Massachusetts’ third casino officially opened its doors near Boston on Sunday to thousands of patrons, including some who had lined up in the early morning hours to finally get their first look at the glitzy $2.6 billion Encore Boston Harbor facility after years of anticipation and controversy.
MGM Springfield counted $22.29 million in revenue from its slot machines and tables games last month, its third-best since it opened, while Connecticut’s casinos continued a pattern of year-over year slots revenue declines.
The discussions between Wynn Resorts and MGM Resorts around a possible sale of the soon-to-open Encore Boston Harbor casino in Everett are over and Wynn Resorts says it is committed to its Boston-area project.
After agreeing to pay a $35 million fine for misleading state regulators, and just five weeks before a grand opening, Wynn Resorts is in talks to sell its $2.6 billion Encore Boston Harbor casino in Everett.
Wynn Resorts may have closed the book on Massachusetts regulators’ investigation into how it handled sexual misconduct claims against founder Steve Wynn, but legal problems related to its soon-to-open Boston casino aren’t over yet.
Mohegan Sun won’t get a chance to buy its way into the Boston casino market, after all.
Members of the Massachusetts Gaming Commission have turned their attention to deciding whether Wynn Resorts remains suitable to hold the lone Boston-area resort casino license.
Pledging that the company has undergone a “transformation” since Steve Wynn left the last year while embroiled in sexual misconduct allegations, Wynn Resorts on Tuesday set out to convince the Massachusetts Gaming Commission that it remains suitable to hold the lucrative Boston-area casino license.
A settlement is pending in casino mogul Steve Wynn’s lawsuit seeking to block the release of Massachusetts’ investigation into allegations of sexual assault against him.
Connecticut’s Mohegan Sun casino stands ready to move into the Boston market if state regulators pull the casino license it awarded to Wynn Results.
Wynn Resorts Ltd.’s former CEO, Steve Wynn, may elect to sell all or a portion of his stake in the company, according to a regulatory filing dated Thursday.
