But while Wynn shareholders are still reeling from the leadership change, Height Securities analyst Stefanie Miller said Thursday that Steve Wynn's actions have likely not put the company at risk of regulatory action in either of its two largest global markets. According to Miller, if Steve Wynn had stayed on as CEO, regulators would have felt pressure to penalize the company by potentially revoking its gambling licenses. Miller said Wynn's Macau license, which is up for renewal in 2022, is the biggest risk at the moment, but it appears the Macau Gaming Inspection and Coordination Bureau isn't particularly concerned with Steve Wynn's behavior.