Wynn Resorts founder Steve Wynn is stepping down as CEO and chairman of the company, with its current president, Matt Maddox, appointed to take over, Wynn Resorts' board of directors announced Tuesday night.
Last month, The Wall Street Journal published an article detailing numerous allegations of sexual misconduct against the casino magnate. Wynn called the allegations "preposterous," but the stories kept coming out. Following the publication of the Journal's report, Wynn resigned as finance chairman of the Republican National Committee.
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