• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Nevada scathing of S. Wynn bid to avoid complaint hearing

Nov 28, 2019 Newsdesk Latest News, Top of the deck, World  


Nevada scathing of S. Wynn bid to avoid complaint hearing

The Nevada Gaming Control Board has issued a scathing rebuke of Steve Wynn (pictured in a file photo), in rejecting the deposed entrepreneur’s claim that the U.S. state’s regulatory system had no jurisdiction over him since he had already quit the casino industry following multiple allegations of sexual misconduct. He has denied wrongdoing.

An October complaint filed by the Nevada Gaming Control Board, lodged with the Nevada Gaming Commission, said Mr Wynn – founder and former chairman of casino group Wynn Resorts Ltd – faced the possibility of a fine as well as the loss of his “suitability” status and therefore his gaming licence.

Wynn Resorts is the parent of Macau gaming licensee Wynn Macau Ltd.

In a response carrying Wednesday’s date – to Mr Wynn’s motion to dismiss – the Nevada Gaming Control Board stated the businessman “could no longer avoid scrutiny for his actions”.

It added: “Wynn in his motion touts his ‘45-plus-year tenure as a gaming licensee’ without the Board having ever brought disciplinary action against him.

“Far from being blameless, Wynn thwarted discovery and investigation of his conduct through non-disclosure agreements and personal funds.”

The body added: “Wynn cannot avoid the Nevada Gaming Commission’s disciplinary power through his latest legal machination. This Commission has subject-matter jurisdiction.”

To accept Mr Wynn’s argument that severing his ties with Wynn Resorts brought matters to an end “would allow persons such as Wynn to frustrate this Commission’s subject-matter jurisdiction by severing employment ties prior to revocation proceedings.”

The Board added in its response: “The absurd result that would flow from such an interpretation evidences the vacuity of this argument.”

It further noted: “The legislature’s definition of suitability has no nexus to the person’s temporal connection to a particular licensee.”

A reply from Mr Wynn to the Board’s latest response would be required by December 9, with a hearing on the complaint matters 10 days later, on December 19.

In February this year the Nevada Gaming Commission fined Wynn Resorts US$20 million over the sex misconduct matters and the way those issues had been handled internally by the company. A supporting report at the time by the Nevada Gaming Commission said that Mr Wynn had reached in 2005 a “private, confidential settlement” with a person referred to as “Employee 1”, in which she and her husband were paid US$7.5 million through a separate legal entity funded personally by Mr Wynn.


  • tweet
Related articles
  • Ian Coughlan out of Wynn Macau Ltd board, Cameron-Doe in
    Ian Coughlan out of Wynn Macau Ltd...

    May 29, 2023  

  • S&P lifts Macau 2023 mass GGR forecast to 75pct of 2019
    S&P lifts Macau 2023 mass...

    May 16, 2023  

More news
  • Dividend restart still far for Macau ops: JP Morgan
    Dividend restart still far for Macau...

    May 30, 2023  

  • Gaming industry in for a very exciting period: Bill Miller
    Gaming industry in for a very exciting...

    May 30, 2023  


Latest News

Dividend restart still far for Macau ops: JP Morgan

Dividend restart still far for Macau ops: JP Morgan

May 30, 2023  

The majority of the Macau casino operators is unlikely to resume dividend payment in the near term, suggested JP Morgan Securities (Asia Pacific) Ltd analyst DS Kim in an interview with GGRAsia....
Read More
Gaming industry in for a very exciting period: Bill Miller

Gaming industry in for a very exciting period: Bill Miller

May 30, 2023  

IGT flags route to high-performing games for Asia

IGT flags route to high-performing games for Asia

May 30, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


6,000

Total number of visitors expected at the Global Gaming Expo (G2E) Asia 2023 Special Edition: Singapore, running from May 30 to June 1



Most Popular

  • Cotai Expo hotel extra to licence capex, says GoldsteinCotai Expo hotel extra to licence capex, says Goldstein May 29, 2023
  • Ian Coughlan out of Wynn Macau Ltd board, Cameron-Doe inIan Coughlan out of Wynn Macau Ltd board, Cameron-Doe in May 29, 2023
  • Londoner Macao pulls in foreigners and Chinese: LVS CEOLondoner Macao pulls in foreigners and Chinese: LVS CEO May 25, 2023
  • Londoner Macao to host Harry Potter exhibition in DecLondoner Macao to host Harry Potter exhibition in Dec May 29, 2023
  • Suntrust agrees to US$6mln loan from chairman Andrew LoSuntrust agrees to US$6mln loan from chairman Andrew Lo May 29, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us