Maddox walks a tightrope

Calls Wynn brand strong even as he seeks name change for Everett casino

By Bruce Mohl Casinos 0 Comments Apr 27, 2018

WYNN RESORTS CEO MATT MADDOX walked a tightrope on Friday before the Massachusetts Gaming Commission, telling the commissioners that the Wynn brand remains strong after the departure of the company’s namesake while informing them that the firm would like to change the name of its Boston casino to Encore Boston Harbor due to “cultural sensitivity.”(...)

MGM has no heart for Springfield

Five reasons I'm skeptical about casino firm's commitment

By Michael Albano Casinos 0 Comments Apr 26, 2018

THE RECENT NONDENIAL by MGM Resorts International of the report by the Wall Street Journal that the casino company is considering a purchase of the under-construction Wynn Boston Harbor and the sale of its nearly completed Springfield casino should come as no surprise to anyone. MGM has never had a heart for Springfield. It all(...)

Mohegan, Wynn casinos rumble in the background

As Everett casino struggles with suitability, what’s the end game of CT rival?

By Bruce Mohl Casinos 0 Comments Mar 29, 2018

AS THE MASSACHUSETTS GAMING COMMISSION tries to decide whether Wynn Resorts remains suitable to retain its casino license, the two antagonists in the original battle for the license are sparring with each other again. Mohegan Sun, which lost out to Wynn Resorts in 2015, is suing the Gaming Commission in court trying to overturn the(...)

Sports betting could be next gambling frontier

Gaming Commission lays out the pros and cons for lawmakers

By Colin A. Young MA Gaming Commission 0 Comments Mar 1, 2018

STATE HOUSE NEWS SERVICE WAGERS MIGHT GENERATE between about $9 million and $61 million in state tax revenue if lawmakers decide to make sports betting legal in Massachusetts, the Gaming Commission said Thursday in a white paper that mapped out how the Legislature might think about introducing another new form of gaming in the Bay(...)

A campaign that may be all about nuance

The Wynn controversy highlights differences between Capuano and Pressley

By Andy Metzger Casinos, National Politics 0 Comments Feb 19, 2018

STATE HOUSE NEWS SERVICE ON THE BANKS of the Mystic River, workers have been building a structure envisioned by Steve Wynn, the casino magnate who recently relinquished control of his global resort empire after the Wall Street Journal reported he pressured employees into sex. The jobs stemming from the site are the foremost concern for(...)

Wynn: No plans to sell company stock

Action could affect review by Mass. regulators

By Bruce Mohl Casinos 0 Comments Feb 9, 2018

STEVE WYNN told Wynn Resorts on Friday that he has no “immediate plans” to sell shares he owns in the company, according to a company filing with the Securities and Exchange Commission. Wynn, who resigned as CEO and chairman of the company earlier this week in the wake of allegations that he engaged in sexual(...)

Wynn Resorts probe far from over

Steve Wynn may have resigned, but the investigation extends beyond him

By Bruce Mohl Casinos 0 Comments Feb 7, 2018

THE EXECUTIVE DIRECTOR of the Massachusetts Gaming Commission said Steve Wynn’s resignation as CEO and chairman of Wynn Resorts will be a factor in the agency’s investigation of the company but it won’t bring an end to the probe. Ed Bedrosian told members of the Gaming Commission on Wednesday that Wynn’s resignation reflects how the(...)

Steve Wynn’s departure doesn’t make Wynn Resorts suitable

Precedent suggests the firm should lose its Mass. license

By Chip Tuttle Casinos 1 Comment Feb 7, 2018

STEVE WYNN HAS RESIGNED as the CEO of his company in the wake of a bombshell Wall Street Journal report that alleged a decades-long pattern of sexual misconduct. His resignation, while clearly a step in the right direction, does not make Wynn Resorts suitable to hold a casino license in Massachusetts. What is suitability? In(...)

Gaming Commission could yank Wynn Resorts license

Initial focus of probe is Steve Wynn’s $7.5m manicurist settlement

By Bruce Mohl Casinos 2 Comments Jan 31, 2018

THE MASSACHUSETTS GAMING COMMISSION said on Wednesday that its investigation of Steve Wynn could lead to the revocation of the Wynn Resorts casino license in Everett and indicated the early focus of the probe would center on a $7.5 million settlement the Las Vegas casino mogul paid to a former manicurist at the company. The(...)

Baker calls allegations against Wynn appalling

If true, gov says, Las Vegas casino mogul is 'unsuitable' to hold Mass. license

By Matt Murphy Casinos, Charlie Baker 0 Comments Jan 29, 2018

STATE HOUSE NEWS SERVICE GOV. CHARLIE BAKER said Monday that if the allegations of sexual misconduct by casino employees against Steve Wynn are true then the developer would be unsuitable to hold a casino license in Massachusetts, but his condemnation came with one major caveat. “I’m not the decision maker,” the governor said. Baker, a(...)