Everett Casino’s Neighbors Bracing for Traffic Impacts
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 Posts Third-Best Month as Boston Casino Prepares to Open
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.
Banker & Tradesman’s Editorial Cartoon: The Latest Game at Encore Boston Harbor
Just tell the croupier to put $500 on a MBTA derailment.
Encore Boston ‘In Good Spot’ for Opening Day
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 Pays $35M Fine, Will Not Appeal
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.
‘A Lot of Work to Do’ on Everett Casino, but Wynn Promises June 23 Opening
“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.
Wynn, MGM Call Off Boston Casino Sale Talks Over Local ‘Anxiety’
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.
State Leaders to ‘Closely Monitor’ Boston Casino Sale Talks
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.
Wynn In Talks To Sell Everett Casino
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.
Springfield Casino Uses Sun, Rain to Grab Green Label
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.
Wynn Working Through Casino Punchlist, Expects June 1 Completion
Overseers of the mammoth resort casino preparing to open on the Mystic River in Everett plan to finish hiring its initial workforce and complete the installation of more than 3,000 gaming machines and tables by the end of May.
Wynn Fined $35M, But Keeps Casino License
Despite the company’s “failures” in handling sexual misconduct allegations against founder Steve Wynn, the Massachusetts Gaming Commission will allow Wynn Resorts to keep the lucrative Boston-area casino license.
Gaming Commission in ‘Final Stages’ of Wynn Deliberations
A month after holding hearings on the licensing suitability of Wynn Resorts, state gaming industry regulators are expected to give an update Wednesday on deliberations and possibly on the timing of its decision.
Banker & Tradesman’s Editorial Cartoon: An Elevated Investment Outlook
What’s the best way to find new opportunities? Just sit back, relax and enjoy the ride.
Developers Have No Reservations About Revere Hotel Projects
Traditionally a lower-priced spillover market when Boston hotel rooms become scarce, the city of Revere suddenly is positioned to tap into a growing hospitality market in its own backyard, with a 1,000-room pipeline under construction or seeking approval, more than doubling the city’s existing room inventory.
Report: Waiting for State Decision, Wynn Gives $1M to Everett, Nonprofits
While waiting for state gambling regulators to decide if it can keep the Boston-area casino license, Wynn Resorts has given away $1 million nine to local nonprofits and the city of Everett.
MGM Springfield Sees Big Bump in Revenue, Conn. Casinos See More Declines
Connecticut’s two resort casinos experienced yet another month of declining slot machine revenues in March, bringing their losing streak to nine months. At the same time, the MGM Springfield casino saw a substantial increase in all types of gaming revenue.
Gaming Commissioners Begin Deliberations on Wynn Casino License
Members of the state Gaming Commission have turned their attention to deciding whether Wynn Resorts remains suitable to hold the lone Boston-area resort casino license, despite claims the company has remade itself following Steve Wynn’s departure.
Wynn Resorts Called a ‘Different Company’ After Steve Wynn’s Departure
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 Year After #MeToo Scandal, Wynn Resorts Faces Regulators
Wynn Resorts has taken laudable steps to transform a culture that allowed sexual misconduct complaints against its founder to remain hidden for decades, women’s rights advocates and business experts say.
