Wynn and state gambling regulators finalize Boston-area casino license

bug


We also have more stories about:
(click the phrases to see a list)

Subjects:

Places:

 


BOSTON — Officials from Wynn Resorts and state gambling regulators have finalized the Boston-area casino license.

Acting Commission Chairman James McHugh signed the license along with representatives from the Las Vegas-based gambling company.

The panel selected Wynn's $1.6 billion plan for the Everett waterfront over rival Mohegan Sun's $1.1 billion plan for the Suffolk Downs horse racing track in Revere.

McHugh said Wynn brings a track record of success in competitive gambling jurisdictions. It's also "taking on an enormous challenge" in redeveloping a heavily polluted former chemical plant site along the Mystic River.

The license is the third the commission has awarded.

Voters in November however are set to decide on a ballot question to repeal the state's casino law, which would put the brakes on all those developments.

All content copyright ©2014 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.