Wynn Resorts Plans On Banning Steve Wynn From All PropertiesCompany Files A 49-Page Legal Brief With The Massachusetts Gaming Commission With 13 Measures To Prove Sustainability In The State |
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Wynn Resorts is planning on banning its co-founder from all of its properties.
According to a report from the Las Vegas Review-Journal, Wynn Resorts filed a 49-page legal brief with the Massachusetts Gaming Commission outlining 13 measures the company intends to implement to prove its sustainability in Massachusetts.
Among those 13 measures is a plan to ban former CEO Steve Wynn from all Wynn Resorts properties around the world. Wynn, who is currently facing a laundry list of sexual misconduct allegations from his time as CEO of the gaming giant, would not be allowed on property in Las Vegas, Macau, or the proposed Encore Boston Harbor.
The Massachusetts Gaming Commission settled a lawsuit with Wynn in February, obtaining a report about Wynn’s history of sexual misconduct and allowing the organization to continue their investigation into whether or not the company is fit to run a casino in their state.
Wynn Resorts was fined a record $20 million by the Nevada Gaming Control Board in response to the founder’s scandal. In January, the commission concluded that the company had done enough to change the workplace environment and that they would only levy a fine.
Among the changes that were made at Wynn Resorts were an influx of new board members, 50 percent of which are now women. The record-setting amount came the following month.
Massachusetts, however, has yet to make a decision regarding the status of Wynn Resort’s gaming license. The company hopes that with these proposed measures, the gaming commission will take its commitment to change the workplace culture seriously.
Last week, current CEO Matt Maddox was questioned by the commission about his knowledge of Wynn’s alleged misconduct. Maddox maintained that he was unaware about the allegations, but did not answer in the negative when one regulator asked him if Wynn “demanded loyalty out of everyone around him.”
Encore Boston Harbor is scheduled to open in mid-June and as recently as February, Maddox was reassuring investors that the property would open on schedule.