View source for Steve Wynn

{{Short description|American casino mogul and art collector}}
{{for|the American singer/songwriter|Steve Wynn (musician)}}
{{Use mdy dates|date=July 2023}}
{{Infobox officeholder
| name        = Steve Wynn
| image       = Huntley-Wynn-CROP.jpg
| caption     = Wynn in June 2008
| office      = Finance Chair of the [[Republican National Committee]]
| term_start  = January 30, 2017
| term_end    = January 27, 2018
| predecessor = [[Lew Eisenberg]]
| successor   = [[Todd Ricketts]]
| birth_name  = Stephen Alan Weinberg
| birth_date  = {{birth date and age|1942|1|27}}
| birth_place = [[New Haven, Connecticut|New Haven]], [[Connecticut]], U.S.
| occupation  = Former [[Chief executive officer|CEO]] of [[Mirage Resorts]] (1973–2000)<br>Former [[CEO]] of [[Wynn Resorts]] (2002–2018)<br>Former [[Republican National Committee]] finance chairman (2017–2018)
| citizenship = United States<ref name="Forbes Billionaires">[https://www.forbes.com/profile/steve-wynn Steve Wynn profile – Forbes], Forbes.com. Retrieved April 25, 2025.</ref><br>[[Monaco]]<ref>{{Cite web|url=https://lasvegassun.com/news/2010/dec/27/steve-wynn-gets-citizenship-monaco-part-joint-vent/|title=Steve Wynn gets citizenship from Monaco as part of joint venture - Las Vegas Sun Newspaper|first=Steve|last=Green|date=December 27, 2010|website=lasvegassun.com}}</ref>
| alma_mater  = [[University of Pennsylvania]] ([[Bachelor of Arts|BA]])
| spouse      = {{plainlist|
* {{marriage|[[Elaine Wynn]]|1963|1986|end=div}}
* {{marriage||1991|2010|end=div}}
* {{Marriage|Andrea Hissom|2011}}
}}
| children    = 2
| website     = {{URL|steve-wynn.com/}}
}}
'''Stephen Alan Wynn''' ({{ne}} '''Weinberg'''; born January 27, 1942) is an American [[real estate]] developer and art collector. He was known for his involvement in the luxury [[casino]] and [[hotel industry]], prior to being forced to step down in 2018.<ref name="TimesLondon" /><ref name=":3">{{Cite news |last=Kirkham |first=Chris |date=February 7, 2019 |title=Steve Wynn to Step Down as Wynn Resorts CEO |url=https://www.wsj.com/articles/steve-wynn-to-step-down-as-wynn-resorts-ceo-1517972210 |access-date=May 29, 2019 |work=[[Wall Street Journal]]}}</ref> Early in his career he oversaw the construction and operation of several [[Las Vegas]] and [[Atlantic City]] hotels, including the [[Golden Nugget Las Vegas|Golden Nugget]], the [[Golden Nugget Atlantic City (1980-1987)|Golden Nugget Atlantic City]], [[The Mirage]], [[Treasure Island Hotel and Casino|Treasure Island]], the [[Bellagio (hotel and casino)|Bellagio]], and [[Beau Rivage (Mississippi)|Beau Rivage]] in [[Mississippi]], and he played a pivotal role in the development of the [[Las Vegas Strip]] in the 1990s.

In 2000, Wynn sold his company, [[Mirage Resorts]], to MGM Grand Inc., resulting in the formation of MGM Mirage (now [[MGM Resorts International]]). Wynn later took his company [[Wynn Resorts]] public in an [[initial public offering]] and was Wynn Resorts' CEO and Chairman of the Board until February 6, 2018, when he announced his resignation. He is a prominent donor to the [[Republican Party (United States)|Republican Party]] and was the finance chair of the [[Republican National Committee]] from January 2017 to January 2018, when he resigned amid [[sexual misconduct]] allegations, which Wynn has denied. On February 6, 2018, Wynn stepped down as CEO of Wynn Resorts.<ref name="par">{{cite web| url=https://www.icij.org/investigations/paradise-papers/us-president-donald-trumps-influencers/ |title=The Offshore Story of Steve Wynn |date=November 5, 2017 | publisher=International Consortium of Investigative Journalists}}</ref><ref name="politico.resignation">{{cite news |last= Isenstadt |first=Alex |date=January 27, 2018 |title=RNC finance chair Steve Wynn resigns after sexual harassment allegations |url=https://www.politico.com/story/2018/01/27/steve-wynn-resign-rnc-finance-chair-sexual-misconduct-accusations-373768 |work=Politico |location=Washington DC |access-date=January 27, 2018 }}</ref>

Through Wynn Resorts, he has overseen the construction and development of several luxury resorts, opening [[Wynn Las Vegas]] in 2005, [[Wynn Macau]] in 2006, [[Encore Las Vegas]] in 2008, Encore at Wynn Macau in 2010 and [[Wynn Palace]] in Macau in 2016, and Wynn Everett near [[Boston]] which opened in June 2019 under the name [[Encore Boston Harbor]]. In 2006, Wynn was inducted into the [[American Gaming Association]] [[Hall of Fame]].<ref>{{Cite book|last=Roman|first=James|url=https://books.google.com/books?id=Fg5MBAAAQBAJ&q=2006+wynn+american+gambling+hall+of+fame&pg=PA200|title=Chronicles of Old Las Vegas: Exposing Sin City's High-Stakes History|date=October 1, 2011|publisher=Museyon Inc|isbn=978-0-9846334-1-8|language=en}}</ref> As of April 2025, Wynn's net worth was estimated by ''[[Forbes]]'' at $3.7 billion.<ref name="Forbes Billionaires"/> Steve Wynn collects [[fine art]], including pieces by artists such as [[Picasso]] and [[Claude Monet]].<ref>{{Cite web|title=7 of Steve Wynn's most notable art purchases |url=https://lasvegassun.com/news/2011/jul/09/seven-wynns-notable-art-purchases/|last=Clifford-Cruz|first=Rebecca|date=July 9, 2011|website= Las Vegas Sun Newspaper|language=en|access-date=May 11, 2020}}</ref>

==Early life and education==
Steve Wynn was born Stephen Alan Weinberg on January 27, 1942, in [[New Haven, Connecticut]], to a [[Jews|Jewish]] family. His father, Michael, owned a chain of [[Bingo (U.S.)|bingo]] parlors in the eastern United States. His mother Zelma (née Kutner), was from Maine.<ref>{{Cite web|title=Zelma Wynn Obituary (2003) San Diego Union-Tribune|url=https://www.legacy.com/us/obituaries/sandiegouniontribune/name/zelma-wynn-obituary?pid=1235044|access-date=July 21, 2021|website=Legacy.com}}</ref> Wynn’s father changed the family's last name in 1946 from "Weinberg" to "Wynn" when Steve was 4 years old "to avoid anti-Jewish discrimination".<ref name="TimesLondon" /> Wynn was raised in [[Utica, New York|Utica]], [[New York (state)|New York]], and graduated from [[Manlius Pebble Hill|The Manlius School]], a private boys' school east of [[Syracuse, New York|Syracuse]], New York, in 1959.<ref name="swcmunk"/>

After high school, Wynn studied [[English literature]] at the [[University of Pennsylvania]], where he was a member of the [[Sigma Alpha Mu]] fraternity.<ref name="swcmunk"/> Wynn graduated in 1963 with a [[Bachelor of Arts]]. Shortly before graduation, his father died during heart surgery, leaving $350,000 in gambling debts. Wynn, who had been accepted into [[Yale Law School]], relinquished his admission and instead took over his family's bingo parlor in [[Waysons Corner, Maryland]].<ref name="swcmunk"/>

==Career==
===Frontier and the Golden Nugget (1967–1989)===
{{See also|New Frontier Hotel and Casino|Golden Nugget Las Vegas|The Atlantic Club Casino Hotel}}
In 1967, Wynn and his family moved to [[Las Vegas]] where he purchased a small stake in the [[New Frontier Hotel and Casino|Frontier Hotel and Casino]].<ref name="swcmunk"/> That year he met [[E. Parry Thomas]], the president of the Bank of Las Vegas, which was the only bank at the time willing to extend loans to Las Vegas casinos,<ref name="swcmunk"/> and Thomas helped finance several of Wynn's early land deals.<ref name="swcmunk"/> 

In 1971, Wynn bought a controlling interest in the [[Golden Nugget Las Vegas]], one of the oldest casinos in the city.<ref>{{Cite magazine|title=Steve Wynn: The Uncrowned King of Las Vegas|url=https://www.vanityfair.com/news/2005/06/steve-wynn-las-vegas-resort|last=Munk|first=Nina|magazine=Vanity Fair|date=April 24, 2014|language=en|access-date=May 11, 2020}}</ref> His company stake increased so that, in 1973, he became the majority shareholder, and the youngest casino owner in Las Vegas.<ref>{{cite web |url=https://abcnews.go.com/Nightline/Story?id=3650310&page=1 |title=Steve Wynn's Vegas Vision Turned Into Reality |website = ABC News}}</ref> In 1977 he opened the Golden Nugget's first hotel tower, followed by several others. [[Frank Sinatra]] was a periodic headliner at the Golden Nugget,<ref name="NYT">{{cite news| author= Stephen Holden |url=https://www.nytimes.com/learning/general/onthisday/bday/1212.html |work=The New York Times |title=Frank Sinatra Dies at 82; Matchless Stylist of Pop | date=May 16, 1998 | access-date=July 30, 2013}}</ref> and Wynn has since maintained a relationship with the Sinatra family, even naming a restaurant at [[Encore Las Vegas|Encore]] "Sinatra".<ref name="PPG">{{cite news | url=http://www.post-gazette.com/stories/sectionfront/life/new-wynn-resort-encore-opens-in-vegas-with-sinatra-restaurant-288950/ | archive-url=https://archive.today/20130730212505/http://www.post-gazette.com/stories/sectionfront/life/new-wynn-resort-encore-opens-in-vegas-with-sinatra-restaurant-288950/ | url-status=dead | archive-date=July 30, 2013 | work=The Pittsburgh Post-Gazette | title=New Wynn resort, Encore, opens in Vegas with Sinatra restaurant | date=January 8, 2009 | access-date=July 21, 2013 }}</ref>

In 1980, Wynn began construction on the [[Golden Nugget Atlantic City (1980-1987)|Golden Nugget Atlantic City]] in [[Atlantic City, New Jersey]]. It was Atlantic City's first and only "[[locals casino]]" and the city's sixth casino after the city legalized gambling in 1976.<ref>{{Cite book|last=Sheehan|first=Jack|title=The Players: The Men Who Made Las Vegas|publisher=University of Nevada Press|year=1997|location=Reno, NV}}</ref> [[Joel Bergman]], who designed Wynn's other resorts, designed the Golden Nugget. Though at its opening it was the second smallest casino in the city, by 1983 it was the city's top earning casino.<ref>{{cite web|url=http://www.casinoconnectionac.com/department/AC_History/December__2008|title=AC History - Casino Connection Atlantic City|access-date=December 21, 2014|archive-date=March 29, 2015|archive-url=https://web.archive.org/web/20150329232959/http://www.casinoconnectionac.com/department/AC_History/December__2008|url-status=dead}}</ref> Wynn sold the Atlantic City Golden Nugget in 1987 for $440 million.<ref name="swcmunk"/>

===The Mirage and Treasure Island (1989–1997)===
{{See also|The Mirage|Treasure Island Hotel and Casino}}
[[File:Las Vegas (Nevada, USA), The Strip -- 2012 -- 6215.jpg|thumb|left|260px|Wynn's first major Las Vegas Strip casino was [[The Mirage]].]]
Wynn's first major casino on the [[Las Vegas Strip]] was [[The Mirage]], which opened on November 22, 1989.<ref name = "PBS">{{cite web|url= https://www.pbs.org/wttw/ceoexchange/episodes/ceo_swynn.html|archive-url= https://web.archive.org/web/20071025050018/http://www.pbs.org/wttw/ceoexchange/episodes/ceo_swynn.html|url-status= dead|archive-date= October 25, 2007|title = Biography: Stephen A. Wynn|publisher = PBS|access-date = June 11, 2013}}</ref> It was the first time Wynn was involved with the design and construction of a casino, and he financed the $630 million project largely with [[high-yield debt|high-yield bonds]] issued by [[Michael Milken]]. Its construction is also considered noteworthy in that The Mirage was the first casino to use security cameras full-time on all table games.<ref>Arnold M. Knightly (February 25, 2007), ''[http://www.casinocitytimes.com/news/article.cfm?contentID=164381 Blink and you'll miss him]'', Las Vegas Review-Journal, Page 1E.</ref> The hotel became the main venue for the ''[[Siegfried & Roy]]'' show in 1990, and in 1993 the hotel hosted the [[Cirque du Soleil]] show ''[[Nouvelle Expérience]]''.<ref>{{Cite web|title=Circus With An Attitude|url=https://www.chicagotribune.com/news/ct-xpm-1993-07-25-9307250077-story.html|last=Christiansen|first=Richard |website=Chicago Tribune|date=July 25, 1993 |language=en-US|access-date=May 11, 2020}}</ref>

During this period, [[University of Michigan]] students [[Bobby Kotick]] and Howard Marks sought Wynn's funding for Arktronics, their [[Startup company|start-up]] developing [[Graphical user interface|GUI]]-based [[integrated software]]. According to Kotick, he and Marks met Wynn at the Dallas “Cattle Baron’s Ball” in September 1983; Wynn invited them onto his private [[McDonnell Douglas DC-9]] for the flight to [[Atlantic City]] and, upon their arrival, wrote a US $300 000 check in the Golden Nugget’s basement office to capitalise their start‑up.<ref name="Kotick2025">{{cite podcast |title=The King of Gaming: How Bobby Kotick Built and Sold Activision Blizzard for $69 billion |website=Big Shot |host=Harley Finkelstein; David Segal |url=https://www.youtube.com/watch?v=q88KSCK2SeQ&t=1597s |time=26:37–33:16 |date=10 April 2025 |access-date=5 June 2025 |language=en}}</ref>

Kotick added that Wynn initially took a “one‑third, one‑third, one‑third” equity split with the two students and told them “contracts schmantracts—you’re family now,” but he declined to invest further after their software venture stalled.<ref name="Kotick2025"/>
Wynn accepted their request, claiming that Thomas had financed his early land deals on the condition that Wynn someday mentor another entrepreneur. Aside from Wynn's $300,000 investment in Arktronics to fund the development of [[Jane (software)|Jane]], he later provided funding for a [[hostile takeover]] of [[Activision]] that ultimately allowed Kotick to become its CEO until Microsoft's 2023 acquisition of [[Activision Blizzard]] for $68.7 billion.<ref>{{Cite book |last=Schreier |first=Jason |title=Play Nice: The Rise, Fall, and Future of Blizzard Entertainment |date=October 2024 |publisher=[[Grand Central Publishing]] |isbn=9781538725429 |location=[[New York City]] |pages=125–131}}</ref>

Wynn's next project, [[Treasure Island Hotel and Casino]], opened in the Mirage's old parking lot on October 27, 1993, at an overall cost of $450 million. The establishment was the home of the first permanent Cirque du Soleil show in Las Vegas.<ref name="nextdoor">{{cite web|title='Mystere' worker recalls uncertain times during show's birth|url=http://www.reviewjournal.com/lvrj_home/2003/Jun-17-Tue-2003/news/21544998.html|archive-url=https://web.archive.org/web/20030810232444/http://www.reviewjournal.com/lvrj_home/2003/Jun-17-Tue-2003/news/21544998.html|url-status=dead|archive-date=August 10, 2003|author=Norm Clarke|date=June 17, 2003|work=[[Las Vegas Review-Journal]]|access-date=June 28, 2008}}</ref>

In 1995, Wynn's company proposed to build the [[List of Atlantic City casinos that never opened#Le Jardin|Le Jardin]] hotel-casino in the marina area if the state of [[New Jersey]] built a road that connected to the hotel-casino. The company had also agreed to allow [[Circus Circus Enterprises]] and [[Boyd Gaming]] to build casinos on the site but later reneged on the agreement. While the road, called the [[Atlantic City-Brigantine Connector]], was eventually built, Le Jardin was cancelled after the company was acquired in 2000 by [[MGM Grand Inc.]], which later built the [[Borgata]], in a joint venture with [[Boyd Gaming]], on the site.<ref>{{cite web|url=http://www.atlanticcitytripping.com/cityboom/blog/2/the-tale-of-mgm-grand-atlantic-city-borgata-and-le-jardin/|title=The Tale of MGM Grand Atlantic City, Borgata and Le Jardin - Atlantic City Casino Travel Blog - AtlanticCityTripping.com|last=AtlanticCityTripping.com|access-date=June 15, 2016|archive-date=August 11, 2016|archive-url=https://web.archive.org/web/20160811065011/http://www.atlanticcitytripping.com/cityboom/blog/2/the-tale-of-mgm-grand-atlantic-city-borgata-and-le-jardin/|url-status=dead}}</ref><ref>{{cite web |last1=Good |first1=Dan |title=When Atlantic City projects had to be big, so were the ideas ... and the failures |url=https://pressofatlanticcity.com/when-atlantic-city-projects-had-to-be-big-so-were/article_ef786d9c-5f57-11df-8887-001cc4c03286.html |website=The Press of Atlantic City |archive-url=https://archive.today/20250506191103/https://pressofatlanticcity.com/when-atlantic-city-projects-had-to-be-big-so-were/article_ef786d9c-5f57-11df-8887-001cc4c03286.html |archive-date=May 6, 2025 |date=May 14, 2010}}</ref><ref>{{cite news |title=Mirage Reshuffles Deal in Mega-Resort Plan |url=https://news.google.com/newspapers?nid=1356&dat=19980121&id=-PBPAAAAIBAJ&sjid=ZAgEAAAAIBAJ&pg=3599,3074777 |work=Ocala Star-Banner |date=January 12, 1998}}</ref>

===Bellagio and Beau Rivage debuts (1998–1999)===
{{See also|Bellagio (resort)|Beau Rivage (Mississippi)}}
[[File:Bellagio Fountains at night.jpg|thumb|right|250px|Wynn's company [[Mirage Resorts]] oversaw the construction of the [[Bellagio (resort)|Bellagio]], which at the time was the most expensive hotel in the world.]]
On October 15, 1998, Wynn opened the even more opulent [[Bellagio (resort)|Bellagio]], a $1.6 billion resort considered among the world's most spectacular hotels.<ref name="LAT">{{cite news|url=https://www.latimes.com/custompublishing/vegas/la-swim-class-20120605-001,0,6107459.photo|archive-url=https://web.archive.org/web/20120823184724/http://www.latimes.com/custompublishing/vegas/la-swim-class-20120605-001,0,6107459.photo|url-status=dead|archive-date=August 23, 2012|title = The spectacular fountain-fed pool at Bellagio|newspaper = Los Angeles Times|access-date = June 11, 2013}}</ref> The architect was [[Jon Jerde]] of The Jerde Partnerships, and construction was undertaken by Wynn's company [[Mirage Resorts|Mirage Resorts, Inc.]] When built, the Bellagio was the most expensive hotel in the world. In front of the hotel are the Fountains of Bellagio—shooting fountains choreographed to music that "dance" on the hotel's 8.5-acre man-made lake—which are now considered Las Vegas landmarks. The Bellagio is credited with starting a new spree of luxurious developments in Las Vegas. Among these developments include [[The Venetian (Las Vegas)|The Venetian]], [[Mandalay Bay Resort and Casino|Mandalay Bay]], and [[Paris Las Vegas]].<ref name = "ILA">{{cite web|url=http://inlandarchitectmag.com/pdf/Bellagio.pdf|title = Big, Bigger, and Bellagio|publisher = Inland Architecture Magazine |archive-url=https://web.archive.org/web/20110713034910/http://inlandarchitectmag.com/pdf/Bellagio.pdf |archive-date=July 13, 2011 |url-status=dead |access-date = June 11, 2013}}</ref>

Wynn brought Mirage Resorts' style to [[Biloxi]], [[Mississippi]], in 1999, where he oversaw development of the 1,835-room [[Beau Rivage (Mississippi)|Beau Rivage]]. Themed to blend Mediterranean beauty with Southern hospitality, the resort was part of a building boom that established Biloxi as a regional tourism center along the [[Mississippi Gulf Coast]]. ''Beau Rivage'' was originally the name Wynn wanted to give the Bellagio, though he had decided on ''Bellagio'' after vacationing in [[Bellagio (Italian region)|the Italian region of the same name]].<ref name = "TFL">{{cite web|url = http://www.thefreelibrary.com/Mirage+Resorts+renames+newest+Las+Vegas+resort+Bellagio.-a017247424|title = Mirage Resorts renames newest Las Vegas resort Bellagio|publisher = Business Wire|access-date = June 11, 2013|archive-date = May 25, 2013|archive-url = https://web.archive.org/web/20130525221318/http://www.thefreelibrary.com/Mirage+Resorts+renames+newest+Las+Vegas+resort+Bellagio.-a017247424|url-status = dead}}</ref> Beau Rivage opened as the largest hotel-casino to be built outside Nevada.<ref name="swbwnnlead"/> The casino was initially located on a series of floating barges, as local law confined all casinos to mobile marine vessels at the time. The hotel, restaurants, and associated facilities were constructed on land.<ref>{{Cite news|last1=Belson|first1=Ken|last2=Rivlin|first2=Gary|date=September 7, 2005|title=The Perils of Casinos That Float|language=en-US|work=The New York Times|url=https://www.nytimes.com/2005/09/07/business/the-perils-of-casinos-that-float.html|access-date=May 11, 2020|issn=0362-4331}}</ref>

===Wynn Las Vegas and Macau (2000–2007)===
{{See also|Wynn Resorts|Wynn Las Vegas|Wynn Macau}}
[[File:Wynn Las Vegas, Las Vegas, Nevada (2579487208).jpg|thumb|[[Wynn Las Vegas]]]]
Mirage Resorts was sold to [[MGM Grand Inc.]] for $6.6 billion ($21 per share) in June 2000 to form [[MGM Mirage]]. Five weeks before the deal was closed (April 27, 2000) Wynn purchased the [[Desert Inn]] for $270 million. He closed Desert Inn later that year.

Wynn took [[Wynn Resorts|Wynn Resorts Limited]] public in 2002. Wynn became a billionaire in 2004, when his [[net worth]] doubled to $1.3 billion.<ref>{{Cite web|url=https://hp.myway.com/myway/index.html?section=news&feed=ap&src=601&news_id=ap-d859pc0o0&date=20040923|archiveurl=https://web.archive.org/web/20050313165956/http://finance.myway.com/jsp/nw/nwdt_rt.jsp?section=news&feed=ap&src=601&news_id=ap-d859pc0o0&date=20040923|url-status=dead|title=MyWay|archivedate=March 13, 2005|website=hp.myway.com}}</ref> On April 28, 2005, he opened his most expensive resort at the time, the [[Wynn Las Vegas]], on the site of the former Desert Inn. Built at a cost of $2.7 billion, it was the largest privately funded construction project in the nation as of 2005.<ref name="sweToday">{{cite news| title =Wynn Vegas Opens| url=http://usatoday30.usatoday.com/travel/hotels/2005-04-28-wynn-vegas-opens_x.htm| newspaper=[[USA Today]]| date =April 28, 2005| access-date = May 27, 2015}}</ref>

Wynn successfully bid for one of three gaming concessions opened for tender in [[Macau]].<ref name="largestgaming">Wiseman, Paul. (January 22, 2007) [https://www.usatoday.com/travel/destinations/2007-01-22-macau-1a-usat_x.htm Macau leads Las Vegas in gambling –]. Usatoday.com.</ref> This property, known as [[Wynn Macau]], opened on September 5, 2006.

===Encore hotels and other projects (2008–2018)===
{{Main|Encore Las Vegas|Wynn Palace|Wynn Boston Harbor}}
[[File:DSC32252, The Encore Hotel, Las Vegas, Nevada, USA (6341141807).jpg|thumb|left|250px|The Encore Hotel in Las Vegas, showing the "esplanade" shops inside the buildings.]]
[[File:Encore, Las Vegas June 2013.jpg|thumb|180px|[[Encore Las Vegas]] (pictured) was opened in 2008 on the same property as [[Wynn Las Vegas]], though they are separate hotels and casinos.]]
In the summer of 2008, hiring began for [[Encore Las Vegas]], the newest in Wynn's collection of resorts. The tower of Encore is modeled after the Wynn Las Vegas tower, and they share the same "property" though they are separate hotels.<ref name="SEC2013"/> After having started construction in 2006, the overall cost of the project equaled $2.3 billion.<ref>{{cite news|first=Norm|last=Clarke|author-link=Norm Clarke|title=NORM: Jacko turns down Wynn Encore gig|url=http://www.lvrj.com/news/33714484.html|newspaper=[[Las Vegas Review-Journal]]|date=November 2, 2008|access-date=November 18, 2008}}</ref> Encore opened on December 22, 2008. As of December 31, 2012, Wynn and Encore Las Vegas employed approximately 9,000 full-time employees.<ref name="SEC2013">{{cite web|url=http://edgar.secdatabase.com/736/119312513087674/filing-main.htm |title=Wynn Resorts LTD., Form 10-K, Filing Date March 1, 2013 |publisher=secdatabase.com |access-date =July 25, 2013}}</ref> [[Wynn Macau|Encore at Wynn Macau]], an expansion of Wynn Macau similar to the expansion of the Las Vegas property, opened on April 21, 2010.<ref>{{Cite web|title=THE INCREDIBLE LIFE OF STEVE WYNN: How A Small-Time Bingo Operator Became One Of The World's Biggest Hotel Moguls|url=https://www.businessinsider.com/steve-wynn-las-vegas-biography-2011-7|last=Zeveloff|first=Julie|website=Business Insider|access-date=May 11, 2020}}</ref>

In 2016, Wynn opened the Wynn Palace in [[Cotai]], Macao, PRC.<ref>{{Cite news |last=Northrop |first=Katrina |date=December 4, 2022 |title=The $50 Million Question |work=[[The Wire China]] |url=https://www.thewirechina.com/2022/12/04/steve-wynn-and-the-50-million-question/ |access-date=December 5, 2022}}</ref> It was previously approved by the Macau government in 2012.<ref>{{Cite web|title=Wynn Resorts shifting table games to new Macau resort|url=https://www.reviewjournal.com/business/casinos-gaming/wynn-resorts-shifting-table-games-to-new-macau-resort/|date=August 16, 2016|website=Las Vegas Review-Journal|language=en-US|access-date=May 11, 2020}}</ref>

In September 2014, Wynn was awarded the license to build the [[Encore Boston Harbor]] casino (originally to be named Wynn Boston Harbor) in the eastern [[Massachusetts]] city of [[Everett, Massachusetts|Everett]], near downtown [[Boston]].<ref name="wcvb"/>

In 2018, [[The Wall Street Journal|''The'' ''Wall Street Journal'']] reported that some people recounted a pattern of sexual misconduct by Wynn, including several former employees.<ref name="auto1">{{cite news |last1=Berzon |first1=Alexandra |last2=Kirkham |first2=Chris |last3=Bernstein |first3=Elizabeth |last4=O'Keeffe |first4=Kate |date=January 27, 2018 |title=Dozens of People Recount Pattern of Sexual Misconduct by Las Vegas Mogul Steve Wynn |url=https://www.wsj.com/articles/dozens-of-people-recount-pattern-of-sexual-misconduct-by-las-vegas-mogul-steve-wynn-1516985953 |work=[[The Wall Street Journal]]}}</ref><ref>{{Cite news|date=January 26, 2018|title=Stephen Wynn, Casino Mogul, Accused of Decades of Sexual Misconduct|language=en|work=The New York Times|url=https://www.nytimes.com/2018/01/26/business/steve-wynn-sexual-misconduct-claims.html}}</ref> On February 6, 2018, Wynn stepped down as CEO of Wynn Resorts, though he denied all allegations.<ref name=":1">{{cite web|title=Steve Wynn is out as CEO of Wynn Resorts|author=Everett Rosenfeld|url=https://www.cnbc.com/2018/02/06/steve-wynn-is-out-as-ceo-of-wynn-resorts.html|website=[[CNBC]] |date=February 6, 2018}}</ref><ref name=":2">{{Cite news|url=https://www.nytimes.com/2018/05/10/business/steve-wynn-elaine-wynn.html|title=With Steve Wynn Gone, 'Queen of Las Vegas' Does Boardroom Battle|first=James B.|last=Stewart|newspaper=The New York Times|date=May 10, 2018}}</ref><ref name="auto1" />

==Political activities==
In the past, Wynn has financially supported both Democratic<ref name="givingrags">{{cite web|title=Wynn's political gifts raise questions|url=https://www.bostonglobe.com/metro/2014/08/09/wynn-political-gifts-raise-questions/Xncd4JuxEIugC4Z2mszMwJ/story.html|last1=Phillips|first1=Frank|website=www.bostonglobe.com|publisher=The Boston Globe|access-date=August 10, 2014}}</ref> and [[Republican Party (United States)|Republican Party]] efforts.<ref name="givingrags" /> In 2011 he spoke in support of [[Nevada]] Senator [[Harry Reid]].<ref name="realpolitics">Schwartz, Ian. (July 18, 2011) [http://www.realclearpolitics.com/video/2011/07/18/wynn_slams_obama_on_business_responsible_for_this_fear_in_america.html Wynn Slams Obama On Business]. RealClearPolitics.</ref> Wynn supported [[Barack Obama]] in the [[2008 United States presidential election|2008 election]].<ref>{{Cite web|title=Casino magnate Steve Wynn trashes Obama|url=https://money.cnn.com/2011/07/19/news/companies/wynn_obama/index.htm|last=Riley|first=Charles|website=CNNMoney|access-date=May 11, 2020}}</ref>

In December 2010, Prince [[Albert II of Monaco]] bestowed [[Monaco|Monegasque]] citizenship to Wynn, an unusual act since Wynn did not meet the prerequisites. According to the ''[[Las Vegas Sun]]'', Wynn was given citizenship when he agreed to be an outside director in Monaco QD International Hotels and Resorts Management, which is a joint venture between the governments of Monaco and Qatar. The organization buys and manages hotels in Europe, the Middle East and North America.<ref name="lasvegassun">{{cite news|last=Green|first=Steve|date=December 27, 2010|title=Steve Wynn gets citizenship from Monaco as part of joint venture|newspaper=[[Las Vegas Sun]]|url=http://lasvegassun.com/news/2010/dec/27/steve-wynn-gets-citizenship-monaco-part-joint-vent/|access-date=August 17, 2015}}</ref>

Between 2012 and 2018, Wynn contributed more than $2.5 million to the [[Republican Governors Association]] and also donated $411,000 to the [[National Republican Senatorial Committee]], $248,000 to the [[Republican National Committee]], and $100,000 to the [[National Republican Congressional Committee]].<ref name="IsenstadtResigns">Alex Isenstadt, [https://www.politico.com/story/2018/01/27/steve-wynn-resign-rnc-finance-chair-sexual-misconduct-accusations-373768 RNC finance chair Steve Wynn resigns after sexual harassment allegations], ''Politico'' (January 27, 2018).</ref> In 2016, Wynn donated $833,000 to [[Republican Party (United States)|Republican Party]] joint fundraising committees.<ref name="auto">Saunders, Debra J. "[https://www.reviewjournal.com/news/politics-and-government/nevada/steve-wynn-named-rnc-finance-chairman/ Steve Wynn named RNC finance chairman]." ''Las Vegas Review-Journal'', January 30, 2017.</ref> After [[Donald Trump]] won the [[2016 U.S. presidential election]], Wynn was named a vice-chairman of Trump's inauguration committee.<ref>"[http://www.ktnv.com/news/political/adelson-wynn-among-trumps-inaugural-committee Adelson, Wynn among Trump's inaugural committee]." Associated Press, November 15, 2016</ref>

After the January 2017 [[First inauguration of Donald Trump|inauguration of Donald Trump]], Wynn was named finance chairman of the [[Republican National Committee]].<ref name="auto" /> In October 2017 ''The Wall Street Journal'' reported that Wynn, who has financial interests in China, [[Lobbying|lobbied]] President Trump on behalf of the Chinese government to return a Chinese whistleblower, [[Guo Wengui]], to China.<ref name=":0">[https://www.wsj.com/articles/chinas-hunt-for-guo-wengui-a-fugitive-businessman-kicks-off-manhattan-caper-worthy-of-spy-thriller-1508717977 China’s Pursuit of Fugitive Businessman Guo Wengui Kicks Off Manhattan Caper Worthy of Spy Thriller], ''The Wall Street Journal'', October 22, 2017</ref><ref>[https://foreignpolicy.com/2017/10/23/the-chinese-have-cracked-the-code-for-communicating-with-trump-guo-wengui-beijing/ The Chinese Have Cracked the Code for Communicating With Trump], [[Foreign Policy]], October 23, 2017</ref> On January 28, 2018, Wynn resigned from the finance chairman position amid sexual misconduct allegations.<ref name="IsenstadtResigns" /><ref>{{cite news|title=Stephen Wynn Steps Down From R.N.C. Post After Sexual Misconduct Claims|url=https://www.nytimes.com/2018/01/27/us/politics/steve-wynn-rnc-resignation.html|last1=Cochrane|first1=Emily|last2=Vogel|first2=Kenneth P.|newspaper=The New York Times|date=January 28, 2018}}</ref> In May 2021, the [[United States Department of Justice|Department of Justice]] ordered Wynn to register as a [[Foreign Agents Registration Act|foreign agent]] of China,<ref>{{cite news |last1=Herbert |first1=Geoff |title=DOJ ordering CNY native Steve Wynn to register as foreign lobbyist (report) |url=https://www.syracuse.com/us-news/2021/05/doj-ordering-cny-native-steve-wynn-to-register-as-foreign-lobbyist-report.html |access-date=May 27, 2021 |work=[[The Post-Standard]] |date=May 27, 2021 |language=en}}</ref> and filed a civil lawsuit.<ref>{{cite news |author1=Isaac Stanley-Becker |author2=Spencer S. Hsu |date=May 17, 2022 |title=U.S. sues to compel casino mogul Steve Wynn to register as agent of China |newspaper=The Washington Post |url=https://www.washingtonpost.com/politics/2022/05/17/us-sues-steve-wynn-china/}}</ref> He denied acting as a foreign agent and lobbying on China's behalf. The case was dismissed in October 2022.<ref>{{cite news |last1=Gurman |first1=Sadie |title=Steve Wynn Can't Be Forced to Register as Foreign Agent, Judge Rules |url=https://www.wsj.com/articles/steve-wynn-cant-be-forced-to-register-as-foreign-agent-judge-rules-11665597860 |work=The Wall Street Journal |date=October 12, 2022}}</ref><ref>{{cite news |last1=Hsu |first1=Spencer S. |title=Judge rejects DOJ bid to compel Steve Wynn to register as China agent |url=https://www.washingtonpost.com/dc-md-va/2022/10/12/wynn-doj-lawsuit-tossed-foreign-agent/ |newspaper=The Washington Post |date=October 12, 2022}}</ref>

Together with his spouse, Wynn contributed $1.5{{nbsp}}million to [[Donald Trump]]'s [[Donald Trump 2020 presidential campaign|2020 presidential campaign]].<ref name="Trump 2020 donors">{{cite web |title=Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign |url=https://www.forbes.com/sites/michelatindera/2021/02/19/here-are-the-billionaires-who-donated-to-donald-trumps-2020-presidential-campaign/ |website=Forbes |accessdate=28 March 2024}}</ref>

==Art collecting==
[[File:Close to the Wizard of Oz by Julian Hatton.jpg|thumb|right|Wynn is a collector of fine art and has bought numerous works by artists such as [[Paul Cézanne]], [[Paul Gauguin]], [[Vincent van Gogh]], [[Julian Hatton]], [[Édouard Manet]], [[Henri Matisse]], [[Pablo Picasso]], [[Andy Warhol]], and [[Johannes Vermeer]].<br>''Close to the Wizard of Oz'' by Julian Hatton.<ref name=twsV21>{{cite news|title= Part II: Steve Wynn discusses the future of his business|work=wn.com|quote= Wynn owns an extensive art collection including paintings by Paul Cézanne, Paul Gauguin, Vincent van Gogh, Julian Hatton...|year= 2010|url= http://wn.com/Steve_Wynn_%28entrepreneur%29|access-date=June 22, 2011
}}</ref>]]
Wynn is known for amassing a large collection of [[fine art]], often placing the pieces in his various casinos and hotels. In 2004, Wynn purchased [[Johannes Vermeer|Vermeer]]'s ''[[A Young Woman Seated at the Virginals]]'' at a [[Sotheby's]] auction for $30 million. With the purchase, he became the first art collector to purchase a Vermeer painting in over 80 years.<ref name="winnsnotable"/> Wynn later sold the painting to the Leiden Collection owned by [[Thomas Kaplan]] for the same price.<ref>{{Cite web|title=Wynn sells rare Dutch painting|url=https://www.reviewjournal.com/news/wynn-sells-rare-dutch-painting/|date=October 27, 2008|website=Las Vegas Review-Journal|language=en-US|access-date=May 11, 2020}}</ref>

In 2006, Wynn acquired [[J. M. W. Turner]]'s ''Giudecca, La Donna Della Salute and San Giorgio'' for $35.8 million via an anonymous telephone auction. Although Wynn did not officially identify himself as the buyer, his identity was confirmed by two people acquainted with the transaction. Wynn purchased the painting from the St. Francis of Assisi Foundation, a [[White Plains, New York|White Plains]]-based nonprofit organization that supports Capuchin priests on their missionary trips.<ref name="newyortimes"/>

Steve Wynn's private art collection with specific commentary about his paintings by [[Claude Monet]] are highlighted in the 2008 film ''Monet's Palate''<ref>[[Las Vegas Sun]] [http://www.lasvegassun.com/news/2008/mar/24/bit-wynn-film-explores-monets-passion-food/#axzz2VIqeKgW2 Explore passion] (March 24, 2008)</ref> with [[Meryl Streep]] and distributed by [[American Public Television]]. The collection was on display at the [[Nevada Museum of Art]] in [[Reno, Nevada|Reno]] while the Wynn Las Vegas was being constructed and was installed in the resort shortly before it was opened. The Wynn Las Vegas gallery, which had charged an entrance fee, closed shortly after the start of 2006.<ref>{{Cite web|title=Vegas, say goodbye to Guggenheim - Las Vegas Sun Newspaper|url=https://lasvegassun.com/news/2008/apr/10/vegas-say-goodbye-guggenheim/|last=Peterson|first=Kristen|date=April 10, 2008|website=lasvegassun.com|language=en|access-date=May 11, 2020}}</ref>

In 2009, he spent $33.2 million on [[Rembrandt]]'s ''[[Portrait of a Man with Arms Akimbo|Man with His Arms Akimbo]]'', the auction record for the artist.<ref>{{cite news|author=Vogel, Carol|title=Rembrandt Buyer Is Said to Be Stephen Wynn|url=https://www.nytimes.com/2009/12/19/arts/design/19rembrandt.html|date=December 18, 2009|work=The New York Times|access-date=December 18, 2009}}</ref>

Under the direction of Steve Wynn, Wynn Resorts acquired [[Jeff Koons]]'s ''Tulips'' at auction in November 2012 for approximately $33.6 million.<ref name="LASVS">{{cite news|author=Leach, Robin |title=Steve Wynn's $33.6 million Jeff Koons sculpture Tulips goes on display in Las Vegas |url=http://www.lasvegassun.com/news/2013/feb/01/steve-wynn-33-million-jeff-koons-sculpture-tulips-/ |date=February 1, 2013|work=Las Vegas Sun |access-date=June 30, 2013}}</ref> In May 2014, Wynn acquired ''Popeye,'' also by Koons, for over $28.165 million.<ref name="blowmedown"/>

In February 2020, Wynn bought two Picasso paintings from [[Donald B. Marron Sr.|Donald Marron]]'s collection for $105 million: ''Woman with Beret and Collar'' and ''Jacqueline''.<ref>{{Cite news|last=Crow|first=Kelly|date=February 24, 2020|title=Steve Wynn Pays $105 Million for Pair of Picassos|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/steve-wynn-pays-105-million-for-pair-of-picassos-11582567230|access-date=May 11, 2020|issn=0099-9660}}</ref>

''[[Le Rêve (Picasso)|Le Rêve]]'' is the Picasso portrait that was the working name of Wynn's resort project. Wynn purchased the painting from an anonymous collector in a private sale in 2001.<ref name=NWYM>{{cite news|author= Paumgarten, Nick |title=The $40-Million Elbow |url=https://www.newyorker.com/archive/2006/10/23/061023ta_talk_paumgarten |date=November 23, 2006|work=New Yorker Magazine |access-date=July 15, 2013}}</ref> In 2006, he reportedly planned to sell the work to [[Steven A. Cohen]] for $139 million, which would at that time have been the highest price paid for any piece of art. However, Wynn put his elbow through the canvas while showing it to a group of guests.<ref>{{cite news|url=https://www.nytimes.com/2007/01/12/arts/12iht-wynn.4182415.html|access-date=October 27, 2010|title=Lloyd's Sued on Payout for Hurt Picasso|work=[[The New York Times]]|date=January 12, 2007}}</ref> This canceled the sale, and after a $90,000 repair, the painting was estimated{{By whom|date=May 2020}} to be worth $85 million. Wynn sued his insurance company over the $54 million difference with the virtual selling price. The case was settled out of court in April 2007.<ref>{{cite web|url=https://www.huffingtonpost.com/nora-ephron/my-weekend-in-vegas_b_31800.html|access-date=June 28, 2008|title=My Weekend in Vegas|work=The Huffington Post|author=Nora Ephron|date=October 16, 2006}}</ref><ref>{{cite web|url=http://www.thesmokinggun.com/archive/years/2007/0111072wynn1.html|access-date=June 28, 2008|title=Steve Wynn's Bad Dream|work=The Smoking Gun|date=January 11, 2007}}</ref><ref>{{cite web|url=http://www.finalternatives.com/node/1380|access-date=June 28, 2008|title=Wynn Settles Suit Over Painting Cohen Coveted|work=FINalternatives|date=March 26, 2007|archive-date=October 7, 2008|archive-url=https://web.archive.org/web/20081007072905/http://www.finalternatives.com/node/1380|url-status=dead}}</ref><ref>{{cite web|url=http://www.artnet.de/magazine/news/spiegler/spiegler01-17-07.asp|access-date=June 28, 2008|title=Kasino-Milliardär Wynn fordert Schadenersatz für selbst zerstörten Picasso|work=artnet Magazin|author=Marc Spiegler|date=January 17, 2007}}</ref> In 2013, Wynn sold ''Le Rêve'' to [[Steven A. Cohen]] for $155 million.<ref name="BLM">{{cite news|author= Vines, Richard and Katya Kazakina |title=Cohen Buys Picasso's 'Le Reve' From Wynn for $155 Million |url=https://www.bloomberg.com/news/2013-03-26/cohen-buys-picasso-from-wynn-for-155-million-post-says.html |date=March 26, 2013|work=Bloomberg |access-date=July 15, 2013}}</ref>
==Personal life==
Wynn married [[Elaine Wynn|Elaine Farrell Pascal]] in 1963. They divorced in 1986, remarried in 1991, and divorced again in 2010.<ref>{{cite web |url=https://dealbook.nytimes.com/2010/01/14/wynns-finalize-divorce-in-las-vegas/ |title=Wynns Complete Divorce in Las Vegas |date=January 14, 2010 |work=Dealbook |access-date=July 8, 2012}}</ref> Elaine Wynn was a director of the company's board for 13 years, ending in 2015.<ref>{{Cite web|url = https://fortune.com/2015/04/24/elaine-wynn-resorts/|title = Elaine Wynn loses—and there's more to come|website = Fortune |last = Sellers |first = Patricia }}</ref> They have two daughters, Kevyn and Gillian.<ref name=SisterAct>[http://la-confidential-magazine.com/living/articles/generous-sister-act-gillian-and-kevyn-wynn Los Angeles Confidential: "Generous Sister Act Gillian and Kevyn Wynn" by Evelyn Crowley] retrieved December 21, 2014</ref> Kevyn was kidnapped in 1993<ref>[http://www.reviewjournal.com/lvrj_home/2004/Nov-20-Sat-2004/news/25307741.html ''Las Vegas Review Journal'' report]. Reviewjournal.com (November 20, 2004).</ref> and Wynn paid $1.45 million in ransom for her return. The kidnappers were apprehended when one attempted to use a large sum of cash to buy a [[Ferrari]] in [[Newport Beach, California]]. Kevyn was found unharmed several hours later.<ref>{{Cite web|title=Casino Owner's Daughter Tells of Kidnaping|url=https://www.latimes.com/archives/la-xpm-1994-05-05-mn-54241-story.html|date=May 5, 1994|website=Los Angeles Times|language=en-US|access-date=May 11, 2020}}</ref>

On April 30, 2011, Wynn married Andrea Hissom, great-niece of [[Ben Novack]], in a ceremony at the Wynn Las Vegas.<ref>{{Cite news|title=Casino mogul Wynn weds Andrea Hissom in Las Vegas|language=en-US|work=[[The Washington Times]]|url=https://www.washingtontimes.com/news/2011/apr/30/casino-mogul-wynn-weds-andrea-hissom-in-las-vegas/|access-date=May 11, 2020}}</ref><ref>{{Cite web|title= Wynn switching restaurant's name  |publisher=[[Las Vegas Review-Journal]]|date=October 28, 2012  |url=https://www.reviewjournal.com/news/wynn-switching-restaurants-name/  |quote=Her great uncle, Ben Novack, and grandfather, Joe Novack, built the Fontainebleau hotel on Miami Beach, which opened in 1954.}}</ref>  Actor [[Clint Eastwood]] served as the best man.<ref>Mullins, Jenna (May 1, 2011). [https://www.today.com/popculture/steve-wynn-ties-knot-clint-eastwood-best-man-wbna42849906 "Steve Wynn Ties the Knot With Clint Eastwood as Best Man"]. ''Today''.</ref>

Wynn suffers from the degenerative eye disease [[retinitis pigmentosa]], which he was diagnosed with in 1971.<ref>{{cite magazine | url=https://nymag.com/nymetro/news/bizfinance/biz/features/2235/ | title=Clash of the Titans | magazine =[[The New Yorker]] | author=Chris Smith| date=February 16, 1998 }}</ref> In 2010, Wynn switched to a [[Plant-based diet|plant-based]] diet after watching the documentary ''Eating'' by Mike Anderson.<ref name="Katsilometes" /><ref name="powervegans" />

== Honors and recognition ==
In May 2006, [[Time (magazine)|''Time'']] magazine included Wynn as one of the ''[[Time 100|World's 100 Most Influential People]]''.<ref>{{Cite magazine|title=The 2006 TIME 100 - TIME|url=https://content.time.com/time/specials/packages/completelist/0,29569,1975813,00.html|magazine=[[Time (magazine)|Time]]|language=en-us|access-date=May 11, 2020}}</ref> Wynn was appointed to the [[Trustee|Board of Trustees]] of the [[John F. Kennedy Center for the Performing Arts]] by [[President of the United States|President]] [[George W. Bush]] on October 30, 2006.<ref>[https://georgewbush-whitehouse.archives.gov/news/releases/2006/10/20061030-17.html Personnel Announcement]. Georgewbush-whitehouse.archives.gov (October 30, 2006).</ref> In November 2006, Wynn was inducted into the [[American Gaming Association]] [[Hall of Fame]]. ''[[Forbes]]'' magazine named him to a list of "captains of capitalism" in 2007 alongside others included such as [[Oprah Winfrey]] and [[Jeff Bezos]].<ref>{{Cite web |last=Miller |first=Matthew |title=Captains of Capitalism |url=https://www.forbes.com/forbes/2007/1008/148.html |access-date=2025-05-06 |website=Forbes |language=en}}</ref> Wynn was named to [[Institutional Investor (magazine)|''Institutional Investor's'']] Best CEOs list in the All-America Executive Team Survey from 2008 through 2011.<ref>[http://www.institutionalinvestor.com/Research-and-Rankings-Corporate-Excellence.html The All-America Executive Team Best CEOs] {{webarchive|url=https://web.archive.org/web/20110712065207/http://www.institutionalinvestor.com/Research-and-Rankings-Corporate-Excellence.html |date=July 12, 2011 }}, InstitutionalInvestor.com</ref>

In March 2011, ''[[Barron's (newspaper)|Barron's]]'' named Steve Wynn one of the 30 "World's Best CEOs."<ref>Barron's Staff, [http://online.barrons.com/article/SB50001424052970203296504576223573436157008.html], Barron's, March 26, 2011</ref>

In November 2014, Wynn ranked 17th on ''[[Harvard Business Review]]'s'' list of 100 best-performing CEOs in the world.

He also received an [[honorary doctorate]] degree from the [[University of Pennsylvania]] in 2006, which was rescinded following Wynn's sexual misconduct allegations in 2018.<ref name="swgspeaker" /><ref>{{cite news |last1=Saul |first1=Stephanie |date=February 1, 2018 |title=University of Pennsylvania Takes Away Steve Wynn's Honors. And Bill Cosby's, Too. |newspaper=New York Times |url=https://www.nytimes.com/2018/02/01/us/penn-wynn-cosby-metoo.html?smid=fb-nytimes&smtyp=cur}}</ref><ref>{{Cite web |last1=Richard |first1=Khalon |date=March 15, 2018 |title=After Sexual Misconduct Claims, Vegas Mogul Steve Wynn Fell Fast |url=https://www.npr.org/2018/03/15/592318034/after-sexual-misconduct-claims-vegas-mogul-steve-wynn-fell-fast |access-date=May 11, 2020 |website=NPR.org |language=en}}</ref>

==Legal issues==

In 1991, Dennis Gomes, president of Wynn's [[Golden Nugget Las Vegas|Golden Nugget]], left his position to join [[Donald Trump]]'s [[Trump Taj Mahal]] in [[Atlantic City, New Jersey]], receiving a $1 million bonus in lieu of [[equity (finance)|equity]]. Wynn filed suit against Trump and Gomes for breach of contract, as Gomes was contracted to work at the Nugget until 1992. Gomes settled in 1994.<ref name="jointrumps" /><ref name="phillycometrump" />

In 1997, Wynn sued [[Barricade Books]] for defamation over the catalog description of an [[unauthorized biography]] ''Running Scared'' by John L. Smith.<ref name="swrunningscarednytimes"/> Wynn was initially awarded $3.2 million, resulting in Barricade declaring bankruptcy. In 2001 the ruling was thrown out by the [[Supreme Court of Nevada]].<ref name="swlibelruling"/> A retrial was scheduled for 2004. The issue was settled between Wynn and New York publisher [[Lyle Stuart]] in a confidential agreement, and the case dismissed.<ref name="swalasveganus"/>

In a legal battle over an attempt by Wynn-controlled Mirage to build a casino in [[Atlantic City, New Jersey|Atlantic City]], Donald Trump claimed in a lawsuit that Wynn used a private investigator as a double agent to secretly record conversations with Trump. The investigator, Louis Rodriguez, a former Los Angeles police officer and investigator for the IRS, claimed he had a change of heart because he felt that Trump used his efforts "in an immoral and unethical manner to cause financial harm" to Wynn and Mirage and thus turned "whistleblower." Wynn settled the lawsuit in 2000 and befriended Trump, who attended Wynn's wedding in 2011.<ref name="articlesphilly"/>

Beginning in 2008, Wynn engaged in a dispute with ''[[Girls Gone Wild (franchise)|Girls Gone Wild]]'' producer [[Joe Francis]]. In 2011, a Nevada district attorney prosecuted Francis for writing a bad check to cover a $2 million gambling debt owed to Wynn, but the judge dismissed the case for falling outside the six-month statute of limitations.<ref name = "HWR5"/><ref name="latimesahsley"/> Wynn collected the debt in a separate civil case.<ref name = "HWR5"/> In response to the collection, Francis alleged that Wynn threatened to kill him, prompting Wynn to file suit for defamation against Francis.<ref name = "TMZ"/> In February 2012, [[Clark County, Nevada]], judge Mark Denton ruled that Francis damaged the reputation of Wynn with the false claim and awarded Wynn $7.5 million in damages.<ref name="lvryfsoftporn"/> In September 2012, after Francis repeated the alleged threat on television, Wynn added a second defamation claim, and a jury awarded Wynn $40 million in compensatory as well as punitive damages.<ref name="latimesblog"/>

In January 2012, Wynn's former business partner Kazuo Okada filed suit to gain access to company documents related to Wynn's pledge to donate $135 million to the [[University of Macau]] Development Foundation.<ref name="okdadadocuments"/> Wynn later accused Okada's company, [[Universal Entertainment|Aruze]], of violating the [[Foreign Corrupt Practices Act]], leading to a Department of Justice probe into Aruze's gifts of hotel rooms and other expenses to Philippine, South Korean, and Japanese gaming officials.<ref name = "WSJ2"/><ref name = "BLO"/> In a March 2013 [[U.S. Securities and Exchange Commission]] (SEC) filing, Wynn noted that while the Okada dispute could cut into Wynn's profits, beyond an "informal" SEC inquiry into the Macau donation, there was no formal investigation underway.<ref name="noformalinvest"/> In July 2013, the SEC announced that its investigation into the Macau donations was concluded and it would not pursue any enforcement action against Wynn or Wynn Resorts.<ref name="wapostmacau"/>

In 2014, Wynn sued hedge fund manager [[James Chanos]] for slander after Chanos, at a Berkeley event, allegedly said Wynn violated the Foreign Corrupt Practices Act.<ref name="swholodyn"/> Wynn's lawsuit was dismissed, with U.S. District Judge [[William Orrick III]] ruling that Chanos's remark was constitutionally protected speech.<ref>Andrew Chung, [https://www.reuters.com/article/us-wynn-resorts-chanos-lawsuit/u-s-judge-throws-out-slander-lawsuit-filed-by-casino-mogul-wynn-idUSKBN0JV2DG20141217 U.S. judge throws out slander lawsuit filed by casino mogul Wynn], Reuters (December 17, 2014).</ref> Wynn was also ordered to pay Chanos' legal fees.<ref name="Lopez">[[Linette Lopez]], [http://www.businessinsider.com/wynn-loses-slander-appeal-against-chanos-2017-3 "Steve Wynn just lost his slander appeal against Jim Chanos"], ''Business Insider'' (March 28, 2017).</ref> Wynn's subsequent appeal was rejected by the [[U.S. Court of Appeals for the Ninth Circuit]].<ref name="Lopez"/>

In March 2024, Wynn filed a petition asking the Supreme Court to overturn ''[[New York Times v. Sullivan]]'', which on [[First Amendment to the United States Constitution|First Amendment]] freedom of speech grounds, limits the ability of a [[Official|public official]] to sue for [[defamation]].<ref>{{cite court |litigants=Steve Wynn v. The Associated Press and Regina Garcia Cano |court= Supreme Court |url= https://www.supremecourt.gov/DocketPDF/24/24-829/341639/20250131173910823_24-%20Petition.pdf |quote= Should this Court decline to overturn or otherwise cabin Sullivan and Curtis Publishing Co., whether the Seventh Amendment’s right to a civil jury trial is incorporated against the States and, if yes, whether the application of the clear-and-convincing actual-malice standard at the early anti-SLAPP stage of litigation violates a plaintiff’s Seventh Amendment right to a civil jury trial.}}</ref>

=== 2018 Wynn Resorts departure ===
Wynn has dealt with several legal issues related to sexual misconduct allegations that were covered by ''[[The Wall Street Journal]]'' in 2018.<ref name=":1" /><ref name=":2" /><ref name="auto1" /> One accusation came from a manicurist whom Wynn later paid a $7.5 million settlement.<ref name=":2" /><ref name="auto1" /> In February 2018, Nevada regulators fined Wynn's company $20 million for failing to respond to sexual misconduct claims.<ref>{{Cite news|last1=Hsu|first1=Tiffany|last2=Hadi|first2=Mohammed|date=April 2, 2019|title=Wynn Leaders Helped Hide Sexual Misconduct Allegations Against Company's Founder, Report Says |language=en-US|work=The New York Times |url=https://www.nytimes.com/2019/04/02/business/wynn-resorts-sexual-misconduct-steve-wynn.html |access-date=May 11, 2020|issn=0362-4331}}</ref> In April 2019, the Massachusetts Gaming Commission fined Wynn Resorts $35 million due to the gaming authority's findings that former company executives did not disclose sexual misconduct allegations against Steve Wynn.<ref>{{Cite web|title=Wynn Resorts Fined $35 Million But Keeps License for Massachusetts Casino |url=https://www.forbes.com/sites/willyakowicz/2019/04/30/wynn-resorts-fined-35-million-but-keeps-license-for-massachusetts-casino/ |website=Forbes|language=en|access-date=July 19, 2020}}</ref>

Angelica Limcaco, a former salon manager at Wynn Las Vegas, filed a federal lawsuit in 2018 against Wynn Resorts and Steve Wynn claiming that she was fired, blacklisted and intimidated into silence after she elevated her concerns in 2006 to then-president of Wynn Las Vegas, Andrew Pascal. The case was appealed to the 9th U.S. Circuit Court of Appeals after Judge Miranda Du ruled in favor of Wynn Las Vegas, holding that the claim was not made within the statute of limitations. Angelica Limcaco's attorney, Jordan Matthews, argued that the time limits should not apply because Limcaco feared for her personal safety. [[Jordan Matthews (attorney)|Jordan Matthews]] filed a petition with the Ninth Circuit in March 2020 questioning the Nevada District Court's selection of Elayna Youchah as a magistrate judge. Elayna Youchah was Wynn Las Vegas' lead counsel in the Limcaco case and Youchah was apparently selected just before Judge Du dismissed Limcaco's case. Matthews argued there was no disclosure about this apparent conflict of interest.<ref>{{Cite news| last=Brewer |first=Contessa |date=March 11, 2020|title=Wynn whistleblower argues she can't get a fair shake in court|language=en-US |publisher=CNBC |url= https://www.cnbc.com/2020/03/11/wynn-whistleblower-argues-she-cant-get-a-fair-shake-in-court.html | access-date=June 28, 2020}}</ref> In May 2020, Judges [[William A. Fletcher]], [[Jay S. Bybee]] and [[Paul J. Watford]], heard oral argument on the Limcaco case in San Francisco, California. [[Jordan Matthews (attorney)|Jordan Matthews]] argued that the lower court's decision should be reversed. The Massachusetts Gaming Commission Report confirmed that Wynn Las Vegas and Steve Wynn took steps to remove a rape victim immediately after Limcaco reported the rape and Limcaco was then threatened by her superior, Doreen Whennen, to remain silent.<ref>{{Cite web |title=Angelica Limcaco v. Steve Wynn |url=https://www.ca9.uscourts.gov/media/view_video.php?pk_vid=0000017469 |publisher=United States Courts for the Ninth Circuit |language=en |access-date=July 19, 2020}}</ref>

In March 2018, lawyer [[Lisa Bloom]] announced that she would represent a former dancer in a sexual misconduct suit against Wynn. In response, Wynn filed a defamation lawsuit against Bloom, pointing out that he is [[Visual impairment|legally blind]] and could not "leer" at dancers.<ref>{{Cite news|date=April 6, 2018|title=Steve Wynn sues for defamation, claims 'leering' accusations false|language=en-US|work=Las Vegas Review-Journal|url=https://www.reviewjournal.com/business/casinos-gaming/steve-wynn-sues-for-defamation-claims-leering-accusations-false/|access-date=July 9, 2018}}</ref> In April 2018, Wynn filed a [[defamation]] [[lawsuit]] against his former employee Jorgen Nielsen after he made negative comments about Wynn's alleged sexual misconduct to ''The Wall Street Journal'' and [[ABC News (United States)|ABC news]].<ref>{{Cite news|url=https://www.cnbc.com/2018/04/30/steve-wynn-sues-ex-casino-worker-for-defamation-over-sexual-misconduct-allegations.html |title=Steve Wynn sues ex-casino worker for defamation over sexual misconduct allegations |last=Meyer|first=Zlati|date=April 30, 2018|publisher=CNBC |access-date=May 3, 2018}}</ref> In October 2019, Neilsen filed a lawsuit against Wynn Resorts, its CEO, Matthew Maddox, its former general counsel, Kim Sinatra, and Wynn Resorts former head of security, James Stern, for allegedly spying on him.<ref>{{Cite web|title=Former Wynn hairstylist and whistleblower sues casino company, alleges secret salon spy operation |url=https://thenevadaindependent.com/article/former-wynn-hairstylist-and-whistleblower-sues-casino-company-alleges-secret-salon-spy-operation |website=The Nevada Independent|date=October 17, 2019 |language=en|access-date=July 19, 2020}}</ref> In April 2019, James Stern, a former FBI agent and the former executive vice president of corporate security for Wynn Resorts, resigned after testifying before the Massachusetts Gaming Commission to spying on Elaine Wynn and other employees.<ref>{{Cite web|title=Wynn Resorts security chief out of a job after spying disclosure of Elaine Wynn|url=https://www.bostonherald.com/2019/04/09/wynn-resorts-security-chief-out-of-a-job-after-spying-disclosure-of-elaine-wynn/ |website=Boston Herald|date=April 9, 2019 |language=en|access-date=July 19, 2020}}</ref> According to court documents filed by Wynn's lawyers in 2018, Wynn had reached a settlement in 2006 with another former Wynn employee who had accused him of sexual misconduct. The settlement included a non-disclosure agreement. After the ''Wall Street Journal'' article came out, the woman announced to Wynn's lawyer that she intended to speak publicly about the settlement, and the lawyer reported her to the FBI for extortion; no charges were filed.<ref>{{Cite web|title=Steve Wynn settled with second woman over sex allegations|url=https://apnews.com/ba96b0e47ccb4dbdb6f42528a878b37f|date=March 19, 2018|publisher=Associated Press |access-date=May 11, 2020}}</ref>

In 2020, a Nevada judge ruled that a woman defamed Wynn when she reported in 2018 that he had raped her in the 1970s, noting that her testimony lacked veracity.<ref>{{Cite web|title=Judge: Woman defamed Steve Wynn with police report of rape|url=https://abcnews.go.com/US/wireStory/judge-woman-defamed-steve-wynn-police-report-rape-69545154 |publisher=ABC News |language=en|access-date=May 11, 2020}}</ref>

In July 2020, a federal judge dismissed a lawsuit without prejudice against Wynn Resorts, Ltd., which was filed by nine anonymous employees. The federal judge said the women could not justify why it was necessary to file the lawsuit anonymously. Since Judge James C. Mahan dismissed the case without prejudice, the lawsuit can be refiled.<ref>{{Cite web |title=Sexual harassment lawsuit against Steve Wynn dismissed |url=https://www.reviewjournal.com/business/casinos-gaming/sexual-harassment-lawsuit-against-steve-wynn-dismissed-2076152/ |website=Las Vegas Review Journal |date=July 18, 2020 |language=en|access-date=July 19, 2020}}</ref>

==References==
{{Reflist|refs=
<ref name="swholodyn">{{cite news |last=Holodny|first=Elena|date=September 26, 2014|title=Steven Wynn Is Suing Jim Chanos For Alleged Slander|url=http://www.businessinsider.com/steve-wynn-jim-chanos-lawsuit-2014-9#ixzz3YWLkl17P|newspaper=[[Business Insider]]|access-date=April 27, 2015}}</ref>
<ref name="jointrumps">{{cite news | url=https://www.wsj.com/articles/SB10001424052970203960804577243320019483862 | title=Investigator Probed Casinos, Then Promoted Them (Obituary for Dennis Gomes) | date=February 25, 2012 | work=The Wall Street Journal}}</ref>
<ref name="swbwnnlead">
{{cite news| title =Steve Wynn | first =AD| last =Hopkins| url =http://www.reviewjournal.com/news/steve-wynn| newspaper =Las Vegas Review-Journal| date =September 12, 1999| access-date = May 27, 2015}}</ref>

<ref name="phillycometrump">{{cite news | url=http://articles.philly.com/1991-03-23/news/25794439_1_donald-trump-steve-wynn-dennis-gomes | archive-url=https://web.archive.org/web/20150529212203/http://articles.philly.com/1991-03-23/news/25794439_1_donald-trump-steve-wynn-dennis-gomes | url-status=dead | archive-date=May 29, 2015 | title=Casino Rivals Trump And Wynn Take Trade-secret Battle To Court | date=March 23, 1991 | author=David Johnston | work=Philadelphia Inquirer}}</ref>

<ref name="articlesphilly">{{cite news | url=http://articles.philly.com/2000-03-12/news/25604405_1_donald-trump-trump-hotel-private-investigator | archive-url=https://web.archive.org/web/20130430234513/http://articles.philly.com/2000-03-12/news/25604405_1_donald-trump-trump-hotel-private-investigator | url-status=dead | archive-date=April 30, 2013 |title=Donald Trump Vs. Steve Wynn In A Real-life Spy Tale A Recent Battle Between The Casino Moguls Is Filled With Claims Of Money-laundering, Double Agents And High-level Secret Snooping | date=March 12, 2000 | author=George Anastasia | work=Philly.com}}</ref>

<ref name = "TMZ">{{cite news|url = https://www.tmz.com/2012/11/12/joe-francis-steve-wynn-defamation-court-21-millon-victory/|title = Joe Francis Catches $21 Million Break in War with Steve Wynn |work = TMZ | access-date = June 11, 2013}}</ref>

<ref name="latimesahsley">Ashley Powers, [https://www.latimes.com/news/local/la-me-wynn-francis-20120907,0,1846486.story Feud between casino mogul and porn purveyor enters L.A. court], [[Los Angeles Times]], September 7, 2012</ref>

<ref name="lvryfsoftporn">[http://www.lvrj.com/news/wynn-awarded-7-5-million-in-case-against-soft-porn-king-140080323.html Wynn awarded $7.5 million in case against soft-porn king – News – ReviewJournal.com]. Lvrj.com.</ref>

<ref name="okdadadocuments">{{cite news| url=https://dealbook.nytimes.com/2012/02/27/war-at-wynn-opens-a-legal-can-of-worms/ | title=War at Wynn Opens A Legal Can of Worms | date=February 27, 2012 | author=Peter J. Henning | work=New York Times}}</ref>

<ref name="latimesblog">[http://latimesblogs.latimes.com/lanow/2012/09/steve-wynns-20-million-award-against-joe-francis-likely-to-grow.html Steve Wynn's $20-million award against Joe Francis likely to grow – latimes.com]. Latimesblogs.latimes.com (September 11, 2012).</ref>

<ref name = "WSJ2">{{cite news| url=https://blogs.wsj.com/corruption-currents/2012/02/24/high-tide-from-a-wynn-fcpa-probe-to-rba-knowledge/|title = High Tide: From A Wynn FCPA Probe To RBA Knowledge|work = The Wall Street Journal|date = February 24, 2012|access-date = June 11, 2013|last1 = Rubenfeld|first1 = Samuel}}</ref>

<ref name = "BLO">{{cite news|url = https://www.bloomberg.com/news/2013-05-02/wynn-resorts-okada-lawsuit-halted-for-criminal-probe.html|title = Wynn Resorts' Okada Lawsuit Halted for Criminal Probe|newspaper = Bloomberg.com|date = May 3, 2013|publisher = Bloomberg | access-date = June 11, 2013}}</ref>

<ref name="wapostmacau">{{cite news | url=https://www.washingtonpost.com/business/steve-wynn-says-federal-officials-ending-inquiry-into-casino-donation-in-macau/2013/07/08/9fb144ba-e806-11e2-818e-aa29e855f3ab_story.html | title=Federal officials end inquiry into casino operator Wynn Resorts' donation in Macau | date=July 8, 2013 | author=Hannah Dreier | newspaper=Washington Post}}</ref>

<ref name="noformalinvest">{{cite news | url=https://www.bloomberg.com/news/2013-03-04/wynn-says-okada-fight-over-share-purchase-may-cut-profit.html | title=Wynn Says Okada Fight Over Share Purchase May Cut Profit | date=March 4, 2013 | author=Linda Sandler | work=Bloomberg News}}</ref>

<ref name = "HWR5">{{cite web|url = https://www.hollywoodreporter.com/thr-esq/joe-francis-steve-wynn-girls-gone-wild-40-million-lawsuit-369714|title =Steve Wynn Vs. Joe Francis: Anatomy of a $40 Million Smackdown|work=The Hollywood Reporter|date =September 12, 2012|access-date = June 11, 2013}}</ref>

<ref name="swrunningscarednytimes">{{cite news |last=Carvajal|first=Doreen |date=October 8, 1997|title=Defamation Suit Leaves Small Publisher Near Extinction|url=https://www.nytimes.com/1997/10/08/business/defamation-suit-leaves-small-publisher-near-extinction.html|newspaper=[[New York Times]]|access-date=April 27, 2015}}</ref>

<ref name="swlibelruling">{{cite news |last=Reid|first=Calvin|date=October 9, 2001|title=Libel Ruling Reversed; Barricade Eyes Purchases|url=http://www.publishersweekly.com/pw/print/20011008/35174-libel-ruling-reversed-barricade-eyes-purchases.html|newspaper=[[Publishers Weekly]]|access-date=April 27, 2015}}</ref>

<ref name="swalasveganus">
{{cite news| title =Settlement reached in Wynn suit | url =http://lasvegassun.com/news/2004/jun/29/settlement-reached-in-wynn-suit/| newspaper =[[Las Vegas Sun]] | date =June 29, 2004| access-date = May 27, 2015}}</ref>

<ref name="Katsilometes">{{cite web |url=http://www.lasvegasweekly.com/news/2010/nov/04/steve-wynn-viva-las-vegan/ |title=Steve Wynn: Viva Las Vegan |last=Katsilometes |first=John |date=November 4, 2010 |work=[[Las Vegas Weekly]] |access-date=November 12, 2010}}</ref>

<ref name="powervegans">{{cite news |url=http://www.businessweek.com/magazine/content/10_46/b4203103862097.htm |archive-url=https://web.archive.org/web/20101105224859/http://www.businessweek.com/magazine/content/10_46/b4203103862097.htm |url-status=dead |archive-date=November 5, 2010 |title=The Rise of the Power Vegans |work=BusinessWeek |date=November 4, 2010}}</ref>

<ref name="swgspeaker">{{cite news | title=Wynn Resorts, Limited, Chairman of the Board & Chief Executive Officer | url=http://imagine2015.magento.com/speaker/2015/steve-wynn | work=[[Magento]] | access-date=April 7, 2016 | url-status=dead | archive-url=https://web.archive.org/web/20150530074717/http://imagine2015.magento.com/speaker/2015/steve-wynn | archive-date=May 30, 2015 }}</ref>

<ref name="TimesLondon">{{Cite news |first=John |last=Arlidge |url=http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5467256.ece |title=Steve Wynn Raising the stakes in Vegas |date=January 11, 2009 |work=The Times |access-date=May 24, 2010 |archive-url=https://web.archive.org/web/20110629124846/http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5467256.ece |archive-date=June 29, 2011 |location=London}}</ref>

<ref name="swcmunk">
{{cite news| title =Steve Wynn's Biggest Gamble | first =Nina| last =Munk| url =https://www.vanityfair.com/news/2005/06/steve-wynn-las-vegas-resort| newspaper =[[Vanity Fair (magazine)|Vanity Fair]]| date=April 24, 2014| access-date= May 17, 2015}}</ref>

<ref name="wcvb">{{cite web |url=http://www.wcvb.com/news/wynn-mohegan-sun-respond-to-casino-regulators/28085502 |title=Wynn's $1.6B resort in Everett wins casino license |date=September 17, 2014 |publisher=WCVB 5 |access-date=January 19, 2015}}</ref>

<ref name="blowmedown">
{{cite news| title =Well blow me down! Steve Wynn pays $28M for Popeye| first=Robert| last =Frank| url =https://www.cnbc.com/2014/05/15/billionaire-steve-wynn-buys-popeye-sculpture-for-28-million.html
| publisher=[[CNBC]]| date =May 15, 2014| access-date = January 19, 2015}}</ref>

<ref name="newyortimes">{{cite news |first=Carol |last=Vogel |url=https://www.nytimes.com/2006/04/08/arts/design/08turn.html |title=Who Paid $35.8 Million for J. M. W. Turner's View of Venice? |newspaper=[[New York Times]] |date=April 8, 2006|access-date=January 19, 2015}}</ref>

<ref name="winnsnotable">{{cite news |url=http://www.lasvegassun.com/news/2011/jul/09/seven-wynns-notable-art-purchases/ |title=7 of Steve Wynn's Most Notable Art Purchases |newspaper=[[Las Vegas Sun]] |date=July 9, 2011|access-date=January 19, 2015}}</ref>
}}

==External links==
* {{Wikiquote-inline}}
* {{Commons category-inline}}
* [https://web.archive.org/web/20050429031909/http://www.wynnresorts.com/ WynnResorts.com]
* {{IMDb name|0943998|Steve Wynn}}
* {{C-SPAN|9275386}}
{{Wynn Resorts}}
{{Authority control}}

{{DEFAULTSORT:Wynn, Steve}}
[[Category:Steve Wynn| ]]
[[Category:1942 births]]
[[Category:American billionaires]]
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