Billionaire Steve Wynn sells entire stake in firm he founded
Casino billionaire and Wynn Resorts Founder Steve Wynn has disposed his entire 11.8% stake in the firm for $2.1 billion. Macau casino operator Galaxy Entertainment Group has agreed to buy nearly 5% stake in Wynn Resorts. Steve Wynn had resigned as the Chairman and CEO of Wynn Resorts after multiple female employees accused him of sexual misconduct.