Steve Wynn Sells Third Of His Resort Shares Following Sex Misconduct Allegations
Embattled casino mogul Steve Wynn has cashed out more than one-third of his stake in the company that bears his name.
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Embattled casino mogul Steve Wynn has cashed out more than one-third of his stake in the company that bears his name.
Steve Wynn has stepped down as CEO of Wynn Resorts, the company said late Tuesday.
The University of Pennsylvania announced Thursday that it will remove casino mogul Steve Wynn's name from a campus plaza and revoke honorary degrees given to him and comedian Bill Cosby in the wake of sexual misconduct allegations against both men.
RNC chairwoman Ronna McDaniel said in a statement Saturday that she accepted Wynn's resignation.
The six applicants interested in a second casino license to be issued in Philadelphia showed their best hands this year.
Developer Bart Blatstein, one of the remaining applicants for Philadelphia's second casino license, says this week's withdrawal of Wynn's application removes what Blatstein calls a "distraction."
Wynn Resorts has withdrawn its licensing application for a second casino in Philadelphia.
Deputy Mayor Alan Greenberger told the panel at some point the city will make a recommendation, but for now, they're still evaluating each of the proposals.
Chris responds to the President's warnings about sequestration and is excited about a bill to finally privatize Pennsylvania's liquor stores. He talks to Wolgang Puck to discuss the OSCAR's Governor Ball that he will be catering and to Tom McGrath from the Philly Post. He also brings, Manning, the Piazza Pet of the Week in to get adopted.
The six applicants who are in a spirited competition for a second casino license to be issued in Philadelphia all made their presentations during an all-day hearing on Tuesday before the Pennsylvania Gaming Control Board.
The Pennsylvania Gaming Control Board says it has received six applications for Philadelphia's second casino license -- including one that wasn't on the radar screen until now.
One of the proposed locations for a second Philadelphia casino would place it blocks away from the first one, Sugarhouse, on the Delaware River Waterfront. And a local advocacy group has concerns.
Casino mogul Steve Wynn once again has big plans for Philadelphia.
The local investors who control the project announced Tuesday morning that they have reached agreement with Harrah's in which the casino firm will become both a minority investor and manager of the project.
A hearing is scheduled later this month as the process of revoking Foxwoods' casino license continues.