Fontainebleau Las Vegas President Maurice Wooden Set to Undergo Licensing Process
Fontainebleau Las Vegas has announced that Maurice Wooden, their newly appointed President, will need to undergo a licensing process with state regulators, as confirmed by officials from the Nevada Gaming Control Board. Wooden, a seasoned veteran in the gaming and hospitality industry with 36 years of experience, will be required to appear before gaming regulators as part of the process. While the exact timeline is uncertain, it is expected that the licensing process will not reach the public agenda for several months, allowing Wooden to continue working in his role in the meantime.
Wooden is widely known for his previous role as the leader of Wynn Las Vegas from 2013 to 2019 and his involvement with the Las Vegas Convention and Visitors Authority. His tenure at Wynn Las Vegas came to an end during a tumultuous period for the company, with the former chairman, Steve Wynn, resigning abruptly due to allegations of harassment against female employees. A civil settlement involving nine former employees was recently approved.
While Wooden left his position at Wynn and Encore before any evidence of his knowledge regarding the allegations came to light, the details of his involvement remain unclear. Wynn Resorts settled the case with Nevada regulators but disputed the claim that Wooden was aware of the misconduct allegations. The impact of these statements on Wooden’s licensing investigation is yet to be determined.
Representatives from Fontainebleau Development have expressed confidence in Wooden’s ability to lead the newly opened luxury resort on the Strip. They praised his extensive knowledge of the hospitality and gaming industries, highlighting his expertise and consistency. Fontainebleau’s Chairman, Jeffrey Soffer, emphasized Wooden’s track record and the high level of confidence he instills as they continue to develop and refine the Las Vegas property.
According to the Nevada Gaming Control Board, the licensing process for a new executive typically takes about a month from the filing of the application, followed by an extensive investigation by the board’s investigation division. Given Wooden’s experience and familiarity with the market and the board, it is expected that his licensing process will move relatively quickly.
Wooden takes over the position from Mark Tricano, who assumed the role in June. Tricano will remain with the company and now report to Wooden. Prior to joining Fontainebleau Las Vegas, Wooden was involved in the growth plans of billionaire Tilman Fertitta’s company, Fertitta Entertainment, as the President of luxury hotel development.
FAQ:
1. What are the licensing requirements for the new President of Fontainebleau Las Vegas?
The newly appointed President of Fontainebleau Las Vegas, Maurice Wooden, will need to undergo a licensing process with state regulators from the Nevada Gaming Control Board. As a key executive or employee, Wooden will be required to appear before gaming regulators. However, the licensing process may not reach the public agenda for several months, meaning Wooden can continue working in his role in the meantime.
2. What is Maurice Wooden’s experience in the gaming and hospitality industry?
Maurice Wooden is a seasoned veteran in the gaming and hospitality industry with 36 years of experience. He is best known for his time leading Wynn Las Vegas from 2013 to 2019. He also had a role in the Las Vegas Convention and Visitors Authority.
3. Was Maurice Wooden involved in the scandals related to harassment allegations at Wynn Las Vegas?
Although Maurice Wooden left his position at Wynn Las Vegas before any evidence of his knowledge regarding the allegations surfaced during the Nevada investigation, the exact details of his involvement remain uncertain. Wynn Resorts settled the case with Nevada regulators but disputed the assertion that Wooden was aware of the misconduct allegations. The impact of these statements on Wooden’s licensing investigation is yet to be determined.
4. What are the expectations of Fontainebleau Development representatives regarding Maurice Wooden?
Representatives from Fontainebleau Development have expressed confidence in Wooden’s ability to lead the newly opened luxury resort on the Strip. They have praised his extensive knowledge of the hospitality and gaming industries, highlighting his expertise and consistency. Fontainebleau’s Chairman, Jeffrey Soffer, emphasized Wooden’s track record and the high level of confidence he instills as they continue to develop and refine the Las Vegas property.
5. How long does the licensing process for a new executive in the gaming industry typically take?
According to the Nevada Gaming Control Board, the filing of an application for a new executive’s license typically takes about a month, followed by an extensive investigation by the board’s investigation division. While some investigations can be lengthy, given Wooden’s experience and familiarity with the market and the board, his licensing process is expected to move relatively quickly.
6. Who held the position of President at Fontainebleau Las Vegas before Maurice Wooden?
Maurice Wooden took over the position from Mark Tricano, who assumed the role in June. Despite the leadership change, Tricano remains with the company and will now report to Wooden. Prior to joining Fontainebleau Las Vegas, Wooden was involved in the growth plans of billionaire Tilman Fertitta’s company, Fertitta Entertainment, as the President of luxury hotel development.
Sources:
– [Fontainebleau Las Vegas Official Website](https://www.fontainebleaulasvegas.com/)
– [Wynn Las Vegas Official Website](https://www.wynnlasvegas.com/)
– [Las Vegas Convention and Visitors Authority Official Website](https://www.lvcva.com/)
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