Wynn Resorts caught by sexual misconduct wave

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In the latest allegations of sexual harassment sweeping the globe, founder, Chairman and CEO of Wynn Resorts, Steve Wynn, is denying multiple allegations of harassment and assault. More than one woman has come out and said they were sexually harassed or assaulted by Wynn who is also the Finance Chair of the Republican National Committee.

According to a report by the Wall Street Journal, dozens of people were interviewed, validating a pattern that has spanned decades of sexual misconduct with female workers. In its reporting, the WSJ said the publication sought out over 150 people who had worked for Wynn and that none of them had approached the publication on their own accord.

The report outlines that Steve Wynn’s actions were well known enough that employees would sometimes enter fake appointments in the books to help other female workers avoid him. In some cases, female employees in the salon would hide in back rooms if they knew he was on his way to the casino. However, many employees do not want to go on record for fear of losing their jobs.

It is known that one of the cases with a manicurist was settled out of court to the tune of US$7.5 million.

Wynn resorts has stated that there is a company hotline for employees to report harassment, and to date, no complaints have been made. Wynn’s company built the Golden Nugget, The Bellagio and Mirage Resorts in the heart of the town, along with its own brand resorts.

Wynn Resorts stock has tumbled due to the allegations, falling 9 percent today.