Wynn Resorts has been fined $35 million over allegations of misconduct levied against founder and former CEO Steve Wynn
The Massachusetts Gaming Commission said Tuesday that it would impose a $35 million fine on Wynn Resorts and Wynn MA, LLC. The move comes after the commission completed its investigation into sexual assault allegations levied against the company's founder and former CEO — Steve Wynn — and how the company handled those claims.
Read MoreIn addition to the fines levied, the commission said Wynn Resorts must comply with other stipulations — including to maintain a separate Chair and CEO for 15 years."Given our findings, it is now in the interest of the Commonwealth that the gaming licensee move forward in establishing and maintaining a successful gaming establishment in Massachusetts," the commissioners said in the decision.
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