Casino operator Wynn Resorts’ share price may have bounced back after Steve Wynn’s resignation, but the company’s regulatory woes are far from over.

Wynn Resorts stock price closed out Wednesday’s trading up 8.6% to $177.32 as investors reacted positively to Tuesday’s resignation of chairman/CEO Steve Wynn. The announcement came 10 days after the Wall Street Journal broke the story of decades’ worth of sexual harassment allegations by Steve Wynn against Wynn Resorts female staff – allegations that Steve continues to deny.

Wynn’s shares still have a long way to go to regain the nearly $200 price they enjoyed before the WSJ report, and more aftershocks appear possible, particularly given the three separate regulatory probes – in Nevada, Massachusetts and Macau – into the company’s knowledge and handling of the allegations.

On Wednesday, Massachusetts Gaming Commission (MGC) exec director Ed Bedrosian said the MGC’s probe “aggressively continues” and while investigators would “consider” Steve’s resignation as they go forward, “it will not stop their work.”