Nevada regulators fine Wynn Resorts a record $20 million for failing to investigate sexual misconduct claims against casino mogul Steve Wynn.
Matt Maddox, center, CEO of Wynn Resorts Ltd., attends a meeting of the Nevada Gaming Commission, Tuesday, Feb. 26, 2019, in Las Vegas.
Wynn Resorts will keep its gambling license under the Nevada Gaming Commission settlement reached last month that left the amount of a fine to be determined by the four current commissioners. “Mr. Wynn ... engaged in intimate and sexual conduct with employees,” the company acknowledged in settlement documents.
“The company’s initial response during this period was driven by Mr. Wynn’s adamant denial of all allegations,” said a Wynn Resorts statement provided by company spokesman Michael Weaver. It admitted a “short-sighted focus on initially defending Mr. Wynn, rather than reassuring employees of the company’s commitment to a safe and respectful work environment.”
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