Tag Archives: Wynn

Wynn Resorts to pay $2.6 billion to settle lawsuit with Japan's Universal

Wynn Resorts to pay $  2.6 billion to settle lawsuit with Japan's UniversalWynn Resorts Ltd has agreed to pay $ 2.6 billion to settle a lawsuit brought by Japan’s Universal Entertainment Corp and its U.S. unit, ending a six-year old dispute that pitted casino mogul Steve Wynn against his former associate Kazuo Okada. The size of the compensation was lower than market expectations and sent shares in Universal, a maker of Japanese-style slot machines and the operator of a casino in the Philippines, plunging 16 percent in Thursday trade in Tokyo. The lawsuit relates to Wynn Resorts’ 2012 forced redemption of a stake held by Universal’s unit Aruze USA at a 30 percent discount after an internal investigation by former FBI director Louis Freeh alleged Okada had violated U.S. anti-corruption laws.



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UPenn Revokes Steve Wynn, Bill Cosby Honors Over Sexual Misconduct Allegations

UPenn Revokes Steve Wynn, Bill Cosby Honors Over Sexual Misconduct AllegationsThe University of Pennsylvania said Thursday it was cutting ties with billionaire casino mogul Steve Wynn, a former university trustee, after allegations of sexual misconduct that spanned decades.



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Paul Ryan Says He'll Donate Funds Linked To Steve Wynn Group

Paul Ryan Says He'll Donate Funds Linked To Steve Wynn Groupconfirmed to The Hill on Sunday that the congressman plans to donate funds he received in 2016 from a group linked to casino mogul Steve Wynn.



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Trump 'Likes' Tweet On Sexual Misconduct Claims Against 'Great Friend' Steve Wynn

Trump 'Likes' Tweet On Sexual Misconduct Claims Against 'Great Friend' Steve WynnPresident Donald Trump seldom “likes” other account’s tweets on Twitter, so it becomes newsworthy when he does.



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Fox News Says Steve Wynn Won't Appear On Any Future Installment Of 'The Wise Guys'

Fox News Says Steve Wynn Won't Appear On Any Future Installment Of 'The Wise Guys'Fox News announced on Friday it would not book Steve Wynn on any future installment of “The Wise Guys,” a network special he previously co-hosted.



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Steve Wynn Steps Down As RNC Finance Chair Amid Sexual Harassment Allegations

Steve Wynn Steps Down As RNC Finance Chair Amid Sexual Harassment AllegationsBillionaire Steve Wynn resigned his post as finance chair for the Republican National Committee on Saturday, one day after The Wall Street Journal reported numerous allegations of him sexually harassing employees at his Las Vegas casinos over several decades.



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Lindsey Graham Urges RNC To Consider Returning Funds Steve Wynn Raised

Lindsey Graham Urges RNC To Consider Returning Funds Steve Wynn RaisedSen. Lindsey Graham (R-S.C.) says the Republican National Committee should donate or return any money raised by Steve Wynn if the sexual misconduct allegations against the billionaire casino mogul “have merit.”



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RNC Finance Chair Steve Wynn Accused Of Decades Of Sexual Misconduct: Report

RNC Finance Chair Steve Wynn Accused Of Decades Of Sexual Misconduct: ReportLas Vegas mogul Steve Wynn has been accused of a decades-long pattern of sexual harassment and abuse toward workers at his casinos, according to an investigation by The Wall Street Journal.



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Steve Wynn resigns as RNC finance chair amid misconduct allegations

Steve Wynn resigns as RNC finance chair amid misconduct allegationsSteve Wynn, the billionaire casino magnate, resigned as finance chair of the Republican National Committee on Saturday following a report of widespread misconduct allegations, NBC News has confirmed.



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