\nDespite the sexual accusations against its founder, Maddox said Wynn Resorts will keep its namesake brand and logo. “Wynn is about the 25,000 people who work here. The name stands for quality. It stands for service. And it’s something that all of these 25,000 people look up to,” the CEO told workers, according to the AP<\/em>.<\/p>\n<\/blockquote>\nMaddox noted the fact that 40 percent of its management are women, while calling for an even higher ratio. He also announced a new initiative that seeks to strengthen gender equality, the implementation of six-week paid parental leave, and the creation of a scholarship fund for employees’ ongoing education.<\/p>\n
Panning for Japan<\/b><\/h2>\n
Wynn Resorts has its eyes set on Japan should the company legalize commercial gambling as it’s expected to do. But with just two integrated casino resorts likely to be authorized, the sex scandal surrounding Wynn Resorts’ founder presumably lengthens its odds of landing one of the permits.<\/p>\n
Japan legislators are seeking casino operators with lengthy global histories in the industry, but also ones with strong reputations for integrity.<\/p>\n
When the National Diet lifted its casino ban in 2016, the legislature said that the forthcoming regulatory bill must require that operators “have high morals, a sense of responsibility, and a clean nature.” With Steve Wynn now out of the picture, Wynn Resorts will hope it can convince Japan’s regulatory decision-makers that the company is now as honorable as an Eagle Scout.<\/p>\n","protected":false},"excerpt":{"rendered":"
Wynn Resorts new CEO Matt Maddox said in his first major address to employees on Monday that the company’s casino development projects in Las Vegas, Boston, and Macau will continue, and emphasized that the operator remains committed to obtaining an integrated resort license in Japan. Maddox, who replaced founder Steve Wynn on February 6 after […]<\/p>\n","protected":false},"author":42,"featured_media":70642,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,21,18,13592],"tags":[],"acf":[],"yoast_head":"\n
Wynn Resorts CEO Says Growth Will Continue After Steve Wynn Exit<\/title>\n\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