Ltd. board of directors that said it no longer needed independent outside counsel to complete an investigation of...
article Wynn Quits His Company
(Las Vegas) -- Wynn Resorts investors are taking heart in the appointment of Matthew Maddox, the company’s president and one of its longest-serving executives, as...
article Embattled casino mogul Steve Wynn gives up fight for ex-wife’s stake in firm, ending six-year court battle
(Las Vegas) -- Scandal-hit casino supremo Steve Wynn has agreed to relinquish control of a minority stake in Wynn Resorts held by his ex-wife following sexual harassment...

2/11/2018

article Steve Wynn’s Tarnished Name and Now a Tainted Brand
(Las Vegas) -- Steve Wynn is the name and face of Wynn Resorts. In TV ads for his Las Vegas properties, he hobnobbed with the likes of Frank Sinatra and Dean Martin in...
article Wynnful Thinking - Or How Not To Make Critical Decisions!
(Massachusetts) -- There is a big, hulking shell of a casino rising on the Mystic River in Everett, Massachusetts. Many people have been hoping Wynn Boston Harbor would...
article GREENSPUN: Las Vegas still needs its visionaries
(Las Vegas) -- We are living in interesting times. There are some who think the origins of that statement was really a curse. After all, if you live in uninteresting...
article MGM’s CEO says Wynn resignation unlikely to result in megadeal
(Las Vegas) -- The turmoil surrounding Wynn Resorts Ltd. in the wake of Steve Wynn’s resignation is unlikely to translate into a big acquisition, according the...
article Steve Wynn won’t fight ex-wife selling Wynn Resorts shares
(Las Vegas) -- Embattled casino titan Steve Wynn has given up his multi-year fight for control of his ex-wife’s Wynn Resorts stock, just days after he resigned...

2/10/2018

article Impact of Wynn’s resignation on Las Vegas Strip unknown
(Las Vegas) -- When Steve Wynn opened The Mirage, hundreds of people waiting outside streamed in. When he opened the Bellagio, some 80,000 people flooded through in the...
article Wynn's fall ought to be a wake-up call for casinos
(Las Vegas) -- The fall of Steve Wynn is a wake-up call for the global casino industry. Gambling has traditionally gone hand-in-hand with seamier activities, and sexual...
article Questions abound regarding the future of Steve Wynn’s empire
(Las Vegas) -- As the chief architect of modern Las Vegas, and a visionary who did not understand the meaning of subdued, Steve Wynn spent more than three decades luring...
article Screaming, fist-banging and 'spit on my face': What it was like to work for Wynn
(Las Vegas) -- Steve Wynn slipped a pair of vampire teeth into his mouth and walked into an employee meeting at his glittering Las Vegas casino. It was the day before...
article Steve Wynn No Longer Seeking to Block Ex-Wife From Selling Wynn Resorts Shares [subreq]
(Las Vegas) -- Embattled gambling mogul Steve Wynn will no longer seek to prevent his ex-wife, Elaine Wynn, from selling her shares in the company they co-founded,...
article Wynn Resorts Board Cancels Outside Investigation of Steve Wynn’s Conduct [sub req]
(Las Vegas) -- Wynn Resorts Ltd.’s board said it stopped an independent law-firm investigation into sexual-misconduct allegations against former Chairman and Chief...

2/9/2018

article MGM's CEO Says Steve Wynn’s Resignation Unlikely to Result in Megadeal
(Las Vegas) -- The turmoil surrounding Wynn Resorts Ltd. in the wake of Steve Wynn’s resignation is unlikely to translate into a big acquisition, according the...
article Steve Wynn Surrenders Control Over Ex-Wife Elaine's Shares
(Las Vegas) -- Steve Wynn agreed to give up control over his ex-wife’s shares of Wynn Resorts Ltd., potentially ending their six-year legal battle days after he...

2/8/2018

article Mob-era principles provide framework for Nevada gaming regulators to pursue Wynn allegations
(Las Vegas) -- It was the old Vegas — the one Frank Sinatra and the rest of the Rat Pack knew, where mobsters paraded around with showgirls on their arms under...
article OP/ED: Other cities are stripping Wynn’s name from buildings. Why would we put it up?
(Massachusetts) -- Steve Wynn is gone, but his shadow lingers. It doesn’t have to. The new Wynn Boston Harbor casino in Everett is more than half built, but Steve Wynn’s...
article Wynn case raises question: When do investors need to know?
(New York) -- When should a company have to tell investors that a top executive is facing sexual misconduct allegations? The question comes as Wynn Resorts is being...
article After Steve Wynn, questions about his empire’s future
(Las Vegas) -- As the chief architect of modern Las Vegas, and a visionary who did not understand the meaning of subdued, Steve Wynn spent more than three decades luring...
article Wynn's Money Is Still Out There--Who Will Give It Back?
(USA) -- With Steve Wynn's resignation as CEO of Wynn Resorts, does that create even more pressure on Nevada politicians to return the money he gave them for...

2/7/2018

article A swift fall for Steve Wynn, who spent decades shaping the modern-day Las Vegas Strip
(Las Vegas) -- Steve Wynn's name still shimmers atop his casino on the Las Vegas Strip. Inside, the gift shop sells hats and T-shirts with Wynn's name on them....
article Gaming Commission's Wynn probe should be expanded to include 2014 campaign donations, Democrats running for governor say
(Massachusetts) -- The three Democrats looking to battle Republican Gov. Charlie Baker later this year are calling on the Massachusetts Gaming Commission to expand its...
article How much is Wynn’s exit package worth?
(Las Vegas) -- At the very least he leaves with 12.1 million shares of the casino operator. He’s already richer for leaving — Wynn’s stock rose nearly...

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