WYNN COMPANY FINED BY NEVADA REGULATORS

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Nevada regulators to fine Wynn Resorts over sex allegations

Michelle l. Price, Associated Press

Associated PressJanuary 28, 2019

https://finance.yahoo.com/news/nevada-regulators-fine-wynn-resorts-202008343.html

FILE - In this Jan. 15, 2015, file photo, Steve Wynn, CEO of Wynn Resorts, delivers the keynote address at Colliers International Annual Seminar at the Boston Convention Center in Boston. Nevada gambling regulators say they will fine Wynn Resorts after an investigation found former executives failed on multiple occasions to investigate allegations of sexual misconduct against Wynn. A complaint and settlement released Monday, Jan. 28, 2019, by the Nevada Gaming Control Board said Wynn's conduct was "inappropriate and unsuitable" and detailed at least seven allegations of misconduct dating back to 2005. (AP Photo/Elise Amendola, File)

LAS VEGAS (AP) -- Nevada gambling regulators announced a settlement Monday with casino mogul Steve Wynn's former company over allegations that former executives failed on multiple occasions to investigate claims of sexual misconduct against him.

The Nevada Gaming Control Board detailed at least seven allegations of misconduct by Wynn dating to 2005 in which former executives and managers of Wynn Resorts became of aware of the claims but failed to act. The board also said Wynn's conduct was "inappropriate and unsuitable" and violated company policies.

Wynn resigned from his company in February 2018 and has denied any misconduct.