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…


Republicans Call on Party to Return Wynn Funds After Allegations

January 31, 2018

Two Republican senators called on their party to return funds received from billionaire Steve Wynn, who stepped down Saturday as Republican National Committee finance chairman amid allegations of sexual harassment. Senators Susan Collins of Maine and Lindsey Graham of South Carolina said Republicans who took money from the founder of Wynn Resorts Ltd. should return it. The casino magnate’s departure from his RNC role followed a Wall Street Journal story…


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,…