Wynn pays record $ 35.5 million fine in Massachusetts | Massachusetts



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BOSTON (AP) – Wynn Resorts has paid a record $ 35.5 million fine in Massachusetts and will not appeal the decision.

The company's board of directors said the company had paid a $ 35 million fine to the state on Tuesday, as well as a $ 500,000 fine to the chief executive, Matthew Maddox, before the deadline for payment of fines or appeal.

The State Gaming Commission claims to have received the payment. Last month, he fined the company and Maddox for failing to disclose allegations of sexual misconduct against company founder Steve Wynn.

Steve Wynn denied the allegations of sexual misconduct against him, but resigned from his CEO position last year.

The company's Encore Boston Harbor casino will open June 23.

Wynn Resorts had negotiated the sale of the $ 2.6 billion Everett Facility to MGM Resorts, but these negotiations have been completed recently.

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