James Packer, Australian billionaire and owner of Crown Resorts is all set to let go of his venture, after a deal that includes Las Vegas-based Wynn Resorts buying it for AUD 10 billion ($7.1 billion). Both the entities are in talks with each other, and the transaction seems imminent. T...
A report by Massachusetts casino regulators has stated that Wynn Resorts executives had hidden their former Chariman Steve Wynn’s sexual misconduct allegations for years. The report was brought out by the state’s Gaming Commission’s investigative team. The 5-member panel who formed the ...
Japanese casino mogul Kazuo Okada has been in legal troubles a lot lately. He has a few cases pending against him, the major one is where he duped his former company, Universal Entertainment Corp. for nearly $2 billion. He is also involved in a battle against Wynn Macau, the Macanese ar...
The American publicly-traded company, Wynn Resorts, has reached a settlement with the authorities of Nevada over Wynn Resorts’ founder and ex-Chairman Steve Wynn and the sexual misconduct allegations levelled against him in early 2018. The Wall Street Journal (WSJ) reported in January 2...
A couple of weeks back, there were shocking accusations published in the Wall Street Journal of ‘a decades-long pattern of sexual misconduct’ by casino mogul Steve Wynn. Wynn was CEO and Chairman of Wynn Resorts, one of the biggest operators of high-end hotels and casinos in...
Wynn Resorts is a casino-hotel company that runs some of the most popular hotels and casinos around the world. Wynn Resorts was founded in 2002 by Steve Wynn, who has also been serving as CEO of the company since 2002. However, his future at the company is now at risk. Accused of sexual...
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