Wynn Resorts Gets Voter Go Ahead for Massachusetts Casino

Wynn Resorts, the giant US gambling and casino operator, received the overwhelming support of voters in Everett, Massachusetts to construct a $1.2 billion casino resort in their midst.  Over 6,000 eligible voters went to the polls on Saturday, with 86% giving their support to the casino plan.  This was the first vote held after new gambling expansion laws were introduced in the state in 2011.

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Steve Wynn, Chief Executive Officer of Wynn Resorts Ltd said about the results: “The voters of Everett have spoken clearly and decisively. The vote heightens our enthusiasm and dedication to this fine project. We thank the voters for their support and making all our efforts so easy.”

The next obstacle in the process is official approval from the Massachusetts Gaming Commission which will eventually award three new gaming licenses to casino operators across the state.  Wynn is seeking one of these.

Wynn’s new casino resort will comprise 550 rooms and giant casino complex on a 32 acre site.

Everett’s residents voted in favor of the plan after taking into consideration how the resort would benefit the town.  Wynn has promised to give hiring preference to local residents and spend millions cleaning up pollution along the Mystic River.

There are currently three bidders on the single Boston area casino license, with the Wynn proposal in Everett being one of them.  The group faces competition from Caesars Entertainment Corp which has partnered with Suffolk Downs racetrack in East Boston, as well as Warning Gaming which has paired with Cross Roads Resort in Milford, Massachusetts.

A spokesman for Everett Mayor Carlo DeMaria said about the town’s approval of Wynn’s proposal: “We are focused on making this a success. The Gaming Commission will have to make their assessment later. Tonight, the people of Everett sent a pretty clear message through their vote to approve the agreement.”

 

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