Wynn’s $7.5 Million Settlement Involves Paternity Claim
- No evidence that he fathered a child in the encounter
- Regulators in Massachusetts are examining the payment
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Steve Wynn’s secret $7.5 million payment to a former employee involved a paternity claim against the casino mogul, according to people familiar with the situation.
Wynn made the payment in 2005 because he didn’t want the allegations to be a distraction for his company, said the people, who asked not be identified discussing private information. Wynn Resorts Ltd. had just opened the Wynn hotel in Las Vegas and was building one in Macau at the time. There’s no evidence Wynn fathered a child in the encounter.