Wynn Resorts could sell Boston facility
The CEO of the company said that they are considering the sale of the Boston Harbor casino.
US.- Matt Maddox, Wynn Resorts’ new chief executive officer, has had informal talks about a potential sale of the company’s facility in Boston. The news was revealed by a person close to the discussions, but the company is still to report official news.
The person close to the discussions asked not to be named as the talks are private, The Business Times revealed, while Michael Weaver, a spokesman for Wynn Resorts, declined to comment.
While the US$2.4 billion casino is still under construction, it is scheduled to open sometime in 2019. Wynn has been experiencing an unusual year as its founder, Steve Wynn, was accused of sexual harassment and ended up resigning in February and selling all his shares.
Regulators in a number of states have been investigating the claims against the founder, and Massachusetts Gaming Commission chair Stephen Crosby said at a hearing last week that the licence to operate in the state was at risk.
