Casinos

Let’s do a sports book

Let’s do a sports book

It makes no sense to continue banning it in Mass.

MASSACHUSETTS IS FACED with some big decisions in the wake of the US Supreme Court’s decision last month to scrap the federal law that prohibits states other than Nevada and (in limited form) Montana, Delaware, and Oregon from allowing sports betting within their borders. In the Murphy case, the Supreme Court did not affirmatively legalize sports betting; rather, it simply held that Congress(...)

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Wynn accused of reneging on $19m deal

Wynn accused of reneging on $19m deal

Casino developer calls handshake arrangement implausible

THE DRAMA SURROUNDING the Wynn Resorts casino took another odd turn when one of the former owners of the Everett property on which the facility is being built alleged that Wynn reneged on a handshake deal to pay him nearly $19 million in return for essentially accepting a lower sales price. Anthony Gattineri, one of(...)

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Casino notes: MGM seeks later ‘last call’

Casino notes: MGM seeks later ‘last call’

Three $1 million ferry boats ordered for Everett casino

THE MASSACHUSETTS GAMING COMMISSION is treading cautiously with a request from MGM Resorts to serve alcohol until 4 a.m. on the gambling floor of its soon-to-open Springfield casino. MGM is attempting to take advantage of a change in state law approved last year that allows casinos, subject to the approval of the Gaming Commission, to(...)

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For casino job hunters, good news and bad

For casino job hunters, good news and bad

A clearer path for those with criminal records, but credit history could trip some up

SOME GOOD NEWS recently for the MGM casino in Springfield and for folks hoping to land jobs there: The casino now has more discretion to handle criminal background checks for potential employees. Some background. Last year, at MGM’s request, the state Gaming Commission reviewed the law governing casino employment and concluded, to MGM’s disappointment, that(...)

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All bets are on

All bets are on

Legalized sports betting may be on its way to Massachusetts

Way back in 2005, when casino gambling in Massachusetts was still just a twinkle in Bob DeLeo’s eye, Gary Loveman, the Harvard Business School prof-turned-casino-pitchman regaled the region’s business bigs at a downtown luncheon of the Boston College Chief Executives’ Club. Loveman, then the chief executive of Harrah’s Entertainment, talked with the unbridled confidence of(...)

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All bets are on

Way back in 2005, when casino gambling in Massachusetts was still just a twinkle in Bob DeLeo’s eye, Gary Loveman, the Harvard Business School prof-turned-casino-pitchman regaled the region’s business bigs at a downtown luncheon of the Boston College Chief Executives’ Club. Loveman, then the chief executive of Harrah’s Entertainment, talked with the unbridled confidence of(...)

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Gaming Commission: Steve Wynn, Wynn Resorts divorced

Gaming Commission: Steve Wynn, Wynn Resorts divorced

Steve Wynn no ‘ordinary citizen,’ but relationship terminated

WYNN RESORTS CLEARED an initial hurdle on Monday in seeking to hang on to its casino license in Massachusetts, securing confirmation from the state Gaming Commission that Steve Wynn no longer plays any role in running the company named after him. The decision was expected, since Steve Wynn, after allegations of sexual misconduct surfaced against(...)

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Cost of Everett casino rises another $100m

Cost of Everett casino rises another $100m

Wynn Resorts says price tag now set at $2.5b

EVEN AS WYNN RESORTS is fighting to retain its Massachusetts casino license, the cost of the Everett project keeps on rising. At a hearing before the Massachusetts Gaming Commission on Friday, Wynn Resorts officials said the expected price tag of the project was now $2.5 billion. That means the cost has increased another $100 million(...)

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Maddox walks a tightrope

Maddox walks a tightrope

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

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.”(...)

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Hustle up Gaming Commission

Hustle up Gaming Commission

No decision yet on the opening of a Wynn Resorts casino in Everett

It may be time for the Massachusetts Gaming Commission to make up its mind about the suitability of Wynn Resorts to open a casino in Everett because the uncertainty is starting to take a toll. Wynn CEO Matt Maddox hosted a conference call with financial analysts on Tuesday after the release of the company’s first(...)

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