Jan 29, 2018

Steve Wynn has lost $463 million since sexual assault report

Shares of casino company Wynn Resorts have sunk nearly 19% in the wake of sexual harassment and assault allegations against founder and CEO Steve Wynn. For the casino mogul himself, that represents a paper loss of $462.55 million.

  • The loss is based on a Dec. 22, 2017 disclosure showing that Steve Wynn holds 12,230,334 shares of Wynn Resorts stock.
  • Wynn Resorts bonds are also under pressure, following news of increased scrutiny by regulators in Macau.
Data: Money.net; Chart: Axios Visuals
Data: Money.net; Chart: Axios Visuals
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