WYNN AND MGM IN TALKS ABOUT SALE OF EN­CORE BOS­TON CASINO

The Day - - FRONT PAGE -

Bos­ton — Two ma­jor casino op­er­a­tors are in pre­lim­i­nary talks about the pos­si­ble sale of one of the largest casi­nos in the North­east.

Wynn Re­sorts and MGM Re­sorts may reach a deal to sell Wynn’s Bos­ton Har­bor casino com­plex to MGM.

This comes as Wynn is about to open the Everett, Mass., casino.

In a joint state­ment Fri­day, MGM Re­sorts In­ter­na­tional and Wynn Re­sorts said they’ve en­gaged in conversati­ons about the po­ten­tial sale of En­core Bos­ton Har­bor.

The com­pa­nies say the talks won’t de­lay the Everett open­ing. MGM cur­rently owns a casino in Spring­field and would not be al­lowed to op­er­ate two in Mas­sachusetts.

State gam­bling reg­u­la­tors last month levied a $35 mil­lion fine on Wynn Re­sorts but let Wynn keep its casino li­cense af­ter find­ing ex­ec­u­tives failed to dis­close al­le­ga­tions of sex­ual mis­con­duct against com­pany founder Steve Wynn.

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