Wynn Resorts Development LLC (WRD) President Chris Gordon calls it “a string of negative events.” Others call it a fiasco that could destroy the company. Either way, the sexual misconduct allegations, lawsuits and infighting on the board won’t keep the company from trying to snag a gambling license in Japan.
At the Japan Gaming Congress (JGC) held in Tokyo this week, Gordon told GGRAsia that the company had been “very well received” by Japanese authorities. Of course, the Japanese are known for their high level of tact and show of respect, so Gordon’s comments are not exactly revealing.
WRD is a subsidiary of Wynn Resorts, which is the parent company of Macau-based Wynn Macau Ltd. Since January, Wynn Resorts has been facing a number of negative actions that began with the sexual misconduct allegations against its former CEO, Steve Wynn. Since then, several board members have been the targets of lawsuits that forced their resignations, and the company has had to respond to the allegations that have threatened its ability to continue to operate in the U.S. and overseas.
Gordon told GGRAsia, “I think all the issues that are going on should be methodically resolved. I think we should listen to any of the outcome of any of the [regulatory] reports and take any action required.” He closed by saying, “We think the company has an incredibly bright future.”