BOSTON – Wynn Resorts has renamed the $ 2.5 billion casino outside Boston in Encore Boston Harbor as the company continues to take steps to distance itself from founder Steve Wynn's sexual misconduct.
New CEO Matthew Maddox confirms the long-speculated change to state gambling regulators on Friday when they considered the company's request to remove Wynn's name from his Massachusetts casino license.
The company also owns and operates Borgata Hotel Casino & Spa in Atlantic City,
Wynn resigned as chairman and CEO and later sold his company shares as a result of the allegations he denies.
"This company is not about a man." Steve Wynn is not Wynn Resorts, "said Maddox. "Wynn Resorts has about 25,000 employees who grow this company every day."
Maddox said banners at the Everett Waterfront site that once announced the arrival of "Wynn Boston Harbor" were removed on Friday, and new ones were added to the "Encore" moniker that was also used at one of the Las Vegas casinos their place.
Members of the Commission did not comment on the change, which does not require state approval. Next week, they are expected to decide whether Steve Wynn should continue to be considered part of the Massachusetts regulatory project.
The Commission has emphasized that even if Wynn's name were removed from the company's casino license, Wynn Resorts' broader review would not interrupt.
The panel of five investigates what the company's board of directors could know about the allegations, including a $ 7.5 million agreement with a prosecutor that was not disclosed when the state awarded the company a license in 201
Maddox outlined other ways the company is changing its corporate culture, including through the appointment of three new women to the Board, providing paid parental leave, changing training on sexual harassment and job creation A new department focused on gender equality , Diversity and female leadership.
"Things are moving at lightning speed," he said. "We are driving this company forward, we take these issues very seriously."
Everett's mayor, Carlo DeMaria, who attended Friday's hearing in Boston, said the name change was the right move in the face of calls from survivors of sexual assault. He joined a chorus of prominent state officials, including Republican governor Charlie Baker and Democratic Prosecutor Maura Healey.
"There were a lot of serious allegations," DeMaria said. "If these prove true, they are not appropriate and a name change is in the best interests of the project."
Gina Scaramella, director of the nonprofit Boston Area Rape Crisis Center, which supports survivors of sexual assault, called it a positive step forward.
"It shows that we have reached a turning point in how our culture reacts to sexual harassment and assault," she said.
Wynn filed a defamation lawsuit against The Associated Press on another allegation made to the police.