Nevada Gaming Commission approves record $20 million fine against Wynn Resorts

Nevada gambling regulators have approved a settlement with Wynn Resorts that includes a record $20 million fine against the company for its failure to properly report and investigate sexual harassment allegations against former CEO Steve Wynn.

 

The Nevada Gaming Commission on Tuesday unanimously voted to levy the $20 million fine against the Las Vegas-based casino resorts operator for “turning a blind eye” to sexual harassment allegations involving Steve Wynn made by eight female employees since 2005.

 

Click to read more...

So my daily newpaper and Mark's use the exact same article word for word.   Mark beat me by a few minutes. 

Its funny because the analysts say Wynn Resorts will suffer without Steve Wynn calling the shots.    But with him gone I'm considering visitng the Wynn again after essentially boycotting it since it opened. 

 

Then again - I'm sure my patronage wont make much of an impact on the earning statement.

I wouldn't be surprised.  Wynn built the best of the best each time.  None managed to retain the exquisite 'care and feeding', the 'fit and finish' once he was out.  If history proves anything, Wynn Resorts will indeed "suffer", whatever that means to the analysts, unless his successor(s) follow his philosophy and methods for providing an excellent guest experience.  JMHO.

Edited on Feb 27, 2019 1:30pm
Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now