After allegations, Wynn's Boston casino draws regulatory scrutiny

A Wynn casino and hotel project set to open in Boston in 2019 has drawn the scrutiny of regulators following ...

Posted: Jan 29, 2018 10:04 AM
Updated: Jan 29, 2018 10:04 AM

A Wynn casino and hotel project set to open in Boston in 2019 has drawn the scrutiny of regulators following a Wall Street Journal story that detailed sexual misconduct allegations against founder and CEO Steve Wynn.

The Massachusetts Gaming Commission said it is reviewing a license it issued for a resort casino to Wynn Resorts.

"The Commission is now aware of and is taking very seriously the troubling allegations detailed in the Wall Street Journal article," said Elaine Driscoll, director of communications for the Massachusetts Gaming Commission. "The suitability and integrity of our gaming licensees is of the utmost importance, and ensuring that suitability is an active and ongoing process. Consequently, the MGC's Investigations and Enforcement Bureau will conduct a regulatory review of this matter to determine the appropriate next steps."

The MGC awarded a license for the $2.1 billion Wynn Boston Harbor in 2014. The planned 27-story, 671-room hotel and casino will be located on a 33-acre site along the Mystic River in Everett, Massachusetts. It will adjoin a convention and expo center. The casino resort is expected to create more than 4,000 construction jobs, as well as 4,000 permanent jobs -- which should generate more than $170 million in annual payroll.

Wynn beat out Revere by Mohegan Sun for the state gaming license.

The gaming commission maintains broad legal authority to decide who is suitable to hold a state gaming license. Massachusetts law states that character, reputation, and integrity are all considered as part of the licensing process. Licenses must be renewed with the state every three years. The commission did not immediately return messages from CNNMoney.

Wynn, 76, has denied the charges in the Journal story, published on Friday.

"The idea that I ever assaulted any woman is preposterous," he said in a statement that the company sent to CNN. "We find ourselves in a world where people can make allegations, regardless of the truth, and a person is left with the choice of weathering insulting publicity or engaging in multi-year lawsuits. It is deplorable for anyone to find themselves in this situation."

The newspaper detailed allegations from a married manicurist who received a $7.5 million settlement from the billionaire casino owner after she complained in 2005 that she had been ordered by Wynn to have sex, even though she told him she was married and did not want to have sex.

Representatives for Wynn did not immediately respond to messages from CNNMoney but in a statement released late Friday, the Wynn Resorts board said a special committee, "comprised solely of independent directors," would begin probing the allegations made in a Journal article. The investigative committee will be chaired by Patricia Mulroy, a member of the board's corporate governance and compliance committees, it said.

"The Board is deeply committed to ensuring the safety and well being of all of the Company's employees and to operating with the highest ethical standards," the statement read.

It said it has a hotline any employee can use anonymously to make a complaint about sexual harassment or misconduct. "Since the inception of the company, not one complaint was made to that hotline regarding Mr. Wynn," said the statement.

Wynn Resorts alleges that the Journal story is a result of an effort by Elaine Wynn, Steve Wynn's ex-wife, to "tarnish the reputation of Mr. Wynn in an attempt to pressure a revised divorce settlement from him." Steve Wynn echoed that claim in the statement he provided to CNN.

The Journal story quoted Elaine Wynn's attorney as saying the claim that she instigated the Journal's article "is just not true."

Wynn is the first CEO and founder of a major publicly traded company to face such charges, although a growing number of men in business have been accused of sexual misconduct in the last year.

On Saturday, Wynn resigned from his position as finance chairman of the Republican National Committee.

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 69986

Reported Deaths: 2011
CountyConfirmedDeaths
Hinds5768121
DeSoto375331
Harrison265136
Madison248972
Jackson239145
Rankin232238
Jones194762
Forrest185857
Washington172244
Lee156342
Lauderdale143993
Neshoba130694
Lamar124115
Bolivar115636
Warren113735
Oktibbeha113639
Lowndes110240
Panola109117
Sunflower107127
Lafayette101820
Scott101720
Copiah97128
Leflore95968
Pike95137
Holmes92349
Yazoo87013
Pontotoc8579
Grenada85626
Lincoln84643
Monroe83155
Simpson82131
Leake79927
Coahoma78913
Wayne78921
Tate74630
Marshall7299
Union70017
Marion68921
Adams64226
Covington63715
Winston63516
George6038
Pearl River56740
Newton55511
Tallahatchie54711
Attala53325
Walthall51121
Chickasaw48819
Noxubee46312
Tishomingo4449
Prentiss44110
Alcorn4395
Calhoun4269
Smith41213
Claiborne40914
Hancock40915
Jasper4089
Clay40414
Itawamba39510
Tippah38814
Tunica3657
Montgomery3456
Clarke34328
Lawrence3298
Yalobusha31810
Humphreys29912
Quitman2751
Carroll26211
Greene26213
Perry2488
Webster24813
Amite2406
Jefferson Davis2406
Kemper24014
Stone2245
Wilkinson22013
Sharkey2065
Jefferson1967
Benton1541
Choctaw1384
Franklin1352
Issaquena272
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 101496

Reported Deaths: 1821
CountyConfirmedDeaths
Jefferson13463261
Mobile10671216
Montgomery6955153
Madison551035
Tuscaloosa432780
Unassigned398568
Baldwin371029
Shelby336137
Marshall319938
Lee272447
Morgan242520
Etowah219034
DeKalb185214
Calhoun182819
Elmore176739
Walker154865
Houston145013
Russell13912
Limestone137813
St. Clair137520
Dallas134725
Franklin130822
Cullman123812
Colbert122518
Lauderdale120320
Autauga118822
Escambia109417
Jackson10724
Talladega106914
Tallapoosa87679
Dale85029
Chambers84838
Chilton8279
Blount8255
Clarke82110
Coffee7796
Butler77336
Covington74621
Pike7167
Marion58726
Barbour5816
Lowndes57524
Marengo56817
Bullock49211
Hale48826
Winston45711
Bibb4535
Washington44913
Perry4464
Wilcox43610
Monroe4246
Pickens41110
Randolph40311
Conecuh39410
Sumter36618
Lawrence3563
Macon34114
Crenshaw3318
Choctaw28912
Cherokee2798
Clay2775
Geneva2652
Henry2643
Greene25311
Lamar2302
Fayette2235
Cleburne1291
Coosa1053
Out of AL00
Tupelo
Clear
78° wxIcon
Hi: 82° Lo: 74°
Feels Like: 81°
Columbus
Broken Clouds
76° wxIcon
Hi: 82° Lo: 73°
Feels Like: 76°
Oxford
Broken Clouds
77° wxIcon
Hi: 89° Lo: 70°
Feels Like: 78°
Starkville
Broken Clouds
72° wxIcon
Hi: 82° Lo: 70°
Feels Like: 72°
WTVA Radar
WTVA Temperatures
WTVA Severe Weather