The Nevada Gaming Control Board has reportedly filed a five-count complaint against Steve Wynn that could well prevent the former Chairman and Chief Executive Officer for casino operator Wynn Resorts Limited from ever again receiving a state gaming license.
According to a Monday report from the Las Vegas Review-Journal newspaper, the 23-page grievance alleges that Wynn violated Nevada casino licensing suitability rules by sexually harassing multiple employees and seeks to have the 77-year-old’s earlier finding of fitness revoked and a fine imposed.
Alarming accusations:
The Las Vegas Review-Journal reported that Wynn, who is now believed to be living in Florida, resigned his posts at Wynn Resorts Limited in February of 2018 before going on to sell off his entire stake in the casino firm a month later. This had purportedly followed the earlier publication of claims by The Wall Street Journal newspaper that the mogul had compelled some female workers into performing sexual acts while using private settlements to hush up any allegations of impropriety.
Reputational damage:
The complaint against Wynn was reportedly signed by the Chair for the Nevada Gaming Control Board, Sandra Morgan, and fellow members Philip Katsaros and Terry Johnson on Monday and also claims that the alleged actions of the Connecticut-born businessman may have harmed the reputation and development of the western state’s gaming industry.
Behavioral breakdown:
The Las Vegas Review-Journal reported that the first count of the complaint addressed the supposed failure by Wynn to abide by his own company’s policies on sexual harassment while the second dealt with his conduct as the leader for the Las Vegas-headquartered firm ‘given the inherent disparity of power between himself and the employees with whom he has had sexual relations’.
Reportedly read the complaint from the Nevada Gaming Control Board…
“The [Nevada] Gaming Control Board’s investigation found evidence of multiple instances of sexual contact by Mr Wynn involving subordinate employees. By engaging in this conduct, whether consensual or not, Mr Wynn disregarded Wynn’s policies and procedures.”
Secret sums:
The third count of the complaint reportedly addressed a 2005 accusation that Wynn had sexually assaulted a manicurist employed at the Wynn Las Vegas before going on to agree a private settlement that was not disclosed to the company’s board said to be worth around $7.5 million.
A similar 2006 incident that was alleged to have involved a waitress and a payment of $975,000 was purportedly handled in the fourth while the fifth dealt with the entrepreneur’s failure to attend an associated hearing in September of last year.
Authority actions:
The Las Vegas Review-Journal reported that Wynn has continually denied all allegations of misconduct although Wynn Resorts Limited was fined a record-setting $20 million by the Nevada Gaming Commission in February for failing to properly investigate associated claims from at least eight female employees.
This was purportedly followed by a $35.5 million sanction from the casino regulator in Massachusetts amid allegations that the firm had not appropriately divulged the secret payments from its then-boss when applying for the license for its Encore Boston Harbor property.