Elaine Wynn files lawsuit against ex-hubby Steve to regain control of $900m stake

Casino operator Wynn Resorts has filed for trademark protection of its in-development casino project in Everett, Massachusetts.

On Monday, Boston Business Journal reported that Wynn had applied to the US Patent & Trademark Office to acquire the rights to the name Wynn Boston Harbor. The $2b project, which expects to break ground in July, was formerly known as Wynn Everett. The application was filed on March 15, the same day company CEO Steve Wynn gave reporters a preview of the property’s layout.

In less positive news, Steve’s ex-wife Elaine Wynn filed an amended lawsuit against her former hubby on Monday. The suit seeks to reestablish her control over her 9.4% stake in Wynn Resorts, which she hasn’t had since divorcing Steve for the second time in 2010.

The couple signed an agreement that same year giving Steve control over their combined shares, which allowed him to wield control of the company, particularly following the unceremonious forced redemption of Kazuo Okada’s holdings in 2012, a Pearl-Harbor-in-reverse surprise attack that remains before the courts to this day.