Wynn Resorts is denying multiple
allegations of sexual harassment and assault by founder Steve Wynn,
detailed in a Wall Street Journal report that sent shares of the casino
company tumbling 9 percent Friday.
The paper reported that a number of women say they were harassed or
assaulted by the casino mogul and finance chair of the Republican
National Committee.
One case led to a $7.5 million settlement with a manicurist. The
detailed report relies on interviews with dozens of people who
corroborate a decades-long pattern of sexual misconduct with female
employees.
The company says it is committed to operating with the "highest ethical
standards and maintaining a safe and respectful culture." In a printed
statement sent to The Associated Press, the company said the allegations
are part of a smear campaign related to divorce proceedings from Wynn's
ex-wife.
Wynn denied the allegations personally.
Wynn, who is chairman and CEO of the company he founded, is a titan in
Las Vegas and played a major role in the revitalization of the Las Vegas
Strip in the 1990s. It was Wynn's company that built the Golden Nugget,
The Bellagio and Mirage Resorts in the heart of the town.
In a lengthy statement, Wynn and his company both attribute the
allegations to a campaign lead by Wynn's ex-wife, Elaine Wynn.
"The conduct of Elaine during the course of the pending lawsuits has
been shocking and deeply disturbing to me personally and as the CEO of
Wynn Resorts," Wynn said.
In its reporting, The Wall Street Journal stated that none of the
alleged victims reached out to the publication. Instead, the newspaper
said it sought out more than 150 people who had worked for Wynn, many of
whom did not want to go on record for fear of losing their jobs.
The newspaper reported that Wynn's actions were well known enough that
employees would sometimes enter fake appointments in the books to help
other female workers avoid him. In some cases, female employees in the
salon would hide in back rooms if they knew Wynn was on his way to the
casino.
Wynn resorts said there has never been a complaint made about Wynn to
the company's independent hotline for anti-harassment. |
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