
Has Mass. Lost Its Casino Bet?
The two large resort-style casinos won approval from state regulators in no small part due to their perceived potential to be engines of economic development. A new study throws doubt on that hope.
The two large resort-style casinos won approval from state regulators in no small part due to their perceived potential to be engines of economic development. A new study throws doubt on that hope.
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.
The new $1 billion MGM Resorts International casino opened in Springfield will be credit positive, Moody’s Investor Service said Tuesday.