Billionaire ex-CEO Steve Wynn files defamation lawsuit against former employee who accused him of sexual misconduct

Ousted Wynn Resorts CEO Steve Wynn is suing a former employee who accused him of sexual misconduct. He says Jorgen Nielsen, a former artistic director at the Wynn Las Vegas salon, made “false and defamatory” statements to the Wall Street Journal and ABC News. The scandal ultimately led to Wynn’s resignation in February. (Reuters) – Steve […]

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, WYNN, SNAP, CMG, DIS)

Here is what you need to know.  Stocks are set to drop at the open. The Dow Jones industrial average is set to open lower by about 250 points, or 1%. The weakness comes following a mixed overseas session that saw China’s Shanghai Composite (-1.82%) lag in Asia and Britain’s FTSE (+0.69%) lead in Europe.  Goldman […]

Billionaire casino mogul Steve Wynn resigns from Wynn Resorts amid sexual misconduct scandal

Getty Images / Ethan Miller Steve Wynn has resigned as CEO and chairman of Wynn Resorts. The billionaire mogul recently faced allegations of sexual misconduct. Wynn had admitted no wrongdoing and said in his resignation statement that there had been a “rush to judgment,” which he said took precedence over everything “including facts” with regard […]

Wynn Resorts continues to fall after casino mogul Steve Wynn steps down from the RNC amid sexual misconduct allegations (WYNN)

AP Images Wynn Resorts‘ stock continued to fall on Monday morning after CEO Steve Wynn was accused of sexual misconduct in a bombshell Wall Street Journal report. Over the weekend, Wynn announced he would step down from his role as finance chair of the Republican National Committee. Wynn was a prolific political donor, but in […]

Billionaire casino mogul Steve Wynn was accused of widespread sexual misconduct — here are the major politicians and groups he helped fund

Reuters Billionaire Steve Wynn, one of the biggest donors in politics, was accused of widespread sexual misconduct on Friday. He has donated millions to Republicans while donating a much smaller amount to Democrats. So far, his largest recipients have remained silent. Billionaire casino magnate Steve Wynn, who was just accused of widespread sexual misconduct, including […]

Billionaire casino magnate Steve Wynn steps down as RNC finance chair after sexual misconduct allegations

Mike Blake Real estate magnate Steve Wynn stepped down Saturday as the finance chair of the Republican National Committee. Wynn has been accused of widespread sexual misconduct, including assault. Wynn, a prolific Republican donor, became the RNC’s finance chair after President Donald Trump’s election. Billionaire casino mogul Steve Wynn resigned Saturday as the Republican National […]

Las Vegas casino security may never be the same after Monday’s massacre (MGM, WYNN, LVS, BYD)

Sky News NEW YORK/CHICAGO, Oct 2 (Reuters) – A year ago casino magnate Steve Wynn warned that Las Vegas was a “target city” and disclosed a raft of new security measures, including invisible metal detectors and specially trained guards, designed to prevent a large-scale attack. Whether those measures would have prevented Sunday’s rampage on the […]

MORGAN STANLEY: Here’s how Wynn Resorts could double (WYNN)

AP Wynn Resorts could see its share price double as the company grows its market share in Macau, according to research by Morgan Stanley. Wynn currently owns two casinos in Macau—the Wynn Macau opened in 2006 and the Wynn Palace opened in 2016. “We believe that WYNN can take greater market share in Macau than the […]