Wynn Resorts could soon be in a no-Wynn situation

Billionaire Steve Wynn quits as Republican finance chief amid sexual assault claims

Wynn Resorts shaken by misconduct claims against founder

The Massachusetts Gaming Commission also announced following the allegations a review into Wynn Resorts to determine whether Wynn's alleged behavior violates his company's gaming license.

In a statement, MA gaming regulators said that they are "now aware of and [are] taking very seriously the troubling allegations" from the Journal report. DICJ revealed that it plans to introduce relevant regulations.

The RGA received $250,000 from Wynn Resorts in December 2016, according to records provided by liberal advocacy group One Wisconsin Now. The company is due to have its license renewed in 2022.

Call it the cost of sexual harassment allegations in the age of the MeToo movement.

Wynn, whose name is synonymous with every resort the company holds, has arguably the best assets in the industry and his name alone gives the company a premium multiple.

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Analyst John DeCree wrote in a note published on Monday: "We do believe the company has a deep bench of strong executives and we remain constructive on the company's fundamentals overall as well as business trends in Macau and Las Vegas". Wynn Resorts now operates two properties in the city, including the $4-plus-billion Wynn Palace on the Cotai Strip.

The DICJ reply did not identify the Wynn Macau Ltd representatives that took part in the meeting with the local regulator.

Wynn Macau shares sank almost 5% in Hong Kong on Tuesday, following a 6.5% drop on Monday.

The Massachusetts Gaming Commission said that it would review the appropriateness of Wynn Resorts building an integrated resort near Boston. Gaming revenues in the city dwarf those of Las Vegas.

The board, saying it is "deeply committed to ensuring the safety and well-being" of all employees, formed a special committee comprised of independent directors to investigate the allegations.

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JPMorgan analyst Joseph Greff issued an alert on Wynn after receiving a large number investor inquiries asking about the future trajectory of the company.

Yet numerous same practices continue at his new company, Wynn Resorts, which went public in 2002.

The Wall Street Journal reported Friday that Wynn sexually harassed several women.

The casino mogul denied the allegations, calling them "preposterous". Thompson also said the RGA would no longer accept or solicit funds from Wynn or Wynn Resorts unless the allegations are proven false, but the organization said it could not return any of the $2.5 million received from Wynn Resorts over the past 18 years because the money already had been spent in past election cycles.

Wynn has given to both parties, candidates, and committees, but he has been far more prolific in recent cycles in his contributions to Republicans.

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Wynn's home-state senator Dean Heller, who is running for re-election this year, is donating the $5,400 his campaign received last year from the casino mogul to a yet-determined charity, campaign aides said Monday.

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