Casino mogul Steve Wynn resigned from his position in the Republican National Committee as the finance chairman on Saturday.

RNC Chairwoman Ronna (      ) McDaniel said in a statement: “Today I accepted Steve Wynn’s resignation as Republican National Committee Finance Chair.”

Wynn denied the allegations of sexual misconduct on Friday.

In one case, Wynn paid 7.5 million to settle a harassment claim from a manicurist in 2005.

The Wall Street Journal also reported that dozens of people they’d spoken to who have worked at Wynn’s casinos “told of behavior that cumulatively would amount to a decadeslong pattern of sexual misconduct by Mr. Wynn.”

While we as a society need to be circumspect when these allegations arise, in this case, the RNC and Wynn had little choice in his resigning from a top position in the organization. Wynn’s lifestyle will not be ruined by the resignation and having him in such a spot would have been more trouble than it was worth.