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.
1 year ago
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.
1 year ago
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.
1 year ago
Christopher Palmeri , Bloomberg
Does this really signal the "new Wynn" or is this just more of the same?
2 years ago
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?
2 years ago
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.
2 years ago
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.
2 years ago
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.
2 years ago
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.
2 years ago
Christopher Palmeri, Bloomberg
So maybe MGM isn't buying all of Wynn Resorts, but hoping to settle for a piece of it in Boston?
2 years ago
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.
2 years ago
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?
2 years ago
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.
2 years ago