12/30/2023 0 Comments Boston wynn casino news![]() Wynn Boston Harbor for sale? Wynn Resorts reportedly shopping $2.Encore Boston Harbor is the new name of the under-construction Everett casino.Wynn Resorts takes a gamble by not selling Boston casino.Meanwhile, construction continues apace toward a planned June 2019 opening. The company could end up with an even lower offer. Should the state strip Wynn of its license, the company would be forced into a distressed sale of the Everett project-and beggars can’t be choosers, etc. In a news release, Realty Income said the deal with Wynn marks its first acquisition in the casino industry. Located on the banks of the Mystic River in Everett, Massachusetts, Wynn Boston Harbor is being touted as America. The opening of the 2.4 billion Wynn Boston Harbor Casino in Massachusetts is still a year and a half away, but the property is beginning to take shape. ![]() ![]() State gaming officials are probing whether it is suitable for Wynn to hold a gambling license in Massachusetts given the history of its founder (with whom the company has severed ties and it recently renamed the project Encore Boston Harbor from Wynn Boston Harbor). Written By Steve Ruddock on DecemLast Updated on June 6, 2022. It turns out, though, that both suitors offered to buy it for less than the approximately $2.4 billion that Wynn plans to spend building it. The Vegas-based company-which has been in upheaval since sexual assault and harassment allegations against its namesake and founder surfaced in January- had met separately recently with rivals Caesars Entertainment and MGM Resorts about buying the project. Wynn Resorts has decided to keep the 3 million-square-foot casino-resort that it is building in Everett on the banks of the Mystic River. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |