Steve Wynn plans to sell shares of Wynn Resorts amid talks from casino regulators over whether he should be forced to cut his stake in the company. ”Mr. Wynn disclosed that he intends to sell all or a portion of the common stock controlled by him,” the company said in a Securities and Exchange Commission filing Wednesday morning. The casino mogul owns 12.1 million shares, or 11.8 percent of the company. The stake is valued at $2.2 billion based on Tuesday’s night market close. ”If he elects to sell any such common stock, he will seek to conduct such sales in an orderly fashion and in cooperation with the company,” the company said.
