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Matt Maddox stay as Wynn Resorts CEO extended through 2022

Matt Maddox has had his contract as CEO at Wynn Resorts extended through 2022 after a unanimous agreement from the board of directors.

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This year has seen Wynn Resorts open Encore Boston Harbour, as well expand the Wynn Las Vegas Convention Centre.

Maddox became the Company's CEO in early 2018, succeeding Steve Wynn, who resigned after allegations of misconduct.

The fallout following Wynn’s departure saw the Nevada Gaming Control Board impose a $20m fine on Wynn Resorts for failing to properly address sexual misconduct claims against its former CEO.

Philip G. Satre, Wynn Resorts Chairman, said: "Matt Maddox successfully navigated the company through its most difficult and challenging circumstances.

“He has rebuilt a solid strategic plan and capital foundation, which now positions Wynn Resorts to enjoy what the board of directors and I believe will be a period of remarkable growth and success.”

Maddox said: "No one person is singularly responsible for the success of any enterprise. 

"I deeply appreciate the support the board has demonstrated both for me personally and the Wynn team collectively.  I feel strongly that the future of Wynn Resorts has never been so bright."

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