Nevada gambling regulators fined casino mogul Steve Wynn's former company a record $20 million on Tuesday for failing to investigate claims of sexual misconduct made against him before he resigned a year ago.
The penalty against Wynn Resorts ends an investigation that began after The Wall Street Journal reported that several women said the company founder harassed or assaulted them. Wynn Resorts will keep its gambling license under the Nevada Gaming Commission settlement reached last month. The four current commissioners unanimously approved the fine. "It's not about one man," said Commissioner Philip Pro, a former federal court judge.
Wynn paid a $975,000 private settlement to that woman and her parents, the settlement said. Wynn Resorts neither admitted nor denied Nevada Gaming Control Board allegations that Wynn sexually harassed multiple flight attendants on company aircraft. "The company's initial response during this period was driven by Mr. Wynn's adamant denial of all allegations," said a Wynn Resorts statement from company spokesman Michael Weaver.
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