MGM Resorts breaks discussions with Wynn Resorts regarding the sale of Encore Boston Harbor Casino



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Casino giant MGM Resorts International ended discussions with Wynn Resorts regarding the eventual sale of the $ 2.6 billion Encore Boston Harbor property to Everett, said MGM Resorts in a statement Tuesday night. The company said in a statement Friday, MGM Resorts and Wynn Resorts issued a joint statement stating that the two giants of the Las Vegas casino have engaged in discussions around the potential sale of Encore Boston Harbor. thousands of jobs and millions of dollars in revenue for small businesses in the region, "said the company in a statement. "Our discussions regarding the seaside resort of Everett were in this spirit," wrote the company. "We have noted the concern expressed by various stakeholders about a transaction and this concerns us at MGM and we only want to have a positive impact on the communities in which we operate." MGM stated that he "wishes the best of luck to the Everett community and looks to the future to visit their beautiful complex when it opened and to welcome the 5,600 employees in our area." contacted Wynn Resorts to obtain a statement, but we did not immediately receive a response from the company. The nearly completed property of Encore Boston Harbor is expected to open June 23. If MGM Resorts had bought Everett Casino, he would have been forced to sell his casino in Springfield because a company can only own one casino license in the state.

Casino giant, MGM Resorts International, has terminated negotiations with Wynn Resorts over the possible sale of the $ 2.6 billion Encore Boston Harbor property to Everett, said MGM Resorts in a statement Tuesday night. .

"We think the best course of action is to end discussions about this opportunity," the company said in a statement.

On Friday, MGM Resorts and Wynn Resorts issued a joint statement, claiming that the two giants of the Las Vegas casinos were engaged in discussions around the potential sale of Encore Boston Harbor.

"We are engaged in our Springfield community and proud of what we have accomplished, including thousands of jobs and millions of dollars in revenue for small businesses in the region," the company said in a statement.

"Our discussions regarding the seaside resort of Everett were in this spirit," wrote the company. "We have taken note of the concern of various stakeholders about a transaction and this concerns us at MGM and we only want to have a positive impact on the communities in which we operate."

MGM stated that she "wishes the best of luck to the community of Everett and looks forward to visiting their beautiful resort when it opens and welcoming the 5,600 employees in our area."

We contacted Wynn Resorts to obtain a statement, but we did not have an immediate response from the company.

The nearly completed property of Encore Boston Harbor is expected to open June 23.

If MGM Resorts had bought Everett Casino, he would have been forced to sell his casino in Springfield because a company can only own one casino license in the state.

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