Wynn Resorts to settle sexual abuse claims involving Steve Wynn

Business | 29 Jan 2019 3:23 pm

Wynn Resorts said it has agreed to an undisclosed settlement in response to a disciplinary complaint filed by the Nevada Gaming Control Board following a series of sexual misconduct claims against former chief executive Steve Wynn, Reuters reports.

The casino company, which has operations in Las Vegas and Macau, said in a filing to the U.S. Securities and Exchange Commission on Monday, the investigation into Steve Wynn had completed and it looked forward to reviewing the settlement.

Founder Wynn resigned as CEO of the company in 2018 following claims he subjected women who worked for him to unwanted advances. He has denied the accusations.

The company called the settlement an "important remedial step,'' adding that any employee mentioned in the Nevada Gaming Board’s investigation, who was aware of Wynn’s sexual assault allegations "is no longer with the company.''

Steve Wynn was not immediately reachable for comment.

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