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the latest coming from mr. wynne himself saying the idea that he ever assaulted anyone, any woman is preposterous. he goes on to talk about how this is motivated by his ex-wife, trying to renegotiate their settlement. does any of that make a difference in the court of public opinion? if he paid someone $7.5 million? >> curious, don't you think. melissa, you covered these things since you have covered business for years. you've seen this happen before. high level executives accused of this sort of behavior. a lot of implications here. anybody who wishes to get a sense whether they're wynn, whether his comments, sort of, in any way mitigate these claims, just needs to read the story. it is pretty extensive. there are a lot of allegations in there. i think reader will come away with their own view of that. a lot of implications for this for mr. wynne, for his company, for the rnrc as you heard, mr. wynne is finance chairman. he is friend of donald trump. rnc hey you should give money back if you got it from steve wynn.
the latest coming from mr. wynne himself saying the idea that he ever assaulted anyone, any woman is preposterous. he goes on to talk about how this is motivated by his ex-wife, trying to renegotiate their settlement. does any of that make a difference in the court of public opinion? if he paid someone $7.5 million? >> curious, don't you think. melissa, you covered these things since you have covered business for years. you've seen this happen before. high level executives accused of this...
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and it goes to show that mr. wynn, his actual investments, not just his reputation, were hit. >> let me ask you a bit about that. jeff bennett a moment ago reading a statement from steve wynn which he issued personally about the reporting there in the "wall street journal." what has this company said -- when you look at a guy who's an older guy, founded the company, running it for some time here, what's the company saying about the role he plays here in the day-to-day operations of wynn? as you mention, looks to expand overseas into machao and other parts of asia? >> reporter: the company issued a statement that was firm saying that denying all of the allegations -- i think you mentioned this earlier -- they called the claims preposterous and went on to say that there was an anonymous tip line available within the wynn resort's company, the sort of the corporation. and that there had never been in these, you know, 30 years of allegations described in the "wall street journal" article, there had never been an anonymous
and it goes to show that mr. wynn, his actual investments, not just his reputation, were hit. >> let me ask you a bit about that. jeff bennett a moment ago reading a statement from steve wynn which he issued personally about the reporting there in the "wall street journal." what has this company said -- when you look at a guy who's an older guy, founded the company, running it for some time here, what's the company saying about the role he plays here in the day-to-day operations...
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mr. wynnresigned, and really in a 24-hour period where i'm sure there was a lot to process on their end. but the right thing has happened and now the rnc can pivot back to its focus, which is supporting the agenda of this president and highlighting the great things that are going on in this administration. >> rob, did we get enough information here? this is a brief statement from the rnc about the resignation of steve wynn in light of what was reported, again, more than 150 people talking to "the wall street journal" about all of these transgressions, about the sexual misconduct alleged against steve wynn. has the rnc said enough? you said they said the right things. have they said all of them? >> i think you have to appreciate the speed with which this has happened. obviously this was a big situation for them to handle, and here we need to give credit for that in less than 24 hours, mr. wynn resigned and the rnc is able to move forward. there may be more, but now the rnc can get back to its f
mr. wynnresigned, and really in a 24-hour period where i'm sure there was a lot to process on their end. but the right thing has happened and now the rnc can pivot back to its focus, which is supporting the agenda of this president and highlighting the great things that are going on in this administration. >> rob, did we get enough information here? this is a brief statement from the rnc about the resignation of steve wynn in light of what was reported, again, more than 150 people talking...
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Jan 26, 2018
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i think mr. wynn is at a point where he is clearly more towards the end of his career than the beginning. >> turns 76 on saturday. >> if he has to step down, my sense is that the business that's been put forth has enough traction where it might be a blip i don't think it's devastating >> all right. >> for more on the allegations against steve wynn let's bring in john ralston, one of nevada's most well-known journalists who has been covering business and politics in the state. he is here to give us a view of the wynn empire and what the allegations could mean not just for the company but for steve wynn himself had we were just having a debate as to whether or not steve wynn runs the steve wynn empire or whether it is run by itself or run by other people. what's your sense of that? >> you folks know more about business than i do but there is no bigger name in the casino business than steve wynn and he doesn't like to be known as a casino guy. he has always said i am a developer. and look he's not standi
i think mr. wynn is at a point where he is clearly more towards the end of his career than the beginning. >> turns 76 on saturday. >> if he has to step down, my sense is that the business that's been put forth has enough traction where it might be a blip i don't think it's devastating >> all right. >> for more on the allegations against steve wynn let's bring in john ralston, one of nevada's most well-known journalists who has been covering business and politics in the...
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Jan 26, 2018
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and of the allegations against mr. wynn, including as contessa reported, a 2005 incident and/or settlement in which an employee of wynn property was paid $7.5 million when did these allegations begin and how many people are involved and where or when do they end? >> right so initially -- so there was -- some of this came to light, none of the specific details but there was a hint of a detail in a lawsuit involving elaine wynn and steve wynn that came out probably two years ago at this point. a little less than two years ago. it was a vague reference to a settlement with an employee but it was nothing else than that. so that was -- that was an initial launching off point for us but frankly we didn't have to look very far to find a larger pattern of this and employees who once we started reaching out to them, it took work because again as we sort of note in the story, there is -- a big sear of the power of steve wynn, particularly for people in las vegas. and so -- >> and chris, it is brian sullivan that was my question to yo
and of the allegations against mr. wynn, including as contessa reported, a 2005 incident and/or settlement in which an employee of wynn property was paid $7.5 million when did these allegations begin and how many people are involved and where or when do they end? >> right so initially -- so there was -- some of this came to light, none of the specific details but there was a hint of a detail in a lawsuit involving elaine wynn and steve wynn that came out probably two years ago at this...
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has an anonymous tip line for employees, and not one complaint was made to that hot line regarding mr. wynn. wynn is not just a casino mogul. he's also a major political player. >> his advice i like to listen to. >> reporter: after the election, wynn became the rnc's finance chairman. neither the rnc nor elaine wynn responded to our request for a comment, but tonight, the massachusetts gaming commission says it takes the allegations against wynn very seriously and is opening up an investigation of wynn's boston casino. lester? >> rehema ellis in new york tonight, thank you. >>> there's a major new development in the sex abuse scandal in usa gymnastics. tonight the organization's board bowing to pressure from the u.s. olympic committee which told the remaining members to step down or else. nbc's anne thompson has the latest. >> reporter: time's up for the usa gymnastics board of directors. tonight promising to resign as demanded by the u.s. olympic committee which wrote, usag culture needs fundamental rebuilding in the wake of the 150 plus young women who say former team doctor larry nassar
has an anonymous tip line for employees, and not one complaint was made to that hot line regarding mr. wynn. wynn is not just a casino mogul. he's also a major political player. >> his advice i like to listen to. >> reporter: after the election, wynn became the rnc's finance chairman. neither the rnc nor elaine wynn responded to our request for a comment, but tonight, the massachusetts gaming commission says it takes the allegations against wynn very seriously and is opening up an...
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and mr. wynn did give to both parties, if you are reading the original "wall street journal" half way down, there is a picture of him with harry reed. >> i want to read a statement from the democratic national committee, released prior to wynn's resignation. this is the party of donald trump, roy moore, democrats will refuse to stand by, while the party dem does this resignation change anything in your view? >> it is a small step, the republican party, someone who is a huge figure in the party. to be the finance chairman, that is a major job. a large position within the party. someone at this level, good. i am glad a line has been drawn. there is a rot throughout the party. numerous members of congress, some resigned, some have not, still in congress, who paid out payments on sexual haermt. they seem to be fine starting out their terms, there seems to be an idea, if you don't talk about it, it doesn't exist, somehow you can just attack democrats on it. i am unclear where it stands. the dnc respons
and mr. wynn did give to both parties, if you are reading the original "wall street journal" half way down, there is a picture of him with harry reed. >> i want to read a statement from the democratic national committee, released prior to wynn's resignation. this is the party of donald trump, roy moore, democrats will refuse to stand by, while the party dem does this resignation change anything in your view? >> it is a small step, the republican party, someone who is a...
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weinstein and mr. wynn, i think you'll see the money returned by politicians.and do the right thing. people agree it needs to be -- >> because they are forced to. >> i think they'll do the right thing to return it. >> i think everybody's covered it here on the panel and there's broad agreement at this table with people from dimpb sides of the aisle who have disagreements about a range of things. i think there has to be no tolerance for any element of obviously abuse, but even harassment. this is a time where government officials and party leaders need to lead and we can't be making exceptions. it's good to see he stepped down and members will return the money. >> and the charges are really horrific against him. >> thanks one and all for being here. a great panel. one republican lawmaker is backing down on his claims that there's a secret society in the fbi, but there are several american presidents who have been involved in secret societies. some so private they can't talk about it. and that's the subject of this week's state of the cartoonia. what's critical t
weinstein and mr. wynn, i think you'll see the money returned by politicians.and do the right thing. people agree it needs to be -- >> because they are forced to. >> i think they'll do the right thing to return it. >> i think everybody's covered it here on the panel and there's broad agreement at this table with people from dimpb sides of the aisle who have disagreements about a range of things. i think there has to be no tolerance for any element of obviously abuse, but even...
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mr wynn has described the claims published by the wall streetjournal as preposterous.as said he's not aware of any invitation to attend prince harry and meghan markle's wedding. in an itv interview, the us president said the pair looked "like a lovely couple," but when asked if had received an invite he replied "not that i know of." ms markle has previously called mr trump "divisive" and a "misogynist. " 16 and 17 year—olds in wales are to be given the right to vote in local elections, under plans published by the welsh government. if approved, wales would follow scotland, where the voting age has already been lowered for national and local elections. the labour party has called for the idea to be extended to the whole of the uk. the westminster government says it has no plans to do so. gavin thomas reports. after yea rs of struggle and campaigns by the suffrage movement, 1918 was the year in which the representation of the people act was passed in parliament. for the first time, voting was expanded to all men aged over 21 and to some women aged over 30. now, 100 years
mr wynn has described the claims published by the wall streetjournal as preposterous.as said he's not aware of any invitation to attend prince harry and meghan markle's wedding. in an itv interview, the us president said the pair looked "like a lovely couple," but when asked if had received an invite he replied "not that i know of." ms markle has previously called mr trump "divisive" and a "misogynist. " 16 and 17 year—olds in wales are to be given the...
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weinstein and mr. wynnll step up and do the right thing, people recognize it's egregious. >> because they're forced to. >> look, i think the people that took the money, they didn't know when they took the money at the time. >> i get that. >> i think they'll do the right thin and return it. >> i think everybody's covered it here on the panel and there's broad agreement at this table with people from different sides of the aisle who have disagreements about a range of things. i think there has to be no tolerance for any element of obviously abuse, but even harassment. this is a time where government officials and party leaders need to lead and we can't be making exceptions. it's good to see he stepped down and hopefully members will return the money and the same thing should happen on the democratic side. >> the charges are really horrific against him. thanks all for being here. one republican lawmaker is backing down on his claims that there's a secret society in the fbi, but there are several american presi
weinstein and mr. wynnll step up and do the right thing, people recognize it's egregious. >> because they're forced to. >> look, i think the people that took the money, they didn't know when they took the money at the time. >> i get that. >> i think they'll do the right thin and return it. >> i think everybody's covered it here on the panel and there's broad agreement at this table with people from different sides of the aisle who have disagreements about a range...
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since the inception of the company not one complaint was made to the hotline regarding mr. wynn. athan give us a sense of the politics of this, how steve wi wynn fits in in terms of the republican party. >> he was once a rival of donald trump and then becama huge fundraiser for him. and he is a fundraiser for high-profile republican candidates and of course serving as the finance director of the republican national committee. i expect we'll see republicans distancing themselves quickly from mr. wynn. but also there is a tension point here which is the remaining allegations against president trump himself who has been supportive of other people who had allegations, including roy moore, the senate candidate last year and so that is -- it makes it a little trickier for the rnc and for maybe for some of the other republican candidates to do that distancing. still i expect it to happen. >> we are in unchart eered wate as we often are. >>> and the u.s. olympic committee is requesting the board resign. so how does usa gymnastics and the athletes who sacrificed so much more forward. we ha
since the inception of the company not one complaint was made to the hotline regarding mr. wynn. athan give us a sense of the politics of this, how steve wi wynn fits in in terms of the republican party. >> he was once a rival of donald trump and then becama huge fundraiser for him. and he is a fundraiser for high-profile republican candidates and of course serving as the finance director of the republican national committee. i expect we'll see republicans distancing themselves quickly...
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mr. wynn paying a $7.5 million settlement. mr. wynn, who we reached out to, dismissed the story saying the idea i assaulted any woman is preposterous. since he is the wynn in the wynn resorts and the brains in this casino operation that goes now to facilities all over the world including dubai and elsewhere imperls him and could in the financial community imperil his company. it comes at a time when such allegations seem almost legion in any industry beginning with our own about a year and a half ago, and at this very company. >>> the fbi text story raising credibility concerns. where you stand on this issue whether questioning the fbi is a proper patriotic thing to do. the bottom line is that you have two key players in this sometime back who are not big fans of donald trump. bigger fans of hillary clinton, and trying to orchestrate from some texts coverage and investigations that went that way, but those are the early reads we're getting from some of these, might be much ado about nothing, a
mr. wynn paying a $7.5 million settlement. mr. wynn, who we reached out to, dismissed the story saying the idea i assaulted any woman is preposterous. since he is the wynn in the wynn resorts and the brains in this casino operation that goes now to facilities all over the world including dubai and elsewhere imperls him and could in the financial community imperil his company. it comes at a time when such allegations seem almost legion in any industry beginning with our own about a year and a...
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she was pushed out wynn said it's noteworthy though she knew about the 2005 allegations involving mr. wynn2009, she never made them known to the board of directors of which she was then a member she did not raise them until after mr. wynn remarried and the shareholders voted not to elect her to the board multiple law firms are investigating potential claims for breach of fiduciary duty involving the directors and officers the only woman on the board will lead the company's investigation, but wynn resorts won't say who else will participate. it's not making anyone from the company available for interviews best-case scenario is that steve wynn is exonerated and the value bounces back, but analysts say that is highly unlikely. how much a long drawnout scandal here could affect this icon really preeminent glamour brand in the gaming world, and one he's so connected with with his name thanks, contessa. >>> sure lots of questions as she outlined there how much more risk is there. hey, dan. >> hi, how are you >> good. >> contessa highlights a good point. if you're the ceo of a consumer products c
she was pushed out wynn said it's noteworthy though she knew about the 2005 allegations involving mr. wynn2009, she never made them known to the board of directors of which she was then a member she did not raise them until after mr. wynn remarried and the shareholders voted not to elect her to the board multiple law firms are investigating potential claims for breach of fiduciary duty involving the directors and officers the only woman on the board will lead the company's investigation, but...
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mr wynn has described the claims, published by the wall streetjournal, as 1., with water levels continuing to rise along the river seine. the country has seen some of the heaviest rain for a century, and the river is expected to rise six metres higher than normal. luxmy gopal reports. the swollen seine, still rising. more than four metres above its usual level, it's expected to peak at six metres by the end of the weekend. on the outskirts of paris, some residents have had to resort to travelling by boat through waterlogged streets. while in the city centre, the tourist boats are no longer operating, with only emergency services allowed along the seine. the past month has been the third—wettest here since records began in 1900. the impact of recent heavy rains is visible in the water levels lapping this statue of a crimean war soldier, known as the zouave, paris's traditional way of measuring the height of the river. the french authorities have been on high alert, and at a flood crisis meeting, the mayor of paris tried to reassure residents, saying the current
mr wynn has described the claims, published by the wall streetjournal, as 1., with water levels continuing to rise along the river seine. the country has seen some of the heaviest rain for a century, and the river is expected to rise six metres higher than normal. luxmy gopal reports. the swollen seine, still rising. more than four metres above its usual level, it's expected to peak at six metres by the end of the weekend. on the outskirts of paris, some residents have had to resort to...
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mr wynn has described the claims, published by the wall street journal, as "preposterous".nd prince harry and meghan markle's wedding. in an itv interview, the us president said the pair looked "like a lovely couple", but when asked if had received an invite he replied, "not that i know of". ms markle has previously called mr trump "divisive" and a "misogynist". the husband of the murdered labour mpjo cox is amongst those launching a new group to campaign against terrorism. "survivors against terror" is made up of bereaved family members and survivors of attacks by organisations including the ira, far—right activists and islamist extremists. our reporter, anisa kadri, has more. three people who've lost loved ones in terror attacks, all united in their resolve to root out the hatred and division that led to their loss. the labour mp jo cox was murdered a week before the european union referendum. her husband, brendan, is now one of the founding members of a group called survivors against terror. i don't think you ever move on. i think this is something that will have an impa
mr wynn has described the claims, published by the wall street journal, as "preposterous".nd prince harry and meghan markle's wedding. in an itv interview, the us president said the pair looked "like a lovely couple", but when asked if had received an invite he replied, "not that i know of". ms markle has previously called mr trump "divisive" and a "misogynist". the husband of the murdered labour mpjo cox is amongst those launching a new group...
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Jan 28, 2018
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mr wynn has described the claims, published by the wall streetjournal, as 1.as said he's not aware of any invitation to attend prince harry and meghan markle's wedding. in an itv interview, the us president said the pair looked "like a lovely couple", but when asked if had received an invite, he replied, "not that i know of". ms markle has previously called mr trump "divisive" and a "misogynist". paris remains on high alert, with water levels continuing to rise along the river seine. the country has seen some of the heaviest rain for a century, and the river is expected to rise six metres higher than normal. luxmy gopal reports. the swollen seine, still rising. more than four metres above its usual level, it's expected to peak at six metres by the end of the weekend. on the outskirts of paris, some residents have had to resort to travelling by boat through waterlogged streets. while in the city centre, the tourist boats are no longer operating, with only emergency services allowed along the seine. the past month has been the third—wettest here since records be
mr wynn has described the claims, published by the wall streetjournal, as 1.as said he's not aware of any invitation to attend prince harry and meghan markle's wedding. in an itv interview, the us president said the pair looked "like a lovely couple", but when asked if had received an invite, he replied, "not that i know of". ms markle has previously called mr trump "divisive" and a "misogynist". paris remains on high alert, with water levels continuing...
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mr wynn has denied the allegations. he's an ally of president trump. nightclub in north—east brazil, killing at least 14 people. three cars of attackers swooped in on the venue, located on the outskirts of fortaleza, during the early hours of saturday morning. local media said the attackers were part of a criminal gang involved in drug trafficking. there's been a large protest in the albanian capital, tirana, against prime minister edi rama's government. demonstrators accused it of links to organised crime. mr rama says the opposition is trying to create an artificial crisis to hamper the opening of eu membership talks, which he hopes will begin later this year. bad weather is hampering efforts to rescue two climbers stranded on one of pakistan's most dangerous mountains. a polish climber, tomka maskayvitch, and his french climbing partner, elisabeth revol, were attempting to reach the summit of nanga parbat. mr maskayvitch has reportedly developed frostbite and snowblindness. milos zeman will be the president of the czech republic once again. he's won
mr wynn has denied the allegations. he's an ally of president trump. nightclub in north—east brazil, killing at least 14 people. three cars of attackers swooped in on the venue, located on the outskirts of fortaleza, during the early hours of saturday morning. local media said the attackers were part of a criminal gang involved in drug trafficking. there's been a large protest in the albanian capital, tirana, against prime minister edi rama's government. demonstrators accused it of links to...
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mrs. steve wynn. stand up, steve. stand up. steve is always calling.s always got advice, right, steve? donald i think you ought to do there and that. his advice i like to listen to. i'll be honest with you. >> steve wib is a billerica sin nomo gull as well as the current finance chairman of the republican national committee. he's the vice chair of president trump's inaugural committee and co-host of the president's big mir lag doe anniversary party and fund-raiser. now he stands accused of sexual misconduct in a comprehensive report by "the wall street journal" which contacted more than 150 current and forrer employees "dozens of people "the wall street journal" interviewed who obviously have worked at mr. wip's casinos told of behavior that would amount to a decades long pattern of sexual misconduct by mr. wynn. some described him pressuring employees to perform sex acts. in one case according to the journal, he paid out a $7.5 million settlement to a manicurist who obviously accused him of forcing her to have sex back in 2005." wynn has debbed the ac
mrs. steve wynn. stand up, steve. stand up. steve is always calling.s always got advice, right, steve? donald i think you ought to do there and that. his advice i like to listen to. i'll be honest with you. >> steve wib is a billerica sin nomo gull as well as the current finance chairman of the republican national committee. he's the vice chair of president trump's inaugural committee and co-host of the president's big mir lag doe anniversary party and fund-raiser. now he stands accused...
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after we now have seen mr. wynn step down, what's next for the rnc? >> well, that's the million dollar question. they have to find somebody who can try to match wynn's fund raising ability. there's not that many people out there who have so many tentacles in the donor world who have those kinds of connections to people who want to donate millions of dollars and be associated heavily with president trump. that was something wynn was in the unique position to be able to do. now they're going to have to start a scramble to find a new fund raising director at the same time they're starting to try to gear up for the midterms. this is not the time you want to be without somebody capable at the helm of the fund raising machine for the party. so for republicans this is an extremely difficult problem. it's more impactful for republicans than the loss of harvey weinstein because this wasn't the loss of a big name donor, this was a person coordinating a lot of the donations for the rnc. >> we'll have to wait and see the next few drops on this one. thank you all.
after we now have seen mr. wynn step down, what's next for the rnc? >> well, that's the million dollar question. they have to find somebody who can try to match wynn's fund raising ability. there's not that many people out there who have so many tentacles in the donor world who have those kinds of connections to people who want to donate millions of dollars and be associated heavily with president trump. that was something wynn was in the unique position to be able to do. now they're...
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that's why donald trump likes mr. wynn because he has a lot of money. he brings money into the party and into the political campaign. that's why the democrats liked harvey weinstein. we need to get both parties to return all the money from all these may gentlemega donors. i don't care if they're perverts like these two men or want to destroy the planet like the coke brothers or want to bankroll like the mercer family. they have no right to dominate the system. should not remain silent when they engage in this type of behavior. all the money needs to go back. this is about money and politics. corruption caused by money and politics and we can talk about all the issues, whether it's sexual assault and perverts or destroy the environment or whatever they're doing, and they want our government to help do for them, but we need them out of our political system or we're going to lose or democracy and both parties are at fault. they can point fingers all they want. voters are fed up. >> is this a both parties the same situation? senator al franken was run out o
that's why donald trump likes mr. wynn because he has a lot of money. he brings money into the party and into the political campaign. that's why the democrats liked harvey weinstein. we need to get both parties to return all the money from all these may gentlemega donors. i don't care if they're perverts like these two men or want to destroy the planet like the coke brothers or want to bankroll like the mercer family. they have no right to dominate the system. should not remain silent when they...
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if you remember whenever we were there, mr. wynnalked specifically about las vegas i think there's room to the up side it's very hard to continue to stay with these names, but ever since he bought his own stocks early 2016, the names have been off to the races. >> so what you're referring to is i think steve wynn said it had been years since he was this optimistic about las vegas so i think what you had over the last year and a half, you know, deis valued, overshot, and then it came back really hard i don't think i would take one quarter and drive too much off it the whole any property there, so to me you may have a barbelled approach if they could even out -- what macau trading -- >> wynn is you want, sands is up 10%, but mgm is more heavily weighted to las vegas. that's up 11%, or thereabouts. so it's something with the casino names that are atrackeding money flow it's not -- it was macau that gout it going, but now i think it's a casino event. >> does it strike you we went from et aamerica trade and the appear tide for gambling >
if you remember whenever we were there, mr. wynnalked specifically about las vegas i think there's room to the up side it's very hard to continue to stay with these names, but ever since he bought his own stocks early 2016, the names have been off to the races. >> so what you're referring to is i think steve wynn said it had been years since he was this optimistic about las vegas so i think what you had over the last year and a half, you know, deis valued, overshot, and then it came back...
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wynn says she knew about the 2005 allegations involving mr. wynnhem known and she did not raise them until after mr. wynn remarried and the shareholders of wynn resorts voted no the to elect her to the board multiple law firms are investigating claims for a breach of fiduciary duty the board has established a commission to investigate led by the only female member of the board, patricia mulroy these members are bound to face questions of what they knew when and if they didn't know, why didn't they know analysts are raising the question of what a wynnless wynn could have >> yeah, the casino industry is unique like that there can be some real consequences to the business model. thanks. >> sure. >>> let's get more on the impact of the stock let's bring in harry curtis. and american company managing director adam bryant who's a ceo coach. gentlemen, good to have you here stock was trading almost 200 bucks when this news broke it's now down 15%. what is that pricing in? is that pricing in steve wynn is definitely gone, likely gone >> i think it prices h
wynn says she knew about the 2005 allegations involving mr. wynnhem known and she did not raise them until after mr. wynn remarried and the shareholders of wynn resorts voted no the to elect her to the board multiple law firms are investigating claims for a breach of fiduciary duty the board has established a commission to investigate led by the only female member of the board, patricia mulroy these members are bound to face questions of what they knew when and if they didn't know, why didn't...
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we would be concerned about the licensing suitability of mr. wynn or any part of the company.inly an overhang. vonnie: there are new developments, about to be charges. the new commissioner is a woman and was just really put into the post this month. how does somebody like that who hasn't been on the gaming board, how do they feel about evaluating this? what might her allegiances be? >> in nevada, it is one of many things they have to think about. in the past when there has been regulatory scrutiny, dealing with financial or business misconduct, this is more on it personal dimension. massachusetts, the new gaming commission will be under the ticket scrutiny for how it responds to a casino that is not opening until 2019. the extent to which they put pressure on the wynn resorts board is the ultimate arbiter of concession. shery: how much of the company does steve wynn own? >> he personally owns 12% of wynn resorts. a significant stake if not a majority control. he is very much involved as the founder and visionary developer of his casinos. vonnie: his name is on all of the build
we would be concerned about the licensing suitability of mr. wynn or any part of the company.inly an overhang. vonnie: there are new developments, about to be charges. the new commissioner is a woman and was just really put into the post this month. how does somebody like that who hasn't been on the gaming board, how do they feel about evaluating this? what might her allegiances be? >> in nevada, it is one of many things they have to think about. in the past when there has been regulatory...
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but these new allegations of sexual misconduct against mr. wynn and obviously the president has denied any sexual misconduct allegations again. those new allegations are casting their relationship in a new light. preposterous says steve wynn, to charges that he ever assaulted any woman. >> blistering statement from wynn himself, after a bombshell "wall street journal" report that a manicurist in 2005 was forced to lie on a massage table naked and then have sex with wynn against her will. the journal also reporting wynn paid the manicurist $7.5 million in a settlement. wynn in his statement said the instigation of these accusations is the continued work of my ex-wife elaine wynn with whom i am involvemillion a terrible and nasty lawsuit in which she is seeking a revised divorce settlement. elaine wynn's attorney told the journal that's just not true. wynn, the latest high-profile, wealthy and politically connected man accused of sexual misconduct. the vegas imper saro, a competitor and friend of president trump, who has denied allegations of sexual
but these new allegations of sexual misconduct against mr. wynn and obviously the president has denied any sexual misconduct allegations again. those new allegations are casting their relationship in a new light. preposterous says steve wynn, to charges that he ever assaulted any woman. >> blistering statement from wynn himself, after a bombshell "wall street journal" report that a manicurist in 2005 was forced to lie on a massage table naked and then have sex with wynn against...
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dozens of people told of behavior that cumulatively amount to a decade's long misconduct by mr. wynncomments -- suggestive comments and demands including very vulnerable people in very run valuable jobs. "the wall street journal" also reports that steve wynn exposed himself to a massage therapist in one of his spas before he instructed her to perform a sex act on him. and wynn resorts said they have never fielded any complaints about steve wynn on the company's anonymous hotline. nevertheless, after that report was published this morning, wynn's casino company shares tanked. the market value of wynn's resorts dropped by over $2 billion. now the massachusetts gaming regulator has opened a review of wynn resorts. so this is a pretty big, fast-moving news story in the business world but it also has widespread political organizations. steve wynn is a one-time rival-turned friend to the current president. but he also the finance chair for the party. he was a bit of a weird pick for the rnc, making donations to republican and democratics. he's supposed to lead the fund-raising for house an
dozens of people told of behavior that cumulatively amount to a decade's long misconduct by mr. wynncomments -- suggestive comments and demands including very vulnerable people in very run valuable jobs. "the wall street journal" also reports that steve wynn exposed himself to a massage therapist in one of his spas before he instructed her to perform a sex act on him. and wynn resorts said they have never fielded any complaints about steve wynn on the company's anonymous hotline....
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dozens of people told of behavior that cumulatively amount to a decade's long misconduct by mr. wynne suggeignificant suggestive comments by demandsw incident outlined by the wall street journal he summoned a man curist to his office and demanded she have sex with him until he did. it later says he settled with her for $7.5 million. it alleges he exposed himself to a massage therapist that worked for one of his spas before demanding a sex act be performed by her. wynn resorts said they never fielded any complaints about him on the company's anonymous hot line. nonetheless, his casino company's shares tanked. the market dropped by over $2 million. now they have opened a review of wynn resorts. it has widespread political implications. he's already a famous billionaire and one-time rival turned fred to the president but also the financial chair for the republican party and he was a bit of a weird pick for the rnc. he's made donations to democratic and republican organizations. now he's a prolific republican donor. he donated $833,000 to joint fund-raising committees. and he's supposed
dozens of people told of behavior that cumulatively amount to a decade's long misconduct by mr. wynne suggeignificant suggestive comments by demandsw incident outlined by the wall street journal he summoned a man curist to his office and demanded she have sex with him until he did. it later says he settled with her for $7.5 million. it alleges he exposed himself to a massage therapist that worked for one of his spas before demanding a sex act be performed by her. wynn resorts said they never...
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mr. wynne denying those allegations. >>> u.s. industrial conglomerate, honwell will bring back $7 billion from overseas the next two years. fedex announced the with hundreds of companies giving back to employees celebrating the donald trump tax cuts. democrats downplaying the benefits, saying these bonuses are just crumbs. watch. >> some of them are not getting anything. some are getting raises, and the rest are getting crumbs? and big corporations and wealthy individuals are getting nice, fat, pieces of pie. >> in terms of the bonus that corporate america received versus the crumbs that they are giving, should workers kind of to put the schmooze on is it pathetic. trish: pathetic, really? crumbs, really? joining me right now kingsview asset management cio scott martin, along with sure vest wealth management ceo robert luna. scott, i mean, i think it is out of touch. we're going to get a little political here. i know you guys are investors, $1000 means a lot to a lot of families. and idea that nancy pelosi and chuck schumer and d
mr. wynne denying those allegations. >>> u.s. industrial conglomerate, honwell will bring back $7 billion from overseas the next two years. fedex announced the with hundreds of companies giving back to employees celebrating the donald trump tax cuts. democrats downplaying the benefits, saying these bonuses are just crumbs. watch. >> some of them are not getting anything. some are getting raises, and the rest are getting crumbs? and big corporations and wealthy individuals are...
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wynn shares under pressure today on the allegations against the chairman and ceo, steve wynn mr. wynn resigned from his role as finance chair of the republican national committee over the weekend mario, you own wynn. large position >> we own approximately 300,000 shares the stock has been terror rick 2.5 million shares of mgm. we want you to buy it. the question is suitability in massachusetts. so i think it's okay, i think las vegas, they're going to go through the same suitableties and sfooef is going to be a very practical guy and figure out what he's going to do. he owns 12 million shares at 160 or 70. elaine owns about ten million. in a power struggle as to what the stock is and they've got every massachusetts is a question mark and that's one of the reasons who is every wants the indians want it. indian tribe jim of mgm is located in western massachusetts and then sheldon wants to be b in that market soz so what does he do >> would you want to own wyn without wynn i have no problem with that. i think steve has left his mark. the belagio hotel has done extremely well it flourishe
wynn shares under pressure today on the allegations against the chairman and ceo, steve wynn mr. wynn resigned from his role as finance chair of the republican national committee over the weekend mario, you own wynn. large position >> we own approximately 300,000 shares the stock has been terror rick 2.5 million shares of mgm. we want you to buy it. the question is suitability in massachusetts. so i think it's okay, i think las vegas, they're going to go through the same suitableties and...
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the manicurist said she told mr. wynnhe doesn't want to have sex and was married, but he persisted that she do so and ultimately she did disrobe and they had sex. the people remember her saying. in a statement win ig saoig say idea that i ever assaulted any woman is preposterous. people can make allegations regardless of the truth and a person are left with the choice of weathering insulting publicity or engages in lawsuitses. wynn resorts says that they have never received any complaint regarding wynn on their independent hotline to report harassment. nbc news has reached out to the rnc for comments and we have not heard back. one of the reporters behind the piece is joining us. chris, another reminder steve wynn is the current finance chair of the rnc. he is a very close friend and con iffidant of donald trump. walk us through your reporting. >> yeah, sure. so we've been reporting on this for probably about two months. and yeah, it was something that i think, you know, i covered casino industry, one of my colleagues who
the manicurist said she told mr. wynnhe doesn't want to have sex and was married, but he persisted that she do so and ultimately she did disrobe and they had sex. the people remember her saying. in a statement win ig saoig say idea that i ever assaulted any woman is preposterous. people can make allegations regardless of the truth and a person are left with the choice of weathering insulting publicity or engages in lawsuitses. wynn resorts says that they have never received any complaint...
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it's the same exact thing and you said one thing about harvey weinstein, it should be the same for mr. wynnt saw the breaking story. >> i got you. there is no question that allegations need to be vetted. there's no question about that. there's no reason to start chopping people's heads off before you know the facts. i'm saying this seems to line up. let me ask you about immigration. do you back the president's plan as we understand it today? >> the white house has laid out a pretty serious plan. obviously it's going to come to congress and we're going to look at it and figure out what we want to see in there. i've been on the record. i've had a statement since september that talks about getting more border security, but also protecting this population. i think he will. what he laid out is serious. we look at the democrats willing to cause pain for the american people shutting down the government. if they don't step up and say let's look at negotiation because he has a willingness to protect the population, then they have a big problem with their base and d.r.e.a.m.ers because it shows they'
it's the same exact thing and you said one thing about harvey weinstein, it should be the same for mr. wynnt saw the breaking story. >> i got you. there is no question that allegations need to be vetted. there's no question about that. there's no reason to start chopping people's heads off before you know the facts. i'm saying this seems to line up. let me ask you about immigration. do you back the president's plan as we understand it today? >> the white house has laid out a pretty...
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reporter: wynn says it has an anonymous tip line and not one report was made to the hotline regarding mr. wynn. the casino owner who turns 76 today built the most famous casinos in vegas. the mirage, treasure island and bilagio. targeting titans, abusing positions for sex. he is unlikely to be the last. and of course, wynn has been donating not just to republican candidates, but also to democratic candidates. we heard he is actually the head of the finance committee for the republican national convention. we heard very little from republican candidates so far today ever since the allegations came out early yesterday. sheinelle. >> matt, thank you. >>> to the scene in paris. one of the world's most beautiful cities under water this morning with the seine river flooding forcing the louvre museum to shutdown. we have kelly cobiella with more. >> reporter: the wettest winter since 1952 and the river is rising inching closer to the great landmarks like notre dame. from the eiffel tower, to the seine river, the city is trying to keep its head above water. at the world famous louvre museum, the mona
reporter: wynn says it has an anonymous tip line and not one report was made to the hotline regarding mr. wynn. the casino owner who turns 76 today built the most famous casinos in vegas. the mirage, treasure island and bilagio. targeting titans, abusing positions for sex. he is unlikely to be the last. and of course, wynn has been donating not just to republican candidates, but also to democratic candidates. we heard he is actually the head of the finance committee for the republican national...
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and his leadership, and while it's unfortunate that the news media has been used to assail mr. wynnay, we are doing everything we can to protect our employees from these types of attacks and publicity. now i wanted to talk to some wynn employees i asked them what they make of the allegations and scandal. guys, they shrugged and said, this is is a nice place to work. that was the end of that. >> contessa, although anybody who is looking at this saying steve wynn is the major shareholder and that what he says goes would have to think again when it comes to some of those licensing issues, correct? >> reporter: yeah. absolutely and don't forget, when you're talking about the projects under development, the wynn boston harbor is planning to employ some 4,000 people, is currently employing thousands of people in the construction of that project and all of these people have got to be eyeing what's happening with the sense of trepidation about what happens next. are they going to feel the impact, somehow, of this scandal itself and on the board itself we had talked about this yesterday, but
and his leadership, and while it's unfortunate that the news media has been used to assail mr. wynnay, we are doing everything we can to protect our employees from these types of attacks and publicity. now i wanted to talk to some wynn employees i asked them what they make of the allegations and scandal. guys, they shrugged and said, this is is a nice place to work. that was the end of that. >> contessa, although anybody who is looking at this saying steve wynn is the major shareholder...
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clearly mr. wynn denies that any of this ever took place. therefore, still just have to act because the messaging around the company is negative based purely on trial by accusation or should they wait until they get fundamental evidence that something has happened or not? >> my advice in this climate comes from alice in wonderland where the queen of hearts says, sentence first, verdict later. we are not dealing with a due process climate. nobody cares about due process they care about seeing a head roll they don't care about the data yes, it's terribly unfair but a company is simply -- a company is set up to make the products and sell the products they make. they are not set up to manage controversy. so on a moral level there should be due process on a realistic level, if you're dealing with convention bookings dropping off, if you're dealing with what they're dealing with now, a 10% stock price, makow just downgraded their stock, in boston there's questions about their casino license review. if that stuff continues, the truth doesn't matter
clearly mr. wynn denies that any of this ever took place. therefore, still just have to act because the messaging around the company is negative based purely on trial by accusation or should they wait until they get fundamental evidence that something has happened or not? >> my advice in this climate comes from alice in wonderland where the queen of hearts says, sentence first, verdict later. we are not dealing with a due process climate. nobody cares about due process they care about...
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mr. ees --m essentially harassed sexually harassed peanut employees. we are looking at where steve wynnrally back just a little bit off of its fall after those initial remarks and after initial remarks from mr. wynn himself. yvonne: we have more lines coming from samsung. we are talking about the year and dividend for samsung electronics, coming up, 24,500 yuan. don't talk about how this affects the income for the fourth quarter. samsung is looking had and saying that it may be affected by declining demand. if we talk about the concerns regarding apple and overall the handset division when it comes to samsung as well. we also saw a lot of growth in the fourth quarter in the chips division. a lot of people are saying that the cycle is over. they may have to think again. >> coming up on the next hour of daybreak asia, we will head to the chief global strategist of socgen. we will speak to the chair of hangman group. bloomberg. ♪ ♪ hadne: 8:00 a.m. here and -- here in hong kong. stories this wednesday, caution is the word as asian-pacific markets take a third day of declines. while start -
mr. ees --m essentially harassed sexually harassed peanut employees. we are looking at where steve wynnrally back just a little bit off of its fall after those initial remarks and after initial remarks from mr. wynn himself. yvonne: we have more lines coming from samsung. we are talking about the year and dividend for samsung electronics, coming up, 24,500 yuan. don't talk about how this affects the income for the fourth quarter. samsung is looking had and saying that it may be affected by...
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mrs. steve wynn. stand up, steve. stand up. steve is always calling, he's always got advice, right, steve? donald, i think you don't do this and that, his advice i like to listen to, i'll be honest with you. >> michael steele, i want to go to you on this. what should the rnc say in this instance? and what should republicans do now? >> well, they did the right thing in terms of, you know, trying to get ahead of this and getting wynn off of their radar screen, simply because they've got a meeting this week, their winter meeting here in d.c. area, so they don't want that to be the poppic of conversation, but it will be one of the topics of conversation. the chairwoman's muted response is rather amusing, particularly given, it sort of tells you when the shoe is on the other foot how tight that shoe can really fit. you know? so here we are. and it's actually been surprising that you haven't heard much from anybody out of the 168 members of the rnc, national chair, committee of men and women, but this week will be a chance with the r
mrs. steve wynn. stand up, steve. stand up. steve is always calling, he's always got advice, right, steve? donald, i think you don't do this and that, his advice i like to listen to, i'll be honest with you. >> michael steele, i want to go to you on this. what should the rnc say in this instance? and what should republicans do now? >> well, they did the right thing in terms of, you know, trying to get ahead of this and getting wynn off of their radar screen, simply because they've...
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mr. wynn's money. >> do you believe that money should be returned?two to figure out, we should do of ourselves what we ask of the democratic party if these allegations have merit. i don't think we should have a double standard for ourselves. >> dana? >> well, look, in a general i find these things silly when each party gets the other one to purge the donations of whoever it was over time. but, you can go through the harvey weinstein period with the republicans demanding everybody return every last cent and not expect the same thing to occur here. he was the finance chairman of the republican national committee. he gave some $5.2 million in recent years, the vast majority of that to republicans. so, of course, it's fair game to ask the question. will anybody do anything about it? we've seen over a long period of time here that in the trump era the usual responses, not the current response. >> speaking of, you know, strange adjudicatijuxtaposition. he was asked should trump get credit in the reductions in the jobless rate for african-americans. >> does
mr. wynn's money. >> do you believe that money should be returned?two to figure out, we should do of ourselves what we ask of the democratic party if these allegations have merit. i don't think we should have a double standard for ourselves. >> dana? >> well, look, in a general i find these things silly when each party gets the other one to purge the donations of whoever it was over time. but, you can go through the harvey weinstein period with the republicans demanding...
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mrs. steve wynn. stand up, steve. stand up. steve is always calling. always got advice, right stev
mrs. steve wynn. stand up, steve. stand up. steve is always calling. always got advice, right stev
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mrs. steve wynn. stand up, steve. stand up. steve is always calling and got advice. right steve.hink you ought to this and that. his advice i like to listen to, i'll be honest with you. >> steve wynn is a billionaire casino mogul as well as the current finance chairman of the republican national committee. he's the vice chair of president trump's inaugural committee and co-host of the president's big mar-a-lar mar-a-largo fundraiser and now accused of sexual misconduct in a comprehensive report by the "wall street journal" that contacted 150 current and former employees, dozens of people they interviewed who worked as his casinos told about behavior that would amount to a decades long pattern of sexual misconduct by him. and some described him appreciate oari -- pressuring employees to perform sex acts and he paid out a $7 million settlement who accused him back in 2005. wynn denied the acusations saying the idea that i assaulted any woman is preposterous and he has no immediate plans to relinquish his role as finance chairman. a reminder that the republican uproar over contribut
mrs. steve wynn. stand up, steve. stand up. steve is always calling and got advice. right steve.hink you ought to this and that. his advice i like to listen to, i'll be honest with you. >> steve wynn is a billionaire casino mogul as well as the current finance chairman of the republican national committee. he's the vice chair of president trump's inaugural committee and co-host of the president's big mar-a-lar mar-a-largo fundraiser and now accused of sexual misconduct in a comprehensive...
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and mr. wynn building a beautiful convention center at the wynn. the energy level is wonderful. we have people like that who are pioneers in our city. everything happens. stuart: what's reaction in las vegas to the news that the attorney general at the federal level wants to go after legalized recreational marijuana as it is legal in nevada? what's the reaction in nevada to that? >> not very happy because i have several friends, guys that i know, that went into the business. and, honestly, i actually told a few of them a few years ago, listen, you know, if things change in the government, you know, the attorney general could say, hey, federal law preempts, and as a result, be careful. there is a concern, obviously. the president did make a statement, as you know, during his candidacy -- or maybe it was after he was elected -- that, in fact, it should be up to the states. the people in nevada voted for it. i personally am against it 100%, but notwithstanding that, i think it should be a state issue
and mr. wynn building a beautiful convention center at the wynn. the energy level is wonderful. we have people like that who are pioneers in our city. everything happens. stuart: what's reaction in las vegas to the news that the attorney general at the federal level wants to go after legalized recreational marijuana as it is legal in nevada? what's the reaction in nevada to that? >> not very happy because i have several friends, guys that i know, that went into the business. and,...
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president donald trump hand picked wynn for that position. officials say mr. ump supports the resignation. wynn denies the allegations. >>> afghanistan has declared sunday a national day of mourning after saturday's bombing in kabul. police say 103 people are now confirmed dead in that blast which came from an ambulance packed with explosives. a spokesman for the taliban claims that group is responsible. >>> a spanish court has ruled that former catalan leader puj month can only become leader again if he is physically present at parliament. he's been living in brussels since october and is wanted in spain for spear heading the catalonia independence movement. >>> roger federer is working on what could become his 20th grand slam title. play is under way in the australian open men's final. federer beat marin cilic in the first set 6-2. but sillic won a tiebreaker to take the second set. federer has won just the third set 6-3. just won. the pair faced off in the finals at wimbledon. >>> now to a cnn exclusive. some employees at the u.s. state department say they'r
president donald trump hand picked wynn for that position. officials say mr. ump supports the resignation. wynn denies the allegations. >>> afghanistan has declared sunday a national day of mourning after saturday's bombing in kabul. police say 103 people are now confirmed dead in that blast which came from an ambulance packed with explosives. a spokesman for the taliban claims that group is responsible. >>> a spanish court has ruled that former catalan leader puj month can...
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president donald trump hand picked wynn for the position, but officials say mr. trump supports the resignation. wynn denies those allegations. >>> afghanistan has declared sunday a national day of mourning after saturday's bombing in kabul. authorities say at least 95 people were killed in the blast which came from an ambulance packed with explosives. >>> a spokesman for the taliban claims the group is responsible. >>> russian police raid the offices of a prominent kremlin creditic. alexei navalny calls for protests after what he calls rampant corruption from vladimir putin on down. he's also calling for a boycott of the election. >>> some employees at the u.s. state department say they're being punished for their previous work with the obama administration. >> many are in jobs the trump administration wants to shut down, now some employees say they have hired attorneys. elise labott has more. >> reporter: top democratic lawmakers are now calling on the state department's watchdog to take what they call an immediate review of personnel practices there, after a gro
president donald trump hand picked wynn for the position, but officials say mr. trump supports the resignation. wynn denies those allegations. >>> afghanistan has declared sunday a national day of mourning after saturday's bombing in kabul. authorities say at least 95 people were killed in the blast which came from an ambulance packed with explosives. >>> a spokesman for the taliban claims the group is responsible. >>> russian police raid the offices of a prominent...
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friendly guy you're a nice jovial sort of think of the left for whatever line you tell you go for well mr wynn gaggle is hostage to the brutality of the brutal record of zanu p.f. use military experience as head of central intelligence in the mid 1980's coincided with the most brutal of all mugabe's massacres in the so-called cooler killings in which up to twenty thousand from the unit of billy tribe were killed or disappeared he's denied any role but actually the state controlled by the way a chronicle reported at the time that he compared to saddam's to bugs cockroaches that had reached such an epidemic that the government needed to bring in the details of things just get rid of the actual thing seems worse yet i hear you now give me a chance to respond to you first thing is we're weighing in a very limited very formative years of our country mistakes were made and the excuses massacre not reality isn't doesn't it's just important to me since i'm simply so many mistakes so that's an admission that he made mistakes but number one number two during that period when he was really sort of securi
friendly guy you're a nice jovial sort of think of the left for whatever line you tell you go for well mr wynn gaggle is hostage to the brutality of the brutal record of zanu p.f. use military experience as head of central intelligence in the mid 1980's coincided with the most brutal of all mugabe's massacres in the so-called cooler killings in which up to twenty thousand from the unit of billy tribe were killed or disappeared he's denied any role but actually the state controlled by the way a...
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Jan 28, 2018
01/18
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KPIX
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mr. trump calls the bombshell news... >> fake news, folks, fake news. >> ninan: will he and mueller come face to face. also tonight, steve wynns post at the can the republic, after being hit with sexual assault allegations. another horrific taliban attack in afghanistan. nearly 100 are killed by a suicide bomber posing as an ambulance driver. flooding fears in paris as the seine river keeps rising. and the teacher who brought music to her school and earned
mr. trump calls the bombshell news... >> fake news, folks, fake news. >> ninan: will he and mueller come face to face. also tonight, steve wynns post at the can the republic, after being hit with sexual assault allegations. another horrific taliban attack in afghanistan. nearly 100 are killed by a suicide bomber posing as an ambulance driver. flooding fears in paris as the seine river keeps rising. and the teacher who brought music to her school and earned
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Jan 28, 2018
01/18
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BBCNEWS
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steve wynn, a billionaire casino owner, was chosen by mr trump to be finance chairman of the republicanubjected dozens of women to one wanted sexual advances. he described the claims published by the wall streetjournal as preposterous. more than 16,000 people have signed a petition to reinstate walk—on girls at all professional darts corporation competitions. the corporation says it will no longer employ women to escort male players onto the stage — following discussions with broadcasters. the move's been welcomed by campaigners for gender equality in sport. a team of elite mountaineers has rescued one of two climbers stranded near the top of the pakistan's most dangerous mountains. french climber elisabeth revol was found during a high—risk night rescue mission on nanga prabat, which is also known as "killer mountain". the search for her polish climbing partner tomek mackiewicz has been called off due to bad weather and treacherous high—altitude conditions. earlier my colleague, ben brown, spoke to masha gordon, a fellow mountaineer and friend of elizabeth revol, and who spearheaded a
steve wynn, a billionaire casino owner, was chosen by mr trump to be finance chairman of the republicanubjected dozens of women to one wanted sexual advances. he described the claims published by the wall streetjournal as preposterous. more than 16,000 people have signed a petition to reinstate walk—on girls at all professional darts corporation competitions. the corporation says it will no longer employ women to escort male players onto the stage — following discussions with broadcasters....
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Jan 30, 2018
01/18
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CNBC
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mrs. parker. that's the power of and. >>> the wynn backlash as the company's conference and events business comesnder pressure. contessa brewer is in las vegas with more on this story. contessa >> melissa, the immediate question is whether brand damage affects the cash flow here, whether you'll see group bookings decline because of this scandal and public pressure and protest. the majority of wynn's revenue comes from non-gaming sources. conventions are a big part of that steve wynn is developing a new 26 acre property that will include several million square feet of convention space the republican governors association scheduled for wynn for 2020 has said they are not going to do it and i talked to the former mayor who represents the las vegas convention and visitors authority and it infuriates him. >> it's outrageous to me it's outrageous. these are people who are supposed to believe in our system where one is presumed to be innocent. where one is entitled to a fair hearing before they make a move against them it's very unfair to potential attendees. >> the consumer electronics show has refused
mrs. parker. that's the power of and. >>> the wynn backlash as the company's conference and events business comesnder pressure. contessa brewer is in las vegas with more on this story. contessa >> melissa, the immediate question is whether brand damage affects the cash flow here, whether you'll see group bookings decline because of this scandal and public pressure and protest. the majority of wynn's revenue comes from non-gaming sources. conventions are a big part of that steve...
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Jan 28, 2018
01/18
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KGO
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mr. speaker! >> just days before president trump's state of the union address, steve wynn resigns as finance chairittee after sexual misconduct allegations. what he's saying about the charges and what will happen to his contributions. >>> fighting the flu. drastic efforts to stop it from spreading. schools in at least six states closed tomorrow. disinfection under way. could this be the worst season in a decade? dr. ashton is here. with advice you need to keep your family safe. >>> actor accused. "charles in charge's" scott baio addressing accusations by nicole eggert that he molested her when she was underage. >> i'm going to knock down these false claims against me. >> when she says it happened.
mr. speaker! >> just days before president trump's state of the union address, steve wynn resigns as finance chairittee after sexual misconduct allegations. what he's saying about the charges and what will happen to his contributions. >>> fighting the flu. drastic efforts to stop it from spreading. schools in at least six states closed tomorrow. disinfection under way. could this be the worst season in a decade? dr. ashton is here. with advice you need to keep your family safe....