Thursday, February 4, 2016

Massachusetts Gaming Commission Signs Off On Wynn, Boston Casino Deal

Another week, another hurdle cleared for a new $1.7 billion Las Vegas-style casino near Boston.

On Thursday, the Massachusetts Gaming Commission approved a deal brokered last month between Wynn Resorts and Boston over the planned casino on a former Monsanto Chemical site in Everett, which sits just outside the city with a metro population of 4.7 million people.

According to The Boston Globe, a lawyer for the city spoke highly of the state gaming regulators, despite Boston previously alleging misconduct in giving Wynn the sole license for the area over a proposal at Suffolk Downs that Boston preferred.

In trying to invalidate an environmental permit awarded to Wynn, the city also alleged that Wynn’s casino would “generate severe damage to the environment,” despite there being existing pollution in the area. In addition to Wynn Resorts cleaning up the former Monsanto Chemical site, the company will be tasked with taking care of pollution in the Mystic River that runs right by the casino.

The deal between the two parties calls for Boston to receive up to $368 million over the next 15 years. The city and Wynn also agreed to work together to take care of any traffic issues that arise from the new casino.

An end to the bitter fight between Steve Wynn and Boston comes despite Wynn once calling Boston Mayor Martin Walsh “obviously irresponsible.”


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