Wynn Resort Get $35M Fine but Keep License

Wynn Resorts Woes Continue

Steve Wynn has left the reputation of Wynn Resorts in tatters after a string of negative press over the years. This prompted the billionaire to resign in February 2018, succeeded by his protégé Matt Maddox. The regulator conducted a 15-month long investigation into Wynn Resorts and the founder. This happened after several claims of improper conduct and sexual misconduct that started in 2007. In the process, there have been fines levied at both parties and the most recent investigation would look into whether the resort was fit to hold the gambling license.

Massachusetts Gaming Commission Report on Wynn Resort

While Steve Wynn still remains adamant that he is not guilty of any wrongdoing, these latest findings do very little to further his cause. The MGC’s investigation was more concerned with how long Wynn Resorts executives knew about the allegations and their subsequent response to the matter. The resolution by the regulator does not render Steve guilty of the claims. In addition, this is the largest fine imposed by the casino regulator in history, as it hopes to deter similar conduct in the future.

For more of the latest news on casino gambling, keep it locked to www.newzealandcasinos.

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