Wynn Resorts covered up CEO’s misconduct allegations for years
Senior executives at Wynn Resorts were aware of sexual misconduct allegations against founder Steve Wynn but did nothing about it.
A report by the state Gaming Commission of Massachusetts outlined years of ‘inaction and failures’ on the part of the company.
The report was released as the commission reviews whether Wynn Resorts should keep its state gaming license.
It focused in part on secret settlement payments made to some of the accusers which were not disclosed during the application for a gaming license.
"Their efforts at secrecy made it exceedingly difficult, if not impossible, for gaming regulators to detect potentially derogatory information through typical regulatory means," the report said.
The company has not denied any of the allegations made in the report and is looking to move on from a year of highly damaging headlines.
Steve Wynn was ousted last year after numerous sexual misconduct allegations were made public.
New CEO Matthew Maddox said: "I am sorry that our company did not live up to its values."
A similar investigation in Nevada saw it keep its license but was hit with a record $20 million fine.
Since the allegations were made public, Wynn Resorts says it has undertaken wide ranging reforms including dismissing every executive who knew about the allegations and took no action.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt