Casino mogul Steve Wynn resigns amid sex misconduct claims
February 8, 2018
LAS VEGAS (AP) — Facing investigations by gambling regulators and allegations of sexual misconduct, billionaire casino mogul Steve Wynn has stepped down as chairman and CEO of the resorts bearing his names.
The Las Vegas-based Wynn Resorts in a statement said Wynn's resignation Tuesday was effective immediately. It came less than two weeks after the Wall Street Journal reported that a number of women said Wynn harassed or assaulted them and that one case led to a $7.5 million settlement.
"In the last couple of weeks, I have found myself the focus of an avalanche of negative publicity," Wy...