Wynn Resorts should know today how the Nevada Gaming Commission (NGC) has decided to penalize the gambling operator for its role in the Steve Wynn sexual misconduct scandal that surfaced toward the beginning of last year. The NGC is meeting today to discuss what type of fine to levy against the company and will release its decision shortly after.
The drama comes as just the latest soap opera episode in the saga of Steve Wynn’s sexual proclivities. He resigned from the company after being outed latest February and both he and Wynn Resorts have had to continually conduct damage control to keep the ship from sinking.
Wynn Resorts recently agreed to pay a fine in Nevada, but the amount is to be established by the NGC. The agreement comes as Wynn Resorts acknowledges that certain individuals within the company’s upper echelon were aware of what Steve Wynn was doing, but did not act to help him find a more appropriate outlet for his pent-up frustrations.
The Nevada Gaming Control Board (NGCB) announced the settlement in January in part of a 22-page complaint against Wynn Resorts. It asserted that executives with the company were told at least seven times of Steve Wynn’s actions, but didn’t do anything to prevent them. For now, Wynn Resorts will be able to retain its license, but will have to pay a financial penalty assessed by the NGC.