Wynn Resorts proposes banning its namesake from its casinos

Wynn Resorts proposes banning its namesake from its casinos

In a statement, Wynn revealed it had received written confirmation from the NGCB that Maddox, who is also CEO and Executive Director of Wynn Macau, had been "found suitable as an officer of Wynn Resorts Limited in Nevada in January 2010 and remains in good standing with the Nevada Gaming Control Board".

The casino mogul was not in attendance Tuesday when the gaming commission of the state opened a set of hearings into the response.

Wynn Resorts executives are to provide a testimony into how they have handled the allegations against Steve Wynn, with proposals to prohibit Wynn from entering the casino grounds.

The hearings have implications for the firm's MA casino permit and Encore Boston Harbor, the $2.6 billion hotel it plans to start in June.

Wynn Resorts is now entangled in a three day public hearing from the Massachusetts Gaming Commission regarding whether or not Wynn Resorts will be permitted to keep its Boston-area casino licence.

The company's current reforms should be evaluated by the report from the state Gambling Commission team doesn't produce a recommendation to regulators but concludes saying the panel.

An investigation into Wynn's suitability to operate the luxury resort in the city of Everett near Boston commenced just days after the publication of a Wall Street Journal report outlining a decades-long pattern of sexual misconduct by Mr. Wynn. The company's top brass has appeared before the MGC to respond to questions and the commission is now in a position to determine whether or not the license should be revoked or if Wynn deserves a financial penalty like it received from Nevada gaming officials.

It's not clear why Wynn Resorts isn't pursuing the proposed steps on its own.

Among those 13 measures is a plan to ban former CEO Steve Wynn from all Wynn Resorts properties around the world.

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