Steve Wynn has been living in a duplex villa at Wynn Resorts overlooking his golf course and valley mountains for the past decade.
In the swelling wake of sexual harassment allegations against former chairman and CEO Steve Wynn, a second group of shareholders filed a lawsuit Thursday against the resort company and its board of directors.
Lawyers for Kazuo Okada said the Japanese billionaire signed a consent to allow Elaine Wynn to sell her shares in Wynn Resorts on the presumption the company would lend him money. The loan never materialized and Okada now claims it resulted in increased financial costs for his Philippines casino project.
Lawyers for Elaine Wynn on Tuesday told a judge that claims that she sought to destroy her ex-husband’s business are “outrageous” and “false.”
The board of Wynn Resorts Ltd. is weighing its options in figuring out its next step, experts say.
How about the city condemn the Wynn and Encore hotels, fire all the employees and burn the buildings to the ground?
A special committee of the Wynn Resorts Ltd. board of directors that said it no longer needed independent outside counsel to complete an investigation of allegations against Steve Wynn on Monday hired a new law firm to assist in its review.
He built The Mirage, the Treasure Island, Bellagio, the Wynn and Encore. All so breathtaking.