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KNPR's State of Nevada

The Changing Face Of Las Vegas Entertainment

Apr 30, 2018

With Wynn cutting back on redevelopment plans, and MGM struggling with theirs, should the Strip be especially worried about a resurgent downtown Las Vegas?

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Wynn Resorts Removing Steve Wynn's Name From New Casino

Apr 27, 2018
BOSTON (AP) — Wynn Resorts has renamed the $2.5 billion casino it's building outside of Boston to Encore Boston Harbor, as the company continues to take steps to distance itself from founder Steve Wynn after sexual misconduct allegations.
 
New CEO Matthew M
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MGM, Wynn Tamp Down Boston Casino Intrigue

Apr 27, 2018

BOSTON (AP) — Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino.

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Regulators Weigh Request To Remove Wynn From Casino License

Apr 27, 2018

BOSTON (AP) — Massachusetts gambling regulators are considering Wynn Resorts' request to remove Steve Wynn's name from its state casino license as the company founder faces numerous allegations of sexual misconduct.

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Wynn Resorts Reports First Quarter Loss

Apr 25, 2018

Wynn Resorts reported a first-quarter loss Tuesday. 

Its bottom line was pulled down by a nearly $465 million charge linked to a legal settlement.

The company still beat Wall Street's profit expectations, boosted by its gambling business in Macau.

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Elaine Wynn Asks Shareholders To Oust Board Member

Apr 24, 2018

LAS VEGAS (AP) — The ex-wife of Steve Wynn, who is also the biggest shareholder and co-founder of Wynn Resorts, is seeking to remove one of the company directors overseeing an internal investigation into sexual misconduct allegations against the casino magnate.

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Elaine Wynn Asks Shareholders To Oust Board Member

Apr 23, 2018
LAS VEGAS (AP) — The ex-wife of Steve Wynn, who is also the biggest shareholder and co-founder of Wynn Resorts, is seeking to remove one of the company directors overseeing an internal investigation into sexual misconduct allegations against the casino magnate.
 
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Wynn Resorts Expands Board Of Directors, Adds 3 Women

Apr 19, 2018

LAS VEGAS (AP) — Las Vegas-based Wynn Resorts has expanded its board of directors to 11 members with the appointment of three women.

The appointments were announced Wednesday and bring the number of women on the board to four.

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Elaine Wynn Proposes Restructuring Wynn Resorts Board

Apr 18, 2018

In an attempt to restore the company’s reputation, Elaine Wynn is proposing an immediate restructuring of the Wynn Resorts board of directors.

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Lawsuit Dropped Between Elaine Wynn And Ex's Former Company

Apr 17, 2018

LAS VEGAS (AP) — A six-year boardroom battle involving the company founded by embattled former Las Vegas casino mogul Steve Wynn and his ex-wife has been settled on the brink of a trial in Nevada state court.

KNPR
KNPR's State of Nevada

Wynn To Sell A Picasso And A Warhol At Auction

Apr 12, 2018

The website, Artnet, is reporting that Steve Wynn is selling-off two major works in his art collection – one by Andy Warhol and the other by Pablo Picasso.

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Elaine Wynn Says She Reported Rape Allegation To Company

Mar 29, 2018

LAS VEGAS (AP) — Elaine Wynn says she told the general counsel of Las Vegas-based Wynn Resorts in 2009 that she had received information alleging her now ex-husband had "raped" an employee in 2005.

KNPR
KNPR's State of Nevada

Will New Wynn Allegations Assure Changes In Gaming?

Mar 29, 2018

More light is being shined on how Wynn Resorts' executives allegedly handled sexual harassment complaints against Steve Wynn over the years.

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Former Employees: Management At Wynn Resorts Let Misconduct Happen

Mar 27, 2018

A report today in the Wall Street Journal alleges management at Wynn Resorts often looked the other way or dismissed complaints aga

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Steven Wynn No Longer Has Stock In Wynn Resorts

Mar 23, 2018

LAS VEGAS (AP) — Former Wynn Resorts CEO Steve Wynn no longer has any stock in the company.

Wynn Resorts on Thursday announced Wynn has sold the remainder of his stake in the casino-operator.

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Steve Wynn Looks To Sell Shares In Former Company

Mar 21, 2018

NEW YORK (AP) — Former Wynn Resorts CEO Steve Wynn plans to potentially sell all his stock in the casino-operator, a month after he resigned over sexual assault and harassment allegations.

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Wynn Resorts Wants Years-long Case Nearing Trial Moved

Mar 21, 2018

LAS VEGAS (AP) — Wynn Resorts wants a yearslong civil case set to go trial next month to be moved out of Las Vegas because of the media's coverage of its founder's resignation amid sexual misconduct allegations.

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Steve Wynn Settled With Second Woman Over Sex Allegations

Mar 19, 2018

LAS VEGAS (AP) — Attorneys for embattled casino mogul Steve Wynn say in court documents that he brokered a settlement with a second woman who accused him of sexual misconduct more than a decade ago.

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Stockholders Agreement Involving Steve Wynn, Ex-Wife Invalid

Mar 16, 2018

LAS VEGAS (AP) — An agreement involving embattled casino mogul Steve Wynn and his ex-wife that has kept her from controlling her stock in Las Vegas-based Wynn Resorts has been deemed invalid.

KNPR
KNPR's State of Nevada

John L. Smith On Wynn Resorts Settlement With Okada

Mar 16, 2018

Japanese billionaire Kazuo Okada has had a rough time of it lately. 

He was kicked off the board of his own Tokyo-based company. 

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Wynn Resorts Dropping Lawsuit Against Co-Founder

Mar 13, 2018

Wynn Resorts has dropped another lawsuit the company was involved in, this one against co-founder Kazuo Okada.

The company withdrew its claims of breach of fiduciary responsibility against Okada, after fighting him for the past six years.

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Wynn Resorts Might Use $800M Loan To Pay $2.4B Settlement

Mar 10, 2018

LAS VEGAS (AP) — Wynn Resorts says it may draw from a bank loan of up to $800 million to help pay for a $2.4 billion settlement with a Tokyo company. <br><br>

The Las Vegas-based casino operator on Friday said Deutsche Bank approved the loan.<br><br>

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Wynn Resorts settles lawsuit for $2.4B with Tokyo company

Mar 09, 2018

LAS VEGAS (AP) — Wynn Resorts has agreed to pay $2.4 billion in a settlement with a Tokyo-based casino game maker and its U.S. unit over the forced redemption of shares.

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Experts Question Regulators’ Anti-Sexual Harassment Efforts

Mar 09, 2018

LAS VEGAS (AP) — Nevada gambling regulators are developing rules addressing workplace harassment in the wake of the sexual misconduct scandal surrounding Las Vegas casino titan Steve Wynn.

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Oregon Sues Gambling Mogul Steve Wynn And His Former Company

Mar 08, 2018

SALEM, Ore. (AP) — The state of Oregon has sued Nevada gambling mogul Steve Wynn and the board of directors of Wynn Resorts Ltd. for allegedly failing to act in the best interests of shareholders and stop a pervasive pattern of sexual misconduct at the company.

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