In Wake Of Las Vegas Scandal, Massachusetts To 'Review' Wynn's Boston Casino ProjectRegulators To Consider 'Next Steps' After Explosive WSJ Report |
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Is a massive 90-table poker room in the Boston area now in jeopardy?
CBS Boston reported that the Massachusetts Gaming Commission will take another look at a $2.4 billion casino project from Las Vegas mogul Steve Wynn, who last week was hit with explosive sexual misconduct allegations in an article from The Wall Street Journal. The alleged behavior went on for decades.
In a statement, Massachusetts gaming regulators said that they are “now aware of and [are] taking very seriously the troubling allegations” from the Journal report.
“The suitability and integrity of our gaming licensees is of the utmost importance, and ensuring that suitability is an active and ongoing process,” the five-member commission said. “Consequently, the MGC’s Investigations and Enforcement Bureau will conduct a regulatory review of this matter to determine the appropriate next steps.”
Construction began for Wynn Boston Harbor in 2016. As of right now, the casino is still slated to open in the summer 2019. State regulators several years ago signed off on Wynn as a casino operator, giving him just one of a few state OKs for gambling.
“Steve Wynn is probably the most well-known gaming executive in the country, if not the world," a 2013 state report on Wynn’s suitability for a Massachusetts casino license said. “His name has become synonymous with casinos.”
Wynn Resorts stock is down more than 17 percent since the Journal report was published.