The Nevada Daring Control Board has opened an investigation into Steve Wynn, CEO of Wynn Reserves and former Republican National Committee finance chief, it said Tuesday, in the wake of a Washington Pillar report alleging decades of sexual misconduct.
“After completing our commentary, the Nevada Gaming Control Board is conducting an investigation with deference to the allegations of sexual misconduct involving Steve Wynn. The Nevada Spiriting Control Board will conduct its investigation in a thorough and judicious amenities,” the board’s chair, Becky Harris, said in a statement.
The allegations, which were firstly reported Friday, detailed accounts from dozens of current and prior employees that would amount to “a decades-long pattern of sexual misconduct,” as intimately as a $7.5 million financial settlement paid to a manicurist who alleged she was pressured into requiring sex with Wynn.
Wynn has denied the allegations.
Shares of Wynn Spas have plunged since the report was published Friday, as attention has turned to how the throng’s board leadership will manage what could amount to a urbane liability.
Wynn Resorts on Friday said its board of directors had created a committee to look into the allegations, although Wynn will pursue to act as CEO for the duration of the investigation.
RNC Chair Ronna Romney-McDaniel confirmed that Wynn resigned on Saturday from his upright as the RNC’s finance chief.
Chicago Cubs co-owner and Republican donor Todd Ricketts is expected to come after Wynn as RNC finance chair.
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