Wynn Fulfills Latest License Requirement

Wynn Resorts fulfilled the latest requirement of its Massachusetts gaming license by making its annual slot-assessment payment to the Massachusetts Gaming Commission in the amount of $1,945,200.00. The annual payment period commenced when the Region A gaming license was awarded to Wynn Resorts in 2014 and is based on the number of slot machines projected by Wynn in its application to the commission.

“Wynn is happy to reach an increasing number of project milestones and meet all the requirements of our license; it’s a clear indication that we’re getting closer to our goal of building and opening a spectacular five-star Wynn Resort in Everett,” said Robert DeSalvio, president of Wynn Everett. “We’re doing everything that’s needed to keep things moving forward and on schedule.”

About Wynn Everett

Wynn Everett is a proposed $1.7 billion project that will include a five-star resort with more than 600 hotel rooms, high-end spa, retail, dining, ballroom and meeting space. Situated on 33 acres along the Mystic River, the site will allow for public enjoyment of the waterfront with paths that provide access to the harbor and retail and dining experiences that overlook the river walk. The resort will generate more than 4,000 construction jobs, more than 4,000 permanent jobs with excellent salaries and benefits and approximately $260 million in annual tax revenue to the state.

– Submitted by Wynn Resorts