Stephen Wynn, Casino Mogul, Accused of Decades of Sexual Misconduct
Mr. Wynn and the company, in statements, both sought to cast blame for the allegations on Mr. Wynn’s former wife, Elaine Wynn, saying she has
been making allegations of sexual misconduct in court proceedings to further her financial interests in litigation against the casino mogul.
Gambling officials in Massachusetts, where Mr. Wynn’s company plans to open a $2.4 billion casino resort near Boston next year, said
they had opened a review into the “troubling allegations” of Mr. Wynn’s behavior “to determine the appropriate next steps.”
The Wynn Resorts board met on Friday to form a committee of independent directors to investigate the allegations, saying in a statement
that it is “deeply committed to ensuring the safety and well-being of all of the company’s employees and to operating with the highest ethical standards.”
The allegations could also have political impact as well.
Mr. Wynn, chairman and chief executive of Wynn Resorts, denied the allegations in
a statement, saying, “The idea that I ever assaulted any woman is preposterous.”
“We find ourselves in a world where people can make allegations, regardless of the truth,” he said, “and
a person is left with the choice of weathering insulting publicity or engaging in multi-year lawsuits.”
The fallout from the story mounted during the day.
In that filing, Ms. Wynn said she had learned that her former husband made a multimillion-dollar payment in 2005
“after being threatened with allegations of serious misconduct” against a Wynn employee on a company property.