Steve Wynn is planning to sell his 12% stake in the
casino-resort company he founded for about $2.21 billion.
Wynn resigned as Wynn Resorts chairman and CEO last month
following a Wall Street Journal investigation that alleged a pattern of sexual
harassment and assault. One case ended in a $7.5 million settlement.
The company promoted Matthew Maddox from president to CEO
after Wynn resigned.