Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM

World News: . []

Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGMLas Vegas-based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671-room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in the state. The Massachusetts Gaming Commission had in April fined Wynn Resorts $35 million for not disclosing sexual misconduct allegations against founder and former chief executive officer Steve Wynn, but allowed the casino operator to keep its license.

Read More: https://news.yahoo.com/wynn-resorts-talks-sell-2-6-billion-encore-201027552--finance.html

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