Casino mogul Steve Wynn to pay $10M, cut gambling ties after Nevada sexual misconduct investigation

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Casino mogul Steve Wynn to pay $10M, cut gambling ties after Nevada sexual misconduct investigation
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Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a $10 million fine and cut ties to the industry he helped shape in Las Vegas.

July 28, 2023, 12:40 AM UTCLAS VEGAS — Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started, agreeing to pay a $10 million fine and cut ties to the industry he helped shape in Las Vegas.

Craig Newby, first assistant Nevada attorney general, reminded the commission that a seven-month investigation by the Nevada Gaming Control Board “found evidence of sexual conduct by Mr. Wynn involving some subordinate female employees.”“It’s a huge blemish on the industry,” Commissioner Rosa Solis-Rainey said. “While Mr. Wynn made some incredible contributions, the nature of the allegations that were made and the history behind that ... warrant at least the amount of fine that was negotiated.

Violating the agreement could lead to a finding of “unsuitability” for association with Nevada casinos and an additional fine.

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