Massachusetts Gaming Regulator: Wynn's Proposed Project Not As 'Innovative' As Its Vegas PropertiesReview Process, Which Will Take At Least A Week, To Continue |
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Massachusetts gaming regulators had better things to say about Mohegan Sun’s casino proposal than the one pitched by Las Vegas legend Steve Wynn. Both groups are looking to receive the sole casino license for the Boston area—considered a lucrative market.
An application review on each proposal’s building and site design went more favorably to Mohegan Sun. Each of the four gaming commissioners has taken the lead on overseeing a group of advisers and industry experts to evaluate each gaming proposal based the evaluation categories: Finance, Mitigation, Economic Development, and Building and Site Design.
The Massachusetts Gaming Commission as a whole will present their findings on General/Overview criteria and will rate each application as a Commission.
Meetings will run throughout the week to help the Commission decide on a winner.
“Mohegan Sun presents a creative design that recognizes its place within its surroundings,” the report said. “Wynn presents a development plan with many positives but the [27-floor] hotel tower does not have the innovative energy characteristic of its Las Vegas hotels and of the best new construction in the Boston Area.” Wynn owns two casino-hotels on the Vegas Strip.
Wynn is looking to clean up a former Monsanto Chemical site on the Mystic River.
“Wynn takes a lead on this criterion for its repurposing of a difficult, toxic site advancing regional waterfront goals, and by separating its gaming floor from non-gaming amenities. Further, Wynn estimates total cost of construction at $1 billion; Mohegan Sun at $570 million,” the report added.
For more of a look at how the review process works, check out this video:
While the selection process continues, Massachusetts voters will decide in November if the state should repeal the casino law. Most agree that the repeal is a long-shot, but some heavyweights, including U.S. Sen. Elizabeth Warren, support the repeal effort.
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