As Wynn Resorts struggles to boost returns at its new Boston area gambling resort, the gaming company faces an additional challenge: complying with some of the toughest regulatory conditions ever issued by a gaming regulator in the United States.
The Massachusetts Gaming Commission (MGC) last spring levied a $35m fine against Wynn Resorts stemming from the sexual abuse scandal involving its former chairman Steve Wynn, who has since stepped down from the company he co-founded in 2002.
The commission also hit CEO Matt Maddox with a $500,000 fine for his handling of the allegations against Wynn, which Wynn has denied, citing a serious lack of judgement.
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