Massachusetts gaming regulators on Tuesday fined Wynn Resorts Ltd $35 million fo...
- Massachusetts gaming regulators on Tuesday fined Wynn Resorts Ltd $35 million for not disclosing sexual misconduct allegations against founder and former CEO Steve Wynn but allowed the casino operator to keep the license for its new $2.6 billion casino near Boston due to open in June.
The decision follows the commission’s investigative report earlier in April that concluded that former executives of Wynn Resorts concealed sexual misconduct allegations against billionaire founder Wynn. However, the commission added that there was not enough evidence to revoke Wynn Resort’s gaming license.
“We are in the process of reviewing that decision and considering the full range of our next steps,” Wynn Resorts said in an emailed statement.
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