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Multiple women said they were harassed or assaulted by Wynn, which he denies
The Associated Press
Posted: Feb 06, 2018 9:59 PM ET
Last Updated: Feb 06, 2018 10:01 PM ET
Casino mogul Steve Wynn has resigned as chair and CEO at Wynn Resorts amid sexual misconduct allegations.
Wynn Resorts said Tuesday the resignation is effective immediately.
The Wall Street Journal reported Jan. 26 that a number of women said Wynn harassed or assaulted them and that one case led to a $7.5-million US settlement.
The Las Vegas billionaire has vehemently denied the allegations, which he attributes to a campaign led by his ex-wife.
Wynn introduces one of his the company’s casino resort plans during a news conference in Macau June 5, 2012. Wynn faces investigations by gambling regulators in two states. (Bobby Yip/Reuters)
He also faces investigations by gambling regulators in two states.
The board of directors for Wynn Resorts has appointed Matt Maddox, currently president of the company, as its CEO effective immediately.
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