After the allegations surfaced, the stock took an immediate hit but has since recovered.
Maddox has claimed he had no prior knowledge of sexual misconduct complaints against Steve Wynn.
Since taking over the helm of the company, Maddox said Wednesday he’s been focused on reducing the noise surrounding Steve Wynn and the company’s long-running legal battles, including one with Japan’s Universal Entertainment. The company named three women to its board.
Wynn Resorts late Tuesday posted adjusted quarterly earnings of $2.30 per share, beating estimates by 32 cents, although the casino operator’s revenue was slightly below forecasts. Wynn also increased its quarterly dividend to 75 cents per share from 50 cents.
“We have a great underlying business, we have the best assets in the integrated resort business in Las Vegas and Macau, but everyone seemed to be focused on these historical issues,” said Maddox, who has been with the casino operator since 2002.
Maddox said the company’s issues are not over yet. He said it is focused on what it does best and denied rumors the business is looking for a potential sale.
“The refresh has just started,” he said. “This board is about the future, we are not done.”
— CNBC’s Contessa Brewer contributed to this report.