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Casino Titan Steve Wynn Resigns From Company Amid Sexual Misconduct Scandal — Blames The 'Avalanche Of Negative Publicity'

steve wynn resigns

Boy, bye.

On Tuesday evening, Casino mogul Steve Wynn officially resigned as chairman and CEO of Wynn Resorts amid troubling sexual misconduct allegations. Well, well!

Related: Corey Feldman Cleared Of Sexual Battery Charge

Per the Las Vegas- based company, Wynn's resignation was effective immediately. We can't say we're necessarily surprised to learn that the 76-year-old businessman stepped down from his post, as his resignation came less than two weeks after a Wall Street Journal report exposed his alleged misconduct.

Specifically, the publication accused Wynn of harassing a number of his female employees for decades AND alleged that he used to coerce them into having sex. Apparently, one unsavory incident led to a $7.5 million settlement. In a statement about his resignation, Wynn noted:

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