A federal court sided with Wynn Resorts in a lawsuit which claimed that the Las Vegas casino operator encouraged an Everett landlord to terminate the lease of an auto body shop near its Encore Boston Harbor property.
Encore Boston Harbor, the $2.6 billion resort casino in Everett, said Monday that it is placing about 3,000 of its employees on an indefinite furlough as it prepares to reopen under guidelines that limit the resort’s occupancy.
A 51-unit luxury apartment project next to the Exxon Mobile petroleum terminal in Everett has landed construction financing.
The owners of the Encore Boston Harbor casino and 16.5 acres that surround it are looking for development partners to build up the neighborhood.
The city of Everett is sending the word to regional and national developers that its downtown is ready for a long-overdue refresh. And the message seems to be hitting its target.
Even though it is over $14 million off its first-year monthly revenue projections, the president of MGM Resorts International is calling the company’s Springfield casino a success.
The three casinos in Massachusetts cumulatively generated $81.4 million in revenue last month from hundreds of millions in wagers and Encore Boston Harbor in Everett accounted for about 60 percent of it.
Boston Mayor Marty Walsh called Wednesday for the MBTA to invest about $9 million in running Red Line and commuter rail trains more frequently, slamming the system – wracked with ongoing delays after a derailment last month – as “not currently a functional service” for much of the city.
Instead of locals, outsiders like billionaire hedge fund king John Henry and Las Vegas icon Wynn Resorts were the ones who won out in knock-down fights for two of the most transformative deals in the history of Greater Boston, and we’re better off for it.
Speaking at the opening of the new Encore Boston Harbor casino, Everett Mayor Carlo DeMaria promised to continue efforts to redevelop Everett’s industrial waterfront area, including improvements to rail and water transportation.
As the state’s first eastern Massachusetts casino prepares to open Sunday, residents in Everett and neighboring Revere are bracing for its potential impacts.
MGM Springfield counted $22.29 million in revenue from its slot machines and tables games last month and the slots at Plainridge Park Casino generated $14.84 million in revenue in May, a cumulative total of $12.84 million of which will flow to the state.
Just tell the croupier to put $500 on a MBTA derailment.
As gambling regulators comb through all aspects of the Encore Boston Harbor resort casino ahead of its planned opening later this month, the executive director of the Gaming Commission said everything is running on schedule for the June 23 start of betting in Everett.
Wynn Resorts on Tuesday paid the $35 million fine imposed on it by the Massachusetts Gaming Commission and the $500,000 fine imposed on CEO Matt Maddox, while the commission opened bids for an independent monitor to keep an eye on Wynn Resorts for five years.
“I wouldn’t lie to you, there are quite a few things I’m worried about. But I think we have them all under control,” Peter Campot, head of Wynn Resorts’ design and construction arm, told the Massachusetts Gaming Commission Wednesday.
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.
Amid reports that Wynn Resorts is talking about selling its $2.6 billion casino development in Everett to MGM Resorts, House Speaker Robert DeLeo on Monday said he plans to make sure the interests of the state, Springfield and Everett are front and center in any proposed sale.
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.
The state’s two full-scale casinos are sure to compete for customers, employees and attention, but MGM Springfield and Encore Boston Harbor could also be competing to see which casino can be more environmentally friendly.
