Times Up Steve Wynn

Dozens of people who worked at Wynn's casinos say his behavior created a pattern of sexual misconduct, according to the report, with some describing employees being pressured into performing sex acts with Wynn.

A manicurist who worked at Wynn's flagship casino recounted an incident with Wynn in 2005, telling the WSJ that he forced her to have sex at his office. Colleagues recounted her returning to the on-site salon visibly distressed, the report says, and she told others Wynn pressured her to take her clothes off and lie on the massage table kept at his office. Those people she told about the incident recounted to the WSJ that the manicurist did not want to have sex with Wynn, but said he was persistent in his demands.

The WSJ contacted over 150 current and former employees of Wynn. The majority of those who spoke worried that talking to the media would hurt their job opportunities, citing Wynn's vast and powerful influence throughout Nevada and the casino industry.

CNBC Story

For those of you with access to the Wall Street Journal, I urge you to read that original article.  It gives a detailed account of the most serious allegation (his alleged rape of the manicurist).

WSJ Story

The stock was down 10% last time I checked.     

I remember when the Wynn first opened in Vegas.   They were making customers spend $100 before they would give them the pleasure of getting a players club card.    And they had a doorman who was refusing entry to people he deemed to be "too rednecky" or something.   

I made the effort to look around in both the Wynn and Encore properties but I can proudly say I've never spent a dime in either one.   

Wynn is a pretentious jerk....and it looks like he's now a bonafide sex offender too.

Today's stock price drop of $20 or 10 percent as PJ pointed out shows how people view these sexual issue's. The company released good quarterly results, mostly due to improved gambling in Macau and Cotai. It actually may be a good time to look at the stock with this correction.

   This is not the first time Steve has been in this issue. Seems he settled a sexual case years back, seems it cost him $7.5 million!

7.5 million vs going to prison doing hard time for rape and coming out once you are released as a registered sex offender for the rest of your life seems like a bargain to me.  He better watch out as Nevada recently revised their statute of limitations for rape and his alleged crime is elegible for prosecution again. What I read as described in the WSJ was rape not mere workplace sexual harassment.

Amazing - less than 24 hours has elapsed since the allegations began and those of you that have posted have tried and sentenced Wynn.  While some or all of these claims may be true, Wynn deserves his day in court.

Actually, he paid the 7.5 million to avoid having his day in court. It should have been reported to law enforcement at the time.  Instead it was reported to the Wynn's human resources department. I suspect the money was paid out so quickly to keep the victim from repoting it to law enforcement.

Yo Steve!  You will probably hit NYC in the near future.  I think it is on Tuesday if you hit the Starbucks near the Park--Skating Rink in particular. Matt and Charlie R get there around 7:30 - 8:00 a.m.  You guys can talk about the good old days.  In a week or so Harvey may show up, if so, maybe hatch a "movie deal."  You will need to start looking for a nearby Starbucks that has more chairs, I think you will need them!

I wonder what the Wynn will be rebranded as?

Gee, why are we not surprised that the doc is here defending another serial sexual predator. After all, his pussy-grabbing hero still hasn't had to face the music....

Gee, black jack, your eloquence , thoughtfulness, and breath of knowledge upon this subject knows no bounds - it must be exciting and ever so rewarding to be an idiot savant.