Wynn Resorts is denying multiple allegations of sexual harassment and assault by founder Steve Wynn detailed in a Wall Street Journal report that sent shares of the casino company tumbling more than 10 percent.
(AP Photo/Charles Krupa, File)Casino mogul Steve Wynn resigned Saturday as finance chairman of the Republican National Committee amid allegations of sexual harassment and assault.
Wynn has been a prolific Republican donor and led the RNC's fundraising efforts during President Donald Trump's first year, helping the committee rake in more than $130 million.
"Today I accepted Steve Wynn's resignation as Republican National Committee finance chair," said RNC chairwoman Ronna Mc Daniel.
The Wall Street Journal reported Friday that a number of women said they were harassed or assaulted by Wynn, the chairman and CEO of Wynn Resorts. One case led to a $7.5 million settlement with a manicurist, the newspaper reported.
Wynn was chosen by Trump to lead the RNC's fundraising effort, and he contributed more than $600,000 to GOP causes last year, according to the Federal Election Commission.
A person with direct knowledge of the situation said Trump had signed off on the decision for Wynn to resign.
The person spoke on condition of anonymity because he was not authorized to share private discussions.
Since 2013, Wynn has contributed nearly $2.4 million to GOP candidates and party organizations around the country, including 2017 special election winners as well as dozens of state Republican Party committees.
The allegations against Wynn have come during a wave of sexual misconduct claims against prominent media, entertainment and political figures that gained momentum last fall after the emergence of detailed allegations of rape and harassment involving movie producer Harvey Weinstein.
During the fall, RNC officials, including Mc Daniel, noted that Weinstein had been a top donor for Democrats, including 2016 presidential nominee Hillary Clinton.
In early October, Mc Daniel tweeted that if the Democratic National Committee "truly stands up for women like they say they do, then returning Weinstein's dirty money should be a no-brainer."The RNC has not yet said whether it will return any money donated by Wynn.