Wynn Will Pay Fine to Settle Probe Into CEO Harassment Scandal
- Company won’t lose license in Nevada after deal with agency
- Longtime leader Steve Wynn resigned a year ago after outcry
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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.