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Case file s430 · Divorce and feuds · 2010
2010
Elaine Wynn: CIS National Board Chair Elaine Wynn (cropped)
Elaine Wynn. Governor Jim Justice. Public domain, Wikimedia Commons.
Died
living; divorce 2010
Place
Las Vegas · United States
Field
casinos · Business and finance on the timeline
Legal tradition
Nevada law
Historical event
Steve Wynn's 2018 resignation over misconduct allegations

Elaine Wynn's divorce left her shares voting with her ex-husband's, and she sued Wynn Resorts to break the pact

Steve and Elaine Wynn co-founded the businesses that became Wynn Resorts. In their 2010 divorce Elaine received almost half of Steve's Wynn Resorts stock, under a stockholders agreement that required them to vote together and barred either from selling without the other's consent. In 2012 Wynn Resorts forcibly redeemed the shares of its third partner, Kazuo Okada's Aruze. Elaine argued the voting pact was no longer needed. After she was voted off the board in 2015, she went to court in 2016 to get control of her shares, seeking $460 million in damages. A Las Vegas judge signed an order declaring the 2010 stockholders agreement no longer enforceable. In January 2018 press reports alleged sexual misconduct by Steve Wynn, which he denied, and he resigned†. On April 16, 2018 the company announced that Elaine and Steve had settled her remaining claims; terms were not disclosed and the company made no payment. Their combined stake had been 21 percent, worth more than $4 billion.

What the law took from it

A divorce that splits shares but ties their votes together leaves the ex-spouses in business with each other.

Cite as: celebrity.estate, “Elaine Wynn's divorce left her shares voting with her ex-husband's, and she sued Wynn Resorts to break the pact,” story s430, https://www.celebrity.estate/elaine-wynn-2010, updated 30 October 2026.

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