Manila Bulletin

Vegas tycoon quits resorts over harassment claims

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WASHINGTON (AFP) – Las Vegas casino billionair­e Steve Wynn announced Tuesday he was stepping down as chairman and CEO of his company Wynn Resorts following allegation­s of decades of sexual misconduct. "In the last couple of weeks, I have found myself the focus of an avalanche of negative publicity," Wynn said in a statement. "As I have reflected upon the environmen­t this has created – one in which a rush to judgment takes precedence over everything else, including the facts – I have reached the conclusion I cannot continue to be effective in my current roles." The 76-year-old former business rival turned political ally of President Donald Trump resigned late last month from his role as Republican National Committee finance chairman, a post he had assumed after Trump took office in January 2017. Wynn has denied the allegation­s, first published in The Wall Street Journal, and accused his ex-wife Elaine of instigatin­g the accusation­s as part of a "terrible and nasty lawsuit" seeking a revised divorce settlement.

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