Wynn Resorts, Limited
WYNN
Consumer Discretionary
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Wynn Resorts, Limited has been the subject of multiple federal investigations concerning potential violations of the Foreign Corrupt Practices Act (FCPA). The U.S. Securities and Exchange Commission (SEC) has investigated donations made by the company, with one inquiry examining a $135 million charitable contribution that may have implicated FCPA issues.
In September 2024, the company's Las Vegas casino subsidiary, Wynn Las Vegas, agreed to forfeit $130,131,645 to settle a federal investigation. The U.S. Department of Justice found the company had illegally conspired with and later compensated a former customer who was convicted of running an illegal sportsbook operation from its suites, constituting a conspiracy to violate anti-money laundering reporting requirements. This settlement represents one of the largest corporate forfeitures in a gaming-related case.
Research Sources
10 organizations
Related Exclusions
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.