Casino Mogul Wynn Quits as GOP Finance Chief After Sex Allegations

February 2, 2018

Billionaire Steve Wynn has stepped down as Republican National Committee finance chair, the RNC’s chairwoman said, a day after reports that the casino magnate had engaged in multiple instances of sexual harassment. The decision may be a blow to the Republican Party’s fundraising as it gears up for midterm elections in November with an unpopular president as its standard-bearer. “Today I accepted Steve Wynn’s resignation as Republican National Committee finance…


Wynn Resorts Tumbles as Founder Accused of Pattern of Harassment

January 30, 2018

Wynn Resorts Ltd. shares sank more than 8 percent after the Wall Street Journal reported that its founder, casino industry legend fortune is valued at about $3.7 billion, most of it in Wynn shares, according to the seeking to gain control of her 9 percent stake in the casino giant. Steve Wynn has long sought to maintain his hold over the company because he lost his previous business, Mirage Resorts,…