The company’s board of directors also was directed to hire an executive coach and any additional necessary resources to provide coaching and training to Maddox in four areas: leadership development internal and company-wide communication enhanced sensitivity to and awareness of human resource issues arising in workplace environments and team building and meaningful collaboration. In addition to the fine against the company - $15 million more than a fine assessed against Wynn Resorts by the Nevada Gaming Commission in February - Wynn CEO Matt Maddox was individually assessed a $500,000 fine, commissioners decided.
ENCORE RESORT AND CASINO FULL
The company issued a brief statement after the decision was announced saying, “We are in the process of reviewing that decision and considering the full range of our next steps.”
The stakes were high for the company because it is planning to open its $2.6 billion resort, Encore Boston Harbor, in June and already has begun hiring employees and taking reservations. The company’s suitability was in question after an investigation determined that former Wynn Chairman and CEO Steve Wynn and other executives failed to disclose a $7.5 million settlement payment in 2005 to a woman who said he forced her to have sex with him.
will keep its Massachusetts gaming license but pay a $35 million fine to the state, the Massachusetts Gaming Commission ruled Tuesday.
Cannon Las Vegas Review-Journal Resorts Ltd. The resort, scheduled to open June 2019, will have 671 rooms including 104 suites.
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