Wynn Resorts Chairman and founder Steve Wynn and his wife, Elaine have recently sold off two million shares in Wynn stock to cash out with at least $114 million. An announcement has been made that he sell of is due to an impending change in their marital status. The Wynns had announced earlier the year that they were divorcing with divorce papers filed with Clark County District Court on march the 5th and sealed to ensure privacy.

Such a high profile split leaves the world unsure at how this will affect the company. Family members from both sides of the couple are part of the company so great anticipation awaits if any restructuring will be involved. The sell off of the shares represents 10 percent of the Wynn's total holdings in the company.

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