LAS VEGAS, Feb. 12, 2018 /PRNewswire/ -- The Special
Committee of the Board of Directors of Wynn Resorts, Ltd., which
was formed on January 26, 2018 to
investigate allegations regarding the Company's former CEO and
Chairman Steve Wynn, today announced
that it has retained Gibson, Dunn & Crutcher LLP as outside
counsel to assist with its review. In addition to investigating
matters related to the allegations, the Special Committee, which is
comprised solely of independent directors, will conduct an expanded
and comprehensive review of Wynn Resorts' internal policies and
procedures with the goal of ensuring the Company employs best
practices to maintain a safe and respectful workplace for all
employees.
The Board of Directors also announced today that the Nominating
and Corporate Governance Committee will commence a process to add
additional directors to strengthen the composition, skills and
experience of the Board.
About Wynn Resorts:
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market
under the ticker symbol WYNN and is part of the S&P 500 Index.
Wynn Resorts owns and operates Wynn Las Vegas
(www.wynnlasvegas.com), Wynn Macau (www.wynnmacau.com) and Wynn
Palace, Cotai (www.wynnpalace.com).
Wynn and Encore Las Vegas feature two luxury hotel towers with a
total of 4,750 spacious hotel rooms, suites and villas,
approximately 192,000 square feet of casino space, 22 dining
experiences featuring signature chefs and 11 bars, two
award-winning spas, approximately 290,000 square feet of meeting
and convention space, approximately 103,000 square feet of retail
space as well as two showrooms; three nightclubs, a beach club and
recreation and leisure facilities. A luxury retail Strip-front
expansion, Wynn Plaza, is currently
under construction and is scheduled to debut the second half of
2018.
Wynn Macau is a luxury hotel and casino resort located in the
Macau Special Administrative Region of the People's Republic of China with two luxury
hotel towers with a total of 1,008 spacious rooms and suites,
approximately 281,000 square feet of casino space, casual and fine
dining in eight restaurants, approximately 31,000 square feet of
meeting and convention space, approximately 59,000 square feet of
retail space, and recreation and leisure facilities including two
opulent spas, a salon and a rotunda show.
Wynn Palace is a luxury integrated resort in Macau that opened August 22, 2016. Designed as a floral-themed
destination, it boasts 1,706 exquisite rooms, suites and villas,
approximately 420,000 square feet of casino space, 11 food and
beverage outlets, approximately 37,000 square feet of meeting and
convention space, approximately 106,000 square feet of designer
retail, SkyCabs that traverse an eight-acre Performance Lake, an
extensive collection of rare art, a lush spa, salon and recreation
and leisure facilities.
Wynn Resorts is currently constructing Wynn Boston Harbor located in Everett, Massachusetts.
Special Committee Contact
Joele Frank / Daniel Katcher
Joele Frank, Wilkinson Brimmer
Katcher
212-355-4449
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SOURCE Special Committee of the Board of Directors of Wynn
Resorts