Steve Wynn's $7.5M Settlement Said to Involve Paternity Claim

The transcript discusses a secret $7.5 million payment made by Steve Wynn in 2005 to settle a paternity claim. The payment was made to avoid distractions during a critical time for Wynn's business, with new resorts opening in Las Vegas and Macau. There is no evidence that Wynn fathered a child, but the large payment has raised questions among regulators and his ex-wife's lawyers. The stock market reacted negatively, and regulatory concerns were highlighted. Expert analysis suggests the payment might help Wynn's case by providing an explanation for the large sum.

What concerns did regulators have regarding the payment?

What was the context of the payment in relation to Steve Wynn's business activities?