Please do not leave this page until complete. This can take a few moments.
Having secured its Massachusetts casino license, Wynn Resorts on Wednesday evening said it is now focused on "bringing Greater Boston and New England a luxury hospitality and entertainment experience unlike anything the region has ever seen."
With the opening of its $2.6 billion Las Vegas-style resort casino in Everett on the calendar for June 23, the company has been working to recruit, hire and train a workforce of 5,500 employees while Massachusetts regulators weighed the fate of an operator they had serious concerns about.
The Gaming Commission's ruling Tuesday to fine Wynn Resorts $35 million but allow it to keep the license appears to have cleared the way for the state's second full-scale casino.
"Wynn Resorts CEO Matt Maddox and the Board of Directors have worked diligently to make the important and necessary changes to the Company's corporate leadership, governance, compliance programs and Human Resources policies," the company said in a statement. "With the Massachusetts Gaming Commission review complete, our company is now focused on a successful launch of Encore Boston Harbor, and the recruiting and training of 5,500 team members who will be bringing Greater Boston and New England a luxury hospitality and entertainment experience unlike anything the region has ever seen."
In a press release on its website, the casino boasts "[t]here is no place in the world like Encore Boston Harbor," which sits on 33 formerly contaminated acres along the Mystic River in Everett. The 27-story hotel will include 671 rooms (104 of them luxury suites), 15 restaurants, spa, convention center, and a public harborwalk and park.
The gaming floor will be "magnificent" and include more than 4,000 "gaming positions," the company says.
"At 210,000 square feet, the casino has been envisioned with grandeur in mind, featuring 242 table games and 3,158 classic and state-of-the-art slot machines. Around this space you will find luxurious, secluded terraces that offer high-end poker, VIP and private-gaming experiences," the casino's main website says. "We've also recruited the finest dealers and hosts throughout the U.S. to further elevate your casino play."
The company expects to receive about eight million visitors a year -- "more than the Red Sox, Celtics, Bruins, and Patriots combined," it says in the press release -- and the state looks set to bake about $100 million in revenue from the casino into its next budget.
The state's 2011 expanded gambling law permits up to three resort casinos and one slots facility. It's up to the Gaming Commission to decide whether to seek a resort casino operator in the southeastern region, to complement the casinos in Everett and Springfield, and the slots facility in Plainville.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments