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Wynn Gets Approval For New Casino Outside Of Boston

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Staff member
Jan 14, 2008
Wynn Resorts has won the bid to build a casino resort just outside Boston. The company will build a $1.6 billion resort, which is expected to open in late 2017. Massachusetts
Gaming Commission picked Wynn over Mohegan Sun primarily due to better paying jobs and Wynn’s plan to clean up the former industrial land at the development site.
This is the third gaming license issued by the MGC. Earlier, it approved an MGM Resorts casino in Springfield
and a Penn National Gaming slots parlor near the Rhode Island border.

This is good news for Wynn, which has been waiting for years to build a casino resort in Everett. Massachusetts is an important location as it is the third richest state in the U.S.
with a per capital income that is $7,588 higher than the average U.S. per capital income. Since spending on casinos depends on the disposable income of individuals,
the resort will attract gamblers and tourists from all parts of Massachusetts. Boston is the largest city in Massachusetts and it is well connected with other major cities in the state and region.
Wynn will generate more than $800 million in revenue.