Wynn Resorts CEO Matt Maddox to step down in January By Reuters

© Reuters. FILE PHOTO: An exterior view Wynn hotel-casino in Las Vegas, Nevada, U.S., February 7, 2018. REUTERS/Steve Marcus

(Reuters) – Wynn Resorts (NASDAQ:) Ltd Chief Government Officer Matt Maddox will step down on the finish of January and hand over the reins to government Craig Billings, the on line casino operator stated on Tuesday.

Billings, who joined Wynn Resorts as its finance chief in 2017, most just lately served as the pinnacle of Wynn Interactive, the corporate’s 72%-owned unit housing its U.S. on-line sports activities betting and gaming enterprise.

Billings will even turn into a board member.

Maddox took the helm at Wynn in February 2018 after founder Steve Wynn resigned within the wake of sexual misconduct allegations.

“This has not been a simple resolution. I’m leaving an organization that I really like and that is full of individuals I love,” Maddox stated.

“However I imagine now could be the appropriate time for me and for the enterprise.”

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