Wynn continues plans in Macau and the US
Wynn Resorts tries to move on following the controversy that led to Steve Wynn’s resignation.
US.- As Wynn Resorts executives agreed on Steve Wynn’s resignation and set the conditions of his departure, the company confirmed it is still working on developing its plans in the United States and Macau. After the scandal involving sexual allegations against the founder and chief executive officer of Wynn Resorts, the casino operators are now focused on expanding the company’s services throughout the world.
“The idea is that our future projects are going to continue to be leading in innovation and creativity. We are continuing to move forward as fast as we can,” said the newly-appointed chief executive Matt Maddox this week.
Wynn Resort’s officials revealed yesterday that they have arrived at an agreement with former CEO and founder of the company as he faces legal allegations against him. Steve Wynn’s resignation will be completed by June, when he will leave his residence as the agreement demands. Furthermore, he will not receive any severance, nor financial compensation.
Maddox’s announcement also revealed that the company is planning to create an “innovation advisory team” to present unique development ideas for its future gaming salons in Asia and the US. Wynn Resorts is aiming to obtain a gaming license to install an integrated resort in the recently approved Japanese market.