Regulators fine casino $20 million in sexual misconduct settlement
(Reuters) — Nevada casino regulators said Tuesday they had fined Wynn Resorts Ltd. $20 million in a settlement with the company involving misconduct claims against former chief executive Steve Wynn.
The casino company, which has operations in Las Vegas and Macau, said the conclusion of the review by the Nevada Gaming Commission was a step forward for the company and its new leadership.
The settlement was previously disclosed but not the amount of the fine.
Founder Mr. Wynn resigned as CEO of the company in 2018 following claims he subjected women who worked for him to unwanted advances. He has denied the accusations.
Mr. Wynn was not immediately reachable for comment.
Read Next
-
Wynn Resorts board sued for failing to investigate chief executive
(Reuters) — The board of Wynn Resorts has been sued by shareholders, claiming the board knew for years that Steve Wynn, founder and chief executive of the casino operator, had been accused of sexual misconduct and failed to investigate.
