Coverage of Hampden County, Massachusetts.

MGM, Wynn Talks Over Everett Casino End Without A Deal

May 22, 2019
The Encore Boston Harbor casino in Everett is seen from Assembly Row in Somerville, Massachusetts.
Jesse Costa / WBUR

The discussions between Wynn Resorts and MGM Resorts around a possible sale of the soon-to-open Encore Boston Harbor casino in Everett are over. Wynn Resorts says it is committed to its Boston-area project.

Slot machines at the MGM casino in Springfield, Massachusetts.
Karen Brown / NEPR

With MGM in talks to buy a casino in eastern Massachusetts and leave Springfield, local and state leaders insist they will have a significant say in how and whether that happens.

Talks between casino giants Wynn Resorts and MGM Resorts over a possible sale of Wynn’s almost-finished Encore Boston are said by the companies to be only preliminary, but they could present more headaches for regulators as they wade into uncharted territory.

Wynn Resorts is in early talks to sell the Everett casino for which it fought so hard to retain control, a striking pivot five weeks before the venue’s scheduled opening.

The prospective buyer is MGM Resorts, which already operates a casino in Springfield. Wynn and MGM said in a joint statement Friday afternoon that negotiations have taken place “over the past several weeks.”

Inside MGM Springfield.
Don Treeger / The Republican / masslive.com/photos

MGM Springfield suffered a setback in April, with revenue dropping 15 percent from March. That's according to the latest numbers from Massachusetts casino regulators.