Former Wynn Resorts' CEO Steve Wynn at the Venetian Las Vegas on September 30, 2014.
Ethan Miller | Getty Images
Wynn Resorts said on Thursday that former Chief Executive Steve Wynn no longer holds a stake in the company after he agreed to sell all his remaining 8 million shares in privately negotiated transactions.
The company also announced it was selling 5.3 million shares to Macau casino operator Galaxy Entertainment Group at $175 per share.
