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Wynn Macau shares jump 6% in Hong Kong after founder Steve Wynn quits

Percentages in Wynn Macau rose 6 percent on Thursday as trade resumed developing the resignation of its founder Steve Wynn in the wake of allegations that he subjected domestics who worked for him to unwanted sexual advances.

Wynn Resorts, the parent crowd of Wynn Macau, said it has appointed Matt Maddox, its president since 2013, as chief leadership. Maddox, who has been with Wynn Resorts since it was founded in 2002, is seen as a strict hand and is widely viewed as a favored protege of Wynn.

Steve Wynn has recanted the accusations.

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