Nevada Gaming Control Board Seeks Ban on Steve Wynn

The Nevada Gaming Control Board has recently filed a complaint seeking to ban Steven Wynn from the state’s casino industry. According to the officials of the gaming control board, the former CEO and Chairman of the Las Vegas-based Wynn Resorts is “not a person of good character, honesty, and/or integrity.”

In the complaint that was filed with Nevada’s Gaming Commission, the gaming control board states that the disgraced casino magnate was not in any way suitable to be associated with gaming enterprises or the gaming industry. The complaint further noted that because Steve Wynn “failed to exercise discretion and sound judgment to prevent incidents” he had a negative impact on Nevada’s reputations. Furthermore, his actions greatly impaired the growth of the gambling sector in the state.

“In his capacity as a key executive of a major casino, Mr. Wynn’s conduct was inimical to the public health, safety, morals, good order, and general welfare of the people of the State of Nevada,” read the 23-page complaint.

That said, the board wants the casino mogul to be fined and his status revoked. As it turns out, this is very possible as per the state’s gaming laws. According to these laws, gaming licenses are revocable privileges which can be either revoked or denied in case any gaming-related entity is found to be unsuitable.

Mr. Wynn is expected to appear before the Nevada Gaming Control Board for a hearing in which he is expected to answer to the allegations that have been made against him.

Wynn Resorts Takes the Heat

Despite the fact that Steve Wynn denied the sexual assault allegations that he was facing, he went on to resign from the company he founded. He later sold his stake in the company and stepped down as the Republican National Committee’s finance chairman.

The Nevada Gaming Control Board conducted a seven-month investigation and in the process uncovered a number of incidents of sexual assault. As a result, the gaming control board hit the gaming and hospitality operator with a $20 million fine in early 2019. This particular fine was the highest ever and it was because of the casino’s failure to investigate the allegations of sexual harassment within the company.

A report filed by the Massachusetts Gaming Commission, further revealed that Wynn Resorts had created a rather hostile environment that was shrouded in secrecy. As such, the victims of sexual misconduct within the company were not able to freely pursue complaints. For this, the company was fined a whopping $35 million and Matt Maddox, the new CEO, fined $50,000 by the Massachusetts Gaming Commission.