As revealed in October, the Nevada Gaming Control Board regulator had filed a complaint against the former Wynn Resorts Limited CEO and Chairman Steve Wynn. The complaint actually includes five counts that could prevent Steve Wynn from receiving a gaming license issued by a state ever again. In this five-count complaint by the Nevada Gaming Control Board, the regulator alleges on twenty-three pages that Steve Wynn violated its gaming licensing rules by harassing female employees.
The five-count complaint also seeks to have the former Wynn Resorts Limited CEO and Chairman fined as well. Before these actions, the seventy-seven-year-old Steve Wynn resigned as CEO and Chairman of Wynn Resorts Limited. One month later, he also sold his entire stake in the company.
When it comes to the complaint against which alleges, he was harassing female employees and then using private settlements to hush such allegations, it was signed by the Nevada Gaming Control Board’s Chair Sandra Morgan alongside Terry Johnson, and Philip Katsaros. Naturally, these allegations and actions taken have harmed Steve Wynn’s reputation as well as the reputation of Wynn Resorts Limited. One month after the five-count complaint was filed, Steve Wynn decided to respond.
Steve Wynn Filing a Motion
The former Wynn Resorts Limited CEO and Chairman Steve Wynn has responded to the five-count complaint by Nevada’s gaming regulator by filing a motion in that he asks the regulator to completely dismiss the complaint which was lodged in October. According to one Las Vegas Review’s report, the five-count complaint which was filed on the 14th of October claims that Steve Wynn violated suitability rules posed by the state’s regulator.
According to the same news outlet, Steve Wynn decided to respond with his own twenty-five-page motion in which he requests from the Nevada Gaming Control Board to dismiss the complaint owing to the fact that he has left the company and that he no longer has any power nor any financial interested in Wynn Resorts Limited which is behind iconic properties including Encore Boston Harbor and Wynn Las Vegas.
It was also reported by the same newspaper that Steve Wynn’s motion states that the Nevada Gaming Control Board does not hold any legal jurisdiction which will allow it to discipline an individual who is no longer involved with a company that holds gaming licenses issued by the state’s regulator. In his motion, Steve Wynn who resigned from his position at Wynn Resorts Limited also says that he no longer poses any kind of threat to the entertainment and gaming industry, as he retired from it.
Maintaining His Innocence
Steve Wynn has maintained his complete innocence since resigning from the company. However, the state’s regulator still has jurisdiction over Steve Wynn and nine other employees who have also resigned. Since it has jurisdiction, the Nevada Gaming Control Board placed administrative holds on gaming licenses for these individuals including Steve Wynn.
Nonetheless, Steve Wynn disagrees with this, so he used his recently filed motion to say that the five-count complaint by the state’s regulator does not cite any regulation or any statute which could provide it with the required ability to pose administrative holds on him nor on other individuals who were associated with Wynn Resorts Limited before resigning. The state’s regulator has until the 27th of November to respond to Steve Wynn’s motion after that the two parties could potentially face off in a court hearing in December.