Longtime GOP Donor Steve Wynn Out as CEO of Wynn Resorts

The casino mogul has resigned as CEO of Wynn Resorts in wake of allegations of sexual misconduct.

Steve Wynn is officially out as CEO of Wynn Resorts.

This comes after a bombshell report from Wall Street Journal pointing to dozens of employee accounts that Wynn, 76, engaged in sexual misconduct over the years as head of his company. Those individuals allege that he forced them into sexual acts. Most prominently, the WSJ account also found that Wynn paid a $7.5 million settlement to a manicurist whom he forced sex on.

He continued, in a written statement, “We find ourselves in a world where people can make allegations, regardless of the truth, and a person is left with the choice of weathering insulting publicity or engaging in multi-year lawsuits. It is deplorable for anyone to find themselves in this situation.”

Mr. Wynn said that “the instigation of these accusations is the continued work of my ex-wife Elaine Wynn, with whom I am involved in a terrible and nasty lawsuit in which she is seeking a revised divorce settlement.”

Wynn also resigned as Finance Chair of the Republican National Committee earlier in January. Todd Ricketts, owner of the Chicago Cubs, succeeded him after his resignation.

Wynn was recently featured on the Fox News program "The Wise Guys" alongside Lt. Colonel Oliver North, former Press Secretary Ari Fliescher, Harvard University Professor Emeritus Alan Dershowitz, and former Reagan-era Education Secretary Bill Bennett. The channel has said Wynn won't appear on any future episodes of the series.

The Resurgent will have updates on the story as they come.

Regardless of what he may have done, or not, I don't like all the public shaming of acts that may or may not have been performed. This public shaming and ostracizing of people doesn't do or mean anything, except to the people who performed the act of outing it. Now, Fox has gotten in on the public shaming by keeping him off the air. How many more will jump on this version of #metoo? This stuff being put into the mainstream doesn't sway me one way or another. It is done to benefit someone monetarily, whether true or false. If it's sex, it sells. That's all I got out of this, and nothing else. Mission accomplished, though, to whoever got this out.