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Casino mogul Steve Wynn resigns

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Casino mogul Steve Wynn resigned as chairman and CEO of his company after allegations of sexual misconduct over several decades.

Wynn said “an avalanche of negative publicity” created an environment “in which a rush to judgment takes precedence over everything else, including the facts.”

At Wynn Resorts, company President Matt Maddox has replaced Wynn.

Read more from The New York Times.

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