Casino mogul Steve Wynn’s sexual harassment settlement with a female Wynn Resorts staffer reportedly involved a paternity claim, according to Bloomberg sources.
On Friday, Bloomberg reported that the 2005 payment of $7.5m by Wynn to a former manicurist at Wynn Las Vegas involved a paternity claim by the woman. Sources claimed that Wynn made the payment because he didn’t want the allegations to become a distraction to Wynn’s ongoing expansion in Las Vegas and Macau.
Steve Wynn and Wynn Resorts have vehemently denied last week’s bombshell Wall Street Journal report that detailed decades worth of sexual harassment allegations against the casino titan.
The reports led to a significant decline in the value of Wynn Resorts stock and have prompted regulators in Nevada, Macau and Massachusetts to launch investigations to determine Wynn’s suitability to continue casino operations in their respective jurisdictions.