Nevada casino figure accused
The value of Wynn Resorts Ltd. shares fell by more than 10 percent after the Wall Street Journal published an article in which dozens of women accused Steve Wynn of sexual misconduct.
The Jan. 27 report also prompted Wynn to resign as finance director of the Republican National Committee, and the Republican Governors Association to cut its ties to the Las Vegas figure. After sexual misconduct disclosures against Hollywood producer Harvey Weinstein in October, the GOP’s national committee called on the Democratic Party and its candidates to return all Weinstein money to him.
Both Wynn and the corporation denied the accusations, with Wynn claiming they originated with his ex-wife Elaine. “The idea that I ever assaulted any woman is preposterous,” Wynn said.
The Journal reported Wynn paid $7.5 million to a manicurist to keep out of court a claim that he raped her.