May 20, 2018

On line casino mogul Steve Wynn accused of pressuring staff into intercourse

28 January 2018, 01:56 | Rufus Hill

Wynn Resorts (WYNN) PT Set at $228.00 by Citigroup

Versatile Ratio figures at Street: Wynn Resorts, Limited (NASDAQ:WYNN), Windstream Holdings, Inc. (NASDAQ:WIN)

Casino owner Steve Wynn would not say Friday whether he planned to resign from his role as finance chairman of the Republican National Committee after a report detailing decades of alleged sexual misconduct, The Washington Post reported Friday. Wynn coerced massage therapists to perform sex acts for $1,000 tips, and others at the spa created fictitious appointments to avoid contact with him, said the newspaper, which contacted more than 150 people who worked with the casino magnate.

Wynn denied all the accusations to the paper, claiming it was all a smear campaign by his ex-wife Elaine Wynn.

"The idea that I ever assaulted any woman is preposterous", Wynn told The Journal in response to the report.

The news hit Wynn Resorts hard yesterday, with the company's stock plummeting more than 10 points late into the day.

While Wynn is most famous for helping rebuild the Las Vegas Strip in the 1990s and serving as finance chair of the Republican National Committee, he was received with acclaim in 2013 after making a $25 million contribution to the University of Iowa. The company now operates casino resorts on the Las Vegas Strip and Macau, and is building a $2.4-plus-billion resort in the Greater Boston area in MA. The billionaire has denied the rumors - which include accusations that he forced employees to engage in sex acts - blaming ex-wife Elaine Wynn, "with whom I am involved in a awful and nasty lawsuit". "It is deplorable for anyone to find themselves in this situation", he said.

It's unclear whether the RNC will force Wynn to step down, or what the RNC will do with the money Wynn helped raise. After telling others, including a supervisor, of the event, she was paid a $7.5 million settlement.

"There is no bigger name in the casino business than Steve Wynn", said Ralston, who has been covering business and politics in Nevada for 30 years and has interviewed Wynn himself multiple times over the years.

Wynn also gave $100,000 to the National Republican Senatorial Committee previous year.

Gov. Charlie Baker is backing the Gaming Commission's review of the sex assault claims, a spokesman said.

Politico described Wynn as a "prolific Republican donor", though it noted he funded Democratic campaigns before 2010, too. "Since the inception of the company, not one complaint was made to that hotline regarding Mr. Wynn", the representative said.

The Journal explained that on top of potentially losing their jobs, workers anxious that upsetting Wynn would ruin their career prospects in other parts of the industry, where Wynn is powerful.

Wynn donated $US729,217 to President Donald Trump's inauguration, and Trump has called him a "great friend".

Other News

Trending Now

Previewed: Apple's iOS 11.3's Animoji, battery service features
Another new feature is Health Records in the Health app, which is created to keep all of your medical records in one place. Apple iOS 11 .3 brings dedicated Business Chat for users to communicate directly with businesses right within Messages .

Acer announces Convertible Spin 11 Chromebook & Chromebook 11 C732
Will be sold via our retail channels, available in North America starting in March priced starting at $349USD. Wirelessly connectivity options on the Chromebox CX include, 132×2 MIMO 802.11ac Wi-Fi and Bluetooth 4.2.

Donovan Mitchell to Participate in 2018 MTN Dew Kickstart Rising Stars Challenge
They were also required to vote for a minimum of three rookies and three sophomores for each team. MT on Friday, Feb. 16 at STAPLES Center in Los Angeles and will be broadcast live on TNT.

GOP Rep. Pat Meehan Won't Seek Re-Election
Navy veteran and longtime volunteer firefighter Joe Billie on the ballot for the Republican primary if he does jump into the race. Four members of Congress have either resigned or said they won't run again amid complaints from women about sexual misconduct.

Tom Cruise reveals new Mission: Impossible film title in Instagram debut
Film writer/director, Christopher McQuarrie talked to Empire magazine about the film. And debuting his account and films promotion Tom Cruise is bringing his A game.

How to Stream the 2018 State of the Union Address Online
The speech will attempt to show that the American people had every right to be optimistic when Trump took office previous year . Developments in the special counsel probe into Russia's meddling in the 2016 election also often overshadow his plans.

Grammy 2018 predictions: Expect Bruno, 'Despacito' to win big
Pictures show the Brooklyn rapper with a seat next to wife Beyonce , and near fellow New Yorker and collaborator Alicia Keys . The 60th Grammy Awards on Sunday will bring some of the biggest names in music together at New York's Madison Square Garden .

Move Over NFL, the XFL Is Back!
When asked afterward if Kaepernick would be allowed to play, McMahon said, "Why not?" No cities or TV partners were named. The first thing McMahon said was that the "new" XFL will looks to "give the game of football back to fans".

Wentz confident he will play in Eagles' 2018 season opener
Obviously, you don't get reps throughout the year. "Nick's the guy, and I'm trying to help him anyway I can". Coach [Doug] Pederson, ever since he got here, just establishing that culture. "No one flinched.

Burnley 0 Manchester United 1
I can not understand anybody wanting to leave Arsenal - but in 30 years of doing transfers you learn a lot about human beings". All we achieved and the good moments that I gave to the club, I want to dedicate it to the fans, they are the most important.