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Regulators had tackled serious questions about the company's suitability after investigators determined the company repeatedly and over years had turned a blind eye to employees' accusations of rape, sexual harassment and other misconduct against founder and then-CEO Steve Wynn. He has said he had romantic relationships with workers but has consistently denied any coercion.
The company had defended itself by saying that it separated from its CEO shortly after the allegations were made public in The Wall Street Journal in January 2018. Wynn resigned on Feb. 6 that year and sold his entire stake by mid-March. Gaming regulators have voted to fine Maddox $500,000 for what they called his failures in enforcing company policy.