MGM may buy Wynn Boston Harbor Casino

MGM Springfield

MGM may purchase the Everett project and sell its Springfield development. (Credits: boston.curbed.com)

MGM has reportedly shown interest in buying the Wynn Boston Harbor Casino, which would force it to sell the MGM Springfield.

US.- The Wynn Boston Harbor Casino, located just outside of Boston, may have a change of owner according to The Wall Street Journal. The newspaper has reported that MGM has talked with Wynn Resorts to acquire the US$2.5 billion property, which would force it to sell the MGM Springfield under Massachusetts law.

According to Mayor Domenic Sarno, MGM officials have reassured him of their commitment to develop a first-class resort in Springfield. Furthermore, he voiced the government’s satisfaction with its “host community agreement protections” after discussing the issue with the legal team.

“I’d like to see [MGM] stay [in Springfield], because they’ve been promising jobs all these years and a number of things. I don’t think it bodes well for the city,” resident Peter Bradley said and voiced local concerns on the project by the casino giant in the area.

It seems that the casino industry is quite active in the area and further moves may take place in addition to the controversy between MGM and the Mashantucket Pequot and Mohegan Sun tribes and their East Windsor venue in Connecticut.