Disgraced Casino Boss Steve Wynn Sues MassGaming over Use of Privileged Information - W88club

Disgraced Casino Boss Steve Wynn Sues MassGaming over Use of Privileged Information

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Disgraced Casino Boss Steve Wynn Sues MassGaming over Use of Privileged Information

Category : News

Churchill Downs Acquires Majority Stake in Rivers Casino Des Plaines
Posted on Thursday November 01, 2018

Churchill Downs acquires “crown jewel of Illinois gaming” in latest acquisition deal within the US land-based casino space Gambling company Churchill Downs Incorporated announced on Wednesday that it has reached an agreement to buy a majority stake in Rivers Casino Des Plaines in Des Plaines, Illinois. The transaction involves Churchill Downs’ acquisition of “certain of

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Norwegian TV Host Sues Gaming Innovation Group over Failed Collab
Posted on Thursday November 01, 2018

Popular television personality claims he has reached a verbal agreement entitling him to 3.4 million shares now worth NOK10 million Popular Norwegian TV presenter Hallvard Flatland says he is entitled to 3.4 million shares in online gambling group Gaming Innovation Group (GIG) under a verbal agreement with company officials back in 2015. The company is

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Key Cayman Islands Lawmaker Slams Tougher Illegal Gambling Penalties
Posted on Thursday November 01, 2018

Opposition leader proposes alternative approach toward addressing gambling-related issues The Cayman Islands government opposition leader has criticized the recently introduced Gambling (Amendment) Bill 2018 that calls for the implementation of higher fines and longer prison terms for individuals conducting and engaging in illegal gambling services. Opposition leader Ezzard Miller has called the measure “draconian” and

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Mr. Wynn seeks to stop the release of MassGaming’s investigative report into sexual misconduct allegations against him
Former casino boss Steve Wynn is suing Wynn Resorts and the Massachusetts Gaming Commission, arguing that the company he found has improperly provided the gaming regulator with privileged documents that the latter used for its probe into sexual harassment and misconduct allegations against the businessman.
The Massachusetts Gaming Commission opened an investigation into the disgraced tycoon after the publication of a report by the Wall Street Journal that detailed a “decades-long pattern of sexual misconduct” by Mr. Wynn. Dozens of former and current Wynn Resorts employees claimed that they had been subjected to unwanted sexual advances by the businessman and that he had used his power to pressure them into “performing sex acts.”
The WSJ report was published in January and the Massachusetts Gaming Commission launched an investigation into the matter shortly after. Wynn Resorts is currently building the $2.4-billion Encore Boston Harbor integrated resort in the Greater Boston area. The property is slated to open doors next summer, but at one point during the ongoing investigation its future seemed very uncertain.
It emerged on Thursday that Mr. Wynn and his legal team filed a lawsuit against Wynn Resorts and MassGaming in a Nevada court on Wednesday. It is important to note that the businessman has quit the company and has sold his entire stock in it since the publication of the WSJ report.
In his lawsuit from Wednesday, the embattled businessman argued that his former company had provided the Massachusetts gambling regulator with documents “reflecting communications protected by Mr. Wynn’s attorney-client privilege and/or the common interest agreements he entered with Wynn Resorts.”
The lawsuit filing further read that the MassGaming probe has been conducted with a total disregard for Mr. Wynn’s privileged communications. The lawsuit seeks to stop the publication of the regulator’s investigative report in case it contains privileged information.
The lawsuit not a surprise
The gaming regulator said in a statement that it was not surprised by the lawsuit and that it has retained legal representation in Nevada to defend itself and to block Mr. Wynn’s effort to prevent the publication of the investigatory report.
The Gaming Commission is expected to release a full report with its findings during a hearing in December. The regulatory body opened the probe back in February to find out whether the allegations were true, who knew about those, and how the issue was addressed.
There were suggestions earlier this year that Wynn Resorts could lose its license for the development and operation of its integrated resort in Everett, a city located not far from Boston. The company was one of two major gaming and hospitality operators to have been issued gaming licenses by the Massachusetts Gaming Commission, following the legalization of commercial casino gambling by the state Legislature a few years ago.
To distance itself from Mr. Wynn and the piling sexual misconduct allegations against the businessman, Wynn Resorts moved to change the name of its new resort from Wynn Boston Harbor to Encore Boston Harbor earlier this year.
News also emerged this week that Philip Satre will step in as Chairman of Wynn Resorts before the end of the year. Mr. Satre, a former Caesars Entertainment Corp. and Harrah’s Atlantic City CEO, is replacing D. Boone Wayson, who announced his retirement last month. Mr. Wayson was named as Non-Executive Chairman of the Las Vegas-based casino operator following the departure of Mr. Wynn in February.
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WSOP Circuit Stops at Harveys Lake Tahoe, First Ring Goes to Joe Ambrogi
Posted on Friday October 26, 2018

US poker pro Joe Ambrogi secured his first World Series of Poker Circuit ring, winning the $250 No-Limit Hold’em Re-Entry against 267 competitors. The tournament on Thursday was the opening event of 2018/2019 WSOP Circuit at Harveys Lake Tahoe Hotel and Casino in Nevada. The series continues with thirteen more tournaments, which will run through

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William Watson Takes Down WSOP Circuit Horseshoe Hammond $400 No-Limit Hold’em 6-Handed
Posted on Thursday October 18, 2018

Watson scoops second gold ring exactly a month after claiming his debut WSOP Circuit gold piece William Watson from Lexington, Kentucky bested last night the field of the $600 No-Limit Hold’em 6-Handed at Horseshoe Hammond to claim his second WSOP Circuit gold ring in just a month and a payout of $30,592. Watson’s ride to

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