The gaming regulator for Massachusetts has reportedly agreed a deal that will allow it to receive the findings of an almost year-long investigation into the alleged actions of former casino magnate, Steve Wynn.
Sexual misconduct claims:
According to a Wednesday report from The Associated Press published by US News and World Report, Wynn is the past Chief Executive Officer for Wynn Resorts Limited and last year became the subject of an inquiry commissioned by the Massachusetts Gaming Commission. This examination was initiated after the 77-year-old was hit with a slew of sexual misconduct allegations and sought to determine whether the businessman had been suitable to lead a firm that had received a state gaming license in 2014.
Encore Boston Harbor license:
Wynn wants to utilize this license in order to open its $2.6 billion Encore Boston Harbor venue in June and the ongoing investigation could put the future prospects of this project in serious jeopardy. This is despite the fact that Connecticut-born Wynn has continually maintained his innocence and subsequently severed all ties with the Las Vegas-headquartered casino giant.
Injunction served:
Investigators working on behalf of the Massachusetts Gaming Commission reportedly completed their examination last month but their findings were immediately hit with a temporary injunction over claims by Wynn that these may contain confidential information as well as materials protected under the attorney-client privilege. Nevada Eighth Judicial District Court, Judge Elizabeth Gonzalez, was due to rule on whether to extend this restriction and such a lengthening could have resulted in the entire matter being tied up in court up for many years.
Public hearing:
However, the deal worked out between Wynn and the Massachusetts Gaming Commission on Wednesday, the terms of which were not released, will now give the regulator access to the findings of the contentious investigation and allow it to hold a public hearing into the future of Encore Boston Harbor.
Nevada resolution:
Last month saw Wynn Resorts Limited agree a settlement with the Nevada Gaming Control Board concerning the alleged past actions of its former boss while Massachusetts lawyer Brian Kelly reportedly told The Associated Press that this week’s arrangement ‘ensures that no privileged materials are improperly utilized’ by the Massachusetts Gaming Commission.