Wynn developed luxury properties including the Golden Nugget, Mirage, Treasure Island, Bellagio, Wynn and Encore in Las Vegas Golden Nugget in Atlantic City, New Jersey Beau Rivage in Biloxi, Mississippi Wynn Macau in the Chinese gambling enclave and Encore Boston Harbor in Massachusetts. “Unsuitability” would be extraordinary for a man widely credited with starting a boom that grew Las Vegas Strip properties from gambling halls with all-you-can-eat buffets and showrooms into huge destination resorts featuring celebrity-chef restaurants, massive gambling floors, nightclubs and huge stage productions. Violating the agreement could lead to a finding of “unsuitability” for association with Nevada casinos and an additional fine. Wynn signed a seven-page document on July 17 acknowledging he had been accused of “failure to exercise discretion and sound judgment” to prevent actions that “reflected negatively on the reputation” of Nevada and its gambling industry. “I think it’s in everybody’s best interest to move forward,” she said.įorbes puts Wynn’s net worth at $3.2 billion, among the top 400 of its ranking of richest Americans. warrant at least the amount of fine that was negotiated.” Wynn made some incredible contributions, the nature of the allegations that were made and the history behind that. “It’s a huge blemish on the (casino) industry,” Commissioner Rosa Solis-Rainey said. “This stipulation,” Newby said, ”would bring this sordid affair to conclusion.”
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