CEO Matt Maddox assumed the role following Mr. Wynn’s resignation in February of 2018. A longtime prot\u00e9g\u00e9 of the casino tycoon, the chief executive had the difficult task of handling damage control at one of the largest gaming and hospitality companies in the US.<\/p>\n
This week, Massachusetts gaming regulators panned his performance. Commissioner Gayle Cameron asked the CEO what specifically has changed at Wynn Resorts to better combat alleged sexual misconduct.<\/p>\n
\nYou could not tell us now with the new policy what was enhanced,” Cameron stated. “They’re very generic enhancements.”<\/p>\n<\/blockquote>\n
MGC Chair Cathy Judy-Stein asked Maddox if he had read the agency’s investigative findings. He said he did, but added, “It’s time to move forward and move on. I tend to not focus on the past but try to fix the future. It’s just my style.”<\/p>\n
Fine Looming<\/b><\/h2>\n
If the MGC revokes Wynn Resorts’ license, the future of Encore Boston Harbor, thousands of jobs, and millions of dollars in taxes and regional economic benefits would be thrown into jeopardy. That’s why analysts believe the likelier conclusion of the state’s investigation is a substantial fine.<\/p>\n
\n
In its own probe, Nevada gaming regulators found that executives and upper management at Wynn Resorts became aware of Mr. Wynn’s alleged wrongdoings on at least seven occasions. However, those individuals did little in response.<\/p>\n<\/div>\n
The Nevada Gaming Commission subsequently levied a record $20 million fine on the company, but allowed Wynn Resorts to maintain its coveted gaming licenses.<\/p>\n","protected":false},"excerpt":{"rendered":"
Wynn Resorts board member Patricia Mulroy told the Massachusetts Gaming Commission (MGC) this week that a certain amount of blame rests on Elaine Wynn in regards to her former husband’s alleged sexual misconduct. It wasn’t the only bombshell testimony on Wednesday: Wynn Resorts CEO Matt Maddox admitted the company and himself were in denial after […]<\/p>\n","protected":false},"author":25,"featured_media":102114,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,21],"tags":[],"acf":[],"yoast_head":"\n
Wynn Resorts Board Member Pat Mulroy Blames Elaine Wynn<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n