Bloomberg Law
Jan. 28, 2019, 6:13 PM

Wynn Will Pay Fine to Settle Probe Into CEO Harassment Scandal

Christopher Palmeri
Christopher Palmeri
Bloomberg News

Wynn Resorts Ltd. settled a probe by Nevada regulators over how it handled sexual-misconduct allegations against former Chief Executive Officer Steve Wynn, lifting a cloud hanging over the casino giant.

The company will pay an unspecified fine as part of the agreement, which will now be reviewed by the Nevada Gaming Commission. Regulators said they will not seek to revoke or limit Wynn’s licenses in the state, a gambling mecca that includes the Las Vegas Strip.

Nevada was one of several jurisdictions investigating Wynn, with regulators from Massachusetts to Macau probing allegations that surfaced in the Wall Street Journal last ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.