Wynn Resorts focuses on the "successful launch" of Everett Casino



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A day after state regulators decided that Wynn Resorts could retain its gambling license, the Las Vegas gambling giant said Wednesday that it was "focused on the successful launch" of his casino Everett.

The Massachusetts Gaming Commission on Tuesday decided that Wynn Resorts could retain its official license to open a $ 2.6 billion casino along the Mystic River, while imposing a fine $ 35 million to the company for the actions of former executives who concealed accusations of founder and former CEO Steve Wynn.

After the commission's review, Wynn Resorts said Wednesday that the opening of Encore's Boston Harbor in June was focused on "recruiting and training 5,500 team members who will bring to Greater Boston and to New England a luxury experience in the hotel and entertainment industry. region has never seen. "

In its decision, the commission found that "the company culture of the organization headed by the founder led to disparate treatment of the CEO in a way that left the most vulnerable in danger. Although the company has made great progress in changing this system, this commission remains concerned about the failures and failures of the past. "

Matthew Maddox, current managing director of Wynn Resorts, will be fined $ 500,000, as per the commission's decision. Maddox, along with all of the company's current leaders, is capable of running a cash games business in Massachusetts, the commission said.

In his statement Wednesday, Wynn Resorts highlighted the changes that the company has made after the allegations of misconduct that sparked a state investigation were revealed.

"Wynn Resorts CEO Matt Maddox and the Board of Directors have worked diligently to make the significant and necessary changes to the company's leadership, governance, compliance programs and resource policies. human beings, "reads the statement.

Tuesday's decision came after more than a year of uncertainty for the casino, even as teams continued to build the 27-story structure that can be seen from Interstate 93. In addition jobs, the casino is expected to bring back hundreds of millions of dollars in payments to Everett and neighboring municipalities, to the government through gaming taxes and to private vendors who provide supplies and services to the casino.


Mark Arsenault of Globe staff contributed to this report. Danny McDonald can be contacted at [email protected]. Follow him on Twitter @Danny__McDonald.

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