Steve Wynn resigns as RNC finance chair

After allegations Wynn’s Boston casino draws regulatory scrutiny	 	 	 			Steve Wynn

Wynn has created some of Las Vegas' most notable casinos and resorts.

Wynn was reported to have engaged in sexual misconduct with company employees over decades, according to a Friday report by The Wall Street Journal.

In the past, Trump has called Wynn - who is also the RNC finance chairman - a "great friend".

Thus far, Republicans have largely remained silent on what they intend to do about Wynn, the allegations against him, or the money he donated to the party.

A spokeswoman for Elaine Wynn, 75, declined comment, but her Washington-based attorney, James Cole, told Reuters the notion that his client fomented the allegations in the Journal article "is just not true".

After the Journal report, Wynn Resorts stock shares dropped 10 percent on Nasdaq. She made no reference to the allegations.

The Journal said it spoke to about 150 employees, many of whom were anxious that Wynn wields so much power in Las Vegas and the casino business that he could hurt their chances of being employed elsewhere.

"In the exact words of RNC Chairwoman Ronna McDaniel, 'If you stand for treating women well and you stand for the respect of women, you shouldn't take money from somebody who treated women with the absolute highest level of disrespect, '"Democratic National Committee Deputy Communications Director Sabrina Singh said in statement". "The unbelievable success we have achieved must continue", Wynn said, according to multiple media reports. "The work we are doing to make America a better place is too important to be impaired by this distraction", Wynn said.

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Wynn's resignation comes after a day of questions directed at McDaniel and other prominent Republicans about how the party would handle Wynn's role, his personal donations and his fundraising efforts given the sexual misconduct allegations against him.

Wynn was given the title of RNC finance chief following Trump's inauguration as president a year ago.

We then got a rundown of Wynn's contributions to various Nevada Democratic campaigns and organizations over the past 12 years, with Vittert noting that the amount he gave to Dems over that time totaled $700,000.

Wynn, 76, has vehemently denied the accusations.

He later sold those casinos to MGM Grand, Inc.

In addition to Wynn Las Vegas, the company's assets include Encore at Wynn Las Vegas and Wynn Macau. The planned 27-story, 671-room hotel and casino will be located on a 33-acre site along the Mystic River in Everett, Massachusetts.

USA casino magnate Steve Wynn has been accused of sexual harassment and assault by dozens of former and current women employees at his resorts.

Mr. Wynn said that "the instigation of these accusations is the continued work of my ex-wife Elaine Wynn, with whom I am involved in a awful and nasty lawsuit in which she is seeking a revised divorce settlement".

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