The life and times of Wynn Resorts founder Steve Wynn, who has since been banned from the Nevada casino industry due to allegations of sexual misconduct, will be portrayed in a new biopic, according to a recent report from the Hollywood Reporter.
Christina Binkley’s 2018 book “Winner Takes All” will serve as the foundation for the production, which has been optioned by the firm CoverStory.
Per the Reporter, the biopic will be produced by Scott Jay Kaplan and Emmet McDermott, with Binkley serving as co-producer. In terms of storylines, the adaptation is expected to focus mainly on Wynn’s rise to the top of the casino industry in the 1990s and the factors that eventually led to the allegations that derailed his career and his company.
It is unclear where the production will debut, be it on the big screen or small screen. In a statement, McDermott called the production a “larger-than-life story,” adding that “in Vegas, luck is everything.”
Wynn, who was responsible for the development of several iconic casino resorts, including the Mirage, the Bellagio, Wynn Las Vegas and Wynn Macau, was forced to step down as CEO in early 2018 amid a flurry of sexual misconduct allegations that were first reported by the Wall Street Journal. He sold off his 12 percent stake in the company shortly after, and has lived a reclusive life in Florida since.
In 2019, the Nevada Gaming Commission (NGC) filed a formal complaint against him, accusing him of improper conduct that reflected poorly on the industry as a whole. The Massachusetts Gaming Commission also slapped the company with a record $35 million fine for failing to disclose the allegations when the company was in the process of licensing Encore Boston Harbor.
Wynn eventually settled with the NGC for $10 million last July, and agreed to never return to any gaming operation in the state. He also faced a high-profile lawsuit relating to the allegations, which went in and out of court since his resignation until that too was eventually settled for undisclosed sum late last year.
The ousted CEO has maintained his innocence and has never publicly admitted to any wrongdoing.
