Articles tagged “wynn”

Probe Finds Wynn Executives Hid Sexual Harassment Claims Against CEO

Probe Finds Wynn Executives Hid Sexual Harassment Claims Against CEO

Christopher Palmeri and Janelle Lawrence , Bloomberg

Would the loss of a gaming license in Boston spell doom for Wynn Resorts? We’ll have to wait and see.

2 weeks ago

Wynn Resorts Has to Pay $20 Million For Steve Wynn’s Bad Behavior

Wynn Resorts Has to Pay $20 Million For Steve Wynn’s Bad Behavior

Nick Turner, Bloomberg

A mere $20 million in fines is nothing for a company that made $6.72 billion in operating revenues last year. Wynn Resorts is certainly lucky to have retained its gaming licenses in Nevada, too.

2 months ago

Wynn Resorts Names New Chairman and Settles With Elaine Wynn

Wynn Resorts Names New Chairman and Settles With Elaine Wynn

Christopher Palmeri , Bloomberg

Does this really signal the "new Wynn" or is this just more of the same?

9 months ago

Board Rejects Chairman Candidate Backed by Elaine Wynn

Board Rejects Chairman Candidate Backed by Elaine Wynn

Christopher Palmeri, Bloomberg

The power struggle at Wynn Resorts continues. Changing the board is one step, but is it enough to ensure the company's future success?

9 months ago

The Most Highly Compensated Hotel CEOs of 2017

The Most Highly Compensated Hotel CEOs of 2017

Deanna Ting, Skift

We can only hope that a large portion of Steve Wynn's $34 million compensation from last year will go to his multiple alleged victims.

11 months ago

Wynn Resorts Expects to Complete Its Sexual-Harassment Probe by the Fall

Wynn Resorts Expects to Complete Its Sexual-Harassment Probe by the Fall

Christopher Palmeri, Bloomberg

How the multibillion-dollar company conducts itself with regard to the multiple allegations of sexual harassment and abuse lodged against its founder will really determine whether the "new Wynn" can actually succeed.

11 months ago

Shareholders Push Travel Companies to Disclose Political Giving as Mid-Terms Loom

Shareholders Push Travel Companies to Disclose Political Giving as Mid-Terms Loom

Andrew Sheivachman, Skift

Travel isn't as big a political player as some other industries, but major players wield significant influence over political candidates and the issues surrounding airports and hotels. More transparency is a good thing, particularly for shareholders who may fear a decline in stock value due to political positioning based on the whims of a company's CEO.

11 months ago

Elaine Wynn Wants Shareholders to Oust Longtime Board Director

Elaine Wynn Wants Shareholders to Oust Longtime Board Director

Associated Press

In her efforts to create a new, post-scandal Wynn Resorts, Elaine Wynn isn't backing down at all. But is this enough for the company to overcome the tarnished reputation her ex-husband has left behind? Still, kudos to her for bringing up the issue of executive compensation. Last year, Steve Wynn was the highest paid hotel CEO, taking home a paycheck of $28 million.

12 months ago

Wynn’s New Boston Casino Resort May Be Sold to MGM

Wynn’s New Boston Casino Resort May Be Sold to MGM

Christopher Palmeri, Bloomberg

So maybe MGM isn't buying all of Wynn Resorts, but hoping to settle for a piece of it in Boston?

1 year ago

Is Wynn Resorts in Play?

Is Wynn Resorts in Play?

Deanna Ting, Skift

Perhaps more important than who might eventually wind up buying Wynn is what a buyer would have to do with the brand's tarnished image.

1 year ago

What Could Happen to Wynn Resorts After Steve Wynn Cashes Out

What Could Happen to Wynn Resorts After Steve Wynn Cashes Out

Anthony Palazzo, Bloomberg

Will Steve Wynn's company follow in the footsteps of Harvey Weinstein's? Will another company want to take it over and, if so, what would it do with a gaming conglomerate whose history is so entwined with a sexual predator?

1 year ago

Getting Rid of Steve Wynn Could Help the Gaming Company in Giant Macau Market

Getting Rid of Steve Wynn Could Help the Gaming Company in Giant Macau Market

Daniela Wei and Bruce Einhorn, Bloomberg

The new license was going to be tough, and Wynn's behavior would have been a factor. The hotel giant needs to make sure it has serious and talented management in place now that he's gone – he can't be secretly operating behind the scenes.

1 year ago